Posted on 12/01/2022 5:46:28 PM PST by bitt
GOP wants to cut Social Security, so that both parties want to impoverish the poor and middle class elderly.
Lawsuits need to be filed.
Agree.
You’d think the MANY mid sized businesses would be joining together, on this.
Exactly. It is a trojan horse that is now inside the gates. It is now used by the Left to destroy Western Civilization, which was the goal all along.
I’m good with a RICO case involving the US Federal Government.
SEC, etc.
I’m no lawyer though. I know we have some here...
> Stable value is great for people who are getting close to retirement. I am still up for the year compared to my coworkers who lost over 10%.
Ok. S&P 500 is down 15% this year but that’s after three years of +29, +16, and +27%. The only people burned are those that panic sell or are forced to for expenses in retirement or legally required minimum distributions.
That said, variety may be the spice of life but it’s the safety cushion of saving. Some value, some index fund, some real estate, some metals, no crypto unless you don’t care if you lose it or it goes wild, this sort of thing provides a silver lining to every dark cloud. Similarly not all eggs in one financial company or bank. These days it’s good to have contingency plans for your contingency plans.
https://finasko.com/sp-500-returns/
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bmp for later
FJB and ALL his flying monkeys.
I have a self directed IRA. Not for everyone though as I have the time to keep focus. My focus last two years has been in EandP companies. Recently I began buying treasuries. YtoDate I am up close to 25% net. Last year was a blow out great year. That is slowing as my proportion of treasuries gets larger as the coupon is 4-4.5%. I think when the crypto blowouts come further as this current scandal is just the tip of iceberg, the markets will roil more.
Anyway because it worked for me does not mean it would work for anyone else. Advice for nothing means you get what you pay for.
As it relates to this bunch of bums we have as elected (and bought) officials I say keep an eye on them. Long ago they gave up being guardians of the republic. They are for the most part charlatans at best and devils at near the worse.
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