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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 8:39 am to
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
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
261908 posts
Posted on 3/8/24 at 8:42 am to
quote:

This is the first quarter where my total investments surpassed what I had in December 2021.


Yep. Prior to mid 2023, my three year composite was below 2.%

I actually lost money (not just declining rates) in 2020.

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