Yep. It's called arithmetic. Tax Revenue - Spending = Deficit or Surplus.Don't forget that free money for the people and huge tax cuts from before both drive up the debt. But not too much outrage over the huge tax cuts.
Imagine that...
Yep. It's called arithmetic. Tax Revenue - Spending = Deficit or Surplus.Don't forget that free money for the people and huge tax cuts from before both drive up the debt. But not too much outrage over the huge tax cuts.
..........
- Long haul big rig 18 wheel truckers reporting the economy and manufacturing is slowing down. When truckers that crisscross the USA for 7-8 weeks (go home for 2 weeks) say loads are getting difficult to find...... that’s a BIG red flag. Truckers are no doubt the ’eyes’ of our economy, not some bozo on Mad Money TV show. American economy revolves around truckers and when they are parked at Flying J , Petro or Loves truck stop for 4 days with no loads to haul there’s trouble ahead.
- Truckers reported oil glut, mass layoffs and bankruptcies in oil & gas, fracking industry looong before crude oil price turned negative
- CSX, Union Pacific and Norfolk Southern parking many locomotives and freight trains across the USA in storage yards .....
Yeah, don't take medical advice from people who aren't doctors. Or economic advice from people who aren't economist. The Fed actually thinks inflation isn't a concern and has already said they won't jack up interest rates until they actually see a rise instead of just the shadow of inflation. So when people claim otherwise, you have to question their credentials and their data. I'm not saying they're wrong, I just haven't seen any data.Yep. It's called arithmetic. Tax Revenue - Spending = Deficit or Surplus.
Imagine that...
I’m seeing more freight trains … possibly because it’s cheaper when managed right. And they have all converted to hauling the ocean shipping containers … this would leave some trucks with a shorter haul to final destination perhapsJack Watts,
I felt the 10 year bull run was coming to an end in late 2019 and went to 90% cash. This is what got me worried:
- Yield Inversion
- Buffet having $140B in cash on the sidelines
- Out of control nightly bank Repos and the Fed coming to the rescue
- Record number of CEOs in 2019 quitting, cashing out and dumping their stock / cashing in their stock options
- Crazy amount of corporate stock buybacks to pump and dump the stock while exponentially increasing toxic debt
- Long haul big rig 18 wheel truckers reporting the economy and manufacturing is slowing down. When truckers that crisscross the USA for 7-8 weeks (go home for 2 weeks) say loads are getting difficult to find...... that’s a BIG red flag. Truckers are no doubt the ’eyes’ of our economy, not some bozo on Mad Money TV show. American economy revolves around truckers and when they are parked at Flying J , Petro or Loves truck stop for 4 days with no loads to haul there’s trouble ahead.
- Truckers reported oil glut, mass layoffs and bankruptcies in oil & gas, fracking industry looong before crude oil price turned negative
- CSX, Union Pacific and Norfolk Southern parking many locomotives and freight trains across the USA in storage yards
What do all these insiders know that that average small investor doesn’t know ?
Just like you.... I poured all my cash back into the market when the illness shut down the global economy. I missed the bottom by 2 weeks and simply rode the wave up till present day. I’m now taking profits here and there.
Folks can laugh at me for my analysis.... they won’t be laughing at the results of my crazy market gains.
View attachment 48894
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I cashed out. I did so a bit early, as I missed out on about 2k of profits, but I still turned $2800 into $9100, inside 1 year, which was very near to my goal. It was a fun ride!View attachment 49900
Good information, but how do you access it?
If I had a million dollars I'd pay everything off and just retire, lol!Very nice. Imagine if you had a million dollars cash to invest ?
Watching various truckers on YouTube and listening to what they report.
I think you cant never go wrong with a mutual fund balanced 60/40 .... you are not going to break any record but you are going to get decent return in basically all situation ... like everything in life for me , Im too poor to get what is perceived the best , or the cheapest , so , the happy medium in everything works well for mehow many of you are cleaning up and filling your ira and 401k's etc before end of year? i dont trust this market very much right now i have been recovering my losses slowly and slowly getting out of individual stock and selling off shares of mutual funds etc. i want to take a different approach next year hopefully all this election fiasco will be over and the economy can try to recover from this past year of doom. if that is the case i want to follow the s&p, nasdaq and russell 2000. will most likely pick up mutual funds that track the following nasdaq and russell 2000...i am already in a s&p 500 fund.
for now i am watching this market close out the 2020 calendar year and have most all my ira's parked in the money market cash reserves.. if anyone cares to share their investment strategy for 2021 and on i'd be interested in hearing so. happy holidays and god bless all.. if your faith is elsewhere, many blessings to those who believe differently.
I basically do about 50% in the S&P 500 and then I have a few other funds that kinda tracks the Nasdaq and they've been doing slightly better than the S&P 500 but once in a while a little bit worse. No bonds and fully invested, only cash on the sides is for regular expenses. I figured I'm up over 50% over the last two years so mind as well stay full invested. It was actually pretty easy to set up a margin account and it's easy to tap if you need short term cash.I think you cant never go wrong with a mutual fund balanced 60/40 .... you are not going to break any record but you are going to get decent return in basically all situation ... like everything in life for me , Im too poor to get what is perceived the best , or the cheapest , so , the happy medium in everything works well for me
If you read my post I did post a "source" showing our national debt at an all time high above our GDP.Cite your source. Look at Japan, huge debt but they don't have inflation, more like deflation. Also you might be worrying too much about taxes, I think Jeff Bezos is up 77 billion since the pandemic. As the saying goes, don't tax me, tax that guy hiding under the tree.
Don't forget that free money for the people and huge tax cuts from before both drive up the debt. But not too much outrage over the huge tax cuts.
Like I said, I am along for the ride for whatever happens, I dont fight the market.alarmguy,
I reread my previous post and it should of read:
I believe more stimulus is coming.
I seriously think UBI will be a regular thing, no matter what they call it.
$3-5T more this year. Stimulus is narcan to economy. Some will spend money on necessities, others will spend it on weed, Newport cigarettes, scratch off lotto tickets, alcohol, tattoos, cellphones, big screen TV, Xbox, hair extensions, jewelry, glitter N glam, etc...
CEO of Walmart recently met with some folks from Washington and explained why more $$$ needs to be printed.
I talk about this on my channel...
Pretty good return now when you are retired ( thats my case ) i really dont think its a good idea to be fully invested in stock , but hey we all have a different level of toleranceI basically do about 50% in the S&P 500 and then I have a few other funds that kinda tracks the Nasdaq and they've been doing slightly better than the S&P 500 but once in a while a little bit worse. No bonds and fully invested, only cash on the sides is for regular expenses. I figured I'm up over 50% over the last two years so mind as well stay full invested. It was actually pretty easy to set up a margin account and it's easy to tap if you need short term cash.
I’m seeing more freight trains … possibly because it’s cheaper when managed right. And they have all converted to hauling the ocean shipping containers … this would leave some trucks with a shorter haul to final destination perhaps
Well, you could, if you were serious about investing, and growing rich slowly.If I had a million dollars I'd pay everything off and just retire, lol!
Yes, they are going to build a new yard here …Just to let you and everyone else know - Intermodal Divisions (the train lines that carry the shipping containers) are separate from the typical freight divisions of the railroad companies. It's basically two different companies within the railroad.
Yes, intermodal is getting (well, has gotten) much larger. If you're seeing more freight trains, it's because more stuff is being shipped. And I can confirm this. The rail companies are scrambling right now to upgrade facilities in their yards to become more efficient, use less energy and handle more freight with fewer breakdowns.
Outstanding advice!Well, you could, if you were serious about investing, and growing rich slowly.
Nobody ever gets rich quick, and your “quick kill” making a little profit in the market was cool, and fun, but did nothing to advance you towards to goal of having a million.
Disciplined, long term investing will get you there, you just have to be patient.
You can, but only in a run down 3rd world like country. These days I think 5-10M is minimal if you want a sure fire way to hedge against inflation and other black swan event / risk / medical disaster.If I had a million dollars I'd pay everything off and just retire, lol!
You can, but only in a run down 3rd world like country. These days I think 5-10M is minimal if you want a sure fire way to hedge against inflation and other black swan event / risk / medical disaster.
Help me out, please. FIRE in this context means?Very few folks in the USA have the luck of FIRE. But it’s nice to dream about it.