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Pototan

(3,033 posts)
4. Not much different
Wed Jun 4, 2025, 11:51 PM
Jun 2025

My wife and I have Social Security, and I have a union pension. The annuity is a union invested one and pretty conservative, as I said.

The annuity usually breaks at about 7% to 8%, but in the last two Biden years skyrocketed to over 20%.

Trump took a solid national economy, the envy of the world, and drove it into the tank with tariffs. Tariffs may have been a good idea 35 years ago to keep American manufacturing jobs in the US, but now the time has passed. Taking into consideration the spectacular advancement in technology and other factors, it's too late. We do not have the trained workforce, facilities or people who want those jobs. For Christ's sake, we can't even get workers who want to come to the office.

Recommendations

2 members have recommended this reply (displayed in chronological order):

Dismantling the government is bad for business. Frasier Balzov Jun 2025 #1
I have two mutual funds LogDog75 Jun 2025 #2
Not much different Pototan Jun 2025 #4
a down economy is bad for the country but good for the party out of power cadoman Jun 2025 #3
I've don'e OK no matter what the market has done Warpy Jun 2025 #5
Small Cap stocks are not considered conservative investments. A HERETIC I AM Jun 2025 #6
Small caps are not conservative edhopper Jun 2025 #7
10-year trend Pototan Jun 2025 #8
In 1929 edhopper Jun 2025 #9
If the next collapse is as you say Pototan Jun 2025 #10
Doesn't work that way edhopper Jun 2025 #11
Let me explain my OP Pototan Jun 2025 #12
Do a search for Bart Starr's report bif Jun 2025 #14
There is no doubt about that edhopper Jun 2025 #19
I'm mostly in bonds spinbaby Jun 2025 #13
Of my 4 accounts, 2 are up under Trump Johonny Jun 2025 #15
Both me 401K and brokerage account are still down. Happy Hoosier Jun 2025 #16
The Biden years will be the last years the working class even had a chance to get ahead in America Johnny2X2X Jun 2025 #17
I have a wonderful financial guy. PoindexterOglethorpe Jun 2025 #18
The long run edhopper Jun 2025 #20
The long run is not going to be decades. PoindexterOglethorpe Jun 2025 #21
1974 edhopper Jun 2025 #22
1974 is when I started investing. PoindexterOglethorpe Jun 2025 #23
The Dow fell between 1973 and 1974 edhopper Jun 2025 #24
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