Being a very money conscience person, it sucks every time I fill up or I see the receipt from the grocery store but I retired well within our means and the higher prices doesn't affect us as much. My children and their younger families can't say as much. Both have solid incomes but their saving grace is they both bought their homes in their early 20's during the housing market slump.
We have no mortgages or loans of any kind and all of our monthly expenses go on our single credit card that we pay off every month. The extra money we spend due to Bidenflation just lessens the amount our kids will inherit.
Ballss, that is where you are out to lunch on this whole thing. We here on this board all have the money to put towards 401K/IRA and play the market. We have that. If we lose it, we say aww shucks and drown our sorrows at the bar for the afternoon, because most of us have investments in multiple areas, so we are somewhat immune unless there is another great depression (and even then, some would be fine). A majority of Americans do not have the money to invest at this time, or if they do and lose, they have to eat their feet for dinner, so they are not willing to play the game. Those are the people that will drive the results of this election.
Kevin, with stocks and real estate, you only get what you SELL it for. Otherwise it is like having a pussy in a jar on the mantle. It looks great up there, you can show your friends, talk about it at dinner, put some tinsel on it at Christmas time. But to use it, you have to break open the jar. That's like adding your life insurance payout to your NET Worth calculator. It looks goo on paper, but it isn't yours.
This post presents an interesting conundrum. Obviously, for political reasons, you want people to say no.
But everyone here wants to appear like they are killing it in every way - doing the biggest deals, perfectly timing the market, never losing money in any way.
What to do? Admit you aren't killing it for political purposes or undercut the political point by saving face?
Believing this crap they feed you means you also believe every pre-revision jobs report they put out...and probably believe Hunter's laptop is a Russian op.
We’re closer to nuclear war with Russia thanks to Harris. So no. Nobody is.
Though there are some loser stocks one should definitely stay away from.
https://finance.yahoo.com/quote/DJT/
Fiscally yes. Physically no. Mentally disgusted. YIKES!!!!!!!!!!!!
Being a very money conscience person, it sucks every time I fill up or I see the receipt from the grocery store but I retired well within our means and the higher prices doesn't affect us as much. My children and their younger families can't say as much. Both have solid incomes but their saving grace is they both bought their homes in their early 20's during the housing market slump.
We have no mortgages or loans of any kind and all of our monthly expenses go on our single credit card that we pay off every month. The extra money we spend due to Bidenflation just lessens the amount our kids will inherit.
Balls says “Let them eat cake”
Ballss, that is where you are out to lunch on this whole thing. We here on this board all have the money to put towards 401K/IRA and play the market. We have that. If we lose it, we say aww shucks and drown our sorrows at the bar for the afternoon, because most of us have investments in multiple areas, so we are somewhat immune unless there is another great depression (and even then, some would be fine). A majority of Americans do not have the money to invest at this time, or if they do and lose, they have to eat their feet for dinner, so they are not willing to play the game. Those are the people that will drive the results of this election.
Anybody over 35 = yes
Everybody under 35 = no plus anybody who cares about crime
Neither party has the balls to take on AIPAC. A shame
We are and I am retired. Realestate up. Market up, gold up. Life's good.
Just the rich. Fine motto
This post presents an interesting conundrum. Obviously, for political reasons, you want people to say no.
But everyone here wants to appear like they are killing it in every way - doing the biggest deals, perfectly timing the market, never losing money in any way.
What to do? Admit you aren't killing it for political purposes or undercut the political point by saving face?
Run spot run!