And the number one issue for November is:

Adam · 2018-10-05T18:57:55.699Z

altair1013:

Repnomore1:

So the responsible tax and spend Democrat vs the irresponsible borrow and sprend Republican.

Now 2 reasons to vote Democrat.

Keeping Trump accountable is another issue.

Accountable for what?

Making the economy the best it’s ever been?
Making minority unemployment the lowest in history?
Making the stack market boom?
Reducing government regulations and the government workforce?
Blasting ISIS into oblivion?
Nominating two amazing supreme court justices?
Enforcing our borders?
Etc; etc, etc?

Best economy ever? Not sure what metric you’re using. Wages aren’t even keeping up with inflation.
Minority unemployment continues down like under Obama
Stock market continues to do well like under Obama
Continuing the Obama anti ISIL campaign
Amazing supreme court justices is pretty questionable

Cynic · 2018-10-05T19:22:54.354Z

Counting on there not being a correction is certain failure. Your plan should always be assuming there is a correction on the horizon; if your time-frame cant absorb it and recover, you are in the wrong investments.

reflechissez · 2018-10-05T19:27:15.571Z

Cynic:

Counting on there not being a correction is certain failure. Your plan should always be assuming there is a correction on the horizon; if your time-frame cant absorb it and recover, you are in the wrong investments.

It is amusing to watch him pontificate on the topic as if he knows what he’s talking about.

Cynic · 2018-10-05T19:31:09.459Z

altair1013:

Repnomore1:

So the responsible tax and spend Democrat vs the irresponsible borrow and sprend Republican.

Now 2 reasons to vote Democrat.

Keeping Trump accountable is another issue.

Accountable for what?

Making the economy the best it’s ever been?
Making minority unemployment the lowest in history?
Making the stack market boom?
Reducing government regulations and the government workforce?
Blasting ISIS into oblivion?
Nominating two amazing supreme court justices?
Enforcing our borders?
Etc; etc, etc?

So your “non-political single issue thread” was just a farce and simply another political thread about how much you worship Trump… got it.

Repnomore1 · 2018-10-05T19:47:27.577Z

This economy is not the best ever.

The market is due for a major correct.

People quitting their whitehouse jobs because of an erratic president is not really shrinking government.

ISIS still exists.

The debt is growing for no reason.

Just screw the future generations.

AZslim · 2018-10-05T19:52:09.029Z

It also depends on other income such as pensions and how old you are.

altair1013 · 2018-10-05T19:54:39.972Z

Cynic:

So your “non-political single issue thread” was just a farce and simply another political thread about how much you worship Trump… got it.

Dude. You changed the topic to Trump. And I took the bait. My mistake.

altair1013 · 2018-10-05T19:58:25.218Z

Repnomore1:

The market is due for a major correct.

Sure, it could happen. But does that mean we should make it a definite by electing politicians dedicated to tinkering with the market?

Cynic · 2018-10-05T20:04:32.275Z

Dude, no I didn’t;

Repnomore1 · 2018-10-05T20:36:16.338Z

I m not sure if you understand how government works but the Senate and president sign of on laws too.

The destruction of the wealth in the market will be the fault of the takers such as yourself.

altair1013 · 2018-10-05T20:42:57.101Z

Repnomore1:

I m not sure if you understand how government works but the Senate and president sign of on laws too.

The destruction of the wealth in the market will be the fault of the takers such as yourself.

I know right? I’m a very, very bad man. This has been well established. But unfortunately, this forum is stuck with me. Just as the supreme court is now stuck with Kavanaugh. Yay!!!

NebraskaFootball · 2018-10-05T21:20:27.241Z

altair1013:

Vote for a tax cut and spend republican over a tax and spend democrat. My options are poor.

No Libertarians on the ballot? Don’t have the option of writing someone in?

Repnomore1 · 2018-10-05T21:34:40.805Z

I doubt current Republicans will ever stand for fiscally responsible politicians or support them.

altair1013 · 2018-10-05T23:18:34.006Z

NebraskaFootball:

No Libertarians on the ballot? Don’t have the option of writing someone in?

I probably do. Write ins are statement votes. You are stating that you would rather vote for someone who has no chance of winning. I’m not that desperate. Yet.

altair1013 · 2018-10-05T23:19:32.209Z

Repnomore1:

I doubt current Republicans will ever stand for fiscally responsible politicians or support them.

Well then you’re half right.

NebraskaFootball · 2018-10-05T23:20:50.975Z

I won’t vote for someone who shows themselves to be fiscally irresponsible with our tax dollars. Why would I reward someone with my one vote who will just take it for granted? Rewarding bad behavior guarantees future bad behavior. And rewarding bad behavior implies agreement with said behavior.

LucyLou · 2018-10-05T23:31:10.253Z

reflechissez:

Attended my HBS reunion in May, 2007. Sat in on a session led by my investment management professor. I asked him about the real estate market and about what asset class people should be looking at. About real estate: “the institutional people I’ve talked to are terrified and trying to get out.” About asset class: “The asset nobody wants right now – cash.” He couldn’t have been more right.

Thanks for reminding about the leverage issue. I had read about it but forgot. The increase in rates is not going to go well.

What does that mean–“The asset nobody wants right now–cash.”

armycowboy · 2018-10-05T23:32:19.705Z

LucyLou:

What does that mean–“The asset nobody wants right now–cash.”

Inflation is around 3%

LucyLou · 2018-10-05T23:33:57.500Z

armycowboy:

Inflation is around 3%

Oh, got it.

lulubee · 2018-10-05T23:57:24.502Z

@LucyLou and @armycowboy,

That was what his HBS professor said in 2007, before the last crash.

The prof was saying no one wanted to be in cash, but that’s where they should have been.

I’m sitting on a lot of cash right now because we are in another bubble - especially corporations, who borrowed gobs and gobs because interest rates were so so low. But those days are ending and corps are so highly leverage they are going to be screwed with interest rates rising.

It’s not going to end well.