I really wouldn't worry about investing. Our next President will be doing the investing for us after the wealth confiscation. She clearly knows what she's doing.
I heard on NPR the other day that rents in NYC average $6K/mo. Now I'm sure that's skewed by a lot of Manhattan luxury places, but still... If she's maintaining a residence there, that would explain where a lot of the money goes. That said, I doubt she shops at Goodwill or gets her hair done at Great Clips.
You mean Mamdani's policies aren't lowering rent?
Average rent in the Bronx (her district) is 2k/month (per Gemini). Assuming she lives a bit upscale at 3k/month I bet she still dresses well.
I really wouldn't worry about investing. Our next President will be doing the investing for us after the wealth confiscation. She clearly knows what she's doing.
I heard on NPR the other day that rents in NYC average $6K/mo. Now I'm sure that's skewed by a lot of Manhattan luxury places, but still... If she's maintaining a residence there, that would explain where a lot of the money goes. That said, I doubt she shops at Goodwill or gets her hair done at Great Clips.
You mean Mamdani's policies aren't lowering rent?
Average rent in the Bronx (her district) is 2k/month (per Gemini). Assuming she lives a bit upscale at 3k/month I bet she still dresses well.
where is @snarlcakes ? Eager to see how he classifies BTC
It's a conservative investment. I couldn't imagine being short it. Sort of like shorting p#%%y like @bar-down, terrible idea.
I really wouldn't worry about investing. Our next President will be doing the investing for us after the wealth confiscation. She clearly knows what she's doing.
I heard on NPR the other day that rents in NYC average $6K/mo. Now I'm sure that's skewed by a lot of Manhattan luxury places, but still... If she's maintaining a residence there, that would explain where a lot of the money goes. That said, I doubt she shops at Goodwill or gets her hair done at Great Clips.
You mean Mamdani's policies aren't lowering rent?
Average rent in the Bronx (her district) is 2k/month (per Gemini). Assuming she lives a bit upscale at 3k/month I bet she still dresses well.
If I become single anytime soon she is having my child. I hate her and love her. By the way I ate Monterey Coastal Cuisine last week and it's really good.
I really wouldn't worry about investing. Our next President will be doing the investing for us after the wealth confiscation. She clearly knows what she's doing.
I heard on NPR the other day that rents in NYC average $6K/mo. Now I'm sure that's skewed by a lot of Manhattan luxury places, but still... If she's maintaining a residence there, that would explain where a lot of the money goes. That said, I doubt she shops at Goodwill or gets her hair done at Great Clips.
You mean Mamdani's policies aren't lowering rent?
Average rent in the Bronx (her district) is 2k/month (per Gemini). Assuming she lives a bit upscale at 3k/month I bet she still dresses well.
If I become single anytime soon she is having my child. I hate her and love her. By the way I ate Monterey Coastal Cuisine last week and it's really good.
Damn right it is. Also, Salt blows.
I really wouldn't worry about investing. Our next President will be doing the investing for us after the wealth confiscation. She clearly knows what she's doing.
I heard on NPR the other day that rents in NYC average $6K/mo. Now I'm sure that's skewed by a lot of Manhattan luxury places, but still... If she's maintaining a residence there, that would explain where a lot of the money goes. That said, I doubt she shops at Goodwill or gets her hair done at Great Clips.
You mean Mamdani's policies aren't lowering rent?
Rent in Manhattan just hit an all time high.
I've done pretty well on it. The important thing is you dollar cost average into it (or any investment). If you started buying Bitcoin at the 2021 top (high 60k) you're annualized return would be around 15-16%. Not great, but not bad either.
You reckon this guy would be a bitcoiner?
A good friend will bail you out of jail, but your best friend will be sitting next to you in the cell saying "that was f***ing awesome"
I retired at 53 and my wife at 51. We both get a pension. Your comment about relationship change is something that has been on my mind lately (not mine...we're coming up on 45 years) because we're in the process of trying to determine how to protect our assets from any in-laws after we're gone. We only have one kid (daughter) and she and her husband seem to get along well but I know shit happens and we don't want to leave our assets to our daughter and then they get a divorce and he gets half of it. We want our assets to be distributed down our bloodline but don't know how to accomplish everything we want to accomplish.Due to my recent relationship change, I lost almost half my net worth. I was trending toward conservative but now moved a bit more aggressive.
If I had better foresight, I could have kept it all and got out of prison at retirement age.
That's pretty common and could easily be handled via a trust. Any competent estate planning attorney could handle this.
By the way, investment managers are a waste of time. There isn't one mother f#cking one of them that would have told you to invest Casey's with a hogger in their cheek. That's literally all it took to get rich. Humans always want to make themselves out to be super smart, we're not. A slice of the best breakfast pizza, 6 zyn, full tank of gas, and Patti Mae saying see you later sweetie is all it takes.
https://twitter.com/investingaddict/status/2090553969898922021?s=46
For many years I was very aggressive, heavy into growth stocks. Then I realized that the very low fee market index stock funds I have do just as well, so I have upped my investments there by a lot. But still my investments are almost all in stocks, mostly via mutual funds but a few individual holdings and sector funds, so I'd say I'm moderately aggressive.
If you want an ultimate set it and forget it fund put everything into VTI. For most people that's all they need.
That's basically all I've done for the last 20+ years. Maxed out everything from the beginning and have never owned much of anything other index funds. Plus bought a lot of real estate. Timing and luck is a lot to it. Was able to save and invest heavily through the lost decade in the market, plus buy a lot of distressed real estate in the 2010-2015 timeframe.
@snarlcakes please don’t eat gas station pizza
Unless it's Casey's, which isn't good, but won't make you sick.
@snarlcakes please don’t eat gas station pizza
Unless it's Casey's, which isn't good, but won't make you sick.
Hope is not optimism, which expects things to turn out well, but something rooted in the conviction that there is good worth working for. - Seamus Heaney, Irish poet and likely Hoosier basketball fan.
POTFB
By the way, investment managers are a waste of time. There isn't one mother f#cking one of them that would have told you to invest Casey's with a hogger in their cheek. That's literally all it took to get rich. Humans always want to make themselves out to be super smart, we're not. A slice of the best breakfast pizza, 6 zyn, full tank of gas, and Patti Mae saying see you later sweetie is all it takes.
https://twitter.com/investingaddict/status/2090553969898922021?s=46
I told ya all years ago to grab a slice for breakfast, or a Biscuit and Gravy, then a Pepperoni slice in the afternoon while you (I) was building the next house to give away to a fuckin whore cunt.
I told you all, this was the proper move, but NOOOOOOO I was laughed at. Cray Remembers, McMurt Remembers, PEPPERIDGE FUCKIN FARMS remembers !!!
Tantrums don't change outcomes
Losing is part of life. Sometimes the answer is simply NO.