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So ballpark about $5.25 Trillion each and every year at an ever increasing amount. Puts it at about 19% of GDP. At this point the Wall Street folks aren't even trying.
People should really regard their financial statements from their financial institutions as they would any other Wall Street propaganda. The sheer amount of malinvestment in unfucking real.
The funny thing about investors is that they would rather lose money in the market than pay even 25% of that amount in taxes.
They've got a goofy way of looking at things.
If you had to pick any combination of the following 3 ETF's, where would you invest this chunk right now?
1) IUSG iShares Core S&P US Growth
2) SCHB Schwab US Broad Market
3) SCHD Schwab US Dividend Equity
stfu says
If you had to pick any combination of the following 3 ETF's, where would you invest this chunk right now?
1) IUSG iShares Core S&P US Growth
2) SCHB Schwab US Broad Market
3) SCHD Schwab US Dividend Equity
Depends on how old you are. If nearing retirement or in retirement pick #3.
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Gold holds value but no return.
Berkshire may be good investment
Amazon n microsoft keeps monopolizing so they will do well