So if you sold US government bonds, where would you put the proceeds (after taxes!!!). My bond fund is full of car loans. My S&P fund is at an all time high. People are struggling and that has to trickle down to everyone. I do own some international fund that has been doing well as money flees. Though some of those indebted countries scare me.
No I'm interested to see what others think. Ya know...the open mind thing also know as I don't know it all.
When I retired, I split my 401 K into three parts: Found a single graph with both scales: 1/3d gold stock, 1/3d ARC, and 1/3d TSLA After six months, moved the least performing to highest performing After one year, moved the least performing to highest, 100% in TSLA In 2021-22, second wife began refurbishment of house In 2024, Elon became visibly distracted and TSLA products failed to advance Converted 30% capital gains taxed TSLA to 30% tax credit solar roof Last month, saved $130, tax free, cost avoidance Hindsight is always 20/20 but there was no way to predict a second doubling of thee TSLA stock. Had the election gone the other way, I suspect that second doubling might not have happened. Regardless, from "no dividend" taxable income to non-taxable, cost avoidance is a problem I can live with. Bob Wilson
Having come a long way from poverty/parents that struggled, it's pretty depressing to see how a million dollars during youth (pre 1974) now has the purchasing power of a measly $160,000. That's not even ½ of what's needed to live in many bay area California neighborhoods - to the shame of both parties. Nixon for taking us off the gold standard & dems for ramping up vietnam, causing the deaths of ~1,000,000 people - not to mention the huge cost of dropping over 7 million tons of ordinance. We crumble, just like rome.