Dow futures collapsing

Oh man, I try my best to find funds available to me heavily weighted with Amazon, Microsoft, Apple, Google and Nvidia.

Unfortunately, there is not the perfect one but I feel like I have my 401k close to SP500 performance-wise.

 

Ya that sucks... Too bad he asked for the problem first and then later said oh just joking. Come on man he is on VIDEO saying it and expected people not to take the invite.

And since then there has been almost no policy to deter people from coming. When Texas tries to make a point of crossing harder, Biden has done everything he can to make those attempts fall apart in court.

Regarding the 5.1 billion dollars, I don't know much about this so can't comment on it. I did briefly look into CAF where they list their projects but I don't see where you can look into each project. All you see is the name, location, and fund amount. Sorry, I don't trust gov funded projects but I do like the idea of this so hopefully this is a big reason why we are starting to see a slowdown. Personally, I think it's just that anyone who was going to come, likely has already done so or tried.

 

I'm 60 and still am pretty heavy in stocks, Maybe 70% with the rest in bonds and a little cash. Turns out I overestimated our retirement spend and we can live almost entirely on my military pension so the swings don't bother me a bit.
Probably need to up my spend but don't need anything and we've already did three big trips this year and a couple more planned in September.

 

The border is a FED issue. It's in the Constitution. What Texas was doing was clearly unconstitutional and dangerous. It also prevented potential legal crossing, as anyone entering and surrendering to ICE while asking for asylum isn't breaking any laws. So Texas was also breaking international law.

It's also not true that more don't want to come. Still plenty of undocumented at the border. And will be in the future. We've also never had a secure southern border in our history. Ever. The best we ever had was the Bracero Program that allowed working immigrants to pass legally.

As for Harris' C. American private funds secured, it wasn't all in one chunk. And while the total is a decent amount, it's nowhere near the total investment needed. And doesn't help countries like Venezuela, which is sending more migrants today than a few years ago.

 

I’ve seen 40% on income of over $400k, where is it mentioned tax of 40% on capital gains?

 

That is a great life and one you earned. I hope to be in the same boat. I won't have a pension to live on but I hope to have enough properties rented out plus all of my investments paying out dividends to travel like that.

 

You can see all of Biden's proposed tax increases here. Biden Calls for Doubling Capital Gains Tax

To be fair, I'm not sure if Harris has adopted his platform. Has she provided an updated one?

 

You should talk to my wife. After multiple vacations abroad we still have more $$ than when we retired a few years back and certainly more than I budgeted for at this point. We are well under 50% in stocks, she hasn't taken SS yet and I sleep just fine, yet my wife worries that we will be in the poor house one day.

 

Sounds like my wife expect for when it comes to vacations. She is tight on anything else I would like to spend money on. Granted I’m no where near retirement so I’m sure that’s a different type of feeling.

 

My advice FWIW is to involve your spouse in as many financial decisions as you can as early as possible.

 

The proposal is 40% on realized cap gains over $1 million. The vast majority of people would never be subject to it.

 

He “tried” like he “tried” to replace Obamacare - he didn’t. It required work. Work that Biden did. Work that Trump didn’t. That’s why Biden had a bipartisan plan and Trump had none.

How many times will you fall for Trump saying he will do something when he doesn’t?

 

Guess you completely missed the link in which the Mexican president agreed to help with migrants in June of 2019

https://www.npr.org/2019/07/13/7400...-immigration-enforcement-to-meet-trumps-terms

Funny enough, numbers quickly started to fall right after this agreement. Guess you’ll try to tell me migrants knew Covid was coming in August of 2019 or this was just a coincidence


https://www.cbp.gov/sites/default/f...nthly Apprehensions (FY 2000 - FY 2019)_1.pdf

2019 chart is the last one.

 

Still doesn’t make it right.
If you have a surplus and a huge heart to give to the government…please do so but do not force others to waste their money as you do.

 

Crossings are seasonal. You see how they go up and down every season? The point is the peaks are higher than every other year and the lows are higher than every other year in 2019, even June. Every year the peak is May and falls in June… Did Trump call Mexico every June including under Obama and Biden?

Even with Covid 2020 was higher than 2017 and 2018. Nice one.

 

Ah, they just choose to ignore details and facts. It’s likely they don’t understand charts, etc.

 

Ya see how he tried to say it's seasonal? Except we have eyes and 19 years' worth of charts to view to call out that BS.

Some years saw a winter spike, some years saw a spring while others saw a fall. You don't have to take my word for it, all 19 years are in 1 PDF.

Anyhow, let's completely ignore the fact Mexico in June 2019 agreed to help, and then the very next month, well under 20k less than the last 3-month average. What we know is there was not a spike like that in almost a decade. Trump acted quickly to work out a deal with Mexico before it got worse.

I'm sorry Citygator but sometimes man your bias completely blinds you from any real critical thinking or observation.

 

Thanks. I gave a lot to the Navy and they gave a lot back including a three year "tour" at the University of Florida.

 

My military retirement pension doesn’t kick in until 58 years old since I only did half of my years on active duty. I wonder if it will cover much expenses at the inflation levels we will be at in 2036. Good thing I did a whole lot of retirement investing on the civilian side.

 

Military retirement gets the same COLA annually that SS gets.
That retirement and my HD stock made all the difference in the world. Also, tricare for life. Always living well below ours means was also key, with our biggest line item being travel and not spending money on stuff.