How Will Your Life Change if..........

[George K]

@Doctor-Phibes said in How Will Your Life Change if..........:

Since you bring it up, let's look at that, okay?

Link to video

[xenon]

@George-K yeah - he probably wasn't making fun of the disability. It's just that he routinely makes fun of people as a 12-year old would.

[Jolly]

Dead certainties if Biden is elected...

1. My taxes will go up.
2. My Second Amendment rights will be infringed.
3. My slide into second class citizen - since I am Caucasian - will be accelerated.
4. My state's economy will be severely impacted as Biden chokes down the oil and gas industry.
5. My next car will cost a good bit more, as Biden tightens fuel standards.
6. Most importantly, the country's laws will continue a leftist shift, as Biden nominated activist judges to the bench.

[Kincaid]

@taiwan_girl said in How Will Your Life Change if..........:

How about you guys? How will your life change?

1. I am worried I will have to work longer if my retirement savings go in the toilet.

2. I am worried that in my last 20-30 years on this earth I will have to go to re-education camp.

[taiwan_girl]

@Kincaid I know history is not a prediction of the future, but why do you think #1 is worrying ? There was an interesting discussion a week or so ago on this. My statement was that historically, on average, measures of the economy did not show a major difference between Presidents. In fact, historical stock market returns are higher under Democrat’s than Republics.

The US system seems to move Presdients to the center.

[Doctor Phibes]

There's no way they'll bother re-educating Kincaid at his age. It's the soylent green farms for him.

[Larry]

@taiwan_girl said in How Will Your Life Change if..........:

In fact, historical stock market returns are higher under Democrat’s than Republics.

Do you know why? Hint : it's not because a Democrat got in office...

[taiwan_girl]

@Larry said in How Will Your Life Change if..........:

@taiwan_girl said in How Will Your Life Change if..........:

In fact, historical stock market returns are higher under Democrat’s than Republics.

Do you know why? Hint : it's not because a Democrat got in office...

???

[Kincaid]

@Doctor-Phibes said in How Will Your Life Change if..........:

There's no way they'll bother re-educating Kincaid at his age. It's the soylent green farms for him.

[Kincaid]

@taiwan_girl said in How Will Your Life Change if..........:

@Kincaid I know history is not a prediction of the future, but why do you think #1 is worrying ? There was an interesting discussion a week or so ago on this. My statement was that historically, on average, measures of the economy did not show a major difference between Presidents. In fact, historical stock market returns are higher under Democrat’s than Republics.

The US system seems to move Presdients to the center.

The bear markets and the great recession might not care what president is at the helm, but I am in a place where if another 2008 followed by another "Obama" recovery happened I would be living very poor indeed in 10 years. IIRC, it took about 6 or 8 years for my 401k to get back to where it was in 2008 after it was cut in half or worse.

Also, it seems to me the timing has just been unlucky for Republican Presidents. If 9/11 had happened in the last year of Clinton's presidency, if the dot.com boom had ramped up a couple years later, if Clinton's policies hadn't overheated the housing market setting up the 2008 fall...

[George K]

@Kincaid , my guy at Fidelity says that, in the long run, the markets don't care about who's in the office. What they care about is 1) stability, 2) predictability.

If they can know what's going to happen, they can deal with it. If they can't predict, they hope it stays the same.

Don't know if that's totally true or not, but it makes sense.

[Kincaid]

I am concerned where the Nat'l debt will be after this next stimulus AND where will Joe take us. He has promised a lot of expensive programs. Eeek.

[Larry]

If Biden wins I'm going to sell everything while people can still get money.

[xenon]

@Larry said in How Will Your Life Change if..........:

If Biden wins I'm going to sell everything while people can still get money.

I think you predicted the same thing at the bottom of the “Obama market”

[Larry]

We haven't finished digging out from under the damage Obama did yet.

[xenon]

@Larry said in How Will Your Life Change if..........:

We haven't finished digging out from under the damage Obama did yet.

True - at least we’ve almost paid the debt off.

[Doctor Phibes]

We're still paying for Iraq,.

Some people paid quite a bit more, obviously.

[Larry]

You both are missing the point. I'm not talking about money.

[taiwan_girl]

@George-K said in How Will Your Life Change if..........:

@Kincaid , my guy at Fidelity says that, in the long run, the markets don't care about who's in the office. What they care about is 1) stability, 2) predictability.

If they can know what's going to happen, they can deal with it. If they can't predict, they hope it stays the same.

Don't know if that's totally true or not, but it makes sense.

Agree 100%. At the other forum board, I mentioned that I had one time had a conversation with the head of PTT organization in Thailand. This is a global Fortune 100 company. We were talking about oil prices and politics and how they affect business. And he basically said as George says - stability is more important than the actual who is in power.

If they have a sense of that the next future years will be the same as the current, that is most important.

[Jolly]

Tell therefore guys in the oil business about fracking.