I get that, but 50 years ago not only was I much younger, I was also much dumber. Just learning from past dumb practices, should make one smarter. But it's like a former alcoholic with 40 years sober under their belt going into a bar. Are you going to be able to drink just one beer?
Well, my financial decisions are not affected by any physical addiction. So, yeah, one CC rollover will be an easy step.
Like knowing when to apply the second amendment, before they even had one ?
Gnarly
The annual U.S. inflation rate fell to 3.5% in June 2026, down from 4.2% in May. You can track official data updates directly through the U.S. Bureau of Labor Statistics. [1, 2, 3]
Just coming here to ask that question, versus the OP of this thread.
Why?? If it does, it means I make more money.
If for any reason the Dow does not hold onto its gains...be careful.
Wouldn't that just be considered Normal Market Activity?
Actually it would.....5 years ago. Today...no.
It's just the algorithms doing what they do best.... knee jerk...
That’s what the system is currently designed for. When enough people stop contributing the market may destabilize to the point of a true crash. It’s just what would have been considered a crash amount over the last 5 to 10 years or more no longer qualifies as crash status simply because of the percentage of the market. 500 or more points used to be panicking. Now it’s barely one percent.We just gotta keep the faith and keep on contributing into our funds, markets, securities, 401k, IRAs, etc....every single payday.
there's always room under the mattressWe just gotta keep the faith and keep on contributing into our funds, markets, securities, 401k, IRAs, etc....every single payday.
It's been good for us too, and I had moved more conservative on a lot, in anticipation of the reverse on the Business Cycle, which still hasn't collapsed, and years over due. I was putting a lot of time in, pre-retirement, and trying to maximize returns, and running all types of planners, to see how things could pan out.
I hear you. I didn't want to have to constantly monitor the accounts, and constantly watch all the funds, so I moved to try and get as much as possible on cruise control, so we could instead, go out and play and spend in retirement.
It's been good for us too, and I had moved more conservative on a lot, in anticipation of the reverse on the Business Cycle, which still hasn't collapsed, and years over due. I was putting a lot of time in, pre-retirement, and trying to maximize returns, and running all types of planners, to see how things could pan out.
Over the last handful of years, I moved to areas that I know do OK during good times, and also during bad times. I'm not searching for yield or return anymore, just wanna protect the principle from being vaporized. Yet, much of it is still growing, so I'll take it.
I hear you. I didn't want to have to constantly monitor the accounts, and constantly watch all the funds, so I moved to try and get as much as possible on cruise control, so we could instead, go out and play and spend in retirement.
So far, when I do our quarterly balance sheet, we're staying ahead of the curve, even though most months we blow the budget... and miss it... LOL.. wifey gets on me each month when that happens (regularly) and threatens to block my Amazon and RV accounts... LOL..
Oh, and dogs... What I've spent on dogs and "dog repairs" the past few years, would have paid for the new truck.
Yet, lately, she's been on me to go buy a new truck..... man... wives....
Absolutely, the sky is the limit when it comes to spending on their medical care. But damn, the last two, Sniper and Samson, had the goal to drain off as much of the retirement funds as they could..
I trained Sniper in personal defense, and he was always ready to step up and do his part. Had a tougher time with Samson, instead of attacking and biting the bad guys, he decided it was more fun to attack us. That, unfortunately, got him a one way ticket out of here.
I can see how tough that was. Sniper's preference was a 9mm, I guess it fit his paw better... LOL...
One only gets those returns if they sell. +17% this year can easily be -25% next year. The powers that be in the US want the stock market to be the only game in town. Government loves it because it is more controllable. Power capitalist love it because it is more fixable and easier to manage. Neither of those two groups want any sort of gold or silver standard. That standard would be much harder to control, fix, and manage. Given all that, the stock market will always be propped up, bailed out, etc. before anything else. I don't know if we will always see double digit returns year after year, but it will likely always beat inflation. If the DSA keeps making inroads though, all bets are off.
As it is with any investment, you only reap the reward, when you sell. It's also not a short term game, as you can get spanked, depending on where you jump on the ride and where you jump off. Just ask the dudes that bought silver in December and January, if they want to jump out now? Or, some others who jumped on the meme stocks, like Gamestop or AMC a few years ago...
I doubt it too, specially since most is so overvalued. I expect a decent correction before I see these double digit returns continue. I think A.I. will pop the bubble soon.
There is also a report out that housing will make a comeback. If it does, it will be by market. I'm not sure it will be an over all trend. We'll have to see on that.
