This guy just doesn’t give up
I wonder what the time frame was on this, because that is well below the last 3 months average.
This guy just doesn’t give up
Is there a particular number that most folks target?$100k of principle is where we stopped with our daughter. We look to be good for college and also 8 years of K-12 private school withdrawals.....which are capped at $10k per year.
I think most people expect $100,000 invested over 18 to 22 years will get them close to $300,000For the 529 I'm going to keep steadily funding it for my 2 past $100K. I've been doing $10K per child per year. T2K did mention principal so he may have crushed it on returns so his balance is well above $100k. But I'm thinking $80,000 x 4 years = $320,000 needed by entry to college. Rather overfund it than not have it. And, to be clear, I don't relish the thought of paying that type of money to an expensive private school unless the chosen academic major makes sense. And RU offers great value which would allow the 529 to fund grad school.
too bad it wasn't sorosPutin survived an assassin attack
The market probably would have rallied nicely if it was successful.Putin survived an assassin attack
That was why I posted itThe market probably would have rallied nicely if it was successful.
That’s 15 months awaySanta Claus rally of 2023 can’t come soon enough.
They've gone woke, serves them right
Putin survived an assassin attack
Yes. Unfortunately. But if the fed funds rate stays elevated through much of 2023 like some believe it will…That’s 15 months away
Inflation is crashing. Two possible scenarios:Yes. Unfortunately. But if the fed funds rate stays elevated through much of 2023 like some believe it will…
Agree 100%. FedEx results say a lot about where we are headed.The FedEx report is indicative of a slowing economy. Hopefully, the FOMC will consider the other part of their dual mandate. That is make sure employment levels remain strong and they don’t take rates too high.
Stanley Druckenmiller talking about equities being flat for the next ten years…That’s 15 months away
Stanley Druckenmiller talking about equities being flat for the next ten years…
There are stagflation funds…saw one with exposure to oil, gold and TIPS bonds and US Real Estate. I’ll beat that fund with US treasury I bonds for the next couple years. Sobering prospects if you’re a young investor.That’s 15 months away
That would change a lot of people plans especially the 50-60’s planning to retire.Stanley Druckenmiller talking about equities being flat for the next ten years…
Stagflation. LOL! This is the greatest time to be a young investor. Amazing buying opportunities everywhere. Just need patience and perspective.There are stagflation funds…saw one with exposure to oil, gold and TIPS bonds and US Real Estate. I’ll beat that fund with US treasury I bonds for the next couple years. Sobering prospects if you’re a young investor.
I decided to take my $70 loss and sold 10 shares this morning and kept 5 shares. The readjustment in the market is finally here and will bring everything down a notch.Interesting thoughts on ADBE (via CNBC investing club team):
Adobe (ADBE) shares down again premarket after sinking 16% on Thursday on $20 billion deal to buy Figma, a cloud-based software designer. CNBC's tech team says Silicon Valley loves the move, but clearly Wall Street does not. Downgrades and price targets or both from the likes of Baird, Morgan Stanley, and Piper Sandler to name a few. Along with announcing the acquisition Thursday, Adobe beat on quarter earnings and matched on revenue; but warned on next quarter revenue. Figma brings a lot of dilution.
So tech experts love the move. Long-term gain after some short-term pain?
Yeah, like me… I found a savings offering 2.6%. Probably just a teaser rate that won’t go up but I’m all ears at this point and will look into it. UFB is the bank name.That would change a lot of people plans especially the 50-60’s planning to retire.
Gotta stick to the plan and keep buying, especially with inflation crashing. If the economy truly turns south, the Fed will just cut back to zero and start the QE again. That's the new playbook.I decided to take my $70 loss and sold 10 shares and kept 5 shares. The readjustment in the market is finally here and will bring everything down a notch.
Cramer mentioned he purchased 2 year treasuries Yesterday. Normally buys S&P every month but stopped for now.
My 401k’s I won’t touch.Yeah, like me… I found a savings offering 2.6%. Probably just a teaser rate that won’t go up but I’m all ears at this point and will look into it. UFB is the bank name.
Will buy but still too early but have been buying the 3, 6, 9 mths and 2 year treasuries at 3% and higher. Waiting for the 4+ % 2 and 5 years. The market recovery won’t be fast and the treasuries will mature in time to invest in the market.Gotta stick to the plan and keep buying, especially with inflation crashing. If the economy truly turns south, the Fed will just cut back to zero and start the QE again. That's the new playbook.
That could be the playbook but the FED will be out of options at that point to stimulate the economyGotta stick to the plan and keep buying, especially with inflation crashing. If the economy truly turns south, the Fed will just cut back to zero and start the QE again. That's the new playbook.
Lots of people thought the same thing in March 2020. Be careful. Going back further, the Volker bear market was completely eliminated in under 4 months.The market recovery won’t be fast and the treasuries will mature in time to invest in the market.
What else is needed to stimulate the economy? I guess Congress can provide stimuli again, but that's not on the Fed.That could be the playbook but the FED will be out of options at that point to stimulate the economy
You can get a one year treasury that pays over 4% right now. I believe that parking some, obviously not all your money, for period of time into bonds is not a bad idea. No state income tax and if rates drop, you can sell the bonds for a gain. We are starting to see corporate profits decline and it will be difficult for for companies to sustain their dividend rate.I decided to take my $70 loss and sold 10 shares this morning and kept 5 shares. The readjustment in the market is finally here and will bring everything down a notch.
Cramer mentioned he purchased 2 year treasuries Yesterday. Normally buys S&P every month but stopped for now.
I bonds are 9.62% and compound semi-annually. Limit is 10K in purchases per year for most people.There are stagflation funds…saw one with exposure to oil, gold and TIPS bonds and US Real Estate. I’ll beat that fund with US treasury I bonds for the next couple years. Sobering prospects if you’re a young investor.
Should be .5% and wait. Inflation is coming down hard. They need to be smarter than relying on a garbage metric that lags 6-12 months (CPI).I can see the Fed jumping to 1% then going .5 and sitting back given the time lag. My view is changing on how aggressive they will be given housing and global economic indicators. The real issue is the gov't and the green move as that is really fking things up globally
That limit is a killer. Total BS.I bonds are 9.62% and compound semi-annually. Limit is 10K in purchases per year for most people.
mkt has priced in 1.75 to date, mkt is now behind the fed rate expectations which is goodShould be .5% and wait. Inflation is coming down hard. They need to be smarter than relying on a garbage metric that lags 6-12 months (CPI).
Seems like throwing a bone to the middle class is it’s purpose…which is better than nothing. Good advertising to get people on TreasuryDirect too.That limit is a killer. Total BS.