Dow @ 20K. Time to jump off!
POSTED BY: JO753
UPDATED: Friday, April 4, 2025 13:08
VIEWED: 120054
PAGE 7 of 119
Quote:Looks like the markets have held steady, following that.
Originally posted by JEWELSTAITEFAN:Quote:sounds like Democrat Peoples Republic of Korea's fat kid launched a missle which violated Japan's airspace.
Originally posted by JEWELSTAITEFAN:Quote:That depends.
Originally posted by JO753:
I'm jus sayin iz all! No need to get insulting.
Do you hav a bunch uv money in it?
Herez a Q for JSF - Looks like Trump iz about to get us into a shooting war with NK, so will it be a + or a - for the stok market?
Is he going to drop million dollar bombs on empty tents like Slick Willie and Bobo?
Is he going to send in boys and girls with bayonets?
Or is he going to have a military plan, abide it, and have a goal or conclusion to shoot for?
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Quote:I know something that will unsteady the market:
Originally posted by JEWELSTAITEFAN:
Looks like the markets have held steady, following that.
The market expects people with incomes greater than $600,000 to get a $145,000 tax cut.
Incomes less than $228,000 get a $1,180 tax cut.
Less than $40,000 get $320. This is where most people live, but they can't move the stock market because they own very little of it.
Less than $25,300 get $130.
If the $600,000 people do NOT get their $145,000 tax cut, they will crash the stock market out of indignation toward Trump.
https://qz.com/1066112
www.motherjones.com/kevin-drum/2017/08/which-taxes-have-been-choking-a
merican-growth/
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Quote:Dow closed at 22,203 today.
Originally posted by JEWELSTAITEFAN:
Dow closes 22,118 today.
That is up 2,386 since taking office. 7 1/2 months ago.
That is a gain of over 12% per annum so far.
For those not so clued on the math concept, that is more than the 8% per year Obama did in his first 2 years - without GOP control of Congress.
And that is like the 12% per year for Bobo's 6 years with GOP control of Congress, despite Bobo having the absolutely easiest period for economic recuperation. Now Trump is adding on top of already historic highs, a much more difficult feat.
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Looks like Dow closed at 22,370 today. Think that's a new all-time high. Lately several all-time highs.
That's up 2,638 since taking office, 8 months ago.
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Closed 22,412 today.
That's up 2,680 since taking office.
Up 2,412 since this thread title was qualified - which is more than 12% gain since somebody said to Jump Off.
And up 4,080 since election day. That is over 22% gain.
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That's like the gains I was getting before the bottom fell out at my last job. Nice for the people who have jobs with benefits. Doesn't amount to fuck-all for the rest of us though.
I'm not salty though. It's official. I've now lived in this home long enough that if I was paying rent for a decent apartment in the area I would have spent as much on rent as I paid for this house. Every day I live here now I live practically for free, and whatever I make selling the house is a gain.
Life is pretty copacetic. 
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I wish it was that simple. As homeowners we also have to pay for property tax, home and appliance repairs, and homeowner's insurance. I got whacked this month with $5,000 in bills for a new water heater and a/c unit. Next up is end of year property tax at around $8,000. After that, new carpeting and bathroom vanities. Sometimes I wish I was a renter with no cares in the world.
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Well... Sorry to hear about your very, very high property taxes, RL. That's one of the things my parents are fleeing from. They pay somewhere around what you do. At 8,000/year, you're paying the Government as much "rent" to own your home as my apartment back in 2009 was costing me every month.
I've still got plenty of things to do on my house, but I've got the rest of my life to do them. Except for some ant-proofing stuff and a drain-pipe leak from the sump pump I'm going to fix before winter, none of them need to be done tomorrow. If the economy ever gets so bad or something happens that I can't afford my $1,150/year property taxes or the occasional fix around my house when I have almost zero monthly bills then we're all screwed anyway, I guess is my thought.
Paying rent is a very big "care". At least it was for me. After I lost what I thought might be the last good job I'll ever have, the idea of pissing away my savings over time on rent receipts was a nightmare to me. Sure, home ownership can be a pain in the ass sometimes, but I don't regret the choice I made.
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I think my Property Taxes are 1,200 on one house and 1,100 on the other. Both are 3 bedrooms.
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Quote:
Originally posted by JEWELSTAITEFAN:
I think my Property Taxes are 1,200 on one house and 1,100 on the other. Both are 3 bedrooms.
That's nice. I'm being taxed for 3 bedrooms, but I've never gotten around to remodeling the basement. Even though the state considers the basement in a tri-level house livable space, I have to argue since if the power goes out or the sump pump fails during a huge storm everything could be flooded again. If I ever make enough money to install a Generac I'll do the basement. Otherwise it's just risky business.
How is your second house the same price? No homestead exemption for the first home you own?
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