Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
For what it’s worth I ran some projections TaxCaster this morning. I reduced taxable income by the increase in the standard deduction granted to seniors. Save a bit in Federal taxes owning but lots of SS income was still subject to tax. YMMV.
It’s way more nuanced than the letter suggests. Of course a bigger standard deduction is welcome but we will still have to plug in SS income. If you have two big RMD’s and lots of income from taxable accounts some or plenty of the SS will be taxed…
Given that the letter celebrates a bill passed entirely by one party the message, in addition to being less than transparent,,, is highly political. Years ago we lived in a rural part of Mexico and noticed a sign that boasted about highway improvem…
From my reading of the law the standard deduction for seniors is increased but social security income is subject to taxation. If my reading is correct the email is very disingenuous at best and more likely just more maga bullshit.
Beyond the human suffering caused by our fellow human beings losing their health care, the economic cost of this madness is going to be greater than maga understands. We have a medical professional in our family who works for a major healthcare sys…
According to M* the top 4 positions in both TCAF and VOO are the same companies. . Seems like the results are likely to be similar. We have been building a position in CGDV. so far so good but a short track record.
For what it’s worth and it’s worth NOTHING,,, I will no longer engage with maga droid here. I have parted ways with friends and relatives who self describe as trumpers. He is worth far less …
I think lots of us care in the best possible way… How to effectively fight back before the regime makes resistance impossible is the question. They are building a gulag in Florida. Won’t be the last. Even Nixon was an institutionalist in the en…
Contrary to the view from FD and his rose colored glasses ,,, America is fucked and we won’t even know how bad for weeks. The pundits I follow say fight we must but I don’t see a path forward. Anyone have any hope to share?
@Catch22. Good report. I think as time goes by everyone will be impacted in ways big and small and things we took foregranted will be stolen from the American people in order to make it so the ultra wealthy pay no taxes. After all is said and don…
Dr Venture. This thread has made me smile in an otherwise shitty day for the country. I bet the OP has NO Idea what any of this means. These posts really tie the thread together.
At Crash. It’s easy to pick on “the Deep South” and “rural places” but how bout going to services on the most important holiday of the year in a place of worship protected by uniformed, armed guards. In the capital of the bluest state of the countr…
At Andy. In the last election Harris undoubtedly lost some votes because of her gender and some additional votes for being of color. In a very divided electorate a million votes here and a million votes there lost and you have been defeated. Jewi…
At. AndyJ. A bit of history if I may. When I was a kid in the 50’s my family would often take long Sunday drives. My dad would point out towns where we could not live,,, golf courses he couldn’t play and boat clubs we couldn’t join. I was discour…
At FD1000…. Just your opinion man. Another POV is that it’s just another shitty week in which the rule of law,, democracy, the constitution and governance by three branches all go down the drain. And the greatest upward transfer of wealth and the m…
Crash,,, at the end of the day ,,,,, your last sentence sums up the whole situation…”WAY TOO MANY REALLY IGNORANT VOTERS,,,”. Flaws in the system, lackluster Dems,,,,, all pale in comparison to what the regime is doing. My cat would make a better pr…
at FD. You make everything political. We own two cars,, a 2013 and a 2023. The newer car has so much tech and safety features it’s impossible to compare. Does the previous administration get credit for the vast improvements in all cars in the las…
At Andy. JBP has the significant disadvantage of being a member of a religious group that has never been elected president. Seems remarkable but it’s a fact.
At catch. I am of course familiar with Project 2025. They are serious people, not like the clown in orange. The pessimist in me does not agree with your last sentence. Right now political and legal challenges are quickly weakening. They are so con…
At Old _Joe. I think you absolutely nailed the problem. It’s not that the contemporary group of Dems are so horrible,,, it’s the morons who vote maga. It’s apparently not cool for talking heads to talk about the morons but that’s the real issue.
At Hank. Thanks for your comment… that’s an oft repeated thread on bogleheads. I have concluded that if I am not taking the div, I am really going to be selling shares at some future time and thus total return is what matters. And now for me the …
Soon the regime will not allow any negative reports,,, inflation will be low all the time,,, as will be unemployment. The GDP will forever be growing and those individuals questioning the numbers will be subject to disappearance by masked armed thu…
Taking a 30,000 foot view , it seems obvious that the head of the regime is a pathological liar, an incompetent narcissist and more generally a MADMAN. And let’s not ignore that he is surrounded by a brown nosing bunch of clowns. How long can the …
@Junkster. Some observers think this time is different….. the sum total of everything that has happened since Inauguration Day is so far from normal that analogues to other markets, other wars , other trade wars just don’t hold water. But the mark…
@Hank. I must have missed that call but if I did answer that one I certainly would not have believed it. But I sure went to sleep last night expecting a really bad day …what do I know? Nothin.
Sunday night futures are reflecting a nothing out of the ordinary weekend. The street really seems to be disconnected from the news right now. How long might that last? Who knows?
