It does if you want a slumping economy to flourish.It does if you want the stock market to go up.
It does if you want a slumping economy to flourish.
I'm just saying that would be the reason to cut rates to zero. It wouldn't be for the stock market.I know there's a lot of people out there who think the stock market = the economy, but I wouldn't call the US slumping.... at least compared to say Europe.
Now we might get to that point. It might take a real slumping economy to say get people to stop resisting RTO.
I'm just saying that would be the reason to cut rates to zero. It wouldn't be for the stock market.
See what I think is going to happen is that the Fed will cut to zero once they achieve their objectives. If they have to crash the economy to do so, then they will. But that is optional.
He rage quit the forums a little while back. People were picking on him, probably too excessively, when TSLA plunged in value.I didn't follow too much of the 2022 thread, but out of curiosity, is Ponyo still a Tesla millionaire, or did he lose his shirt?
He rage quit the forums a little while back.
I've been in them for a while. 13,17 and 26 look nice. Trying to stay short term till they get closer to peak then go longer term. Funding them through online savings so still getting 4% while they aren't in treasuries.
I doubt the gov would actually default on debt?? It would screw them up from being able to deficit spend out the wazoo later right?
That was FAR from the only reason folks were picking on him.
That guy seemed to specialize in "leading with his chin" lol.... however despite our differences I still hope he and Mrs Ponyo are doing okay... also I miss his food-related posts.
Pretty sure the new crazies would be perfectly happy to default on debt. To “force spending cuts” because for some reason a global financial crisis that makes everyone worse off is the better answer.
Something posters may know of this already but if you made a lot in capital gains from stock sales in a year then your social security benefits will do down a lot. For the older folks on the forum.
I used to think like many still think that selling stocks for a profit doesn't make your social security go down. But it does and so does selling a house or just about anything else if the profit is big enough to trigger deductions from social security. So it's not just working at a job for a wage while receiving social security that causes your benefits to go down. They simply raise your Medicare deduction which takes effect at the start of a new year.
Man it can cost you up to near $500 per month for Medicare deducted from your social security check. Like if you sold some big tech stocks in 2021 when they were near their all time highs. Not that I'm in that high of an income bracket.
The IRS reports tax returns to social security/medicare. And you can read the deduction chart right on the official Social Security government site here:
Benefits Planner: Retirement | Medicare Premiums | SSA
Learn the affect a higher income can have on your monthly Medicare premium.www.ssa.gov
Not sure why you would be worried about something that has happened for decades now. It's the usually political point scoring by each side until the very last minute.The debt limit fight is giving me the heebeejeebees. Ive decided to go back into cash for now. The irony is that most MM funds (the only choice I have in my 401k) holds 3 mo Tbills.
Not sure why you would be worried about something that has happened for decades now. It's the usually political point scoring by each side until the very last minute.
I don't let my mind feed into the political narrative of the week when it comes to investing for the long term.
You're last statement is exactly why you should not worry about a possible decline. Even if you can brilliantly time the exit, what are the chances that you'll get back in at just the right time? You have to predict the future correctly twice to win. Once when getting out at just the right time and once when getting in at just the right time. The vast majority of people fail at one or both. It is really hard to change your mindset on a dime and go from sell, sell, sell to buy, buy, buy.Honestly I don't like doing this because its hard to get back in at the right time but at least small amounts are going in.