Rodney Says

[Son of A Tiger 561]

[AUDub 11,151]

Lord another low effort shitpost with content flea’d from Facebook. 

[Mims44 1,871]

2 hours ago, Son of A Tiger said:

2 hours ago, AUDub said:

Lord another low effort shitpost with content flea’d from Facebook. 

Quiet Dub, we all know Biden spoke the words "Let my people.... experience crazy inflation!"

And the economy god made it so.

[TexasTiger 12,922]

12 hours ago, Son of A Tiger said:

You’re probably safer to just default to the Smack forum since the parameters of the Political Forum are consistently challenging for you.

[auburnatl1 4,940]

13 hours ago, Son of A Tiger said:

There’s more people than that.

 

[Son of A Tiger 561]

^^^^^ True for people like me who have been fortunate enough to invest in the market. But what about all the middle class and poorer folks who don't have the resources to play the market. The stock markets going up is the classic thing Democrats complain about.........the rich getting richer. Now post what the prices of things like gas, food, and other essentials are now compared to four years ago.

[Leftfield 2,604]

18 minutes ago, Son of A Tiger said:

^^^^^ True for people like me who have been fortunate enough to invest in the market. But what about all the middle class and poorer folks who don't have the resources to play the market. The stock markets going up is the classic thing Democrats complain about.........the rich getting richer. Now post what the prices of things like gas, food, and other essentials are now compared to four years ago.

You might have a better argument going if auburnatl1 was a Democrat.

[Son of A Tiger 561]

9 minutes ago, Leftfield said:

You might have a better argument going if auburnatl1 was a Democrat.

I know he is not a Democrat but that doesn't change my comment. Maybe it hits home to you.

[arein0 959]

32 minutes ago, Son of A Tiger said:

^^^^^ True for people like me who have been fortunate enough to invest in the market. 

So you're admitting to be an illegal alien? 

[Leftfield 2,604]

9 minutes ago, Son of A Tiger said:

I know he is not a Democrat but that doesn't change my comment. Maybe it hits home to you.

Eh....somewhat. I consider myself I dependent, though right now I clearly lean left.

Everyone is well aware that prices are up right now. They're up everywhere. There are a few things going on in the world that are pushing that, if you haven't noticed, and we're actually doing much better than pretty much any other countries out there.

I would also point out that this dovetails nicely with the article Texas posted in another thread, concerning retail spending staying high, as well as the fact that most Americans are increasing their debt loads instead of cutting back on purchases.

But by all means continue to blame Biden and ignore all the factors that go into the price increases.

[creed 1,639]

1 hour ago, auburnatl1 said:

There’s more people than that.

 

And yet I’m still negative since 2022 on a professionally managed diverse portfolio. Just goes to show how bad 2022 was from an investment standpoint. 

Edited April 15 by creed

[TexasTiger 12,922]

4 minutes ago, creed said:

And yet I’m still negative since 2022 on a professionally managed diverse portfolio. Just goes to show how bad 2022 was from an investment standpoint. 

Or how ineffective your strategy is.

[auburnatl1 4,940]

52 minutes ago, Son of A Tiger said:

^^^^^ True for people like me who have been fortunate enough to invest in the market. But what about all the middle class and poorer folks who don't have the resources to play the market. The stock markets going up is the classic thing Democrats complain about.........the rich getting richer. Now post what the prices of things like gas, food, and other essentials are now compared to four years ago.

I think this is a good point. Wages increased 4.3% and inflation 3.5% over the past 12 months. But who got the increases? Tech guys or doctors getting increases doesn’t help auto or construction workers.  This was my point in another thread - democrats used to serve the interests of the working class while republicans served the interests of growing the economy and business. It was a natural healthy tension that worked .

i won’t do a forensic on what went sideways but somehow Republicans reassembled into the working class with some white supremacy thrown in and Democrats became mainly the college educated and minority groups - enamored with  social justice and climate causes.  So who today actually focuses on the deficit (which consumes social programs with interest payments), the economy, and class disparity? Besides screaming about penises - who’s actually fixing stuff?

Texas makes a fair point that Bernie is only guy who actually still talks about the class/wage gap. I strongly disagree with his socialist- light solutions but do credit his efforts on trying.

[CoffeeTiger 5,111]

1 hour ago, creed said:

And yet I’m still negative since 2022 on a professionally managed diverse portfolio. Just goes to show how bad 2022 was from an investment standpoint. 

2022 was a down year, but recovered pretty well since then. The S&P500 is up 9.5% from Jan  2022 to today. 

Edited April 15 by CoffeeTiger

[arein0 959]

2 hours ago, TexasTiger said:

Or how ineffective your strategy is.

Or how much you pay to have it professionally managed.

[CoffeeTiger 5,111]

[creed 1,639]

3 hours ago, TexasTiger said:

Or how ineffective your strategy is.

Not mine. Well just a little. I requested middle of the road strategy like I suppose most people would choose and expected Merrill Lynch to execute. Middle of the road portfolios are not unique and I bet most professional financial advisors have the same companies in their various investment choices. I’m getting close to breaking even, but it’s taken close to 24 months. 

[arein0 959]

15 minutes ago, creed said:

Not mine. Well just a little. I requested middle of the road strategy like I suppose most people would choose and expected Merrill Lynch to execute. Middle of the road portfolios are not unique and I bet most professional financial advisors have the same companies in their various investment choices. I’m getting close to breaking even, but it’s taken close to 24 months. 

The difference between "safe", middle of the road, and risky isn't what companies you're invested in, it's the bond to market ratio. Most will be 2 or 3 fund portfolio and really the difference you need to watch out for is the expense ratio on the funds used, as well as the fees for a financial advisor if you use one.

[Son of A Tiger 561]

I wish I could share with everyone what I've learned over many years using firms like Merrill Lynch and their brokers/advisors. Never again. I do very well own my own.

[auburnatl1 4,940]

1 minute ago, arein0 said:

The difference between "safe", middle of the road, and risky isn't what companies you're invested in, it's the bond to market ratio. Most will be 2 or 3 fund portfolio and really the difference you need to watch out for is the expense ratio on the funds used, as well as the fees for a financial advisor if you use one.

Fyi If your looking for a financial planner just go to any little league game. I swear to god every coach my sons had for 6 years was a financial planner trying to network to pick up business.

[creed 1,639]

31 minutes ago, Son of A Tiger said:

I wish I could share with everyone what I've learned over many years using firms like Merrill Lynch and their brokers/advisors. Never again. I do very well own my own.

Own your own. What investment tools are using you for research, analysis and selection? Seriously I’d like to know. 

[arein0 959]

6 minutes ago, creed said:

Own your own. What investment tools are using you for research, analysis and selection? Seriously I’d like to know. 

Here is the easy way where you don't have to do any research:

https://www.bogleheads.org/wiki/Two-fund_portfolio

[Son of A Tiger 561]

15 minutes ago, creed said:

Own your own. What investment tools are using you for research, analysis and selection? Seriously I’d like to know. 

Not one thing in particular. Just do a lot of research and follow a few stocks for awhile. I like tech and semiconductor stocks in particular. Over time I have done well in Apple (AAPL) and made a killing in NVDIA (NVDA). One tool I like is the Japanese Candlestick but you have to get experience with it and like any other tool it's not perfect. I also like to do covered calls but that takes experience and time to stay on top of them. Definitely not for beginners.

 

Edited April 15 by Son of A Tiger