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70-79, M
ElwoodBlues · M
Watch what the smart money is doing. Warren Buffet's Berkshire Hathaway, AKA his investment firm, has about $250 billion in equities (stock) vs $340 billion in cash equivalents.
This is much more cash than he usually carries. Investors do this (sell stock, buy T bills) when they expect the stock market to fall substantially, and intend to buy stocks after they drop.
current Buffet indicator is 210% to 220%. Buffet is putting his money where his mouth is.
This is much more cash than he usually carries. Investors do this (sell stock, buy T bills) when they expect the stock market to fall substantially, and intend to buy stocks after they drop.
Buffett Indicator, which compares the total market capitalization of a country's stock market to its Gross Domestic Product (GDP). A high ratio, especially when exceeding 200%, is seen by Buffett as a sign that the market is overvalued, potentially signaling "playing with fire". Another "rule" associated with Buffett is his 90/10 strategy, which suggests allocating 90% of your portfolio to a low-cost S&P 500 index fund and 10% to short-term government bonds.
current Buffet indicator is 210% to 220%. Buffet is putting his money where his mouth is.
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whowasthatmaskedman · 70-79, M
@jehova There is no doubt that trump has accelerated spending and increased the US deficit. But more importantly he has destroyed the US trade position globally and that will lead to the $US being abandoned as the reserve trade currency. That in turn could halve the value of the $US against other currencies over time. (It will take years to fall) While without trump the US would still have declined, it would have been more the "Business as usual" event..😷
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jehova · 36-40, M
Families will need to take a japanese style approach to living situations! own your land and home then slowly (& sustainably) build upwards adding stories (floors) to the dwelling; one for each new generation. Dont use debt to finance such construction do it yourself at lowest possible cost (pay in cash). Generations of family will need to support the family and allow sustainable growth. Own a car for when necessary otherwise take the bus (public transportation) whenever possible.
I have 80 offspring? But no ties to them so idk how that factors in.
I have 80 offspring? But no ties to them so idk how that factors in.
whowasthatmaskedman · 70-79, M
@jehova While I applaud your efforts, I stick to getting those near and dear to me. I used to get paid and rewarded for predicting outcomes. But I can tell you that unless your opinion is sought and paid for, few people even bother to listen..😷
jehova · 36-40, M
@whowasthatmaskedman it’s true that’s why i published original medical research won awards in high school and later breakthrough was made using my research, in part, to create a next generation device of the one my research was on then I did research using the next generation one too.
jehova · 36-40, M
Ive been saying precisely this for about 3 to 5 years. The only answer is grow your own food stop paying for entertainment (streaming, cable, etc) i switched back to antennae 5 years ago. Im planning to switch to dial up internet and radio instead of paid services (that still have adverts) Buy cds to avoid commercials.
If america were to produce gasoline from hemp thc that would solve alot of problems. Thc soluble in ethanol creates diesel fuel. 300 barrels an acre up to 1937 when the passage of the Marihuana Tax Act caused ww2.
If america were to produce gasoline from hemp thc that would solve alot of problems. Thc soluble in ethanol creates diesel fuel. 300 barrels an acre up to 1937 when the passage of the Marihuana Tax Act caused ww2.
jehova · 36-40, M
@whowasthatmaskedman correct it is unlikely to happen yet if we want to be real and mature about it insider trading is what allowed the current players (oil tycoons) and long established interests (domestic broker firms as well as foreign interests) which hitler misguidedly blamed on the hebrews has been allowed to corner and exploit the market. Now with a felon as president There is no better time to attempt this reversal to domestic and agricultural fuel production.
whowasthatmaskedman · 70-79, M
@jehova While I appreciate the sentiment, my personal opinion is that things are so corrupted and perverted in America today that only after the current system has been demolished and those responsible (including the billionaires) dealt with harshly can a rebuild from scratch accomplish what you seek..😷
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Tastyfrzz · 61-69, M
Taxes and insurance are the big hitters. The national debt is unsustainable. Yes, we can print money but it becomes worth less and less. I am retired so i have what i have. I can reduce some spending. I can move up north and live a bit more cheaply. Medicare is going to hit next year and that will be another unavoidable expense.
whowasthatmaskedman · 70-79, M
@Tastyfrzz Yes.. All of the above. Plus there is the hollowing out of any pension funds you are a member of. If they invest in T bonds or something like commerical real estate with falling values..😷
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whowasthatmaskedman · 70-79, M
@justanothername And thats what happens in a boom/bust cycle of Capitalism. And this one is going to be a beaut!!!😷
justanothername · 51-55, M
@whowasthatmaskedman Wrong again. That’s what happens when a corrupt felon forces a healthy economy into recession.
whowasthatmaskedman · 70-79, M
@justanothername Sorry. You are incorrect. I am not saying Trump isnt a malignant tumour on the US economy (among other things). But he didnt cause this recession. He just made it worse and made the people less able to cope with it. The seeds of this recession were sewn in how the bail outs from the Global Financial crisis were handled..😷
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whowasthatmaskedman · 70-79, M
@jehova OK. I am measuring on the curve. It has been more expensive.😷
jehova · 36-40, M
@whowasthatmaskedman during the gas crisis of bush? When wartime skyrocketed gas prices bc of wartime trade costs, barriers to trade and externalization of government deficit unto “free market” taxation? All of which are routinely republican administration tactics. Is that what you mean? Not since Clinton and then bush!
jehova · 36-40, M
Yes prices are increasing alot at the grocery store and gas station.
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