OT: ext...
- Thread starter Jaemekon
- Start date
If you guys just want to talk about that and not who's in office that's fine
I didn’t mention anything about politics. Just what my 401k has done the last three years. Why did it get deleted
My nuts on scopes head isnt political either. It's where they will reside soon.😍
Well, that's obviously not true if you underperformed the market by 25% in real terms! If you take the nominal returns, you still underperformed the market by 25%, genius! I think I now know why you underperformed the market, bud!
Doing the rough math, underperforming the market by 35%...and assuming you make the market average over the next 20ish years...that means you just chipped off about 7% of your total return...that's assuming you don't continue to underperform the market! Holy shit! What have you done!? You just added a couple years of work, bud! Put your nuts away and hunker down!
HBK.. I guess you need to put your nuts on scope’s head 35% more often
Good grief. I forgot you’re the poster that didn’t know the difference between real and nominal. I see you still don’t..
Oh bless your heart, this is so embarrassing for you.
Nominal market return: 43%
Your terrible real returns: 0%
Inflation Rate: 19%
Real vs Nominal (Market Return - Terrible Tampa Return):
(.25 - 0) = (.44 - .19)
Oh jeez, it looks like the answer shows that you need to switch to a target fund and enroll in the local community college's Econ 101 class, bud! This is your home price crash prediction all over again! So embarrassing!
Because the whole chain originated with who was in office. The replies get deleted too
Yikes! First rule of holes - when you’re in one quit digging. I never said my nominal return was 0. S&P since 2022 is up 21% (nominal) -
Not 44%. Inflation was close to 16%… so S&P real return since ‘22 was under 6%. A 2% YoY average is really bad.
Just bc home prices haven’t crashed yet doesn’t mean they won’t. Inventory piling up here in FL. Unemployment up 17% less than a year. Insurance, HOA, and property taxes are crushing people since they overbought
Lmao, correct...which is why I have it as "Your terrible real returns". You're really struggling here, bud. We've always been talking since "January 20, 2021", so you're dancing isn't going to help you.
Since "January 20, 2021":
S&P 500 - 3851 up to 5565 (44%)
CPI - 262 up to 313 (19%)
You said you have negative real returns since "January 20, 2021", which means you underperformed the market by 25% or more in real and nominal terms, you tater tot head! That's embarrassingly bad performance...you should move to a target fund or you're never going to retire!
More dancing! You predicted that we would have a market collapse and negative prices in 2022! You thought you were smarter than Investment Banks! So embarrassing and so wrong, bud...like always!
I’ve been posting about 2022 to now. You changed the date to fit your narrative.
I never gave a date when housing will crash as these take several years to play out, but it’s coming..
Listen bud. If I’m ever in the market for a used Nissan Leaf or looking for the best glory hole in Alhambra I’ll reach out to you.
