Author Topic: Non-Political Market/Economy/Finance/etc. Thread  (Read 17763 times)

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Offline Pete

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #500 on: February 23, 2024, 05:34:25 PM »
I think I need double the money right now, adjusted for inflation.

So, if I earn 0.03 over inflation for 12 years then (1.03)^12 = 2.022469067498369 times my present value.

1.03^12 = 1.425760886846178945447841 times your PV. If you want need to double your money in 12 years (assuming no further contributions), you need to have a real return of roughly 6% (72/6 = 12).
Yeah, I messed that up. The spreadsheet was right by my phone was not.

3% over inflation for 12 years gets me to where I want to be if I also max out 401K over the next 12 years….then plan to take out 4% a year, leave 3 years or so in cash, and the rest in the S&P 500.  We’ll see, so much can happen to change all of this.

Offline catastrophe

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #501 on: February 23, 2024, 07:03:18 PM »
If you can be treated over zoom you dont need a doctor
Zoom medicine exists solely to get prescriptions for stuff that should be OTC like drops for pinkeye.

Offline Spracne

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #502 on: February 23, 2024, 07:21:00 PM »
If you can be treated over zoom you dont need a doctor
Zoom medicine exists solely to get prescriptions for stuff that should be OTC like drops for pinkeye.

Boner pills, depression pills, anxiety pills, hair loss pills. All kinds of stuff, and it keeps expanding every day.


Offline steve dave

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #504 on: March 07, 2024, 07:53:43 PM »
Why don’t we all take the s&p strategy one step further and just put all of our money into the 10 largest companies??  We’re losing out on a lot of money.
You are now




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Offline wetwillie

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #505 on: March 07, 2024, 08:21:27 PM »
I looked at my 401k today and it said my portfolio was up 30% YOY, that can't be right can it?
When the bullets are flying, that's when I'm at my best

Offline Spracne

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #506 on: March 07, 2024, 08:22:11 PM »
I looked at my 401k today and it said my portfolio was up 30% YOY, that can't be right can it?

The State of the Union is strong.

Offline steve dave

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #507 on: March 07, 2024, 08:30:12 PM »
I looked at my 401k today and it said my portfolio was up 30% YOY, that can't be right can it?
WE BACK UP


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Offline IPA4Me

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #508 on: March 08, 2024, 11:26:19 AM »
Back to yesterday's highs. Oh no.