At Least Trump Has A Sense Of Humor

[The Blazing Saddle]

Dantifa Nosack "family man" with the scummy neck beard, hard at work tonight reading RT OT to the "family" as he types before bedtime.

 

[VonBonfire]

I can agree he could be better, in some areas, but he's streets ahead of the competition.

At least some reality has been returned as l looking at the insane transgenders and open promoting gays in senior positions have been shut down.
This alone makes him 1000000X times better than Biden, Obama and ANY Dem for that matter.

The military is making amends for what Biden and co did to the many in there for not going along with the Dem insanity.

He's going after Antifa and others.

You may not like the person but as a President he's doing plenty in the right direction for the country and this is still with Dems and the press gunning for him. No other human in history has endured what Trump has had to for no good reason and he's still standing and doing.

More of my money was intact when Bush II was president and he was a lousy president.

 

[rsm]

Like when the commander in chief said that high ranking military officers can’t be fat?

That’s fucking hilarious

that's not the burn you think it is.

 

[NoHassle]

More of my money was intact when Bush II was president and he was a lousy president.

I fully agree as my investments aren't doing anywhere near as I expected with Trump's financial rhetoric.

I'm throwing this out there for consideration...I believe the market was overvalued for a while based on falsely reported statistics by Biden and co and is this stagnant period a correction catch up of sorts? Add to that Buffet has been shifting the market big time with his out of norm movements too.

None the less, I'm pissed off too.

 

[Dan Gleesak]

that's not the burn you think it is.

It’s not supposed to be a burn. I’m just commenting on the absurdity of it

 

[Dan Gleesak]

More of my money was intact when Bush II was president and he was a lousy president.

I used to give GW grief for his speeches, but compared to Trump he’s an oratory genius

 

[rsm]

More of my money was intact when Bush II was president and he was a lousy president.

Then you're doing something wrong; other than covid (which provided a great buying opportunity if you had cash), the markets generally trend upward with an average growth of 10% per year when averaged over a few decades.

If you were in big pharma or military / defense you did really well under Bozo Biden.

Other than April due to irrational fears of reciprocal tariff impacts that turned out to be nothingburgers, I've hit several all-time highs in 2025, and retired several months earlier than planned.

I'm still rebalancing my investments, but this October my investment strategy for income should hit full replacement of my prior working salary excluding commissions. If it does, or close; I will increase my investments. As of 30-Sept; my best income generating investment hit 80.82% estimated annualized return, for the month of September; here it is, calculated in my spreadsheet:

And it's down from August, when I was still in the process of investing in it.

Now, FYI, this is a high risk, high reward, private equity investment, where I have a greater than average probability of losing my entire investment at any time.

 

[VonBonfire]

I fully agree as my investments aren't doing anywhere near as I expected with Trump's financial rhetoric.

I'm throwing this out there for consideration...I believe the market was overvalued for a while based on falsely reported statistics by Biden and co and is this stagnant period a correction catch up of sorts? Add to that Buffet has been shifting the market big time with his out of norm movements too.

None the less, I'm pissed off too.

I'm not really pissed off so much as I just think Trump is mostly talk. He's talked a lot and done very little. He allowed the covid charade to take place. He allowed money printing and now we all get to enjoy the end result. He talks like a conservative and so non-thinking conservative people are amazed by his bullshit. I still see plenty of illegals around here. I know people on artist visas going on 15 years, taking away work from Americans. Groceries continue to skyrocket yet he's saying that they are coming down. I doubt that dude has been to a grocery store in 50 years. "I'll march with you" after the rigged election and then getting in his limo and leaving should've been all anyone needed to see to know he's nothing but crap.

 

[rsm]

I used to give GW grief for his speeches, but compared to Trump he’s an oratory genius

dubbya (W), was the GOP version of a bumbling, mumbling Bozo Biden. That's why he picked Dan Quayle, so he'd appear smarter.

 

[rsm]

I'm not really pissed off so much as I just think Trump is mostly talk. He's talked a lot and done very little. He allowed the covid charade to take place. He allowed money printing and now we all get to enjoy the end result. He talks like a conservative and so non-thinking conservative people are amazed by his bullshit. I still see plenty of illegals around here. I know people on artist visas going on 15 years, taking away work from Americans. Groceries continue to skyrocket yet he's saying that they are coming down. I doubt that dude has been to a grocery store in 50 years. "I'll march with you" after the rigged election and then getting in his limo and leaving should've been all anyone needed to see to know he's nothing but crap.

My experience disagrees. Trump 2.0 has been very, very good to me.

 

[VonBonfire]

Then you're doing something wrong; other than covid (which provided a great buying opportunity if you had cash), the markets generally trend upward with an average growth of 10% per year when averaged over a few decades.

I'm glad you're happy but I'm not a well off retired dude who can buy expensive guitars at will. I'm talking about basic costs of living. I was paying $850 for a monster 3 bedroom apartment in Nashville in '06. I rented a 2 bedroom beach house with private back yard a block from the Gulf in FL just before Obama took office for $1100. That was big money to us. My daughter rents a half assed studio apartment for the same amount in the nearby city today. Don't even get me started on groceries or building materials cost.

 

[rsm]

I'm glad you're happy but I'm not a well off retired dude who can buy expensive guitars at will. I'm talking about basic costs of living. I was paying $850 for a monster 3 bedroom apartment in Nashville in '06. I rented a 2 bedroom beach house with private back yard a block from the Gulf in FL just before Obama took office for $1100. That was big money to us. My daughter rents a half assed studio apartment for the same amount in the nearby city today. Don't even get me started on groceries or building materials cost.

becoming "well-off" took over 4 decades, and lots of work travel away from home and family, living below my means, and endless hours learning about finance and investing for myself; along with losing half my wealth in divorce, paying alimony and child support; and I have another 4.25 years of alimony to go.

the rsm here today is the one that crossed the finish line, not the one who worked and sacrificed for 40+ years running the race.

I wasn't born into it, and I knew early on no one was going to give me anything, I'd have to earn it for myself, so I did.

Cheers!

 

[NoHassle]

becoming "well-off" took over 4 decades, and lots of work travel away from home and family, living below my means, and endless hours learning about finance and investing for myself; along with losing half my wealth in divorce, paying alimony and child support; and I have another 4.25 years of alimony to go.

the rsm here today is the one that crossed the finish line, not the one who worked and sacrificed for 40+ years running the race.

I wasn't born into it, and I knew early on no one was going to give me anything, I'd have to earn it for myself, so I did.

Cheers!

VERY well done to you sir...you have my total respect.

 

[VonBonfire]

becoming "well-off" took over 4 decades, and lots of work travel away from home and family, living below my means, and endless hours learning about finance and investing for myself; along with losing half my wealth in divorce, paying alimony and child support; and I have another 4.25 years of alimony to go.

the rsm here today is the one that crossed the finish line, not the one who worked and sacrificed for 40+ years running the race.

I wasn't born into it, and I knew early on no one was going to give me anything, I'd have to earn it for myself, so I did.

Cheers!

I wasn't attacking you. From the perspective of people my kid's age I am "well off" since I own my own home outright. The advantage I had was being able to buy a home when they were affordable. My kid's won't have that advantage and good luck trying with groceries that are nuts, rising power and water bills, etc etc. The point is WE had advantages of time and place, times and places that no longer existent for the younger generation.

 

[NoHassle]

I wasn't attacking you. From the perspective of people my kid's age I am "well off" since I own my own home outright. The advantage I had was being able to buy a home when they were affordable. My kid's won't have that advantage and good luck trying with groceries that are nuts, rising power and water bills, etc etc. The point is WE had advantages of time and place, times and places that no longer existent for the younger generation.

Buying a house anywhere in the world today is tough on today's younger generation.

A lot of the blame is on them because they won't go without anything and they live far more expensive daily lives than most of the older generations before them.

I realise there will be exceptions but most of today's youth spend money like it does grow on trees. Look at the prices they pay for coffee alone that they don't need.

I'm also aware there are younger people not making a lot of money but I'm also aware that some younger people are making a killing. GMs in business years ago were at least 40 and up and today I see GMs as young as 27. So, the youth do have access to make good money should they choose to chase it hard enough.

 

[NoHassle]

I can agree he could be better, in some areas, but he's streets ahead of the competition.

At least some reality has been returned as having to look at and deal with the insane transgenders and open promoting gays in senior positions have been shut down. This alone makes him 1000000X times better than Biden, Obama and ANY Dem for that matter.

The military is making amends for what Biden and co did to the many in there for not going along with the Dem insanity.

He's going after Antifa and others.

You may not like the person but as a President he's doing plenty in the right direction for the country and this is still with Dems and the press gunning for him. No other human in history has endured what Trump has had to for no good reason and he's still standing and doing.

Just to add to the above to reinforce what a breath of fresh air removing transgenders and gays in positions of national leadership and bring back some reality.

 

[VonBonfire]

Buying a house anywhere in the world today is tough on today's younger generation.

A lot of the blame is on them because they won't go without anything and they live far more expensive daily lives than most of the older generations before them.

I realise there will be exceptions but most of today's youth spend money like it does grow on trees. Look at the prices they pay for coffee alone that they don't need.

I'm also aware there are younger people not making a lot of money but I'm also aware that some younger people are making a killing. GMs in business years ago were at least 40 and up and today I see GMs as young as 27. So, the youth do have access to make good money should they choose to chase it hard enough.

You make some extremely good points, a lot of younger people aren't willing to sacrifice small but expensive pleasures.

But also look at the data. There are fewer decent paying jobs. The middle class has been shrinking for decades as a result. Look at the cost of a new home, avg 400k. That's a minimum monthly payment of about 2300 bucks on the very lowest end. Factor in a car payment, say $500/mo, plus gas, groceries, auto insurance (which has gone nuts also), utilities, etc and what's left of an average American income of 40k? Not much. Can it be done? Sure but the deck is increasingly stacked against you. You can do it, but you will be house poor for 30 years, assuming you don't lose your job, or have the house market crash in which case you're now upside down on your mortgage, owing more than it's worth. Seen that too.

 

[rsm]

I wasn't attacking you. From the perspective of people my kid's age I am "well off" since I own my own home outright. The advantage I had was being able to buy a home when they were affordable. My kid's won't have that advantage and good luck trying with groceries that are nuts, rising power and water bills, etc etc. The point is WE had advantages of time and place, times and places that no longer existent for the younger generation.

I hear you, and thanks for the clarification.

I am blessed that I'm not feeling much of the impact of inflation; though I no longer buy steaks, and many other things that are now too expensive IMO. I've changed my buying habits, and adjusted to inflation. I drink cheap booze, tap water, buy stuff on sale, and eat more pork than beef; pork is often cheaper than chicken now! I buy store brand items that are much less expensive, and I found things like coffee and other items are cheaper on Amazon than local stores, even if they have sales here.

One of my goals was to have money set aside for my kids college, which me and my ex-wife did.

The other thing I'm working on is how to leave as much of what I have to my kid; the US tax laws make it very difficult to do this.

They give us tax deferred retirement savings, then turn around and force us to withdraw tax deferred money starting at 73, whether we need it or not.

If Trump did one thing for traditional 401k / IRA that would make a real difference, it would be to eliminate RMDs completely, or raise the age to something like 90 years old!

Up to 40% or more of what I've saved in my lifetime will be lost to taxes thanks to the our current system. Every legal option I have available to me results in high or even the highest taxes. Yes, I'm blessed to have this as an issue, but it doesn't change the fact that those of us who worked, saved, invested and sacrificed to accumulate wealth only to have it take away by force by the government.

IDGAF, if I could get second citizenship in a country without extradition treaties with the US, and move all my money there, tax free, beyond the reach of the IRS and quietly move there, never to return, I would; without a second thought. It's that bad.

I found the best plan I could, for legally minimizing my future taxes, before and after RMD, but it still puts me in the highest tax bracket no matter how I do it...it's airtight. I'd need $100s of millions or over $1B, or be a member of Congress, to get around it legally.

SMH.

 

[Wizard of Ozz]

 

[Floyd Eye]

I wasn't attacking you. From the perspective of people my kid's age I am "well off" since I own my own home outright. The advantage I had was being able to buy a home when they were affordable. My kid's won't have that advantage and good luck trying with groceries that are nuts, rising power and water bills, etc etc. The point is WE had advantages of time and place, times and places that no longer existent for the younger generation.

I own two. My kid and her husband own two. Mostly being in the right place at the right time with the right amount of cash though. I'd hate to be a buyer in today's market that's for sure. It will end at some point and lots of people will be fucked because they stupidly bought houses at dramatically increased prices they couldn't really afford.