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Link Posted: 9/15/2024 1:40:22 PM EST
[#1]
Inflation is good for stocks.  If you are in index funds you'll probably do well regardless of who wins because at minimum the markets beats inflation unless you have good info on major industry changes it's always a good idea to just stay in index funds.  The only exceptions n being in f you plan on retiring soon.  A bad recession can tank markets for 5-10years but it will always rebound.  If you are looking into retiring in the next 5-10 years you should already be planning or moving out of unstable investments anyways

The average person will get poor but the person invested diversely won't. Land is always good for beating inflation.  That's my preference since I can defend it with weapons. They can't push a button and erase my dirt.
Link Posted: 9/15/2024 1:42:15 PM EST
[#2]
I'm with the hive.  My strategy doesn't really change no matter who wins the election.  S&P500 Type ETF with REIT ETF for real estate exposure.

For extra diversification, i have one of my old IRA rollovers and my HSA parked in target date retirement funds.
Link Posted: 9/15/2024 1:46:02 PM EST
[#3]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Inflation is good for stocks.  If you are in index funds you'll probably do well regardless of who wins because at minimum the markets beats inflation unless you have good info on major industry changes it's always a good idea to just stay in index funds.  The only exceptions n being in f you plan on retiring soon.  A bad recession can tank markets for 5-10years but it will always rebound.  If you are looking into retiring in the next 5-10 years you should already be planning or moving out of unstable investments anyways

The average person will get poor but the person invested diversely won't. Land is always good for beating inflation.  That's my preference since I can defend it with weapons. They can't push a button and erase my dirt.
View Quote


Well, they can, but it would erase a bunch of other dirt, too.

Link Posted: 9/15/2024 1:48:15 PM EST
[#4]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Same as the last 4 years…only worse.

Hopefully the millennials who have the most skin in the game and who put Biden in the WH will overcome their TDS and realize that Harris = more of the same.
View Quote


Attachment Attached File


@JLPettimoreIII

Got you fam
Link Posted: 9/15/2024 1:49:56 PM EST
[#5]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Inflation is good for stocks.  If you are in index funds you'll probably do well regardless of who wins because at minimum the markets beats inflation unless you have good info on major industry changes it's always a good idea to just stay in index funds.  The only exceptions n being in f you plan on retiring soon.  A bad recession can tank markets for 5-10years but it will always rebound.  If you are looking into retiring in the next 5-10 years you should already be planning or moving out of unstable investments anyways

The average person will get poor but the person invested diversely won't. Land is always good for beating inflation.  That's my preference since I can defend it with weapons. They can't push a button and erase my dirt.
View Quote



Yeah that had always been my take. That and they aren't making it anymore. I have some dollars in good ag land here I think between that and the market I am inclined to buy more land and invest less.
Link Posted: 9/15/2024 1:51:24 PM EST
[#6]
The markets are the markets and will continue to climb until the music stops.

All you can hope to do is be out or retire and have your little patch of ground paid for and preparations made by the time it mostly comes crashing down….if it ever does.
Link Posted: 9/15/2024 1:53:50 PM EST
[#7]
The retail sector with still be strong, because regardless of the economy or who is run the shit show, most Americans love disposable plastic crap made in China.

And....if retail is doing well, then the transport sector is doing well. All those shipping g Co trainers full of crap made by child slave labor needs boats, planes, rail, and trucks to get to Walmart.
Link Posted: 9/15/2024 1:57:54 PM EST
[#8]
PLTR, RKLB, SOFI, PYPL, RDFN has been my strategy for the last several years

I wouldn't be buying some of these at current prices, but I've had a really good couple of weeks. PLTR got accepted into the S&P and skyrocketed and RDFN is a pure rate cut play

RKLB, SOFI, and PLTR I believe are stock picks that will help fund my retirement in 10 years

My RDFN pure play

Silicon Valley No Revenue | Radio On Internet
Link Posted: 9/15/2024 1:59:35 PM EST
[#9]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

No, it wasn't.

Keep in mind it wasn't covid that was the problem, it was the govt. REACTION to covid that was the problem.  Govt. reactions are often the source of our biggest problems.  It's a pattern Ray Charles could see.
View Quote

It's a simple question.  I know what you mean.  So does everyone else.
Link Posted: 9/15/2024 2:02:07 PM EST
[#10]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Inflation will continue to sky rocket one way or another without significant government spending cut backs. Which won’t happen under either Trump or Kumala. Which means billions will continue to get dumped into 401k and other retirement programs.

That means the general markets will continue to grow and trend upwards.  Especially as it looks like interest rates will come down, as the Fed just kicks the can down the road another 4-8 years.


Real estate/property is never a bad investment either.  Just depends on how you view things and your individual situation.
View Quote


This, and it depends on your individual skillset, interests, etc.  For example, Rentals would be great, for some people, but you gotta be a Tough, organized, hard working Hard Ass.    Know your limitations.
Link Posted: 9/15/2024 2:05:24 PM EST
[#11]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

It's a simple question.  I know what you mean.  So does everyone else.
View Quote

What part of "No, it wasn't" was unclear?

The point being, govt. is typically slow to react, but when it does it's often FUBAR.  And that can be an investing (or divesting) opportunity.  Example: In the initial phase of covid, Pfizer was a great investment.

Attachment Attached File
Link Posted: 9/15/2024 2:05:32 PM EST
[#12]
Discussion ForumsJump to Quoted PostQuote History
Quoted:



Yeah that had always been my take. That and they aren't making it anymore. I have some dollars in good ag land here I think between that and the market I am inclined to buy more land and invest less.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Inflation is good for stocks.  If you are in index funds you'll probably do well regardless of who wins because at minimum the markets beats inflation unless you have good info on major industry changes it's always a good idea to just stay in index funds.  The only exceptions n being in f you plan on retiring soon.  A bad recession can tank markets for 5-10years but it will always rebound.  If you are looking into retiring in the next 5-10 years you should already be planning or moving out of unstable investments anyways

The average person will get poor but the person invested diversely won't. Land is always good for beating inflation.  That's my preference since I can defend it with weapons. They can't push a button and erase my dirt.



Yeah that had always been my take. That and they aren't making it anymore. I have some dollars in good ag land here I think between that and the market I am inclined to buy more land and invest less.


Unless you are renting out that land/house, it's an expense every single year until you sell it due to property taxes.
Link Posted: 9/15/2024 2:06:29 PM EST
[#13]
Nothing changes. Time in the market, not timing the market. My portfolio has done great since Biden has been in office. It also did great during Trumps presidency. Lots of ultra rich Democrats in office.
Link Posted: 9/15/2024 2:07:36 PM EST
[#14]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


Unless you are renting out that land/house, it's an expense every single year until you sell it due to property taxes.
View Quote

Some RE is a bad investment.  I have some very rural RE that is worth about the same now as it was 20 years ago, after inflation.  I keep it because it's a great place to shoot & etc., and taxes are super cheap.
Link Posted: 9/15/2024 2:28:49 PM EST
[#15]
My portfolio is heavy with Fidget spinners.
Link Posted: 9/15/2024 2:33:10 PM EST
[#16]
Obviously:
1. Defense contractors
2. Banks
3. Pharmaceuticals
Link Posted: 9/15/2024 2:37:53 PM EST
[#17]
Link Posted: 9/15/2024 2:38:21 PM EST
[#18]
EVLV has been very kind to me.

They make the stupid scanners that we go through that scan for guns and such.
Link Posted: 9/15/2024 7:25:27 PM EST
[#19]
Don't have assets the government knows about.

That's the only way.  "Unrealized gains" means _everything_ you own will be taxed on it's value at the time. You must appear to be poor to the government.
Link Posted: 9/15/2024 9:37:21 PM EST
[#20]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


Unless you are renting out that land/house, it's an expense every single year until you sell it due to property taxes.
View Quote


Good quality land rents between 200 and 250 an acre here. It also appreciates in value faster than inflation. Not the best return but it is an incredibly safe investment.
Link Posted: 9/15/2024 9:47:14 PM EST
[#21]
bottom land in the Willapa valley, in sections.
Link Posted: 9/15/2024 9:58:29 PM EST
[#22]
Precious metals.

Brass

Lead

And the like.



H
Link Posted: 9/15/2024 9:59:48 PM EST
[#23]
Link Posted: 9/15/2024 10:06:44 PM EST
[#24]
If taxes go up a lot crypto, gold and silver will as well.  I don't mean bitcoin only lots of coins
Link Posted: 9/15/2024 10:08:39 PM EST
[#25]
"We're advising our clients to take long positions in ammunition and canned foods"
Link Posted: 9/16/2024 12:15:12 AM EST
[#26]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Inflation is good for stocks.  If you are in index funds you'll probably do well regardless of who wins because at minimum the markets beats inflation unless you have good info on major industry changes it's always a good idea to just stay in index funds.  The only exceptions n being in f you plan on retiring soon.  A bad recession can tank markets for 5-10years but it will always rebound.  If you are looking into retiring in the next 5-10 years you should already be planning or moving out of unstable investments anyways

The average person will get poor but the person invested diversely won't. Land is always good for beating inflation.  That's my preference since I can defend it with weapons. They can't push a button and erase my dirt.
View Quote

The first sentence is right, and wrong.  Allow me to explain.  Inflation triggers the Fed to raise interest rates to keep inflation in check.  Rising interest rates are typically bad for stocks, because higher rates compete with stocks for the available investment dollars.  If rates are high enough, people will seek safety in bonds and CDs that pay a decent return, without the risk associated with stocks.

However...the flip side of that is rising inflation forces people to seek higher returns just to keep up.  People will take more risk in stocks if they can't get enough return on CDs and bonds.

A balanced economy pays a decent return on bonds and CDs for those seeking safety, but it also promises to pay more to those who are willing to take add'l risk in the stock market.

The Fed's Prime Directive is controlling inflation via interest rates (with a target of about 2%), and it tries to create this balance.  It's a tough job in a dynamic, fast-moving economy like ours.

So it's not as clear cut as saying that inflation is good for stocks.
Link Posted: 9/16/2024 12:16:38 AM EST
[#27]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
My portfolio is heavy with Fidget spinners.
View Quote

I'm all in on fidget spinner futures.
Link Posted: 9/16/2024 12:17:02 AM EST
[#28]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Presidents are irrelevant and don’t influence the economy
View Quote



Do you know how I can tell you weren't alive during the Reagan/Carter era?
Link Posted: 9/16/2024 12:29:40 AM EST
[#29]
Link Posted: 9/16/2024 12:33:09 AM EST
[#30]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


the next president will have a record rebound no matter who it is.
View Quote

Based on what?

Were you alive during the Reagan/Carter years?  As an adult, I mean.
Link Posted: 9/16/2024 12:36:14 AM EST
[#31]
Link Posted: 9/16/2024 12:40:27 AM EST
[#32]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


irrelevant data point
View Quote

You made a blanket statement that "presidents are irrelevant to economies".

I demolished your statement by giving just one example.

So, were you alive during Reagan/Carter?  Yes or no.
Link Posted: 9/16/2024 12:50:52 AM EST
[#33]
There needs to be a Pelosi Index Fund
Link Posted: 9/16/2024 1:08:52 AM EST
[#34]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
There needs to be a Pelosi Index Fund
View Quote

We couldn't afford the vig.
Link Posted: 9/16/2024 1:09:52 AM EST
[#35]
Link Posted: 9/16/2024 1:13:59 AM EST
[#36]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
There needs to be a Pelosi Index Fund
View Quote



There's an ETF that invest in the things she releases that she invested in and other politicians. What else she has her hand in nobody knows, at least nobody that isn't in the "know".
Link Posted: 9/16/2024 1:15:15 AM EST
[#37]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
There needs to be a Pelosi Index Fund
View Quote

@jimhoff

Believe it or not, there is. Ticker is "NANC". I'm not kidding.

It hasn't outpaced the S&P500 YTD though.
Link Posted: 9/16/2024 2:43:02 AM EST
[#38]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Just buy index funds.  

Some things actually do better under democrats. Small oil does pretty good when they shut down the federal land.
View Quote

Link Posted: 9/16/2024 4:25:11 AM EST
[#39]
Quoted:
Well money is money and you can't afford to be a child when it comes to financial planing and strategy. So let's talk it out, where is money at risk with Harris vs Trump and where are the opportunities?

If you look at her financial disclosure she and her husband have investments in about 30 passively managed funds, it's a well diversified generic market investment. They have $850k in cash and mortgage at 2.1% for home worth a couple of million. Other than her pay as a prosecutor, AG, and senator she has very little income derived from there sources. In this regard personally she is bit of a wild card.

Obviously she is a socialist so taxes are pretty much a given. Anyone making more than about 50k is going to feel some pain so minimizing your tax exposure as much as possible should be a priority. I think capital gains, investment income, and estate taxes are at risk of increasing. If the D's get the senate too it is almost a given. Tax deferred investments are also at risk, 401k's IRA's but the blowback would be pretty harsh so it hard to gauge how bad it could be. I suspect any one with high income or hug balances in tax deferred accounts has some risk.

My brain goes to real-estate as an option.  Realstate, land and REITs might be a good strategy and before the doom bros all start laughing at me, hear me out. Real-estate is typically a lower margin investment and the there are ample opportunities to defer and shelter taxable income derived from property. It's always been a good long term investment. Land in particular to me is a safer bet. This is where a good REIT could be a vehicle fore those with limited access to capital and credit. Then assuming the 1031 exchange is still a thing ( I think that tax mechanism is at risk under a Harris admin) you have the the freedom to move that capital around and local markets change.  

I am of the option that reducing taxable income on paper and shifting from equities to real-estate and land is safe move.

Thoughts?
View Quote

I cashed out bought gld and moved to the Philippines. Gold and foreign real estate is the strategy I chose.
Link Posted: 9/16/2024 4:31:48 AM EST
[#40]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
food, ammo, suppressors, NV, thermal, off grid property.
View Quote



Horrible advice
Link Posted: 9/16/2024 5:43:14 AM EST
[#41]
Long term food storage. The ability to produce your own, as well.

Ditto for water.

Basic medical stuff for colds, allergies, infections, minor injuries, etc.

After the above, I’d spend something on ammo, batteries, whatever ancillary gear that will help under conditions where the cops ain’t coming to help.

Long term fuel storage isn’t a bad idea either. I’d also look into backup power of some sort, even those small solar panels for charging small battery banks for handheld devices and rechargeable batteries.

With talk of price controls, food/water is definitely the first thing I’d invest in. That shit will never drop in value when folks start getting hungry.
Link Posted: 9/16/2024 6:02:30 AM EST
[#42]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

Based on what?

Were you alive during the Reagan/Carter years?  As an adult, I mean.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:


the next president will have a record rebound no matter who it is.

Based on what?

Were you alive during the Reagan/Carter years?  As an adult, I mean.

Attachment Attached File
Link Posted: 9/16/2024 6:35:58 AM EST
[#43]
0 things will change for me.
Link Posted: 9/16/2024 9:25:11 AM EST
[#44]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

I'm all in on fidget spinner futures.
View Quote


Beanie Babies and warm Candy Pecans is where the future is and the future is now!
Link Posted: 9/16/2024 9:29:00 AM EST
[#45]
Invest in foreign citizenship and a home overseas.
Link Posted: 9/16/2024 9:32:08 AM EST
[#46]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
food, ammo, suppressors, NV, thermal, off grid property.
View Quote


Actually, the land to grow food on, and the machinery to do it with would be a better choice than just stockpiling food.  Sooner or later your stockpile will run out.  If you are living in an area where you have 2 or more growing seasons, you should be good on vegetables and carbs.  An area where you also have several cattle, a sow or 2, and some chickens and you're eating good while others starve.
Link Posted: 9/16/2024 9:54:59 AM EST
[#47]
Ignore anyone who says PM's are a bad investment, they are the same people buying 5% 1 year CD's.
Link Posted: 9/16/2024 10:29:41 AM EST
[#48]
The only investment strategy I think my wife and I will employ is keeping more than 12 months of expenses in cash.

Might bump it up to 15 or 18 just for a bit more cushion in case we both end up hating our work for any reason.

I won't lie though, I am hoping for a little dip in October or November to buy in big once we sell our old house.

I want to shove McLaren money into the brokerage account.
Link Posted: 9/16/2024 12:09:48 PM EST
[#49]
Discussion ForumsJump to Quoted PostQuote History

Yup.  Paul Volcker was actually nominated as fed chair by Carter in 1979, and he was re-appointed by Reagan.  Volcker CRUSHED 70s-era inflation with his monetary policies, which included large interest rate increases.  However, the side effect of this was a recession in the early 80s.  Regardless, the economy recovered and went on to post new growth.  Even Ron Paul gave him some credit.

Unfortunately, Volcker could do nothing about govt. spending, which is the primary source of inflation.

And who nominates the fed chair?  Why, it's the POTUS.  This blather that POTUS is irrelevant to the economy is ignorance on stilts.

True story: I bought my first home in the early 80s.  The mortgage interest rate was 12%.  Under Volcker.  And I was OK with that.
Link Posted: 9/16/2024 12:11:45 PM EST
[#50]
invest in brass, lead, meal preps, water filtration and body armor.
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