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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: UpNorthJoe   😊 😞
Number: of 4460 
Subject: Re: Macroeconomics of the election
Date: 11/07/24 8:27 AM
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"Lot of ugly choices at the moment. But, you gotta play the cards you’re dealt."

I share your concern, was not even a little bit impressed with the "leadership" he
displayed in previous term.

Wall St loves tax cuts. And I have a feeling that the phrase "out of control deficit"
is going to disappear from the GOP talking points. This screams inflation to me, but
what do I know. Fixed income gets hurt during bouts of inflation. I will avoid bond
funds. Treasuries or CD's ( short term ) will be a parking spot for a portion of the
retirement funds. But I'm not ready to exit stocks. Very familiar with the phrase
from the last 2 massive financial crisis' brought on during GOP leadership:
"I'm not looking for a return ON my capital, I'm looking for a return OF my capital".
There is some wisdom in that saying. So I share your concerns. But have no idea what the
correct move is, so will be sitting tight, for now anyways.
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