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25
posted 1 year ago by derjudenjager on scored.co (+0 / -0 / +25Score on mirror )
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49 comments:
22
GoldenInnosStatue on scored.co
1 year ago 22 points (+0 / -0 / +22Score on mirror ) 5 children
Boomers are going to suffer greatly, which always brings me joy.
13
WeedleTLiar on scored.co
1 year ago 13 points (+0 / -0 / +13Score on mirror ) 2 children
Meh, most of them will have put their money in bonds and other guaranteed return vehicles by now.

As much as I wish this were true, the timing is perfect for them. They've sold their houses before the bubble burst and are now sitting on cash. The only thing that will screw them is inflation, which Trump is doing his best to prevent.
ApexVeritas on scored.co
1 year ago 4 points (+0 / -0 / +4Score on mirror ) 1 child
I've heard other people mention this. What is Trump doing that will prevent inflation, and how will it do that? From my understanding, going after economic changes, without fixing banking, will only serve as a bandaid solution.
HerrBBQ on scored.co
1 year ago 5 points (+0 / -0 / +5Score on mirror ) 1 child
Inflation is caused by creating new money, which can either be the Federal Reserve literally printing money and handing it out to people, as in 2020, or it can be banks extending more credit to people, artificially adding more money to the economy. Obviously, when interest rates are low, people are more likely to take out loans, which "creates money" in the second way, and they are less likely to put money into any kind of saving account since those won't bring significant returns with low interest rates, which limits the amount of money being restrained from being spent.

Trump and the Federal Reserve are seemingly tackling both these angles: they're avoiding handing out money to people (the DOGE stimulus checks are not going to happen; they know it would be inflationary), and they refuse to drop interest rates. Simultaneously, thousands of federal employees being laid off should actually depress consumer prices slightly which will be offset by the implementation of tariffs, which would hopefully also stimulate domestic industries to create good jobs for Americans. Maybe this is all a well-planned thread-the-needle effort to transform the economy long-term without hurting it much in the short-term. But there is going to be a lot of public pressure to engage in inflationary actions, like lowering interest rates, because people want things that feel good in the short term. I guess we'll see if they can resist this pressure and if their plans are actually successful.
ApexVeritas on scored.co
1 year ago 2 points (+0 / -0 / +2Score on mirror ) 1 child
I'm aware of that aspect, that low interest rates spur spending (economic growth) and depress saving (economic stagnation). However, Trump's policies are tanking the global economy (not necessarily a bad thing), which will lead to weak economies, and since (assuming Trump is being honest) Trump wants to improve the U.S. economy, wouldn't he want lower interest rates to improve the economy?


I'm absolutely fine (and advocate) for U.S. manufacturing to come back to the states, but my main criticism with how Trump is doing it is that it's too much too fast. It's taken us (the globalist jews) years to shift our manufacturing base overseas. It's going to take years to bring back manufacturing, and in the mean time all Trump is doing is just increasing prices on everything, which will exacerbate the problems of rampant inflation we're already seeing, where people can barely afford to eat and pay their bills. And, the next president that comes in can just undo everything Trump does, because most of the manufacturing plants won't be done before Trump's term ends.


Furthermore, the U.S. government operates at insane massive deficits, and that hasn't changed. The government hasn't been run off of taxation for a long while now. Taxation (or tariffs) can't fund the spending of the government. The government is being run off of money printing, usury, and fractional reserve banking. It's fake money from top to bottom. If that isn't fixed, nothing Trump does matters, because we're still going to see banks print infinity money, and we're still going to see inflation. If the economies tank, we'll definitely see less inflation (that we'd normally see otherwise), because reduced spending will reduce money circulation, which will reduce inflation, but we'll still see inflation necessarily because of the money printing.


This is what I don't see an answer to, and why I asked what I did above. It feels like there's something else going on that I can't quite put my finger on, and no one that's argued the pro tariff side (again, I don't necessarily disagree with it) has thus far adequately explained this.


Don't forget that the people in power regularly tank economies so they can destroy their competition (smaller businesses) and buy up assets on the cheap. They did this during Covid, and it was a several trillion dollar wealth transfer from the working poor/middle class to the rich. The laws helped push this, too, as they closed down small businesses while funneling people into larger businesses, which had the government on their side, and had the money to survive the economic downturn.
ValuesLiberty on scored.co
1 year ago 1 point (+0 / -0 / +1Score on mirror ) 1 child
Economic slowdown. Less demand for fuel. Fuel prices go down. Fuel prices is what drives inflation.
IGOexiled on scored.co
1 year ago 1 point (+0 / -0 / +1Score on mirror )
The tariffs shield us from price increases by foreign inflation, such as Estonia's 5% last year, by price-fixing the amount of cost allowed to be passed to the consumer we can avoid feeling the sting of Europe reeling from its own covid and immigration policies.

"Tariffs".
derjudenjager on scored.co
1 year ago 2 points (+0 / -0 / +2Score on mirror )
Agreed.
TakenusernameA on scored.co
1 year ago 2 points (+0 / -0 / +2Score on mirror )
And jews, Trump might have accidentally started total war on (((Wall Street))).
bobbacringo on scored.co
1 year ago 1 point (+0 / -0 / +1Score on mirror )
Most boomers should have their investments switched over to bonds by now.
IGOexiled on scored.co
1 year ago 1 point (+0 / -0 / +1Score on mirror ) 1 child
As some sort of X/millennial, if you diversify your shit everything's still peachy. Gold went up 50% so if you have the age-old recommended 10% of your portfolio in metals, the +1.5*.1 beats the -.05*.9 from the probably temporary decline. Also if you have spare cash, since the dollar strength is mediocre, you can throw more into your favorite stocks while they're on sale.
IGOexiled on scored.co
1 year ago 0 points (+0 / -0 )
Peachy.
11
RealWildRanter on scored.co
1 year ago 11 points (+0 / -0 / +11Score on mirror ) 2 children
I took my money out two days after Trump started implementing the tariffs. Everybody called me crazy. Who's crazy now?
11
WeedleTLiar on scored.co
1 year ago 11 points (+0 / -0 / +11Score on mirror ) 1 child
You still had money in?

I took mine out during the Freedom Convoy and never looked back.
RealWildRanter on scored.co
1 year ago 4 points (+0 / -0 / +4Score on mirror ) 1 child
Yes, and I did make a killing since you left. I might be getting into this again before this correction ends. The big one will happen towards 2028. Disclaimer: this is not financial advice; do your own homework, and never trust kikes.

PS: ducking autocorrect kek
WeedleTLiar on scored.co
1 year ago 1 point (+0 / -0 / +1Score on mirror ) 3 children
Fair point, but made it on what? Stocks? Giving money to kikes to buy up businesses and liquidate them?

My Dad keeps going on about how he wishes he'd invested in the company that owns my apartment building when he had the chance because they were paying 10% interest on $100,000.

But they're literal slumlords.

Is it worth making money if it means supporting the very people tearing down your own people?
RealWildRanter on scored.co
1 year ago 1 point (+0 / -0 / +1Score on mirror )
No, it obviously makes no sense giving money to jews or the government. I invest in stocks, and my strategy is very simple. See what the market cargo cult is pushing, don't invest in that. Instead invest on the suppliers to build these things. For example, if the market pushes AI, don't buy software AI stocks, buy hardware instead which is the infrastructure needed by all the different companies to run their crapware. Another strategy is to outsource your market research. Go to an investment bank or a pension fund, jewish businesses here are fine, remember you're the one jewing them kek. Say you have 500K to invest, and let them do their sales pitch. Ask questions to see what industries they invest, and go for their competitors. For instance, imagine they show you charts of how much they've made for their clients in green energy, you reply cool, and invest in oil not with them, but by yourself. If you go this route be careful to change your stories and names because these fuckers talk to each other. Another that I don't do personally, but lots of people make a ton is by following politicians and their families trades. Once you picked your stocks do the due diligence and read their financial statements just to make sure you're not buying junk, then sit on it, and watch for market cycles. Of you don't do anything else besides investing you should get into day trading, but that is beyond my scope.
systemthrowaway on scored.co
1 year ago 1 point (+0 / -0 / +1Score on mirror )
At the end of the day they're going to do it unless someone physically stops them, any money the average pleb invests is negligible. The entire economy is fake, jews literally just print money and distribute to companies that hurt White people--if you can find a way to intercept a little bit of that money to help your family there's nothing wrong with that. Same reason I'm happy keeping my family on welfare; in a real economy it would be immoral, but in this fake jewish economy nothing you do really matters.
ImBillCurtis on scored.co
1 year ago 0 points (+0 / -0 ) 1 child
Boomers do not care about their progenies suffering if it means they profit
HEXEN on scored.co
1 year ago 1 point (+0 / -0 / +1Score on mirror )
> Is it worth making money if it means supporting the very people tearing down your own people?

No. This is why I personally exited.

It's not clever or wise to hide slave labor in one part of the world under marketing and branding in another.

Most of my earnings in the market were with semi conductor companies. Once AMD went over $120, I sold a lot off.
deleted 1 year ago 0 points (+0 / -0 )
Tourgen on scored.co
1 year ago 9 points (+0 / -0 / +9Score on mirror ) 1 child
it's just started. going to be a ride this year.
ReeeeeMan420 on scored.co
1 year ago 1 point (+0 / -0 / +1Score on mirror )
make sure to grab some popcorn… this year will will be a major fever dream.
removed 1 year ago 7 points (+0 / -0 / +7Score on mirror ) 2 children
WeedleTLiar on scored.co
1 year ago 4 points (+0 / -0 / +4Score on mirror ) 1 child
Yup.

There was a time where, if I had worked my ass off and sacrificed my family, I could have bought a house.

If I had, I'd be sitting in massive debt looking at an uncertain job market and I wouldn't even have my family backing me up.

Sometimes things work out, even if it doesn't seem like it at the time.
removed 1 year ago 0 points (+0 / -0 )
deleted 1 year ago 1 point (+0 / -0 / +1Score on mirror ) 1 child
removed 1 year ago 1 point (+0 / -0 / +1Score on mirror )
ValuesLiberty on scored.co
1 year ago 5 points (+0 / -0 / +5Score on mirror ) 2 children
What is great about investing in goats is if the market really does tank you just eat them.
derjudenjager on scored.co
1 year ago 4 points (+0 / -0 / +4Score on mirror )
You have a solid business plan. I am fucked.
GloboHomoErectus on scored.co
1 year ago 2 points (+0 / -0 / +2Score on mirror ) 1 child
If you have enough genetic diversity to keep the herd going forever, yes but most people will be isolated with 4-5 goats and no way out of cousin fucking freaks being born within a few generations.
ValuesLiberty on scored.co
1 year ago 1 point (+0 / -0 / +1Score on mirror )
It will take more than a few generations for freaks. I knew a guy once who used the same buck for 15 years and his goats looked amazing.
deleted 1 year ago 5 points (+0 / -0 / +5Score on mirror )
DragonsDontEatSoy on scored.co
1 year ago 4 points (+0 / -0 / +4Score on mirror )
Splendid.
ImBillCurtis on scored.co
1 year ago 3 points (+0 / -0 / +3Score on mirror ) 2 children
I remember talking to a guy 2 years ago during a 401k) open enrollment period.
I looked at the performance of the 25 or so funds we had an option to invest in. Only 2 had a positive return since inception date.
Those 2 funds were down 15% YTD.
I told my team you’re safer just not investing.

“Well hopefully it’ll go back up. I’ll max out 6% anyways”
Literal retards
BeefyBelisarius on scored.co
1 year ago 1 point (+0 / -0 / +1Score on mirror ) 1 child
>I’ll max out 6% anyways” Literal retards

Sounds like your company does some sort of match. Depending on how much of a match they give, he could be effectively getting shares for half price, which would change the calculation a bit.
ImBillCurtis on scored.co
1 year ago 1 point (+0 / -0 / +1Score on mirror ) 1 child
Not really. Dumping money into a fund while it’s losing money is the opposite of what anyone should be doing.
bobbacringo on scored.co
1 year ago 1 point (+0 / -0 / +1Score on mirror ) 1 child
It seems that way at first. I don't need a 401k but it's just another thing to invest in. I watched the thing lose more and more money for a year before going to complete opposite direction.
ImBillCurtis on scored.co
1 year ago 1 point (+0 / -0 / +1Score on mirror ) 1 child
… so you threw money away for years before it broke even..
bobbacringo on scored.co
1 year ago 1 point (+0 / -0 / +1Score on mirror )
Yes and no. You're still buying shares. The more the market sinks, the more your money buys. So when it rebounds you make more off of it.
systemthrowaway on scored.co
1 year ago 0 points (+0 / -0 ) 1 child
As a zoomer I don't even think about a 401k, retirement plan, etc. I highly doubt the USD will even exist when I'm 65. Just give me my money now and I'll use it as best I can.
ImBillCurtis on scored.co
1 year ago 1 point (+0 / -0 / +1Score on mirror )
I don’t at all. I’m tail end millenial and still trying to keep my head above water
Snopesdotcom on scored.co
1 year ago 2 points (+0 / -0 / +2Score on mirror )
how will this affect the price of eggs?
systemthrowaway on scored.co
1 year ago 2 points (+0 / -0 / +2Score on mirror )
Hehe, being a poor zoomer with no stonks definitely feels good sometimes.
detransthrowaway on scored.co
1 year ago 2 points (+0 / -0 / +2Score on mirror )
Don't be a Panican.
deleted 1 year ago 2 points (+0 / -0 / +2Score on mirror )
the-new-style on scored.co
1 year ago 1 point (+0 / -0 / +1Score on mirror )
Meh. Look at the 5 year chart not the 7 day
TINY_HAT_MAFIA on scored.co
1 year ago 0 points (+0 / -0 )
lol. i bought dips. my frens all crying they didnt buy enough.

now its all green again.

fucking faggotry; lols

muh crash! drumpf... LUUUUUUUUUUUUUUUUUULZ
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