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95
AD
2024 Sep 17, 5:23pm
AD
2024 Sep 17, 5:23pm
Misc says
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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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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96
Misc
2024 Oct 7, 2:04pm
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/
I wonder how many of these will make it.
https://www.alliance321.com/top-homeowners-insurance-companies-in-florida/
97
stereotomy
2024 Oct 11, 7:45am
stereotomy
2024 Oct 11, 7:45am
Misc says
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?)
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?)
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One year return = 24.38%
If you invested $1 million in the average S&P 500 stock index fund, you'd be smoking fat cigars and doing $243,800 worth of hookers and coke.