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Net Worth at age 55
- Thread starter BLADEMDA
- Start date
Economic performance is stronger when Democrats hold the White House
The economy performs much better during Democratic presidential administrations than during Republican ones.
www.epi.org
That’s just because Democratic administrators are preceded by Republican ones and their awesome way of winning. So much winning.Economic performance is stronger when Democrats hold the White House
The economy performs much better during Democratic presidential administrations than during Republican ones.
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I’ve been 90% stocks for the past decade.
I think it’s time to go back to 60/40.
I think it’s time to go back to 60/40.
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You could also diversify internationally into stocks that haven’t run up so much recently.
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An Update About How Inflation Has Affected Households at Different Income Levels Since 2019
NotesNotes All years referred to are calendar years. Numbers in the text and figures may not add up to totals because of rounding.
www.cbo.gov
After taxes and transfers, the top income quintile actually did better than the bottom quintile comparing 2019 to 2023 purchasing power. All quintiles are still better off.
- For households in the lowest income quintile, CBO estimates, the share of their adjusted income after transfers and taxes required to purchase their 2019 consumption bundle decreased by 2.0 percent; and
- For households in the top income quintile, that share declined by 6.3 percent, the largest decline of any quintile.
Change Since 2019 in the Share of Household Income Required to Purchase a 2019 Consumption Bundle, by Income Quintile
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I guess everyone got something in the money printing scheme.New report this monthAn Update About How Inflation Has Affected Households at Different Income Levels Since 2019
NotesNotes All years referred to are calendar years. Numbers in the text and figures may not add up to totals because of rounding.
After taxes and transfers, the top income quintile actually did better than the bottom quintile comparing 2019 to 2023 purchasing power. All quintiles are still better off.
View attachment 386912
- For households in the lowest income quintile, CBO estimates, the share of their adjusted income after transfers and taxes required to purchase their 2019 consumption bundle decreased by 2.0 percent; and
- For households in the top income quintile, that share declined by 6.3 percent, the largest decline of any quintile.
Change Since 2019 in the Share of Household Income Required to Purchase a 2019 Consumption Bundle, by Income Quintile
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Emerging/international markets have been the worst performers in my portfolio over a 15+ year period. So glad my allocation is very low. I probably have 2% or less in them and have not bought any in probably 10 years.
It is common to have a bigger allocation, but just can’t get behind it. If you “diversified” into international stocks/emerging markets vs US equities over the past 15 years, you missed out
Are International Stocks Worth the Bother?
While correlations have increased and long-term returns have underwhelmed, recent results look a little brighter.
I have “some” emerging market etf’s, but very little.
Just my opinion.
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I like this chart. Looks at US mid and large cap vs Developed international markets.
Basically, a divergence since the financial crisis in 2008.
Basically, a divergence since the financial crisis in 2008.
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Yeah, no question US stocks have done better in the recent past. I replace the bond portion of my portfolio with international stocks so the comparison from my perspective is international stocks vs US bonds rather than international stocks vs US stocks. In that case, international stocks have outperformed US bonds. 🤷♂️Emerging/international markets have been the worst performers in my portfolio over a 15+ year period. So glad my allocation is very low. I probably have 2% or less in them and have not bought any in probably 10 years.
It is common to have a bigger allocation, but just can’t get behind it. If you “diversified” into international stocks/emerging markets vs US equities over the past 15 years, you missed out
Are International Stocks Worth the Bother?
While correlations have increased and long-term returns have underwhelmed, recent results look a little brighter.www.morningstar.com
I have “some” emerging market etf’s, but very little.
Just my opinion.
5 year annualized returns:
VTWAX 11%
VBMFX 0.1%
(I know VTWAX has a fair amount of US stock exposure.)
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International and particularly emerging markets have underperformed US for more than a decade. As someone who is 50-50 US/International- I feel like the knight in Indiana Jones and the last crusade.- Waiting a LONG time.
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Interestingly, spending some time traveling Japan, and Tokyo has blown me away.
For a city that is almost twice the size of NYC it is impeccably clean, has huge infrastructure and is extremely modernized. It’s also the 3rd largest economy in the world. I can understand the allure of investing in a country like this.
The tokyo skyline at night and during the day is absolutely breath taking.
Few pics from the four seasons at night and the imperial gardens. I can’t stress enough how clean this country is.
For a city that is almost twice the size of NYC it is impeccably clean, has huge infrastructure and is extremely modernized. It’s also the 3rd largest economy in the world. I can understand the allure of investing in a country like this.
The tokyo skyline at night and during the day is absolutely breath taking.
Few pics from the four seasons at night and the imperial gardens. I can’t stress enough how clean this country is.
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Completely get this.
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Japan is so amazing and so affordable now. I still remember when going there meant spending $20 for a can of Pepsi.
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I have not studied Japans economy. $20 for pepsi is crazy!!! $1.5 dollars currently. Very affordable. We went to one of the Michelin Star ramen locations in Tokyo and it costs us $10 per bowl. Extremely affordable.
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The yen is at a multiyear low against the dollar.
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Who else hates new sh**?
New electronic charting. New job. New chairman with all new sh** to learn. New phone with all new sh** to learn etc etc
Now TDAmeritrade has to go to Schwab instead of vice versa and pretty much nothing looks similar on the sites and all new sh** to learn again. Like most anesthesiologists I get dialed in on the technology and have my "system" finely tuned like a Swiss watch and don't like it blown up back to square 1.
Stop throwing a monkey in the wrench and screwing up the works!!
New electronic charting. New job. New chairman with all new sh** to learn. New phone with all new sh** to learn etc etc
Now TDAmeritrade has to go to Schwab instead of vice versa and pretty much nothing looks similar on the sites and all new sh** to learn again. Like most anesthesiologists I get dialed in on the technology and have my "system" finely tuned like a Swiss watch and don't like it blown up back to square 1.
Stop throwing a monkey in the wrench and screwing up the works!!
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If this guy is right I clearly don't have enough ammo at the house. 27,000 dollar gold ounces sounds like the end of civilization as we know it.
news.bitcoin.com
Economist Jim Rickards Predicts Gold Price Exceeding $27,000 — Says: 'It's Not a Guess. It's Rigorous Analysis' – Economics Bitcoin News
Jim Rickards forecasts that gold prices could surpass $27,000, emphasizing that this projection is not made for attention or shock value.
