Posted:
#126
@Raiders22
Fair enough
18% Inflation - The Real Rate
Posted:
#128
Folks, "" dollar cost averaging"" is still your best tool to use to ride the ups and downs of the market. As long as you're 5+ years from retirement, you'll hope the market comes down in the near future, so you can buy more shares at cheaper prices.
If you have a 401k, then you are automatically implementing a "" dollar cost averaging"" strategy. So, stick with it. 
Posted:
#129
Not my idea, but interesting discussion on proposed "fix".....
End the Federal Reserve:
1. Abolish the Fed. Unneeded, FFR floats 2% above inflation measured by three independent organizations.
2. Abolish government lending of any sort beyond infrastructure.
3. No bail outs and prison for executives.
4. Abolish all tax loopholes outside of actual production.
5. 15% flat tax, 1% state and local max
6. Cut non defense government employment by 70%
7. End all government pensions today
8. Abolish all offshoring and immigration unless doing so benefits all Americans
9. End SS, give everyone their money back with interest. If you take more than you paid, you get zero.
10. End welfare and Medicaid.
11. Make unemployment insurance far more robust with perks for people to start businesses
Time is a flat circle....
Posted:
#130
Great interview with Former FED Exec Dr. Thomas Hoenig here:
https://www.youtube.com/watch?v=MZCVCTWRAl4
He was also a featured source in the highly recommended book, "Lords of Easy Money". If you haven't read it and want to make yourself a better educated person please do.
Time is a flat circle....
Posted:
#133
@sundance
With the Bidenomics, things will only get worse over time. Inflation will soon show its real rate, gas and fuel will be going up and gas 4.00 a gallon plus. Food costs are crazy and cannot imagine any senior citizens voting for this. Were you better off 4 years ago? Easy answer,,, YES!
We have a real mess from the past 3 years and hope change can come Nov. 5th to save our once great Nation.
Go Trump and Go America!
Posted:
#137
Biden's failure to resolve the Russia/Ukraine conflict is a major reason fuel is high and transportation of goods high adding to inflation. In fact I would go as far as to say Biden and Zelensky gave Putin little choice, actually egging him on.
Until now, never in my lifetime have I seen stickers on gas pumps with a picture of a president saying; "I did that." 
Posted:
#139
Last week the Fed released a new study that the wealth of the top 1% in America has hit a new all time high of $45 trillion.
Up 15%, or $15 trillion, from 2020.
A lot of that $6 trillion printed in pandemic bucks poured into the financial markets and cheap loans to the rich still working its magic.... the rest, not so much.
Cheers to the 1% while the poor and middle class continue to suffer the struggle each day....
Time is a flat circle....
Posted:
#140
We have bad leadership all the way around .
our “ leaders “ put their biased beliefs and personal goals ahead of doing what’s right for all .
sadly this will not change . The human animal is inherently flawed .
wallstreetcappers craps in his draws and pees fuckin backwards from his vaj with a squirt.
Posted:
#143
@kcblitzkrieg
Precisely..covid hammered the value of a dollar....which fucks the average Joe
All that money printed to save the markets basically was a free hand out to the 1%
Hence why market prices make absolutely no sense, in relation to what covid did to economy
See if this war threat crashes the market down a bit...you know ppl looking for reason to panic
Almost no support built
Extreme bubble. Can't go on for too long
Unless the ultra rich hold strong and prop the market...but I'm guessing they sell...panic regular joes to sell and then the ultra rich buy back at a discount again
Posted:
#144
Quote Originally Posted by dubz4dummyz:
@Raiders22 History tells us the market will drop back...bull run will come to an end as all cyclical events do...we are currently in a bull cycle... There are 0 support levels above 5000 besides the standard flats (5100, 5200)...we just reached it and have gone straight up... The market has back tested 3800-4000 once And has back tested 4100 most recently in October 2023. And have have skyrocketed up to today's highs from there
@Raiders22 History tells us the market will drop back...bull run will come to an end as all cyclical events do...we are currently in a bull cycle... There are 0 support levels above 5000 besides the standard flats (5100, 5200)...we just reached it and have gone straight up... The market has back tested 3800-4000 once And has back tested 4100 most recently in October 2023. And have have skyrocketed up to today's highs from there
Posted:
#145
Quote Originally Posted by kcblitzkrieg:
@UNIMAN those people don't own assets.... what is the maths on the value of cash depreciation since 2020 ?? that is your answer (negative)
@UNIMAN those people don't own assets.... what is the maths on the value of cash depreciation since 2020 ?? that is your answer (negative)
Many retirees are struggling with the massive inflation all the money printing did to this Country and World. Having to decide buying meds, paying rent or eating is a terrible way to live and manage for some.
Hoping it gets better after Nov. 5th and we have a leader that focuses on America first and can help the world with all the wars, open borders and out of control energy costs.
Posted:
#146
Quote Originally Posted by Rush51:
Folks, "" dollar cost averaging"" is still your best tool to use to ride the ups and downs of the market. As long as you're 5+ years from retirement, you'll hope the market comes down in the near future, so you can buy more shares at cheaper prices. If you have a 401k, then you are automatically implementing a "" dollar cost averaging"" strategy. So, stick with it.
Folks, "" dollar cost averaging"" is still your best tool to use to ride the ups and downs of the market. As long as you're 5+ years from retirement, you'll hope the market comes down in the near future, so you can buy more shares at cheaper prices. If you have a 401k, then you are automatically implementing a "" dollar cost averaging"" strategy. So, stick with it.
That is great advice as long as you have the time. The hardest part is staying up with the Bidinflation and massive printing of money.
Posted:
#147
@witswits
Yes the disconnect between the market and the real world is at an all-time high due to the FED investment in market and over-printing of US currency
It will be interesting to see if things ever level out or if the rich will keep the market propped up at these "out of whack" levels
Posted:
#148
Quote Originally Posted by dubz4dummyz:
@witswits Yes the disconnect between the market and the real world is at an all-time high due to the FED investment in market and over-printing of US currency It will be interesting to see if things ever level out or if the rich will keep the market propped up at these "out of whack" levels
@witswits Yes the disconnect between the market and the real world is at an all-time high due to the FED investment in market and over-printing of US currency It will be interesting to see if things ever level out or if the rich will keep the market propped up at these "out of whack" levels
Wonder who Trump will put in at the Fed in place of Powell? I hope he put Ted Cruz or Ron Dion DeSantis as AG to really clean up the mess and help rid the swamp of all corruption on both sides.
Posted:
#149
@witswits
Quote Originally Posted by witswits:
Quote Originally Posted by dubz4dummyz: @witswits Yes the disconnect between the market and the real world is at an all-time high due to the FED investment in market and over-printing of US currency It will be interesting to see if things ever level out or if the rich will keep the market propped up at these "out of whack" levels Wonder who Trump will put in at the Fed in place of Powell? I hope he put Ted Cruz or Ron Dion DeSantis as AG to really clean up the mess and help rid the swamp of all corruption on both sides.
Quote Originally Posted by dubz4dummyz: @witswits Yes the disconnect between the market and the real world is at an all-time high due to the FED investment in market and over-printing of US currency It will be interesting to see if things ever level out or if the rich will keep the market propped up at these "out of whack" levels Wonder who Trump will put in at the Fed in place of Powell? I hope he put Ted Cruz or Ron Dion DeSantis as AG to really clean up the mess and help rid the swamp of all corruption on both sides.
I do not think there is much he can do about it without going through a rigamarole with the SC to settle the issue. He would have to be clear that it was poor management or inefficiency and not just political differences. So, until 2026 that is who he, or Biden, is stuck with. Unless, for some reason Powell decides to step aside.
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