Dow headed for the worst April since the Great Depression

[Lisa558]

You don’t! Just keep saving and investing.

All it takes is discipline.

Who says you can’t do both?

I put away 10% - 15% of my income my entire life, and always took advantage of any company match. I also had an emergency fund AND about 5% - 10% in cash for opportunities.

 

[DBA]

Do you sit down and figure out your long term CAGR from this little side investment?

You don’t have a clue what you are talking about. Do you ChatGPT your talking points?

 

[DBA]

Who says you can’t do both?

I put away 10% - 15% of my income my entire life, and always took advantage of any company match. I also had an emergency fund AND about 5% - 10% in cash for opportunities.

Democrats can’t walk and chew gum at the same time.

 

[Marener]

I gave you a stock pick in Tesla. Let’s see how it goes. Just like you are doom and gloom over Trump’s tariffs, I have stated that we will be in a better position in the near future because of the moves Trump made. Let’s see how that goes. Hey, I have been wrong before, but it will be fun to see who is right in this case.

TSLA still had an PE ratio of 116. I don't buy hype.

 

[Marener]

You don’t have a clue what you are talking about. Do you ChatGPT your talking points?

You don't think CAGR is the best way to benchmark your success?

You claim to be doing so great but you really don't know, do you? You're just going off of feels.

 

[Marener]

I did from my stock pick in fall 2008. It was up more than 800% in 18 months.

What stock was that?

 

[Lisa558]

What stock was that?

I’m not disclosing that.

 

[Marener]

Who says you can’t do both?

I put away 10% - 15% of my income my entire life, and always took advantage of any company match. I also had an emergency fund AND about 5% - 10% in cash for opportunities.

5-10% of your income for opportunities or 5-10% of your portfolio?

It's not hard to retire early if you save 25% of your income and have a company match on top.

 

[Marener]

I’m not disclosing that.

Why?

 

[Marener]

Democrats can’t walk and chew gum at the same time.

Republicans can't use data to drive their decisions.

 

[Care4all]

I retired early because of wise investments.

How old were you when you retired?

I retired around 40 yrs old. The reason was because of a real estate investment in a home that sold more than twice as much as we paid for it, less than 10 years later in a huge housing boom....with that gain, we bought a smaller house with cash shortly after when the boom burst, in another state, and no longer had a mortgage we'd have to pay....so I could afford to retire young. We made decisions about living a simpler life than the rat race we were in...(not without some sacrifice) and thank goodness, it all worked out!

 

[Marener]

Every time Trump backs off the dumb shit he's saying or doing, the market goes up.

Im sure that's a coincidence.

 

[dudmuck]

Democrats can’t walk and chew gum at the same time.

a majority of GDP is from democrat majority counties. This means Trump counties are contributing less, which means more of those who can walk-and-chew-gum are in Harris voting counties.

 

[DBA]

You don't think CAGR is the best way to benchmark your success?

You claim to be doing so great but you really don't know, do you? You're just going off of feels.

I know what it is but I don’t take advice from the Ron Popeil schools of investing. You do you and Lisa558 and will be content with an early retirement.

 

[DBA]

a majority of GDP is from democrat majority counties. This means Trump counties are contributing less, which means more of those who can walk-and-chew-gum are in Harris voting counties.

Right, because of large urban areas with a lot of very high earners but even more very low earners which are typically Democrat. My state doesn't have a lot of large urban areas. With only one exception I can think of, Republican counties are far more affluent than Democratic counties.

 

[Marener]

I know what it is but I don’t take advice from the Ron Popeil schools of investing. You do you and Lisa558 and will be content with an early retirement.

I don't know any advice from Ron Popeil.

I do take advice from Jack Bogle and Warren Buffett.

Of course you don't know your CAGR. It most likely would not be very easy to calculate anyway so it's not like I'm attacking you for not knowing. You proclaim your success but it's not data driven. You don't really know how you're doing. You're gambling.

 

[DBA]

I don't know any advice from Ron Popeil.

I do take advice from Jack Bogle and Warren Buffett.

Of course you don't know your CAGR. It most likely would not be very easy to calculate anyway so it's not like I'm attacking you for not knowing. You proclaim your success but it's not data driven. You don't really know how you're doing. You're gambling.

I know what it is. I typically just look at my annualized rate of growth. When I sell a profitable stock in a year and a half it doesn't much matter.

 

[Marener]

I know what it is. I typically just look at my annualized rate of growth. When I sell a profitable stock in a year and a half it doesn't much matter.

The point is to find out how your strategy is performing compared to the market. Not to see if you made a profit on a single stock sale.

 

[DBA]

The point is to find out how your strategy is performing compared to the market. Not to see if you made a profit on a single stock sale.

I don't need a formula for that. If you do, that explains quite a bit.

 

[Marener]

I don't need a formula for that. If you do, that explains quite a bit.

Of course you do.

It’s significantly more complicated when money is being trickled into the account over time. Plus taxes and all kinds of other ins and outs. I wouldn’t expect normal people, myself included, to be able to do it. I think trading platforms can spit it out but I don’t know.