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Opinions & Editorials Discuss 7 ways a recession could be good for you financially at the General Forum; We're ONLY in one of the worst economic situations in the history of this country, but it's not THEE worst, ... |
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![]() We're ONLY in one of the worst economic situations in the history of this country, but it's not THEE worst, so "Chin up!" you stupid people!!!...
![]() 7 ways a recession could be good for you financially Quote:
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Stocks, IRA, etc.. I have enough in secure savings to buy more real estate if and when housing prices tank. Otherwise I will have to wait until my stocks hopefully rebound in a few years. I should be retired now at 63, but that will have to wait until I have regained some of my losses. I feel very fortunate that we pulled enough money from our investments to pay off our vacation home. That made this bitter pill easier to swallow. That was the only debt we had, so things could have been worse.
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Political Correctness, is Fascism masquerading as manners - George Carlin. |
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![]() my daughter bought low and sold high in one of the hottest markets in the country. her husband retrained for a different job in a similar field and they bought an RV also do air b&b's when he travels. Currently they're just waiting on the market to fall in an area they like and is centrally located to the type of work he does. they weren't failing but just bored and adventurous.
![]() meanwhile I see a labor shortage around here everywhere.
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![]() From 5 days ago... ![]() ![]() Stock market losses wipe out $9 trillion from Americans’ wealth Quote:
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"You get the respect that you give" - cnredd |
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![]() Once again, you display a complete lack of understanding of the economy and how everyday people interact with it. Since Biden has been elected, I have lost well over $100,000 in my investments. As I have still a few years from retirement, (even more now thanks to the tomato can that sits in the White House) I can hope that these Left-wing loonies are voted out of office and some sanity is introduced into the policy-making before my retirement, giving my investments time to recover.
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To argue with a person who has renounced the use of reason is like administering medicine to the dead - Thomas Paine A lie doesn't become truth, a wrong doesn't become right, and Evil doesn't become good, just because it is accepted by the majority. - Booker T Washington |
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![]() Over half of US households are invested in the stock market, the most popular means is through mutal funds. The 401K has encouraged many Americans to invest in the stock market.
https://usafacts.org/articles/what-p...ans-own-stock/ People watch their 401K balances closer than their children's Internet usage. It's going to be nigh on impossible to convince them their losses are a good thing because the rich suffer more. ![]()
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If Democrats were confident their nominee actually received more than 80 million votes they wouldn't have more troops occupying Washington, DC than Lincoln had defending the city during the Civil War. Not Joe Biden, Kim Jung Biden. ![]() |
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It's kind of like saying, "only rich people have jobs"
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