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sam1wiseone
Senior Contributor

good advice

10 Replies
Packard27
Senior Contributor

Re: good advice

 

Tired of having to listen to the tedious lectures of the MSM, Silicon Valley & Washington D.C. Inflation deniers?

VOTE!

sdholloway56
Esteemed Advisor

Re: good advice

IRA is quite a lot fatter than it ever was under Trump.

Substantially more than any increased outlays for food and gas.

Anybody ever heard of Personal Responsibility?

 

Kurt#1
Senior Contributor

Re: good advice

1.  Nice to see somebody intelligent and well enough educated to use "advice" rather than "advise."

2. Regarding personal responsibility, when your IRA or 401k gets devalued because the government suddenly decides the companies you invested in are no longer needed it's your responsibility to vote that government out.  I tried to explain that to a friend for years, that government could wipe out a business and he always said he'd adapt.  It's becoming a greater possibility that his grandchildren will be sitting in the dark and cold without a job due to leftist policies discriminating against their race, their sex, and their dependence on reliable energy.

sdholloway56
Esteemed Advisor

Re: good advice

Stocks higher than they ever were under Trump although bonds aren't.

Bonds were the biggest breakaway layup in history- once it was clear that the economy had stopped crashing and had in fact brgun to recover then there was no way bonds were going to stay at the ridiculous level the Fed had driven them to.

So I dumped those. And then there was the problem that in '00 and '08 a bond allocation pus disciplined rebalancing saved you from a real beating. Couldn't be here with 0% interest rates. So stocks had to go too.

The people who know the very least about "personal responsibity" are financial "advisors" who hid behing the "buy and hold cuz you can't time the market" mantra.

sdholloway56
Esteemed Advisor

Re: good advice

And over at the GQP Politics But Don't Talk Politics Page, the boys are saying that after another year of record NFI hey are running out of tax dodges and may have to pay some.

An outrage!

gh2002gh
Senior Contributor

Re: good advice

Why don't you go explain to them why paying more taxes is better for them and that if they vote donkey, they'll get to pay a lot more.  

I think it's a winning strategy you should spread far and wide.  But hurry!

sdholloway56
Esteemed Advisor

Re: good advice

Yeah, I know.

SF needs to ***** can their Pork Powerhouses issue and replace it with Squealin' Pigs.

sam1wiseone
Senior Contributor

Re: good advice

Sp500 is pretty much were it was when pedojoe took over.   Real 2 year inflation is about 20%.   Holloway is just dumb.

sdholloway56
Esteemed Advisor

Re: good advice

SP jumped the Monday before the election when it became apparent Trp would lose