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OT: Why is Warren Buffet always ahead of the game?

Is there anyone in their mid-40’s factoring social security into their retirement equation? I think of it as a nice to have bonus.
I'm not factoring it in at current payment rates but I think it's demise is greatly exaggerated. Political suicide to get rid of it and we would probably pay a lot of it out in other forms of assistance anyway.
 
I'm not factoring it in at current payment rates but I think it's demise is greatly exaggerated. Political suicide to get rid of it and we would probably pay a lot of it out in other forms of assistance anyway.
They are never "getting rid of it" but it makes for great theater and it freaks out a lot of would-be normal people.

Just like in the 80's when they had a bunch of WWIII made for TV movies, "nukes" were going to kill us all.
 
They are never "getting rid of it" but it makes for great theater and it freaks out a lot of would-be normal people.

Just like in the 80's when they had a bunch of WWIII made for TV movies, "nukes" were going to kill us all.
Let’s not forget AIDS
 
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They are never "getting rid of it" but it makes for great theater and it freaks out a lot of would-be normal people.

Just like in the 80's when they had a bunch of WWIII made for TV movies, "nukes" were going to kill us all.
I remember that. If I recall correctly, they told us to get under our desks in case of a nuclear attack. Have they revised that guidance?
 
Let’s not forget AIDS
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Hell no. I’m assuming I’ll get zero.
Based on much of what each of you have said all along, I suspect you guys will be just fine, with or without it. The biggest failure many people have is they "assume" that SS will be there for them, and I can see it going away before too many years.

They constantly raise the retirement age, so they have the advantage of older folks passing away before they draw that much money. Others, like my mom drew it for about 35 years or so, and she made diddly squat in her working career.

It's a terribly unfair system when millions will likely have it involuntarily taken from their paychecks with no real guarantee they'll get anything when it becomes their time.
 
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Based on much of what each of you have said all along, I suspect you guys will be just fine, with or without it. The biggest failure many people have is they "assume" that SS will be there for them, and I can see it going away before too many years.

They constantly raise the retirement age, so they have the advantage of older folks passing away before they draw that much money. Others, like my mom drew it for about 35 years or so, and she made diddly squat in her working career.

It's a terribly unfair system when millions will likely have it unvoluntarily taken from their paychecks with no real guarantee they'll get anything when it becomes their time.
It isn't going away. It's a wildly popular program that politicians and citizens alike have shown a tolerance for funding no matter the costs. Tweaks. Sure. Eliminated. No chance.
 
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It isn't going away. It's a wildly popular program that politicians and citizens alike have shown a tolerance for funding no matter the costs. Tweaks. Sure. Eliminated. No chance.
I didn't SAY it was going away, I said I can "SEE" it going away.
You have a next level normalcy bias.
 
I didn't SAY it was going away, I said I can "SEE" it going away.
You have a next level normalcy bias.
I don't see it going away. For the same reasons I posted above. People have been predicting it's demise since I was a kid and it just continues to become more ingrained in our society.

Is that better for you?
 
Ok I’m just pointing that unless you sell you really don’t have sheet. Bitcoin & Solana have been insanely good to me this year and I’m selling here and there to realize some gains.
I think a bad move on selling Bitcoin, historically does very well right after an election

Yes, I realize i don't have squat until I sell, but as a great dividend stock that I am making now over 60%...why sell?
 
I'm devastated. My physical gold and silver are up 40% on the year and I actually OWN it.

Year to date, all my bitcoin are up $ 30,254.00 each.

Don't trip on dollars picking up pennies.

Don't expect me to be in the bread line anytime soon.
Only $30K ?? They way you talk, I am shocked it is not more. so you must still be down from investing in BC early and then it crashed ? people like you never talk about how much they lost when it crashed....just like people who play pickle cards and gamble, only bragg when they win, never about the losses :cool:
 
Only $30K ?? They way you talk, I am shocked it is not more. so you must still be down from investing in BC early and then it crashed ? people like you never talk about how much they lost when it crashed....just like people who play pickle cards and gamble, only bragg when they win, never about the losses :cool:
you about to get put on ignore from easy
 
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3 year return sucks .. especially when adjusting for inflation
I know you'll claim different, but you sound like a pretty inexperienced investor. Did you start around 2010? There is a whole generation of investors that think the market only goes up. That isn't how it works.
 
Just for clarities sake, is this big, can't be said out loud event still taking place before New Years? Is it a big enough deal to not plan a winter vacation?
 
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It isn't going away. It's a wildly popular program that politicians and citizens alike have shown a tolerance for funding no matter the costs. Tweaks. Sure. Eliminated. No chance.
I don’t think it’s going away. 20 years ago or so ago they talked about folks being able to take their Social Security money and put it in investment accounts. Soon after, there was a 20% correction in the market. The idea vanished like a fart in the wind.
 
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