Positive
Only logged in members can reply and interact with the post.
Join SimilarWorlds for FREE »

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.
Top | New | Old
MoveAlong · 70-79, M
Most people with investment income aren't feeling the heat. It's working people, the poor and those living day to day who are losing ground and feeling the brunt of this economy.
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...😷
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..😷
whowasthatmaskedman · 70-79, M
@CougarLisa And here is a short, easily accessible explanation of how the whole thing is likely to go for America. The early stages are already in play..
[media=https://youtu.be/84FceRnBeOg]
CougarLisa · 36-40, F

 
Post Comment