Yeah my 2055 target date is -12.72% YTD. From what I can tell the bond market index it has a small holding of is -10.32% and the Int’L Bond index is -7.86% YTD Overall it’s only like 10% bonds right now.
I’ve seen nothing to say we aren’t doing incredibly well relative to the rest of the world. Think you bang this drum also, but I’ve been trying to remind myself of it more lately.
Bought a few really small positions in ROKU, PYPL, DOCU and ETSY. Fully expect to be buying again lower in the coming weeks/months
I bought a little more SQ yesterday to bring my cost basis down. Really should’ve sold it when I was up quite a bit last year.
8% on SQ for me. My only holding that isn’t getting crushed right now is Ackman’s failed spac PSTH since it’s worth it’s cash value
The rate of change was bad not necessarily being at 3%. But yes some cooling is good inflation wise just depends how cold it gets + how high/long inflation lingers.
Well what are you buying and why are you buying? It's always time to buy total market funds with a long term timeline, but now is an especially great time to do so.
Good lord probably not. I bought VTI as a friend was asking if I was going to buy SARK because he just bought SARK. VTI probably goin down I don’t care because I’m gonna hold it for 20 years
Ok - since I’m a teacher and have the summer off, I’m shopping Udemy for courses to buy today while they’re on sale and then take this summer. Anyone tried Udemy? Anyone like the looks of any of these courses specifically? these two piqued my interest… https://www.udemy.com/course/quantitative-finance-algorithmic-trading-in-python/ https://www.udemy.com/course/data-driven-investing-with-excel-financial-data-science/
guess I’ll hold off on paying any more towards my student loan then for the time being. I don’t have that much left and have continued to pay it down since the govt stopped requiring payments during Covid as I didn’t really believe it would happen.
So if I’m reading that correctly, if you make over 125k you get nothing forgiven? Big fuck you to the medical community that has the most debt. Should count as two years of Covid hazard pay if nothing else
And lawyers. Hell and the technical folks over in engineering and software, though to a much lesser extent than medical and legal
they're going to drag this out right up until the midterms and only deploy it if they absolutely have to.
to state the obvious with payments still frozen theres really no incentive to do it until they restart those
Hey, I know that you gave up your 20s to pursue a (supposedly) noble profession, while we locked you into fixed rate loans that cannot be negotiated or consolidated without voiding your ability to have them forgiven, but you make too much yearly income for us to consider forgiving a paltry fraction of your $250,000 of debt from a state medical school, sorry. Seriously, my total student loan debt when I had to start repayments was 257,000. That’s without undergrad loans. My wife’s is currently just north of 350 because she was out of state. I can’t even imagine what people at DO or private medical schools graduate with. Shows my ignorant ass to become a doctor when neither of my parents graduated college
Knowing the Dems propensity to step on their own dick they will probably unfreeze payments before getting this finalized.
Not that that would change anything in regards to this matter but my net profit on GameStop ended up being only 10k and obviously the market has more than taken all of that since then. I don’t work for a public institution so I consolidated after training and I’m over halfway through paying them off. But should anyone have to pay $4300 a month for a medical education?
would you rather have free tuition and get paid 100k or have big loans but get paid 300k+ because that's kind of the global dynamic where US physicians have more debt but also have huge salaries the rest the world really doesn't see if you'd sold when we were all screaming at you to sell how much would you have made in that bet (that I imagine you had ~10k invested in)
I can see that this is going in the inevitable Lyrtch spiral so I’ll go ahead and pass but this is good evidence that he will even take the side of loan servicers, unwarranted tuition escalation, and the American government as long as it negatively affects individuals that have a higher salary or more property than he does (especially MDs).
Student loans suck but I do think for higher earners will be way better off in the long term after your loans are paid off. I paid mine off and while it sucked not having much disposable income at that point out of school while making repayments, I am currently enjoying the fruits of my labor traveling the world, saving, pampering myself, etc. Of course I wish I could have saved for a house sooner and traveled sooner in a perfect world. I would not be able to do those things now if not for investing in my education so I am grateful for making that choice at an early age.
Oh and the system is solid for us as long as you don’t get sick, fail out, end up in psych/family medicine/pediatrics, or die I guess.