My attitude is that a car isn't a flex unless it costs at least $100k, so either flex properly with something that actually turns heads, or drive the best value car you can find that fulfils your needs. I'm worth about $7m but I still drive the same 1995 Saab 9000 that I picked up for $1200 many years ago when I was worth about $250k. People ask my why I don't upgrade, but I honestly don't see why I should.
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Imagine just saving for a car, TV, holidays etc and then dying one day before getting all this. So lesson is do it now, spend money you dont have, enjoy life because in a few years nothing will matter anyway.
You build it, they tax it. You buy it, you repair it. A storm blows it down, you fix it. A war breaks out they take it. You are an example of someone who has gotten rich off the broken system… RIP JASPREET 2024 😢
Trading is more accurate when you know how to utilize your portfolio at best. it’s all about having a strategy,knowing when to buy & sell and most importantly having proper guidance from a professional to help secure trades likewise help recognize the right pair to trade for massive profits.
Hey there, I have been trading for about a few months now and just about every trade slaps me in my face. Nearly impossible for me to catch more than a few points . I try to do top down analysis and MTF analysis, but it doesn't work for me . I say to myself, clearly I'm in the 90% that lose money, so I open a demo account, do my analysis, then take the opposite of what I would normally take(I know, it sounds stupid but I was desperate) and get the same result. I'm starting to feel hopeless, any advice for a struggling trader?
The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, invt-advisors are ideal reps for investing jobs, and at firsthand encounter, since Jan,2020, amidst covid outbreak, my portfolio has yielded nearly 300%, summing up to 7-figure as of today.
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You talked about ending subsidies for oil and gas companies but didn't really elaborate on the details on what those were and why they were doing away with this. I work in this industry in California where it's a state that is very hostile to this industry. We are all just hard working people that are able to make a decent living especially in cali and I don't understand why this government wants to do away with fossil fuels because it's "bad for the environment" while importing oil from foreign countries who don't have the same environmental operating standards that we do and still complain that we have some of the highest gas prices in the nation.
Entrepreneurs can put more innovation, but that is just as much wishful thinking as an efficient government. There is a point at which more money doesn't mean more innovation, just padding the greedy. Taxes helps balance that out, but it isn't efficient because it is human run. How about commissioning a budget to have engineers and scientists build a computer and program/train an AI to balance the economy. Every business could have an account with the computer and the computer would decide what is fair and necessary for each business. Crazy ideas, i know.
Imagine if companies were in charge of assigning tax dollars. They would funnel it into their own businesses to inflate their income and causes. What about the government enforces the IRS to take the accounting responsibility and tax professionals so the companies just get a summary and bill at the end of the year, Then the companies don't have to pay professionals to see how much they can risk cheating the country.
The job market in the US is a lie, but even still, no economy can absorb millions of new workers without wages bottoming out or at least remaining stagnant. Housing costs have skyrocketed. When everyone moves to California or Vancouver it turns into an entirely different place. I’m not sure why anyone expected anything else. Respectfully.
When I think about this, going forward into the future, it's possible that going Roth is a good idea if you have a LOT of money in retirement accounts, due to the tax climate may be unfavorable to the rich - those with large asset totals. For those with less $$$, it might be a wash. But those who have a lot less, Roth might be a less favorable idea.
I intend to retire early financially and then just work part time at my current job instead of full time , which basically means a 30 hours work week instead of the current 60 hours work week. I dont love my job ... but i also dont hate it. Ill keep one foot in this job til i find something more fulfilling.
