The real reason for the tariffs

[Del.]

Yea, I don't know.  Should they have been smarter than that?

It's just what I thought was best for me and the wife. Some people are bigger risk takers than me.

[neurosis]

It's just what I thought was best for me and the wife. Some people are bigger risk takers than me.

I'm not sure that a lot of people understood the risks until a few weeks ago.

You sound a lot like me when it comes to risk. I'n not a risk taker either.  When I get close to retirement I'm going to start looking for a low risk retirement plan.

[Del.]

I'm not sure that a lot of people understood the risks until a few weeks ago.

You sound a lot like me when it comes to risk. I'n not a risk taker either.  When I get close to retirement I'm going to start looking for a low risk retirement plan.

I usually imagine the worst and react to that

[CNCAppsJames]

You and I have some time to make up the difference.  There are some people retiring or are already retired that might disagree with us while they watch their life saving evaporate. 

As I said, the students have spent the dough on a couple decades worth on proverbial hookers and blow and they believed the lie the bill would never come due. Unfortunately the laws of physics are still in effect.

I am under no such delusion. I will work until I am dead and I've made peace with that.

[neurosis]

As I said, the students have spent the dough on a couple decades worth on proverbial hookers and blow and they believed the lie the bill would never come due. Unfortunately the laws of physics are still in effect. 

Are you saying that the boomers sold us down the river? (joking)

All I can say, is I didn't vote for any of this.  I've got a clean voting record and conscience when it comes to this. And I'm going all the way back to Bush when I say that.

[neurosis]

what I mean by that, is that I've never voted for the lesser of two evils. The lesser of two evils, is still evil. If both parties are trash I'll vote 3rd party or write someone in. Ahh fuck. Is that how I got labeled a fence sitter? 

[CNCAppsJames]

Your conscience may be "clean"... regardless, you're still picking up the turd by the clean end. We all are.

Here's the concerns, potential issues and fantasies. Pretty interesting read looking back. Nearly ALL the things many of us worried about came to pass. Some of those shitbirds (on BOTH sode of the aisle) are still in office I bet.

https://www.nytimes.com/2000/05/25/world/china-trade-vote-clinton-triumph-house-237-197-vote-approves-normal-trade-rights.html

[mkd]

You and I have some time to make up the difference.  There are some people retiring or are already retired that might disagree with us while they watch their life saving evaporate. 

Stocks are simple. But not easy. They are simple in that you buy a piece of a business and the business does well over time, so will the stock. But not easy, because emotions get in the way. Many people are simply not temperamentally equipped to own equities

Warren Buffett ^^

Sequence of returns risk is a real thing. So is a long term perspective. Losses early in retirement can have a profound effect over a 30 year retirement.
 As long as fiat currency of your favored country gets inflated away, stockS will go up and to the right over time. Even better for quality companies or ETFs.
 I lost a comma in this drama but in 5 years hopefully it'll just be a blip.

[mkd]

So what's the running tally of countries that are begging to make a deal with Trump on trade?
 50?
70?

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[mkd]

I am under no such delusion. I will work until I am dead and I've made peace with that.

I've told myself that lie too. Unfortunately employers and reality have other plans

[Jeff]

The REAL reason for the tariffs:

https://www.usdebtclock.org

[Jeff]

And then of course, the "experts" on MSNBC say tariffs aren't needed.
How can ANYONE take these morons seriously?

Oh and some added eye candy at 1:55

[Jeff]

[mkd]

It's just what I thought was best for me and the wife. Some people are bigger risk takers than me.

You can stop playing once you've won. Sleep well at night.
.
That being said, heavy stock portfolios historically afford higher returns. The 4% withdrawal rate rule is based on classic 60/40 stock/bond allocation.
 As you age sequence of returns risk goes lower and lower which makes the case for increasing stock allocation.
 If I was retired right now and 100% bonds I would be building stocks up with surplus funds to hedge against longevity and inflation risks.
 Everyone is different. A straw hut in south America is my retirement plan. $1000/mo.....

[beej]

Everyone is different. A straw hut in south America is my retirement plan. $1000/mo.....

and the upside is you have almost no chance of outliving your savings there.