F.I.R.E User
Thinks s/he gets paid by the post
S&P 500 is what matters right?
S&P 500 is what matters right?
F.I.R.E User; said:S&P 500 is what matters right?
I kinda think it’s my personal portfolio that matters.
The S&P is a decent proxy for the market, but it is only 500 stocks and no international. Still, that’s pretty much what I pay attention to after I look at how my brokerage account did.
If this last dip shakes you up.....what did you expect ? Forever returns of 20% with no downside potential? This is nothing.
Long term or go home. I am 80% invested in the SP 500 because long term it will beat the heck out of anything I would pick to buy ( I tried and failed). Bonds suck and cash is a good ballast.
Lets all get back to work and let things happen. This is nothing to worry about.
Long term is fine if you're in your 30's or 40's. A lot of people here are older than that. The S&P 500 has gone around 18 years before it recovered at one point in the past when factoring in dividend reinvestment and adjusted for inflation. It was like a decade in doing so in more recent history.
Well I think it would affect it at the rate debt rolls. Not $32T all at once.
And if you notice the long bond is not at a high rate, suggesting the market believes as I do that inflation will be tamed rather quickly.
But if Fed needs to raise rates a lot and quickly to tame inflation, it can.
And if we have learned anything over the past 2 years it is that lack of money to pay interest, while a problem for you and me, is not a major hurdle for government. Unfortunately.
It seems pretty likely that long bond rates are kept artificially low, but all of various central banks maneuver. The only people helped by higher T-bond rates are savers, and I think the 15-year war on savers that Fed has been waging has pretty much eliminated that group.
Buy some Bitcoin to distract with even more volatility
Buy some Bitcoin to distract with even more volatility
I just found my old Monopoly game, and it's got all the parts. Can I use that money to buy Bitcoin?
I would advise against it. Monopoly is a product that actually has some value (in this case, providing entertainment). Can't say the same for bitcoin. Buying bitcoin using Monopoly money would be a bad use of Monopoly money in my book.
Y’all keep on laughing and I’ll keep on buying limited-supply Bitcoin - and with U.S. dollars, too, which are produced out of thin air in an endless supply. We can check in ten years from now to see who was playing with Monopoly money.
No offense. I wouldn't buy bitcoin with toilet paper but that's just my opinion. To each his own. Good luck and hope it works out for you.
Y’all keep on laughing and I’ll keep on buying limited-supply Bitcoin - and with U.S. dollars, too, which are produced out of thin air in an endless supply. We can check in ten years from now to see who was playing with Monopoly money.
No offense. I wouldn't buy bitcoin with toilet paper but that's just my opinion. To each his own. Good luck and hope it works out for you.
I see no problem with gambling, its totally legal in many parts of the country.
Investing is totally different than gambling though.
If you're going to buy tulip bulbs, buy them for your enjoyment, not as an investment.
It’s the small, 3% high-risk component of my portfolio. The mods don’t like us talking about it though at present so, out of respect for the culture here, that’s all I’ll say.
The mods don’t like us talking about it though at present so, out of respect for the culture here, that’s all I’ll say.