I wanted to read the full 1,500+ page bill & speak with key leaders before forming an opinion. Having done that, here's my view: it's full of excessive spending, special interest giveaways & pork barrel politics. If Congress wants to get serious about government efficiency, they…
our russian-style oligarchy is being built in front of our eyes
businesses close to trump are being pushed up in value, assuming probably correctly that trump will reward his friends with contracts and money in exchange for their support and campaign contributions.
This ends very very very badly for all concerned. Our business execs will be mysteriously tossed out windows too, like their russian counterparts, after a few years of this.
But sure, Tesla with a PE of 130 will go higher as long as trump and musk are co-oligarchs.
Cool, cool, cool. We won the cold war only to turn ourselves into Russia.
This post was edited 2 minutes after it was posted.
Hilarious the Dow was around 26% a week ago and Flagpole around 19%. Flagpole says Dow done terribly and the Dow drops but his portfolio goes up. Flagpole seriously use the correct YTD total return for the Dow. You look like a country bumpkin using the wrong number. Total return includes dividends. Even the lovely Mrs. Flagpole knows this and she only one bringing home the bacon. Your thinking skills have atrophied.
Flagpole: Follow my plan and you too can beat the Dow 34 out of 32 years.
Hilarious the Dow was around 26% a week ago and Flagpole around 19%. Flagpole says Dow done terribly and the Dow drops but his portfolio goes up. Flagpole seriously use the correct YTD total return for the Dow. You look like a country bumpkin using the wrong number. Total return includes dividends. Even the lovely Mrs. Flagpole knows this and she only one bringing home the bacon. Your thinking skills have atrophied.
Flagpole: Follow my plan and you too can beat the Dow 34 out of 32 years.
When you are comparing the performance of your portfolio including dividends against another portfolio, i.e., the Dow Jones, and not including the dividends ... does that seem like a fair comparison?
My portfolio - about 15% and 18% including dividends.
Your portfolio - about 23% and we won't include dividends.
borderline on this one. it's about the budget, which is economics.
Yeah, and I'll discuss politics anytime I like, wherever I like.
NO one tells Flagpole what to do ... he will do whatever he likes. EXCEPT the lovely Mrs. Flagpole - she will tell him to take out the trash, clean his room, and ....
Hilarious the Dow was around 26% a week ago and Flagpole around 19%. Flagpole says Dow done terribly and the Dow drops but his portfolio goes up. Flagpole seriously use the correct YTD total return for the Dow. You look like a country bumpkin using the wrong number. Total return includes dividends. Even the lovely Mrs. Flagpole knows this and she only one bringing home the bacon. Your thinking skills have atrophied.
Flagpole: Follow my plan and you too can beat the Dow 34 out of 32 years.
Well, you'd have to start out several years where a company-match stock was a good portion of your portfolio and that stock (two different ones from two different companies) happened to do very well.
Then, you'd have to be fortunate as early on your mutual funds weren't very diversified, and the diversification (including percentages in certain sectors of the market) changed a decent amount for a while there.
Then, you'd have to put your thumb on the scale and contribute a lot (contributions not counted, but gains from them are) when the market was down.
Have those things happen and/or MAKE them happen, and you might have what happened to me, happen to you.
The only stat that REALLY matters though is how much you make over time. If an index does 11% annually over time, you do realize that if you make 10.99% that you lose on average every year and that if you make 11.01% you win on average every year, right? The difference is insignificant when talking about real money, but wins vs. losses, it is HUGE.
Flagpole: Follow my plan and you too can beat the Dow 34 out of 32 years.
When you are comparing the performance of your portfolio including dividends against another portfolio, i.e., the Dow Jones, and not including the dividends ... does that seem like a fair comparison?
My portfolio - about 15% and 18% including dividends.
Your portfolio - about 23% and we won't include dividends.
Does this seem fair?
No it doesn’t. It seems like something someone would do to in an attempt to impress others.
Yeah, and I'll discuss politics anytime I like, wherever I like.
NO one tells Flagpole what to do ... he will do whatever he likes. EXCEPT the lovely Mrs. Flagpole - she will tell him to take out the trash, clean his room, and ....
The Lovely Mrs. Flagpole may ask me to do certain things, but she doesn't tell me what to do. Sorry that you seem to have that kind of relationship with your wife. Don't assume others do too.
The law is the only entity that tells me what to do, and as I am a law-abiding citizen, I am fine with that.
When you are comparing the performance of your portfolio including dividends against another portfolio, i.e., the Dow Jones, and not including the dividends ... does that seem like a fair comparison?
My portfolio - about 15% and 18% including dividends.
Your portfolio - about 23% and we won't include dividends.
Does this seem fair?
No it doesn’t. It seems like something someone would do to in an attempt to impress others.
Ha! You do not know me well at all if you think I care to impress others. Even in this very topic of investing, I have long admitted that I invest passively, don't go after big scores with individual stocks as many of you do, and that I have for the most part randomly picked funds I buy with ONLY a look to be diversified. You could not be more hands off of an investor than I am and have been most of my investing life. Not something in the stock market world that someone would say if they wanted to impress. If I wanted to LIE to impress, I would say I bought such and such stock at X low price and sold it for X high price. Not something I do.
As it is, I buy diversified mutual funds. Not something said or done to impress. The ONLY thing I do better than all of you is that I have invested HEAVILY and unwaveringly since 1989. I've never heard any of you say you have also done that, and judging from the way some of you go in and out of the market, I'd say I don't think ANY of you have. The only one here who is even close to my way of investing is Sally, and I would say it is unlikely that he has invested as much money as I have as consistently as I have for as long as I have, and I say that only because I am a very rare one in that regard. Just statistically it would be unlikely for any of you here to have been so heavily consistent as I have been for as long as I have.
Flagpole: Follow my plan and you too can beat the Dow 34 out of 32 years.
Well, you'd have to start out several years where a company-match stock was a good portion of your portfolio and that stock (two different ones from two different companies) happened to do very well.
Then, you'd have to be fortunate as early on your mutual funds weren't very diversified, and the diversification (including percentages in certain sectors of the market) changed a decent amount for a while there.
Then, you'd have to put your thumb on the scale and contribute a lot (contributions not counted, but gains from them are) when the market was down.
Have those things happen and/or MAKE them happen, and you might have what happened to me, happen to you.
The only stat that REALLY matters though is how much you make over time. If an index does 11% annually over time, you do realize that if you make 10.99% that you lose on average every year and that if you make 11.01% you win on average every year, right? The difference is insignificant when talking about real money, but wins vs. losses, it is HUGE.
Meh. Seems like a lot of work.
I like my path better. Spend basically all your paycheck on travel and fun frivolous things until you’re about 30. Invest nothing. Get serious. Start a successful company and sell it for an insane amount to a more successful company at 43. Retire and start spending again.
No it doesn’t. It seems like something someone would do to in an attempt to impress others.
Ha! You do not know me well at all if you think I care to impress others. Even in this very topic of investing, I have long admitted that I invest passively, don't go after big scores with individual stocks as many of you do, and that I have for the most part randomly picked funds I buy with ONLY a look to be diversified. You could not be more hands off of an investor than I am and have been most of my investing life. Not something in the stock market world that someone would say if they wanted to impress. If I wanted to LIE to impress, I would say I bought such and such stock at X low price and sold it for X high price. Not something I do.
As it is, I buy diversified mutual funds. Not something said or done to impress. The ONLY thing I do better than all of you is that I have invested HEAVILY and unwaveringly since 1989. I've never heard any of you say you have also done that, and judging from the way some of you go in and out of the market, I'd say I don't think ANY of you have. The only one here who is even close to my way of investing is Sally, and I would say it is unlikely that he has invested as much money as I have as consistently as I have for as long as I have, and I say that only because I am a very rare one in that regard. Just statistically it would be unlikely for any of you here to have been so heavily consistent as I have been for as long as I have.
Was that long-a$$ post meant to impress me? Lol
A poster called you out for the deceptive way you tried to compare your returns to the Dow. You were trying to impress her. You got busted.
Ha! You do not know me well at all if you think I care to impress others. Even in this very topic of investing, I have long admitted that I invest passively, don't go after big scores with individual stocks as many of you do, and that I have for the most part randomly picked funds I buy with ONLY a look to be diversified. You could not be more hands off of an investor than I am and have been most of my investing life. Not something in the stock market world that someone would say if they wanted to impress. If I wanted to LIE to impress, I would say I bought such and such stock at X low price and sold it for X high price. Not something I do.
As it is, I buy diversified mutual funds. Not something said or done to impress. The ONLY thing I do better than all of you is that I have invested HEAVILY and unwaveringly since 1989. I've never heard any of you say you have also done that, and judging from the way some of you go in and out of the market, I'd say I don't think ANY of you have. The only one here who is even close to my way of investing is Sally, and I would say it is unlikely that he has invested as much money as I have as consistently as I have for as long as I have, and I say that only because I am a very rare one in that regard. Just statistically it would be unlikely for any of you here to have been so heavily consistent as I have been for as long as I have.
Was that long-a$ post meant to impress me? Lol
A poster called you out for the deceptive way you tried to compare your returns to the Dow. You were trying to impress her. You got busted.
1) I just tell facts. If you think that's impressive, then that's on you.
2) You are clearly new here. You need to be around a little longer before I plan to educate you more.
3) Sally is a guy, not a "her." At least I don't think Sally idedntifies as a "her." Sally was born male and as far as I know continues to identify as a male.
A poster called you out for the deceptive way you tried to compare your returns to the Dow. You were trying to impress her. You got busted.
1) I just tell facts. If you think that's impressive, then that's on you.
2) You are clearly new here. You need to be around a little longer before I plan to educate you more.
3) Sally is a guy, not a "her." At least I don't think Sally idedntifies as a "her." Sally was born male and as far as I know continues to identify as a male.
1) Deceptive “facts” as pointed out by a guy named Sally. Lol
2) I am new. I plan to stay a while until I get bored so get used to it. Apparently, the only thing you could educate me on is how to lie about your finances.
3) That’s GREAT! Sounds like you did a cup check on ole Sally.
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