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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: SGJ who wrote (19812)	8/12/2024 11:18:19 AM
From: Kirk ©	Respond to of 26429

Wow, that is an excellent presentation of the numbers! I'm pretty good with Excel and Word, but I haven't integrated the formatting of Word with the calculations of Excel so nicely. Thanks! BTW, I remember when "Franklin Money Market Fund" opened on the SF Peninsula, and I think we were getting close to 18% at the peak. When I see all these insane policies that forgive debt to buy votes, eliminate taxes on income for targeted demographics (service workers now) so you have to be either a Billionaire that lives in Texas (Musk, Hunts, etc.) or tipped server to benefit while the rest of us will pay for it with higher taxes and or inflation as this "raise' gives the tipped servers more money to pay rent in areas already suffering from housing shortages due to too much demand for the available housing. I try to explain to exploding head liberals that if you don't cap demand by closing the borders and limiting immigration to those who will contribute and really work, then we will have a perpetual housing shortage and income inequality as we are letting in more competition for the low cost housing and low paying jobs. DJT probably lost a ton of votes by calling it "black jobs" with his incompetence, rather than "entry level jobs that everyone needs to start at to work their way up unless they are born with a silver spoon in their mouths where Daddy/Mommy can hire you to run his/her companies." It is frustrating. It seems now the safest bet is make enough in the markets and own your home in a place you like to live (both checked for me) then get to 50:50 if 70 and 60:40 if 60 or less and enjoy the high money market rates now and take profits to recharge cash when the market soars. I don't know how the young can get a good start with so much debt at the city, state and federal levels (at least here in CA with underfunded public pensions) and so much competition driving housing prices higher at a rate faster than they can save. It is probably the same as in the 80s where you start small (I got a townhouse) or partner with friends to buy a house that you slowly buy out partners as equity and salary grows. Thanks again.