Posted on 05/19/2022 5:32:57 AM PDT by lasereye
“They’re for that psycho project to put a black woman on the moon.”
As long as they leave them there, I’d support them sending as many as they can.
That’s what the trucking industry has been doing. The truckers are now all tapping out. That $6, $7, $10 fuel is about to be passed on directly to you and me. Things will really get chaotic and incredibly expensive when most of the independent truckers in the country are driven to bankruptcy.
Of course they don’t care. The main people voting Dem are the ones who have nothing and expect more handouts from the guberment so will keep voting D.
Are you accusing the Teamsters Union of complicity?
Biden is the Labor president and is doing all he can to restore the union cancer on the American work place.
Question for everyone relating to this article. Relative has $100,000 to invest. Real estate is too high. Market is going down. Silver is stationary. What, in your opinion is the best investment for $100,000 right now. Just keep it in cash?
People are still buying essentials like food and diapers from those places but aren't buying chinajunk gadgets because that extra money is being used for fuel and food.
There won’t be a rally until Trump is back in office.
Depends on your risk aversion. Keeping in cash loses money due to inflation. A well-balanced, easily liquidated mutual fund has been my go-to.
“Of course they don’t care. The main people voting Dem are the ones who have nothing and expect more handouts from the guberment so will keep voting D.”
That is the bulk of their votes, however, don’t discount that the big money people are also solidly, brainlessly Dem voters. That includes Wall St.
Buy guns and lead.
I’m not expecting much change until we get rid of the “idiots in charge”.
Here’s a prediction for the future. Although I consider massive deficit spending, restrictive energy production, and unsustainable minimum wage laws to be major causes of inflation, look for politicians to promote government spending to stimulate the economy, new investments in “free and (un)sustainable” energy sources, and higher wages.
For those of you who have not lived through these economic cycles (resets), here’s the end result: The rich get richer and the poor get poorer and a lot of people will suffer for years or decades because of poor governance.
Is he willing to move things around periodically or does he want to just put it someplace to sit?
If he’s willing to move it around - I’m playing reverse ETFs SPXS and SQQQ to make money on the downside.
I’m also holding TLT which is a bond ETF. I know they are down with the market but have started to rebound as volatility has increased.
I would recommend holding another 3-6 months in cash, despite the inflationary loss and then making a decision. If he wants to make an immediate move I’d go with the reverse ETFs and TLT combination.
It’s what I’m doing outside of piling into DWAC (the trump media SPAC) and a very small play in a couple small companies.
This is all in my trading account. In my long term retirement stuff I just park it in index funds and forget it for another 20 years....his timeframe may not allow that.
Right about when Biden got sworn in.
That is not a price chart, it is an inventory chart. That level of deficit in fuels is very supportive of higher prices.
I’ve been 90-10 in cash for quite a while until I listened to “expert” financial people who assured me the market was strong and I was foolish to keep so much in cash. I put a chunk into the market at the exact wrong time and am getting clobbered. I’m hoarding cash now. Yeah, yeah inflation is going to get me, but not before everyone else is tapped out paying off margin loans and credit cards. Don’t care. I have piece of mind with cash right now. I’ll carefully move it later if and when things settle down. 2024?
New rules - collapse the systems to collapse the USA. Been the commies' plan for decades.
I would be in no hurry, none, zero, to throw that money into the General stock market. I can see taking about a quarter of that money and buying an energy related mutual fund. And leave the rest in cash.
Sounds reasonable. I certainly have heard this advice over the years. If you have a long time, I think this will be fine. Unfortunately, this relative is retired, so they probably wouldn’t benefit from a market rebound in the 5-10 year range.
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