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frugalhermit · 56-60, M
YAWN🥱the market is a roller coaster ride, always has been and always will be...BUY AND HOLD for the long haul. make adjustments along the way as necessary
whowasthatmaskedman · 70-79, M
@frugalhermit And if you buy for the dividend, the capital gain will come..😷

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Ynotisay · M
@whowasthatmaskedman I don't need an exact figure but would you say have a lot of money invested in the U.S. markets, a little money invested or NO money invested?
whowasthatmaskedman · 70-79, M
@Ynotisay My personal exposure to US markets is limited to small amounts tied up in my pension scene. And that is the funds choice, not mine. But since its indexed for life I dont care. The rest are home grown of Asian local.😷
CurrentName · 51-55, M
@Ynotisay
You still didn't watch it.
SW-User
Yeah that thumbnail looks super credible by my portfolio has been pretty the last two years
whowasthatmaskedman · 70-79, M
@SW-User Good luck to you, although I find the tee shirt and socks purchases extravagant. But thats just me.. I sincerely hope your luck holds..😷
SW-User
@whowasthatmaskedman I'm sure you do find it extravagant but comfort is your best investment
whowasthatmaskedman · 70-79, M
@SW-User I have to applaud that. So many of your countrymen would have said it was guns and ammo..😷
RachelLia2003 · 22-25, F
your an austrian. why do u care about american stuff like oil inflation and stock market and nasduck etc?🙄
@RachelLia2003 AUSTRALIAN.
RachelLia2003 · 22-25, F
@jackieash why r u yellin at me
@RachelLia2003 Sorry. I was just emphasising that he's Australian, not Austrian.
He wasn't fit to hold office in his first administration and he ended up destroying the economy, causing high unemployment and killed over 1/2 million Americans, but you know, maga they are all in on him.
AthrillatheHunt · 56-60, M
@whowasthatmaskedman 1 instance is 1 too many. I hope your people don’t become desensitized like my people are .
whowasthatmaskedman · 70-79, M
@AthrillatheHunt So far we have not. Interesting side note. One unarmed man who disarmed one of the shooters was himself a migrant and I believe a Muslim. No one asks those questions here. The support for the victims is strong and universal. 😷
AthrillatheHunt · 56-60, M
@whowasthatmaskedman I believe the majority of Muslims and Jews agree we worship the same creator.
sunsporter1649 · 70-79, M
Figures don't lie....but liars figure
whowasthatmaskedman · 70-79, M
@sunsporter1649 Thats right up there with "I know you are.. But what am I?"😷
I know Americans arent going to understand = 😕

is not that 99% of the time ?
RachelLia2003 · 22-25, F
@RachelLia2003 Looks like Meandros
RachelLia2003 · 22-25, F
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whowasthatmaskedman · 70-79, M
@Prison1203 Again, your numbers are accurate. But they dont tell the full story. Fuel has always been cheaper in America that almost anywhere else. (Although its pretty cheap in the UAE) because of the tax regimes applied and the reasons for doing so.... So using the pump price as a comparison is flawed, because the government is either discounting your price artificially, or inflating everyone elses, depending on how you see it. Equally, we have a minimum adult wage of over $26.00 an hour here and a full working week is 38 hours. We have Universal health cover ans subsidized University Tuition on a scheme linked to income tax to repay it. Employers also pay 12% of our salary into compulsory superannuation/pension schemes to support our retirement, on top of the basis aged pension. Social security system.
I am not telling you any of this to show how wonderful Australia is. Just to demonstrate that things are DIFFERENT here and just quoting a single number doesnt tell the story.
How much the cost of fuel has risen for you is relevant . How much your wages have risen in the same time scale paints in some of the colours. You really need to see the trend everything is taking.. and why. That is where my comments come from..😷
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MoveAlong · 70-79, M
I just cant' take the word of anyone wearing a bow tie.
whowasthatmaskedman · 70-79, M
@MoveAlong I hear you.. However, Harry Truman was a well known bow tie wearer. And he okayed the Bomb on Hiroshima and Nagasaki. So you might want to consider that.. Seriously, I know the messenger is second rate. But he focuses on the numbers and ties all the issues together. Its hard to find a source that does that without getting personal about politics. And his numbers are right. America is about to fall off the tightrope, to one side or the other. A serious recession without an apparent exit strategy, or accelerating inflation.. Take your pick? 😷

 
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