- Jul 16, 2018
- 7,656
- 20,123
This discussion will surely end well....
It's simply a topic for discussion based on peoples expectation of the times were going to be going through together....nobody here is promising returns or results....Man, it's your and your families future well being and to depend on a bunch of randos? Good grief.
Who the fck are you and why should I give two shts what you think? The only reason I'm here is because you made an ass of yourself a few hours ago and I wanted to see if you are as stupid as you appear. You've answered that so thanks.Man, it's your and your families future well being and to depend on a bunch of randos? Good grief.
Any financial adviser that I could afford knows less than I do (at least regarding my specific situation). I have 2 finance degrees and 20 years in corporate finance. Not bragging. More pointing out that I don't have a clue most of the time and the last 10+ years have been unpredictable and unprecedented. I think my book knowledge has actually hurt me more than helped me.Man, it's your and your families future well being and to depend on a bunch of randos? Good grief.
Cuz, well... Jereed.What the fuch.... it's just a handful of us bouncing ideas and stories on several topics. Nobody here gives advice. It's just a conversation. If you dont like it or want to read any of it.... why barge in here and throw shade on your very first post in this entire section?
Which brings us right back to the precious metals thread...No surprise, the equity markets don't care much about Afghanistan. The question is whether this increases the likelihood of a true Black Swan event (China invading Taiwan, Russia going into the Ukraine, or even a large domestic terrorist attack). Or another possibility is that Biden is now so tainted and tarnished that the powers that be use this window as a chance to create more chaos or manipulate the markets (stop propping up the stock market, Fed intervention, etc.) to get a clean slate before installing Kameltoe. Clearly the Bidens care most about getting paid, regardless of their legacy. A perfect escape goat.....
This may be the start....weird stuff. Nobody has really made any money since the senile dipsh!t and his merry cast of commies have taken over,,,now Afghan and Taiwan...private companies investing in mass gold....something is not right. 10yr goes down and NASDAQ loses....goes back up the next day Value/banking/energy still lose or don't move...something is not right folks....
Exactly...hell 80% of the S&P 500 is below the 50 day moving average....all this stuff over the last 8 month's is basically like sideways chop though no real sustained growth like when Trump was in(minus half of 2018)...all you had to do was throw money in an S&P 500 or large cap ETF and sit back and watch 16-18% returns....gold went up, silver went up, bonds went up(minus yields) everything was working except fixed income but that road has been closing for 15 years now....This sh!t suck balls and it's because there is no clear direction. We actually have deflationary money movement and double digit true consumer inflation...WTF..The indexes have more than doubled in 15 months but the indexes are controlled by less than 10 stocks give or take.
Didnt know where to put this. But it's cringe worthy:
Nearly 107 million households — or 61% of U.S. households — owed no federal income taxes in 2020
61% of U.S. households paid no federal income tax last year
I'd love to track the future financial roads that those forgiven travel down over the next 5-10 years....ya know just to see what the government will need to bail them out of next....
Over $100k to go to ITT Tech.... Anyone stupid enough to do that even as a teenager should have to pay for it for the rest of their lives....They literally used to advertise on Jerry Springer...You pay good money and get a degree from a school…. Then it goes out of business and your degree is worthless.
That is interesting situation. I am not certain what I think of it yet. You pay good money and get a degree from a school…. Then it goes out of business and your degree is worthless.