Your degree is worthless since we’re not discussing the implications of the tariffs on the economy. Good job though, we’re proud of you!
Sure and I’m not saying otherwise. People got into a tizzy for mentioning what makes trump tick regarding tariffs. The responses were nothing but projecting and claiming I’m a trump voter.
I liked this thread better when we were all unified in lamenting the state of the world instead of being unified against one smug know it all who speaks in riddles
I moved 20% of my old 401k into a growth capital fund that was tanking today. I really don’t care about anything anymore.
These Trump cultists are anti..... corporations, deep state, military industrial complex, foreign aid, foreign intervention, big government, Democrats, Republicans, so on and so. They do not realize what has made this county great. They want the whole system to collapse and replace it with what??? A supreme leader and total chaos??? Lots of them want to go "live off the land". They don't realize how stable our economy and way of life has been for decades now. They don't realize how well everyone has it made these days and just how prosperous we all are not just the ultra wealthy. I watched Fareed Zakaria's Attack on Government the other day. He put up a chart that showed poverty rates in the US were around 75% in 1940, 60% in 1950, 35% in 1960, 25% in 1970, 15% in 1980 and in the 10-15% since 1990 to now. The GDP per Capita for Mississippi is +$51k. While the UK is -$50k, France is -$45k and Japan is -$34k. The GDP per Capita for the US is +$82k. We are the global economic power and these idiots think we have it bad and are being taken advantage by the rest of the world.
I was doing a little homework on growth and tech funds for the kids Roth a few weeks ago. These are some that I had jotted down. SCHG = .04% VOOG = .6% FBCG = .59% FELG = .18% FFLG = .38% Looking at the 1, 3 and 5 year avg returns, there really wasn't any huge differences when averaging or comparing those. I decided to go with SCHG beccause of the low ER while FBCG had the better returns in the 1 & 5 years.
Im not a buyer until my portfolio gets to 75/25 then I’ll rebalance it back up to 80/20 or 85/15. If it never gets to 75/25 that means stocks rebounded and I’ll get to the 85/15 I desire that way. I should note I’ve gone from 92/8 to 80/20 by just buying a small amount of VGT and mainly treasuries since Dec along with the market dumping.
Trump either: A. Is mentally stable and doesn’t know how tariffs work B. Is not mentally stable and doesn’t know how tariffs work C. Knows how tariffs works, but pretends not to
Is anybody moving cash out of MMF into HYSA? I haven't made the move yet but a few Bogleheads posts got me thinking about it. It's hard to trust anything right now.
I’m also buying CDs but I’ve never heard of most of the banks offering decent rates and even more well known ones seem to all be callable.
Good lord at the market thanks to the 90 day pause. Hope no one sold earlier. What a dumb rollercoaster
Bought today but doesn’t go into affect until the market closes. FUCK. still time for it to crash again