Ron_Artest

I don't love my job, but I don't hate it either. Offers me lots of perks and a generous salary. Plus looking for an IPO within the next few years which would give me lots of cash. The point is, you look silly laughing at people that choose to work for various reasons. I'm only 52 and in great health. Planning on many more years.

OK, so what is funny about being undecided on what is next in my life when there are so many variables?

Update? Oh the Agg is at 3.72 YTD. https://www.morningstar.com/etfs/arcx/agg/performance

Why are you raging that I don't know what I want to do for the rest of my life? I have 3 kids, all in college right now, spread out, don't know where they want to spread their roots. Aging parents that need care. My wife and I are undecided on what we want to do or where we want to be. I could retire tomorrow and move down south and do whatever but that doesn't appeal to me right now. Why is this difficult for you to understand? Well you can't even a prospectus so maybe I have my answer.

GDP grew more in Biden's last 2 years than so far in Trump's term so stop with the gaslighting about Trump good Biden bad. Looking at this number, imports pretty much stopped due to the on and off tariffs which made the number look better. Consumer spending was tepid, down from a year ago.

For the smooth brains up in here, I CONDEMN on the most strongest way possible BOTH Democrats AND Republicans for engaging in gerrymandering. Are we clear?

I said it's all so corrupt. Do you understand what "all" means?

https://nypost.com/2025/07/30/us-news/mystery-orange-shape-spotted-near-jeffrey-epsteins-jail-cell-night-before-his-death-report/ Orange shape? Must be Obama in a trump mask. Where's Matt Taibbi?

It would be nice if politicians had ethics and didn't engage in insider trading but since they don't, we kinda need bills like this. Republicans cried about pelosi for years but they won't put up when called to do so. Not shocked at all.

You sign a plea deal before you plead guilty It was 2007. WLRN https://share.google/KDk9pxDFPbYSuDcI3

I agree that Powell is doing the right thing. Economy is cruising, inflation looks ominous, smart not to lower rates at this time. It's just strange to root for higher rates to help your savings account. 4% isn't even all that high historically like you said. I had a large amount of cash for about 6 months in the late 90s and remember getting over 6%. But this was only until I invested it in other places. Market returns will be higher. Besides at 4% you're really only at 1.3% with inflation at 2.7%. if inflation spikes and the economy is still doing well we could see higher rates which again wouldn't be anything to cheer since inflation erodes your cash savings.

Burn bags

Bro has a mil in a savings acct

BND - Vanguard Total Bond Market ETF https://share.google/c4oYcgV1NMJZoQA1R Can you even read?

BND is up 4% ytd dummy.

Depends on the type but generally higher than a savings account.l, greater than 4%

Well I'm glad I could teach you the difference between a high yield savings account and fixed income and how fixed income responds to rate changes

It's a nice consolation prize but your money should be in the market, except for emergency fund. I have a good chunk sitting in a high yield right now getting 4.3%. I also know that if rates go down that my fixed income and equities will rise in my investment accounts. I would rather those accounts increase than my emergency fund.

Fixed income is great, bonds are great. But it's not a high yield savings like you talked about. The price of bonds is inverse to the rate. So when rates go down the prices of bonds go up and vice versa. Also there are times when both equities and bonds go down like we saw in 2022 when rates were rising. We could see the same thing next year if tariffs don't go away and take hold. But again, it's a not a guaranteed 4% like you get in a high yield savings account which is what you're giddy about.

Well I'm the one that is here. I presented the fact that the EU framework is non binding, and I challenged RLLD and you to respond, and you can't. There are no links to dispute my points, they don't exist because I am 100% right, so go off and cry about it.

So if China said tomorrow they are buying Eleventy Billion dollars worth of US Made cars, you would be beside yourself about the huge win and praise Donald

Of course I understand rebalancing and equities/fixed income portfolio. But you're talking about being happy getting a guaranteed 4% in a high yield savings account. That's not what investors do with their money nor should they be happy getting 4%. If/when the fed lowers rates, valuations should go up, more than 4%.

Enjoy your 4% sitting in cash bruh. Real big swinging d1ck you got When money becomes cheaper investment follows and markets go up. You should be invested in the market not sitting in cash getting 4%. Aren't you the guy that keeps accusing me of going cash and missing out on the market? Now you're happy in cash? bruh.

So you're going to call me economically stupid, yet you can't rebut anything I said about the EU deal which destroys your narrative that it's a masterclass and a huge win. Thanks for playing. I've gotten better debate from children.