patrick.net

AD says

Misc says

Just put in enough to get the match, and do it pre-tax, no Roth 401-k where you don't get the tax benefit. Best you can do with a 401-k type program and stay away from Index funds.

I agree about contributing to traditional 401K (pre-tax). When you retire and withdraw from it, you'll be in a lower tax bracket.

What do you mean stay away from index funds like Wilshire 5000 or S&P 500 ? ? ? ?

Where do you put the money ? If you work for the federal guvmint, the Thrift Savings Plan (i.e., 401K) only has index funds and government bond fund.

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Lots of private companies have been sold on the Index fund route a, as well. By at least getting the match and going pre-tax, you lose less value over the long term. Mathematically, the vast majority of people must lose value on their investments. The idea is to lose as little as possible.

Anyone here buying Tbills through Treasury Direct?

HeadSet says

Anyone here buying Tbills through Treasury Direct?

I used to but now the return pretty meh.

Misc says

Lots of private companies have been sold on the Index fund route a, as well. By at least getting the match and going pre-tax, you lose less value over the long term. Mathematically, the vast majority of people must lose value on their investments. The idea is to lose as little as possible.

I never lost money on my S&P 500 Fund as I've sold shares that I owned for at least 7 years

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Today's market can best be described as Insurance companies dash for cash. The property/casualty folks are about to be hit with what is probably a record dollar amount of claims. They gotta sell everything to meet that cash demand.

I wonder how many of these will make it.

https://www.alliance321.com/top-homeowners-insurance-companies-in-florida/

Misc says

Today's market can best be described as Insurance companies dash for cash. The property/casualty folks are about to be hit with what is probably a record dollar amount of claims. They gotta sell everything to meet that cash demand.

I wonder how many of these will make it.

https://www.alliance321.com/top-homeowners-insurance-companies-in-florida/

It's not only property, but the profits of life insurance companies suffering under the procrustean duress of a 6-sigma surge in excess mortality (and payouts) and rising interest rates.

(how did y'all like that $10 word?)

HeadSet says

Anyone here buying Tbills through Treasury Direct?

No. I use my brokerage account.

Why has healthcare been lackluster for at least the last 10 years ?

Vanguard Health Care Fund (ticker: VGHAX) average annual total return is 7% for last 10 years, and 10% since November 2021

Granted I read that about 29% of VGHAX is foreign stocks like Novo Nordisk and Norvatis , so I suspect a stronger dollar will depress the value of these stocks, as far as tracking the Dollar Index (ticker: DXY)

Any suggestions on this such as stay the course with holding health care funds ?

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AD says

Why has healthcare been lackluster for at least the last 10 years ?

All the money went to weight loss drugs.

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The below article is behind a paywall but its saying tomorrow (Monday 3 March 2025) should be a big short squeeze day

We will see how the S&P 500 fares tomorrow particular the Magnificent 7 stocks , at least GOOGL and AMZN finished in the green last Friday, after closing in red for almost every day since their last earnings call

And somebodies bought at least $3 billion of AMZN in the last 5 minutes of trading last Friday

https://www.zerohedge.com/markets/tomorrow-will-be-painful-short-squeeze-day-goldman-top-macro-trader-warns

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Stocks had a nice rally over the last few hours. I wonder if Trumps speech had anything to do with it.

Europe and particularly Norway are going to send some dough to keep Ukriane in the fight against the Russian invaders.

What seems to have escaped Trump and others is although it sucks, a secure Ukraine helps keep Europe secure, and a secure Europe is in the USA interest.

Europe doesn't want to be 'secure'. It 'wants' WWIII. We are no longer talking about the dictates of common sense or social conservation.

Europe always chooses slaughter - 30 Years War, Napoleonic Wars, Revolution of 1848, Austrian-German war of 1867, Franco-Prussian war of 1871, WWI, WWII, etc.

I think Larry Niven based the evolution of the Kzinti on the European wars. After multiple whole generations of the most aggressive of their young men are killed, the aggressive proportion of the male population is effectively exterminated. Only the cucks and cowards remain, which explains the eurotrash sluts' proclivities towards Americans and musselman rapefugees.

It's the traditional, periodic human sacrifice slaughter tithings, account holder harvests and suffering resonances mandated by bloodlines' empowering tunnel demons. It's no different from the Aztec pyramids with torn out hearts and severed heads rolled down the steps.

Both WWI and WWII began and ended on specific occult dates and times, until the human sacrifice agendas had been completed. The bloodlines hold a permanent bounty debt on the heads of their human herds.

It isn't what 'I' or 'we' believe, it is what THEY believe. The difference with Trump is he is standing in the way of their global sacrificial feeding rituals.

This one is a bit 'Woo-ish', but seems accurate as to the Euro Demon frame of mind. "Zelensky meets King Charles. World War 3 on the way?" We aren't talking about common sense, preservation of life, or even preservation of civilization. We are talking about the bloodline mandates to 'thin the herds' and re-establish themselves in the ashes at any cost.

https://www.rumormillnews.com/cgi-bin/forum.cgi?read=252140

stereotomy says

I think Larry Niven based the evolution of the Kzinti

Ringworld was awesome.

So, uhhhh where are the Ukies gonna get the weapon systems to fight the Russians.

They are staking that Trump will sell them US weapons. Trump wants to be known as the President of Peace, he probably ain't gonna sell them the the Euroweenies the weapons if he's got a decent peace offering from Russia.

There is no deal with "Russia", it's only Putin; nobody else has shit to say about anything in Russia.

Trump is naive and thinks he can talk to Putin like he talked to the assorted clowns on The Apprentice.

clambo says

There is no deal with "Russia", it's only Putin; nobody else has shit to say about anything in Russia.

Trump is naive and thinks he can talk to Putin like he talked to the assorted clowns on The Apprentice.

General George S. Patton:

“The difficulty in understanding the Russian is that we do not take cognizance of the fact that he is not a European, but an Asiatic, and therefore thinks deviously. We can no more understand a Russian than a Chinaman or a Japanese, and from what I have seen of them, I have no particular desire to understand them, except to ascertain how much lead or iron it takes to kill them. In addition to his other Asiatic characteristics, the Russian has no regard for human life and is an all out son of bitch, barbarian, and chronic drunk.”

Statement by Patton on 8 August 1945, as quoted in “General Patton : A Soldier’s Life” (2002) by Stanley P. Hirshson, p. 650

stereotomy says

After multiple whole generations of the most aggressive of their young men are killed, the aggressive proportion of the male population is effectively exterminated. Only the cucks and cowards remain, which explains the eurotrash sluts' proclivities towards Americans and musselman rapefugees.

I've sort of had that theory as well. And blended it towards 'why' there are so many hot Eastern European women at this point. (few men left had their pick to reproduce, uglier women did not).

However your comment suggests that if I'm right it won't last long and I cannot disagree with that.

Maga_Chaos_Monkey says

stereotomy says

After multiple whole generations of the most aggressive of their young men are killed, the aggressive proportion of the male population is effectively exterminated. Only the cucks and cowards remain, which explains the eurotrash sluts' proclivities towards Americans and musselman rapefugees.

I've sort of had that theory as well. And blended it towards 'why' there are so many hot Eastern European women at this point. (few men left had their pick to reproduce, uglier women did not).

However your comment suggests that if I'm right it won't last long and I cannot disagree with that.

Git while the gittin's good. There was some really hot and high-quality Russian pussy for sale in the mail order bride market back in the early to mid 90's.

Stocks doing well today. According to WSJ, that is due to the jobs report and the idea the Fed will not rise rates.

Well, that did not last. Analysts are saying the big drop is due to tariffs on Canada and Mexico no longer being in doubt.

Now dow is 9% below, is it good time to buy?

We need Rin s input. Get him out of hoing n doll for now

Stocks are going down because investors fear that companies will actually have to hire Americans.

Booger says

Stocks are going down because investors fear that companies will actually have to hire Americans.

OkDOGEisAmountingToSomething says

Only a small percentage of Americans own stocks? That "small percentage" is about 62%. You know, all those 401ks and mutual funds Maybe he meant that of all those people who own stocks, about half of the value is held by the top 1%.

HeadSet says

OkDOGEisAmountingToSomething says

Only a small percentage of Americans own stocks? That "small percentage" is about 62%. You know, all those 401ks and mutual funds Maybe he meant that of all those people who own stocks, about half of the value is held by the top 1%.

Charles Haywood is a stupid cunt.

Darnit, this shit always happens when I decide to take out my RMD (Required Minimum Distribution).

Oh well fuck it.

clambo says

Darnit, this shit always happens when I decide to take out my RMD (Required Minimum Distribution).

I hear you. I just bought Playtika a few weeks ago and all research made it look like a good deal. Only after I bought it did the price plummet because of first ever earnings loss and the general fall of the market.

Re: Trump quote about the Dow dropping 1000 points: He's obviously not a stock investor.

The stock market is an auction, and prices can fluctuate greatly.

Shooting someone from a cannon for the vicissitudes of the Dow is silly.

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S&P 500 closes today around 9.5% below its all time high. Seems like the current floor is 10% below the all time high.

Agree on "stock market ownership" as Pew Research shows 58% of households invested in the stock market (includes mutual funds, ETFs, etc) in 2024.

I figure the CALPERs participants (and other pension funds participants like Teamsters) count as part of that even by chance if they do not have IRAs or 401Ks.

I figure the bottom 15% (0 to 15 percentile) are legally poor so naturally they have no savings for the stock market.

But what about the 16 to 41 percentile (next ~26%) ? why are they not invested in the stock market ? are they that much struggling as the "working class" ?

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Things will get really interesting if house prices fall back to the normal ratio of costing about 3 years of work.

A lot of the elderly will have to sell their stocks, putting pressure there too.

Banks will all be bankrupt, because your "deposits" are mostly in mortgages.

I'd finally be able to afford a house, except for my stocks having gone down so much, lol. Whatever.

Patrick says

I'd finally be able to afford a house, except for my stocks having gone down so much, lol. Whatever.

Very fair tradeoff. My stocks have tumbled for now as well, but we need to see affordable houses for the next generation. We can't have a society where all the real estate and stocks are concentrated with the old folks who lived during a time where a middle-class income allowed folks to afford a home and invest. It is not a stable system, when the younger folks are busting their butts to afford a shared hovel while being taxed to pay Social Security to a generation with no house or car payment while collecting dividends and interest.