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re: Until Biden schooled us last night, how many of you knew our economy was kicking arse....

Posted on 3/8/24 at 8:31 am to
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
261916 posts
Posted on 3/8/24 at 8:31 am to
quote:


Incorrect. I have been investing in the stock market since 1990.

The past year has been great.

The previous three, not so much.

Even people who claim they made money since 2020 have lost a shite load in opportunity cost.

But dont expect the very average American to understand something that isnt superficial and an easily transferrable data point.
This post was edited on 3/8/24 at 8:32 am
Posted by RoyalWe
Prairieville, LA
Member since Mar 2018
3141 posts
Posted on 3/8/24 at 8:39 am to
quote:

The past year has been great.

The previous three, not so much.
Spot on. This is the first quarter where my total investments surpassed what I had in December 2021.

EDIT: And since TBoy doesn't understand innately, the buying power is significantly reduced due to inflation.
This post was edited on 3/8/24 at 8:41 am
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