I’m not debating politics, just your faulty facts. What you claimed in your first post was not factually correct, either for dow or s&p. but just for your awareness, s&p is always a much better indicator because it’s a broader index (500 stocks, by definition). Dow Jones only has 30 stocks. Regardless, from January 20, 2017 to January 19, 2021, S&P went from 2300 to 3750, which is an increase of 63%. From January 20, 2021 to January 19, 2025, S&P went from 3750 to 6100, which is an increase of 63%.
Upgrade ....streamer or amp?
Having decided to keep my Merlin TSM MMs, I was going to upgrade my streamer (Bluesound Node 2 ---original version) and my amp ( Billie....original version). However, recent stock market activity has my IRA in a shambles, so I am only going to upgrade only one of the two.
Any thoughts on which to start with? I was considering both the Bluesound Node Icon, and an upgraded Billie (used....after new one comes out)
What say you?
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There current P/E ratio of the SP500 is around 26, while the average is 19 with dips well below, typically over correcting in a downturn and upturn. It periodically reverts to the mean. Current governmental moves are reducing economic activity and increase inflation. I am retired, so am very conservatively positioned. |
There you go with your half truths @mdalton , GDP "grew" 13.7% because the country was shut down thanks to a virus from china, like how they kept telling us biden "created" millions of jobs when it was just millions of people who were forced to stay home went back to work after fighting against pointless lockdowns... And almost all actual new jobs went to illegals and govt buracracy expansion, and effectively zero private sector job growth |
- 39 posts total