Ready-4-ER-at-14
Full time employment: Posting here.
I was reading the thread about returns of fellow forum members which seemed to run from one negative 10%? to up around a positive 20%? in three months.
Good job overall for most.
I was also looking at some of the huge net worth of famous individuals such as super stars in sports and acting... think 400 mil and up.
It dawned on me that we did have a huge amount of liquidity added via the fed and such and I went hmmm....
It seems that collectively we were in a race and to the extent that we had investments that profited by cheap money we all got moved along this game board of life we are playing. Certainly our posters profited based on stock/bond ratio leaning heavily to stock side. Some moved a few spaces others moved a bunch.. some none.
So with all this build up now to the final question I asked myself.
Say we had an enormous warehouse with all the girl scout cookies in the world in it.. (or gold or silver or brka). We owned a certain % of the net worth of this country. So what happened with a bunch of money added?
Yes our assets went up.. but did we run ahead as much as we should have to stay even? Reminds me of Alice in the looking glass with the red queen:
"Now, here, you see, it takes all the running you can do, to keep in the same place."
I really don't know the answer.. should we brag or did we not run fast enough?
I know it sounds deep, but is mentioned casually just for discussion and a different look at things..
Good job overall for most.
I was also looking at some of the huge net worth of famous individuals such as super stars in sports and acting... think 400 mil and up.
It dawned on me that we did have a huge amount of liquidity added via the fed and such and I went hmmm....
It seems that collectively we were in a race and to the extent that we had investments that profited by cheap money we all got moved along this game board of life we are playing. Certainly our posters profited based on stock/bond ratio leaning heavily to stock side. Some moved a few spaces others moved a bunch.. some none.
So with all this build up now to the final question I asked myself.
Say we had an enormous warehouse with all the girl scout cookies in the world in it.. (or gold or silver or brka). We owned a certain % of the net worth of this country. So what happened with a bunch of money added?
Yes our assets went up.. but did we run ahead as much as we should have to stay even? Reminds me of Alice in the looking glass with the red queen:
"Now, here, you see, it takes all the running you can do, to keep in the same place."
I really don't know the answer.. should we brag or did we not run fast enough?
I know it sounds deep, but is mentioned casually just for discussion and a different look at things..