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I never said nor implied that any level of the DOW made life worth living. What I did imply and stand by is that the country would not be doing any better now had Hilary won...and won't be doing better with Biden's hacks. Does anyone really like John Kerry? I mean, really.Well wxman123, if DOW 30K is what makes life worth living for you then I guess we have vastly different priorities. Tell me, how has that made life any better for the average Joe on the street. How is the world in general any better at all because the of that milestone? The rich got even richer. Whoopie!
I'm also more willing to put Mr. Kerry up in fancy European hotels than any member of the current administration in Trump properties anywhere but that's just me.
I would think it rather foolish to be posting regularly on MFO if YOU weren't concerned about making money. And, how exactly is the level of the DOW at odds with the health of the U.S? Capitalism and wealth creation is a big part of what has made America great. When the DOW suffers there's a good chance the country is suffering too. Thank god this elitist crap is on the wane and the GOP is becoming the party of the working man. Even this time Trump would have won by a wide margin had it note been for "mail it in voting." I strongly suspect that many had no idea what Biden's policies would be nor cared.An army of political hatchetmen qualified in nothing other than a nihilistic agenda of Trumpism brought four years of chaos and administrative subversion.
I prefer "hacks" who are well-qualified administrators with experience in their jobs.
A preference for the wealth of the Dow over the health of the United States is, unfortunately, not unique to wxman123. There are plenty more just like him out there.
You are correct that these two funds will track closely.IJR and VTMSX should track pretty closely, because they're both based on the S&P 600. The former is a pure index fund that is designed to track the index. The latter "purchases stocks included in the S&P SmallCap 600 Index—an index that is made up of stocks of smaller U.S. companies—in approximately the same proportions as in the Index" but is managed for greater tax efficiency. (Quote is from summary prospectus.)
Okay.I don't see any reason to own BRK.A
SPY beat it easily for 1-3-5-10 years and with lower voltility.
what-happens-to-small-caps-after-a-huge-monthly-gain/The Russell 2000 Index of small cap stocks is currently on pace for its best month ever. As of Tuesday afternoon, it’s now up more than 20% for the month of November. I looked at every double-digit return month for the Russell 2000 going back to 1979 and then calculated the total returns for the ensuing 1, 3 and 5 year periods to see how they performed after those wonderful months:
Schools teach, or at least they used to, that there are three sets of stakeholders in a company. The two mentioned here - the owners and the employees - and a third, the customers. Boeing shortchanged its customers by compromising safety, by hiding information, by marketing the MAX as something it was not.Yet in recent decades, Boeing — like so many American corporations — began shoveling money to investors and executives, while shortchanging its employees and cutting costs.
https://www.theatlantic.com/business/archive/2016/12/short-term-thinking/511874/Almost 80 percent of chief financial officers at 400 of America’s largest public companies say they would sacrifice a firm’s economic value to meet the quarter’s earnings expectations. ... (This dynamic backfired at Wells Fargo, where employees pressured to meet quarterly targets opened accounts without customers’ permission.)
Dow 30K in the face of the worst worldwide natural disaster of our lifetime. Yeah, thank god this is coming to an end. Biden and his Merrymen of hacks will do so much better. As a commentator so perfectly put it yesterday....Kerry finally got his dream job, hanging out in fancy central European hotels making deals that are terrible for America. IMHO nothing about this administration is likely to make day-to-day living better for anyone posting here...or for most of America for that matter. Peace to all, and happy T-Day!the current administration had no transition plan and was not ready to take power in January, 2017. Grifters and inhabitants of the swamp saw the opportunity and cashed in.
So true and it gets worse towards the end. In addition, the incompetence from top down in so many aspects is unreal. So much for a successful businessman trying to run a country.
So true and it gets worse towards the end. In addition, the incompetence from top down in so many aspects is unreal. So much for a successful businessman trying to run a country.the current administration had no transition plan and was not ready to take power in January, 2017. Grifters and inhabitants of the swamp saw the opportunity and cashed in.
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