fncceo
Diamond Member
- Nov 29, 2016
- 42,814
- 35,435
- 3,615
Revenue from prostitution doesn't count.
Well, not for tax purposes. But, I can spend it just fine.
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Revenue from prostitution doesn't count.
You 401k increased 280%? I find that really difficult to believe.
of course it had nothing to do with Biden, what kind of a fucking moron relies on the POTUS for such things?
You mean what kind of idiot relies on the President to maintain a good economy? Newsflash, there are many things a president can do to help/harm the economy of a country.
Dude really?Indeed there are, and a smart person does all they can to insulate themselves from the whims of whatever party is in power.
really? During those 4 years I have been maxxing out contribution amounts. You do not think that adds up over time?
Indeed there are, and a smart person does all they can to insulate themselves from the whims of whatever party is in power.
So you must not have had much in there to start with and you are counting your contributions in your increase.
I’m glad your wife’s raise allowed you to contribute more,
but that is certainly not a reflection of how well markets have done over the last few years on average.
It sounds like you were fortunate in that your increase in contributions happened to align with the uptick in the market the latter part of this year.
So you saw it all coming with Biden, sold off and got into high yield cds, money markets and treasuries. You then correctly forecasted the uptick in mid-2023 and bought back in. We can’t all be so fortunate to time the market.
Even if what you say is true, 2 promotions and another raise in 4 years, you know that is 100% anecdotal and not indicative of anything whatsoever to do with the overall economic situation in America.
I have no idea why you keep bring this up as some kind of indication that the economy doesn't suck.
You have made that claim in every thread you come across that is negative about the economy.I did no bring it up as such, I made a claim and it was questioned so I responded to it.
You have made that claim in every thread you come across that is negative about the economy.
It is a meaningless post to make in a thread about the overall economy.
Braggart at best, if true, and downright thoughtless at worst.
Believe it or not, not everything is about you.
Incessant - (of something regarded as unpleasant) continuing without pause or interruption.here is an idea for you...if you do not like how I post, put me on ignore.
But your incessant whining about me is a tad tiring.
Incessant - (of something regarded as unpleasant) continuing without pause or interruption.
I made one post about it.
Hardly repetitive. What is repetitive is you continuing to post about it on economic threads.
Since the start of 2020 the S&P is 42.23%. I am not expert but that does not seem all that terrible.
No doubt following the S&P seems to be the way to go. Annualized, it is up 10.6% over the last 4 years. Assuming you had everything in an S&P index fund and accounting for gains and losses each year, your anualized return over those 4 years would be about 9.4%(quick math) per year, give or take.
I can buy your 280% gain over the last 4 years if you are heavily invested in S&P index funds with little hedge. One big down turn like in 2008 and it will take years to recover.
The coming commercial real estate crises is unavoidable with $trillions in maturing loans coming due in 2024 with industry analyst expecting near or over 70% expected defaults.