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re: The DowJones Industrial Average AND the S&P500 Index both closed at record highs today
Posted on 1/20/24 at 8:12 am to slackster
Posted on 1/20/24 at 8:12 am to slackster
quote:
Dollars are worth less every year, and the broad market is also up considerably since 2021 - RSP is the equal weight S&P 500 and it’s up 28% over the same 3 years.
Thats cool. Meanwhile my day-to-day spend items are up damn near double.
Its gotten so bad this past year I actually price check. I havent done that in 10 years.
You become dumbfounded when you get 6 things and your grocery bill is $100...
This post was edited on 1/20/24 at 8:13 am
2
Posted on 1/20/24 at 8:54 am to JayDeerTay84
quote:
Thats cool. Meanwhile my day-to-day spend items are up damn near double.
Holy hyperbole. We’re straight up just making shite up.
Beef is up 35%. Chicken is up around 30%. Bread is similar. Rice is up 24%. Milk is up 16%. Gas is up 28% as I mentioned.
All less than or equal to the S&P 500 over the same time frame.
But because eggs are up around 70%, the stock market performance must be Ho hum?
Posted on 1/20/24 at 11:33 am to JayDeerTay84
quote:Could you please tell us what six grocery items costs a $100?
you get 6 things and your grocery bill is $100...
I bought some groceries this week and my total was about $70 and that was for 9 or 10 plastic bags of groceries...probably around 25-30 items.
I'm not accusing you of lying but I'm genuinely curious what six grocery items you bought cost you $100. Thanks.
PS-If you say one of the items was a 1.75L bottle of Jack Daniel's Gentleman Jack whiskey I'll understand.
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