American Politics

[Xpartan]

I am not receiving any government checks, not even my Social Security checks. I have been pleasantly and pleasurably retired in Thailand for almost 10 years entirely on my investment incomes and a pension from a USA company I was with for 25 years.

You must be lying. Everyone who disagrees with Canada and right-wingers in general is a destitute welfare recipient whose only source of income is government subsistence. It's common knowledge.

Of course, thanks to the 4 dismal years of Trump, more Americans are now disagree rather than agree with Canada et al, but who's counting, LOL?

https://www.forbes.com/sites/alisond...ime-poll-finds

[Canada]

I am not receiving any government checks, not even my Social Security checks. I have been pleasantly and pleasurably retired in Thailand for almost 10 years entirely on my investment incomes and a pension from a USA company I was with for 25 years.

No, my greatest stock market returns per presidency were during those 264% gain Clinton years and 235% gain Obama years while your way overpaid even at 0.25% commission financial advisors were telling you how proud and thrilled you should be to have only gained something significantly less than 70%.

The Carter years were not my best stock market return years because I wasn't in the market during Carter's presidency. But Carter was the one who required companies to offer all of their rank and file employees one of the greatest tax deferred stock market investment and retirement planning instruments of all time, the 401 k, instead of only blessing their top management executives with that offer.

That alone was a greater "tax cut" and pro retirement advantage for the ordinary working American than any Repub ever produced or ever will produce..

If you are lying about the Carter years then probably your whole post is a lie. Everyone knows Carter was the worst president ever until this year when Biden took the title. If you haven't lived in USA in last 10 years you obviously are only making your posts off fake news.

[MarquisdeSade1]

https://www.newsmax.com/politics/joe...12/id/1052154/

https://cloudflarepoc.newsmax.com/ne...11/id/1051976/

[PVMonger]

Typo but everyone knows that fees aren't 25.

So, you didn't bother to proofread or correct your error. But what is worse is that you don't have the cojones to admit it. Just like Cheeto McBonespurs.

"Everybody knows" is the line that wingers use when they found out something yesterday or don't have proof of anything.

As in, "Everybody knows" that windmills cause cancer.

Or as in, "Everybody knows" that Chinese thermostats changed votes.

Or as in, "Everybody knows" that injecting bleach cures COVID.

[EihTooms]

Portfolio gains are always after fees but obviously you didn't know that because your only source of income is government subsistence. If Jimmy Carter years we're your best years I know exactly why you can't afford to live in USA. I would bet that my 5 year old grandson has more invested in market than you.

I am not receiving any government checks, not even my Social Security checks. I have been pleasantly and pleasurably retired in Thailand for almost 10 years entirely on my investment incomes and a pension from a USA company I was with for 25 years.

No, my greatest stock market returns per presidency were during those 264% gain Clinton years and 235% gain Obama years while your way overpaid even at 0.25% commission financial advisors were telling you how proud and thrilled you should be to have only gained something significantly less than 70%.

The Carter years were not my best stock market return years because I wasn't in the market during Carter's presidency. But Carter was the one who required companies to offer all of their rank and file employees one of the greatest tax deferred stock market investment and retirement planning instruments of all time, the 401 k, instead of only blessing their top management executives with that offer.

That alone was a greater "tax cut" and pro retirement advantage for the ordinary working American than any Repub ever produced or ever will produce.

Oh, and so many jobs were being created under Carter, I should mention those were the years I could pick and choose companies to work for, salaries to consider, future prospects in each plum company to calculate.

That sure as hell was no longer the case after Reagan took over, got his way and promptly plunged us into his Great Repub Recession with 10%+ unemployment rates for 10 consecutive months beginning in his 2nd year in office and extending into his 3rd year!

BTW, I notice no Wingers have mentioned or linked a report on the lastest inflation number yet. And I know why. LOL. It seems every headline on how high the number is also mentions it is the highest "since 1982". That means it was higher in 1982 or from the year before.

Hmm. I forget. Who was president in 1982 and had been for at least a year by then, just as Biden is today? LOL. Yes, higher inflation than today and crap jobs creation results and skyrocketing unemployment rates and a Great Repub Recession in the works and the start of his tripling of the national debt with absolutely nothing to show for it. That was the reality of the Reagan economy.

[MarquisdeSade1]

In other words.

He has no complaints or point.

https://www.newsmax.com/politics/joe...12/id/1052154/

[Canada]

You are saying you paid a 25% commission every year for 4 years and netted a 68% return over the 4 years? Where in the world do you pay a 25% commission annually? People who actually invest pick mutual funds or ETFs and pay 1% (sometimes a tiny bit more or a little less). Index funds (like Fidelity's Admiral Fund charge something like 0. 10% Even with professional investment advisors 25% commissions don't exist and only someone making it would make that claim.

You are exactly right. It is a typo. I pay. 25 percent commissions. I would not ever invest more than 5 or 10 per cent in mutual funds or ETF. Most of my portfolio is invested in managed funds with great managers.

[Xpartan]

It is 0.25 per cent not 25 per cent. Most people pay about 1 per cent. You obviously don't know anything about fees in the market. And my portfolio gain is 70 per cent after fees during the Trump presidency which is higher than in any other presidency.

Most people indeed pay 0. 5-1% of AUM (if that's the scheme you're talking about), but it seems you're not one of them.

This is the reason you pay good financial advisors. I do not ever complain paying a 25 percent commission every year for 4 years to make 68 percent. You get what you pay for.

And one thing I do know "about fees in the market" is that only the king of suckers would pay his financial advisor a 25% commission.

[Canada]

What's your point? Biden's virus management plans working or not?

Absolutely not! He is totally lost on what needs to be done.

[Canada]

I know, I know! Unbelievable, right?

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..

Portfolio gains are always after fees but obviously you didn't know that because your only source of income is government subsistence. If Jimmy Carter years we're your best years I know exactly why you can't afford to live in USA. I would bet that my 5 year old grandson has more invested in market than you.

[Canada]

You were the one who said 25%. So either you lied when you said it or you can't proofread and didn't bother to correct what you said.

Which one is it?

Typo but everyone knows that fees aren't 25.

[PVMonger]

It is 0.25 per cent not 25 per cent. Most people pay about 1 per cent. You obviously don't know anything about fees in the market. And my portfolio gain is 70 per cent after fees during the Trump presidency which is higher than in any other presidency.

You were the one who said 25%. So either you lied when you said it or you can't proofread and didn't bother to correct what you said.

Which one is it?

[EihTooms]

What's your point? Biden's virus management plans working or not?

Of course they are working to keep any American smart enough to take the vaccines Biden made free and available to them from getting seriously ill, requiring hospitalization or dying from Trump's Pandemic virus in all its variations.

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.

[EihTooms]

You are saying you paid a 25% commission every year for 4 years and netted a 68% return over the 4 years? Where in the world do you pay a 25% commission annually? People who actually invest pick mutual funds or ETFs and pay 1% (sometimes a tiny bit more or a little less). Index funds (like Fidelity's Admiral Fund charge something like 0. 10% Even with professional investment advisors 25% commissions don't exist and only someone making it would make that claim.

I know, I know! Unbelievable, right?

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.

[ScatManDoo]

Funny how well you anti American loony leftists parrot what you hear, I wrote dog catcher here 3 days ago and within less than 48 hrs someone else.

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.

In other words.

He has no complaints or point.