Side benefits of Multiboxing....

[Xzin]

You want my take on things?

Fiat currency.

You can't print more money forever and when confidence erodes sharply enough - you are going to have a huge problem on your hands.

[kalih]

While it's always fun to see the Austrian school come up... I think even the most ardent libertarian economists would agree that the slide of the dollar is about -alot- more than fiat currency.

[Xzin]

Clearly

Multiple nations requesting payment in non dollar funds. Attempts to replace the dollar with the euro for oil purchases. The Saudis not following the fed's interest guidance. INSANE trade deficits, WTF levels of debt. China at some point not being wiling to continue buying dollars (although when or how this will take place is debatable). Low interest rates causing investment in dollars to be less attractive. Subprime "crisis" which is overblown but still a minor factor - consumer confidence wise. Inflationary pressure. Lack of M3 data on actual inflation numbers. TREMENDOUS increases in the money supply over the last 10-15 years. Market manipulations in precious metals, including huge short positions in silver. At some point, it has to unravel. It always does. The only question is how orderly and who loses.

If the wheels of ever increasing currency, cheap loans and economic expansion start to crumble. Woe be the the US economy when people suddenly realize their fiat currency is worth nothing more than confidence in something that the world no longer has confidence in. Which is sad, because I think the US brings a great deal to the world. It also happens to consume WELL beyond it's means. Eventually, the tap is going to run dry.

My guess is some short term dollar gains followed by continual weakness over the medium term. Go ahead - lower interest rates another 25 basis points. That's such a great idea. Maybe we can wind up with 0% interest T bills and nobody will want to invest in the US at all!

[kalih]

If it makes you feel any better, I'm gonna go from 15% to 35% or so in Euro/China/India funds as opposed to the US total market index fund.

I'm not so cynical on the US economy, but I'm also in a cash-heavy setup right now, so I'm non-intentionally in a very risk-adverse bearish position. If things totally tank, I have lots of cash to start buying. I wish I had it in 2002. The dollar sliding is, technically, bad for me, but I plan on moving it into real estate (which is sliding worse), at some point, so I'm not too worried.

If I could, I'd buy US dollars. I can't, though. Because it's all I have.

[Xzin]

*contemplates another NVDA play*

Earnings call tomorrow.

~ 20 P/E

They are moving into CPUs now.... that + CUDA = sexy!

WTB stereo 3d drivers.... rumors have it set for March at the earliest.

[Jaws5]

Yes, benfit from 5 boxing. I save money be not investing in upstarts or long bets that burn me hard. I used play the market very hard started night trading from Tokyo in Dec 1987. made a lot. Then 2000 came and I lost my ass. After about the 5th margin call, I called it quits and covered my losses. I invest the old way now dallor averaging and only look at returns every 6 months. That leaves me much more time for 5 boxing and much better metal health of not watching the ticker every 5 secsonds. A 10 percent return per year over ten years is now my goal.

Other benifits. Wife and Son , and other extended family play game. I can drop 1 or 2 chars and run them though almost any instance for help them questing , ring of blood , etc.

[Xzin]

Leverage works both ways. I like solid long term (> 1 month) bets, not quick 1% 10:1 leveraged plays. Far too easy to lose big time and with investing, you always lose. The only question is how much.

Markets are great, but nothing comes close to returns on your own companies.

[Khayos]

I'm gonna say a huge WTF to all of the above, I live in Cheshire in the UK, i work a 8 till 4:30 job for bugger all and will die a poor man, however Multiboxing lets my mates @ work take the p*ss at how much of a geek I am in the fact they think I "need" to play 5 "games" at once and spend £50 odd quid a month on playing them. I tend to just laugh at them p*ssing up £100 down the pub on a weekend though.

To all you insanely rich multiboxers, chuck me 10 grand for my wedding and I'll run an alt through SM for you. ( A few thousand times)

Hehe

Regards,

[crzywolve]

I'm gonna say a huge WTF to all of the above, I live in Cheshire in the UK, i work a 8 till 4:30 job for bugger all and will die a poor man, however Multiboxing lets my mates @ work take the p*ss at how much of a geek I am in the fact they think I "need" to play 5 "games" at once and spend £50 odd quid a month on playing them. I tend to just laugh at them p*ssing up £100 down the pub on a weekend though.

To all you insanely rich multiboxers, chuck me 10 grand for my wedding and I'll run an alt through SM for you. ( A few thousand times)

Hehe

Regards

How I soooo agree with this. I live in Orlando. My job pays enought to live and pay the bills. I started dual-boxing because you all made it sound FUN. I had been playing WoW since about 2mo's out. I was bored and now I'm not. lol The guys at work think i'm funny for it, but then, like the above they go out on a weekend drinking binge and spend $100 on booze. I have been sober (kinda) for the last 8 yrs. With a mortgage, bills, fience' that is 13yrs younger than me and child support to an ex that I can't really stand, WoW keeps me sane. So, I guess that's my benifit, staying sane and not going postal. lol



And for the guys that sound like they make shit tons of cash, please give me some advise on just how to make that kind of cash! lol either that or a grant



Smitty

[Xzin]

How to make money? Provide a needed good or service to the world. The greater your ability to do this, the greater the reward.

Note: I didn't say said goods or services had to be a direct result of your daily time based efforts.