Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Imagine where the economy and the S&P 500 would be with $60 oil and a 4.25% 30yr as it was before this time last year (ie the Biden economy the right like to disparage)
Yes, I was, in fact, better off financially under Biden.
How so?
DP
We knew that the economy was in the hands of an adult cleaning up the COVID and supply chain mess left by Trump.
Employment was growing, the economy was growing and things had stabilized.
Totally the opposite of where we are now.
The economy had nowhere to go but up. Thankfully Trump fast tracked vaccines.
What was your 401k value four years ago?
What was your salary.
What was the value of your home?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Imagine where the economy and the S&P 500 would be with $60 oil and a 4.25% 30yr as it was before this time last year (ie the Biden economy the right like to disparage)
Yes, I was, in fact, better off financially under Biden.
How so?
DP
We knew that the economy was in the hands of an adult cleaning up the COVID and supply chain mess left by Trump.
Employment was growing, the economy was growing and things had stabilized.
Totally the opposite of where we are now.
The economy had nowhere to go but up. Thankfully Trump fast tracked vaccines.
What was your 401k value four years ago?
What was your salary.
What was the value of your home?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Imagine where the economy and the S&P 500 would be with $60 oil and a 4.25% 30yr as it was before this time last year (ie the Biden economy the right like to disparage)
Yes, I was, in fact, better off financially under Biden.
How so?
DP
We knew that the economy was in the hands of an adult cleaning up the COVID and supply chain mess left by Trump.
Employment was growing, the economy was growing and things had stabilized.
Totally the opposite of where we are now.
The economy had nowhere to go but up. Thankfully Trump fast tracked vaccines.
What was your 401k value four years ago?
What was your salary.
What was the value of your home?
You're posting to a small segment of the population, who have jobs that afford them the ability to visit this website during working hours. That small population isn't enough to carry the weight of your nonchalance about Trump's deteriorating economy and outrageous energy prices.
How about the SAHMs? They haven’t had to re-enter the workforce yet.
Your deflection would indicate a higher 401k balance, salary and home value than 4 years ago. That’s a good thing. Those are positives.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Imagine where the economy and the S&P 500 would be with $60 oil and a 4.25% 30yr as it was before this time last year (ie the Biden economy the right like to disparage)
Yes, I was, in fact, better off financially under Biden.
How so?
DP
We knew that the economy was in the hands of an adult cleaning up the COVID and supply chain mess left by Trump.
Employment was growing, the economy was growing and things had stabilized.
Totally the opposite of where we are now.
The economy had nowhere to go but up. Thankfully Trump fast tracked vaccines.
What was your 401k value four years ago?
What was your salary.
What was the value of your home?
You're posting to a small segment of the population, who have jobs that afford them the ability to visit this website during working hours. That small population isn't enough to carry the weight of your nonchalance about Trump's deteriorating economy and outrageous energy prices.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:To ask someone if they are better off than 4 years ago is a ridiculous question. People generally accrue money and earn more with time.
Your words indicate you are better off, and better positioned to weather the economic headwinds.
Anonymous wrote:I was better off and had a higher 401k (including all time highs every single year) under Biden than under Trump's first term.
What’s the delta between your 401k four years ago and today? I bet you’re better off.
Think of how much higher the DOW/401k's would be if the US was still growing at 3%+ GDP and didn't have the tariff uncertainty and Iran war. The opportunity costs Trump is costing your precious investor class is overwhelming.
My portfolio is over performing in this environment.
People here seem to forget 1/3/22 - 12/12/23 when the Dow stayed below 36,452 for 618 days.
That's great for people who have a lot of money in the stock market (us). It sucks for those who don't and people on social security, like my parents and sister.
I don’t have official data but I assume coastal democrats are making crazy money in the market while rural MAGA are getting more and more broke with higher costs, more reliance on gas and little (if any) investments.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Imagine where the economy and the S&P 500 would be with $60 oil and a 4.25% 30yr as it was before this time last year (ie the Biden economy the right like to disparage)
Yes, I was, in fact, better off financially under Biden.
How so?
DP
We knew that the economy was in the hands of an adult cleaning up the COVID and supply chain mess left by Trump.
Employment was growing, the economy was growing and things had stabilized.
Totally the opposite of where we are now.
The economy had nowhere to go but up. Thankfully Trump fast tracked vaccines.
What was your 401k value four years ago?
What was your salary.
What was the value of your home?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Imagine where the economy and the S&P 500 would be with $60 oil and a 4.25% 30yr as it was before this time last year (ie the Biden economy the right like to disparage)
Yes, I was, in fact, better off financially under Biden.
How so?
DP
We knew that the economy was in the hands of an adult cleaning up the COVID and supply chain mess left by Trump.
Employment was growing, the economy was growing and things had stabilized.
Totally the opposite of where we are now.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Imagine where the economy and the S&P 500 would be with $60 oil and a 4.25% 30yr as it was before this time last year (ie the Biden economy the right like to disparage)
Yes, I was, in fact, better off financially under Biden.
How so?
Gas wasn’t $4.99, groceries weren’t out of control.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:To ask someone if they are better off than 4 years ago is a ridiculous question. People generally accrue money and earn more with time.
Your words indicate you are better off, and better positioned to weather the economic headwinds.
Anonymous wrote:I was better off and had a higher 401k (including all time highs every single year) under Biden than under Trump's first term.
What’s the delta between your 401k four years ago and today? I bet you’re better off.
Think of how much higher the DOW/401k's would be if the US was still growing at 3%+ GDP and didn't have the tariff uncertainty and Iran war. The opportunity costs Trump is costing your precious investor class is overwhelming.
My portfolio is over performing in this environment.
People here seem to forget 1/3/22 - 12/12/23 when the Dow stayed below 36,452 for 618 days.
That's great for people who have a lot of money in the stock market (us). It sucks for those who don't and people on social security, like my parents and sister.
Are your sister and parents prohibited from owning stocks? Did they commit insider trading? Maybe you should tell them they can set up a Robin Hood or Schwab account and buy some VOO shares with little or no fees? Better yet, since you’re so well off why don’t you be a good sibling / son / daughter and open an account for them and put some seed money in?
The problem with this country is that people don’t take any personal responsibility. But almost more importantly, financial literacy and investing aren’t even taught in K-12 schools, which is outrageous.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:To ask someone if they are better off than 4 years ago is a ridiculous question. People generally accrue money and earn more with time.
Your words indicate you are better off, and better positioned to weather the economic headwinds.
Anonymous wrote:I was better off and had a higher 401k (including all time highs every single year) under Biden than under Trump's first term.
What’s the delta between your 401k four years ago and today? I bet you’re better off.
Think of how much higher the DOW/401k's would be if the US was still growing at 3%+ GDP and didn't have the tariff uncertainty and Iran war. The opportunity costs Trump is costing your precious investor class is overwhelming.
My portfolio is over performing in this environment.
People here seem to forget 1/3/22 - 12/12/23 when the Dow stayed below 36,452 for 618 days.
That's great for people who have a lot of money in the stock market (us). It sucks for those who don't and people on social security, like my parents and sister.
I don’t have official data but I assume coastal democrats are making crazy money in the market while rural MAGA are getting more and more broke with higher costs, more reliance on gas and little (if any) investments.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:To ask someone if they are better off than 4 years ago is a ridiculous question. People generally accrue money and earn more with time.
Your words indicate you are better off, and better positioned to weather the economic headwinds.
Anonymous wrote:I was better off and had a higher 401k (including all time highs every single year) under Biden than under Trump's first term.
What’s the delta between your 401k four years ago and today? I bet you’re better off.
Think of how much higher the DOW/401k's would be if the US was still growing at 3%+ GDP and didn't have the tariff uncertainty and Iran war. The opportunity costs Trump is costing your precious investor class is overwhelming.
My portfolio is over performing in this environment.
People here seem to forget 1/3/22 - 12/12/23 when the Dow stayed below 36,452 for 618 days.
That's great for people who have a lot of money in the stock market (us). It sucks for those who don't and people on social security, like my parents and sister.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Imagine where the economy and the S&P 500 would be with $60 oil and a 4.25% 30yr as it was before this time last year (ie the Biden economy the right like to disparage)
Yes, I was, in fact, better off financially under Biden.
How so?
DP
We knew that the economy was in the hands of an adult cleaning up the COVID and supply chain mess left by Trump.
Employment was growing, the economy was growing and things had stabilized.
Totally the opposite of where we are now.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Imagine where the economy and the S&P 500 would be with $60 oil and a 4.25% 30yr as it was before this time last year (ie the Biden economy the right like to disparage)
Yes, I was, in fact, better off financially under Biden.
How so?