portfolio is up 11% for 2025 so far in spite of the doom-gloom view of the world and economy.

taking 1\3 of my roth ira and moving into variable annuity product while rates are near their highest point. this will help protect my principle from a big downturn\correction.

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CougarLisa · 36-40, F

Good for you! The same here, only I'm more like 17%.

swirlie · 31-35

@CougarLisa
Don't buy into the glitter! It's all smoke and mirrors!

CougarLisa · 36-40, F

@swirlie I'm not ghetto...

swirlie · 31-35

@CougarLisa
What does ghetto mean in your response?

whowasthatmaskedman · 70-79, M

The 11% rise in the $ value of the market reflects the devaluation of the $US against other global trading currencies..Now compare the value of the market against the price of gold over the same time frame...There is the real story...😷

CougarLisa · 36-40, F

@whowasthatmaskedman gold is up about 50% this year; silver about the same. The dollar has not declined 50% this year! Moreover, inflation is actually about 8% annually due to the growth in the monetary system being the same percentage.

If you are not doing 9% on your investments annually your money is shrinking.

whowasthatmaskedman · 70-79, M

@CougarLisa OK/ I have been through this before. You cant use $ as a way to measure real inflation because the $ is being devalued. If I give you 6 cookies, then break each in half, you dont suddenly have twelve cookies. Just twelve pieces of cookie. But you are correct. Part of the inflation of gold and silver is demand based. the rich people will pay more to get it..😷

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