Thread: American Politics
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01-12-22 23:17 #5967
Posts: 1068Typo
Originally Posted by PVMonger [View Original Post]
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01-12-22 17:33 #5966
Posts: 1604Who said 25%?
Originally Posted by Canada [View Original Post]
Which one is it?
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01-12-22 17:01 #5965
Posts: 5462Originally Posted by Gino02 [View Original Post]
Any and all tests we have for now are thanks to Biden and every Dem who voted Yes on the American Rescue Plan. All shortages are to be blamed on the Repubs who didn't even bother to participate, didn't support a greater number of them be included in the bill and didn't bother to earn their pay for a change.
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01-12-22 16:51 #5964
Posts: 5462Originally Posted by Villainy [View Original Post]
That Canada dude was robbed, reamed and abandoned by investment sharks worse than anyone I have heard or read about since Bernie Madoff. I assume they are also the ones who convinced him he ought to be proud of that 70% gain in those 4 Trump years, how thrilled any investor would be to do so well and all that typical con artist pitch. LOL.
What could those 200 stocks they bamboozled him into buying possibly be if 70% was the best return he ever got during a presidency in the past 40 years? Has to be of companies thrown together by their brother-in-law and almost certainly paying those sharks hefty kick-backs for putting their sucker clients into them. Oh well. There are many such stories because there are many such suckers.
A blind-folded chimp throwing 200 darts at a list of stocks in the S&P 500 would have earned better gains on them just during each of the 264% gain Clinton and 235% gain Obama presidencies in the past 29 years.
And that chimp would have done it for a banana, not robbing him of 25% commissions from the apparently relatively paltry gains he made during those historic Dem president Bull Runs!
Investors dumb enough to pay 3-7% commissions when they don't even have to in order to do very well in the market are laughable. But 25%! That isn't even funny. It's criminal.
Yeah, I started with Fidelity in 1986 with the fantastic 401 k offered by the Fortune 500 company I worked for, thanks to Jimmy Carter insisting it be included in his 1978 budget to require companies to offer that amazingly rewarding tax deferred investment tool to every employee and not just to the top management.
Thanks, Jimmy.
And then I rolled it over into an IRA with Vanguard when I retired about 20 years later in my 50's, flush and ready to travel and fuck 4-5 different young Thai girls every week for my second half.
Again, thanks, Jimmy, Bill and Barack. Coming up strong so far, Joe.
No thanks whatsoever to Ronnie, George1, George2 and Donnie, of course.
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01-12-22 16:21 #5963
Posts: 2344Originally Posted by MarquisdeSade1 [View Original Post]
He has no complaints or point.
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01-12-22 15:33 #5962
Posts: 10680.25 percent
Originally Posted by EihTooms [View Original Post]
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01-12-22 09:49 #5961
Posts: 54Originally Posted by Canada [View Original Post]
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01-12-22 07:44 #5960
Posts: 1138Originally Posted by EihTooms [View Original Post]
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01-12-22 02:57 #5959
Posts: 2579Dog catcher
Originally Posted by PVMonger [View Original Post]
Picked it up and used it, I'm guessing this is what all of you do, watch Msnbc and memorize what is said for the day.
And repeat the talking points verbatim, like a good lamb would do.
And try to turn ISG into an echo chamber for are maddow et al from Msnbc LOL.
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01-12-22 01:39 #5958
Posts: 663Originally Posted by Canada [View Original Post]
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01-12-22 01:27 #5957
Posts: 2579Sir C. B. Strikes again
Originally Posted by Canada [View Original Post]
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01-11-22 23:58 #5956
Posts: 5462Originally Posted by Canada [View Original Post]
So you missed out on the 235% gain in the broad USA Stock market under Obama and the 264% gain under Clinton.
Man, that is pathetic. Seriously, you need to have those con artists charging you 25% commissions arrested, not merely fired.
Ok, I'm going to give you the best stock market investment advice anyone has apparently given you in 40 years. And I won't charge you anything for it; open an account at Vanguard. The expense ratios for all of their funds range from 0.10% to 0.60%. Yes, you read that right. Less than 1%! Not 25%. To anyone!
The Vanguard Total Stock Market Index Fund, VTSAX, will cost you no more than about.
0.40% per year to maintain and service it. You don't need to pay a commission to a broker, a self-described "financial advisor", a priest or anyone else other than that. And you will never get robbed of 25% by any con man or thief.
Had you been in that simple, no-brainer, extremely low cost, low tax, beautifully diversified Index Fund over the past 40 years you would have gained all but about 0.40% of those 235% and 264% Dem presidency gains and kept a hell of a lot more of that middling 68% - 70% under Trump.
You're welcome.
Oh, and before you have the scammers who have been steamrolling you for the past 40 years fired and arrested, let them know that as of today's close the industry standard reference S&P 500 Index is only off about 2.3% from its all time closing high and the amusing but far less useful for that measure DOW is only off about 1.85%.
Not that they are in the business to know or care about such things. Their only challenge is to locate suckers happy and eager to pay 25% commissions for godknowswhat nonsense they're peddling you. I assume they troll those Trump MAGA rallies for their most likely marks.
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01-11-22 23:31 #5955
Posts: 2344Jim Jordan Shit
When asked about Jim Jordan's recent announcement that he would not cooperate with the January 6th committee, Representative Adam Schiff said: "I have to say, I'm not hat surprised by it. He said he 'had nothing to hide', and then he decided 'Well, I guess I have a lot to hide'.
Jordan's weaseling days after the January 6th violent insurrection with reporters whether and when he spoke to TrumpShit is pure video comedy.
What is not funny, was his aiding and abetting in his University's coverup of sexual abuse in the wrestling program when he was a coach.
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01-11-22 21:35 #5954
Posts: 1068Stock market for dummies
Originally Posted by EihTooms [View Original Post]
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01-11-22 18:42 #5953
Posts: 5462Originally Posted by Canada [View Original Post]
That's where the funding for all the tests and distribution of tests came from.
It's reminiscent of the phony Repub outrage over non existent Dem "defunding the police" after Repubs and only Repubs in the House voted unanimously to defund the police! LOL.