Please explain how to keep up with a fricking 7.9% inflation rate...

[ElCubano]

I'm now a resident of The Sunshine State.
No more Wisconsin income tax, high property taxes and heating bills.
I've also cut the cord, no more cable bill. I bought a Superbox.

A big increase in income.

and the free beach...maybe; if you're not inland.

 

[Arnie Guitar]

Fort Myers Beach.

 

[stochastix]

Real easy. Elite traders have 100% return. Take 8% inflation out and you are left with 92%.

I'm depressed cause I only made a 50% return last year

 

[stochastix]

The only way I can see is to start a bank. If you can take $1million in assets and then make $10million in loans, they you can beat inflation because the interest rate you're charging gets magnified by all that leverage.

Inflation actually helps in that case, because in the event that your customers default on a secured loan, you get an asset whose dollar value has gone up.

Well then you are just some schmuck who had to sit in an office and fill out paperwork

 

[murray t turtle]

This is Elite Trader .................

Cut back in areas where you currently waste money or over consume. We had it very easy for so many years, people got very fat and lazy from over consumption, there are bound be areas where they can make savings.

%%
THAT\+ give 10% away;
+ like trading walk away form HI prices sometimes. The fund manager said something like he noticed lettuce going up $00.50 in a week not much but big % LOL. So he walked........
[2]And watchout for what i call market tricks in the cash grocery store or even @ the factor food level.
[3.33] HARD to believe but several times i'Ve seen some price 6 eggs x2 cheaper than 12\
[4.44] The orchard seller[apples] did an ad for u pick 'em but not every years , so i dont even call or go by with no ad.
5] I pick up pennies + nickels, walking [$5once/LOL]\seldom try to pick up a penny on Wallstreet..................................................................................................
7.77] I seldom buy 32 oz of olive oil but the Turkey import was all WMT had except for oVerpriced glass bottles + gallons/olive oil

 

[M.W.]

Agree

agree. Was more to point out how much have compared to the rest of the world. There is a calculator I'm sure for wealth and it would probably blow you away on how we fair out.

 

[murray t turtle]

timestamped

(?)

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Good points/apprecatin' assets. Don't care for his bitcon '' tip '' \but good rebuke on not paying2% + 20% 0f the profits upside...............................................................................................Thanks

 

[Nobert]

Don't care for his bitcon '' tip ''

Neither i, could be that it was just another nice story for the btc sale pitch, none the less, keeping that open mind and yet staying paranoid/questioning everything.

 

[zdreg]

- A 3% raise at work is typical--if you're lucky.
- 10yT is paying 2.4%
- To consistently pull 8% out of the equities market qualifies you as a fund manager

Just to tread water, you have to take a lot of risk. 9% just to get ahead by 1%? Maybe junk bonds? Again... the risk. Do drug dealers issue bonds?

They flooded the system with USD, and in the process, are making us all poor!

Making us poor is the goal of socialists and to be ever dependent on government for our existense.

 

[murray t turtle]

Making us poor is the goal of socialists and to be ever dependent on government for our existense.

%%
LOL\ they are failing in the socialist goal+ gov dependANT GOAL.
and see how it turns against the dems this election.,
looks like they had to backtrack crawfish \ try to jawbone down the price of gasoline\elections year.......................................................................................................