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Stonks


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2024 Jul 6, 4:05pm   2,004 views  98 comments

by Al_Sharpton_for_President   ➕follow (5)   💰tip   ignore  

Vanguard 500 Index Fund (VFINX)

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.


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93   HeadSet   2024 Sep 17, 1:45pm  

Anyone here buying Tbills through Treasury Direct?
94   RWSGFY   2024 Sep 17, 3:04pm  

HeadSet says

Anyone here buying Tbills through Treasury Direct?


I used to but now the return pretty meh.
95   AD   2024 Sep 17, 5:23pm  

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

,
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/
97   stereotomy   2024 Oct 11, 7:45am  

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?)
98   zzyzzx   2024 Oct 11, 8:02am  

HeadSet says

Anyone here buying Tbills through Treasury Direct?

No. I use my brokerage account.

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