2025

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Quote: The Fountainhead by Ayn Rand as a follow up was pretty good also. Gird one's loins though...they are lengthy.
It was required reading in architecture school.
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I saw this quote on a different forum which sums it up nicely.



There are two novels that can change a bookish fourteen-year old’s life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.

--
John Rogers
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Quote: I find myself agreeing with you more and more everyday! Roth as much as you can, invest in equities in your 401k, keep cash outside of your retirement accounts, diversify by adding real estate or similar income producing and appreciating assets.
I’ve come to this conclusion as well.
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Quote: I’ve been considering putting some “cash” in government iBonds. The fixed portion of the rate will reset in May and should be a little higher. The variable portion floats based on inflation.
The benefit to these are they are state tax exempt and should be a higher ROR than TIPS.
The downside is the max you can buy is $10k/SSn a year, and redeeming early forfeits 3 months interest.
To me these seem as safe as a CD/Money market, but maybe a little higher rate or return with tax efficiency. Anyone ever get into these?
https://treasurydirect.gov/indiv/res...res_ibonds.htm

#threaddrift
I just bought some myself as part of my emergency cash savings. I like the safety of them. You can also buy an additional $5000 in paper bonds to go with the $10000 electronic.
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The both kinda suck and they’re both old as balls. It’s embarrassing
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Quote: The both kinda suck and they’re both old as balls. It’s embarrassing
I sorta like the Samoan mustang.
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Quote: One question. The sentence I highlighted. It might be hard for you to put yourself in the mode for this, but if you were there right now, where would you put money to reduce risk and get any kind of return? I'm just curious because I really don't think there is any place at the moment other than perhaps high dividend yielding stocks. Bonds suck... wwyd?
For money outside of 401k I fully agree with REITs and Real Estate partnerships as others have mentions. I'll add an incredible opportunity I stumbled upon, MLPs. Master Limited Partnerships (MLPs) have become one of the most popular types of high-yield dividend stocks in this age of record low interest rates.

Highly Recommend EPD and MMP

DDYOD links:

https://www.simplysafedividends.com/...tnerships-mlps

https://seekingalpha.com/article/441...n-sale-u-s-lng


Sent from my SM-N986U using Tapatalk
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Also REITs, etc are counter cyclical to stock performance. Yet their returns are significantly better than bonds. Bonds are often recommended by financial planners to balance stock performance in a portfolio.
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Quote: I’ve been considering putting some “cash” in government iBonds. The fixed portion of the rate will reset in May and should be a little higher. The variable portion floats based on inflation.
The benefit to these are they are state tax exempt and should be a higher ROR than TIPS.
The downside is the max you can buy is $10k/SSn a year, and redeeming early forfeits 3 months interest.
To me these seem as safe as a CD/Money market, but maybe a little higher rate or return with tax efficiency. Anyone ever get into these?
https://treasurydirect.gov/indiv/res...res_ibonds.htm

#threaddrift
Update
May Auction yields 3.54%
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Quote: Politics and politicians don’t matter. Never have.

Business runs the world.

94 million millennials are entering their first prime spending years. That’s why housing is off the charts.

Remember the stick market in the 1990s? Up and up and up and up.

Its just math. Just demographics.

94 million millennials are inheriting $76 trillion. The largest wealth transfer in the history of the world.

Relax and enjoy the ride.

In 2023 we will enjoy $100,000 plus profit sharing checks. As oil collapses and our economy explodes.
Did this age well? Did the majority get $100k checks? I sure didn't...
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