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Topic: How do you think the US economy is doing right now?

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FearlessF

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Re: How do you think the US economy is doing right now?
« Reply #238 on: August 03, 2024, 07:40:32 AM »
guess I should keep my job for a while
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bayareabadger

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Re: How do you think the US economy is doing right now?
« Reply #239 on: August 03, 2024, 07:44:16 AM »
Was happy to be able to sell of a bunch of company stock at the start of the week. It behaved a bit unusually for the weeks when I’m allowed to sell, but ultimately ended up where I expected.
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MaximumSam

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Re: How do you think the US economy is doing right now?
« Reply #240 on: August 03, 2024, 07:48:15 AM »
I can tell you the economy is about to crash because my oldest is about to go to college and her college fund is in the stock market
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Cincydawg

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Re: How do you think the US economy is doing right now?
« Reply #241 on: August 03, 2024, 08:26:05 AM »
Any money I think I will need in the next five years is in "cash equivalents", not the market.  
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FearlessF

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Re: How do you think the US economy is doing right now?
« Reply #242 on: August 03, 2024, 08:29:43 AM »
I could say that if I work another 4 years
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847badgerfan

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Re: How do you think the US economy is doing right now?
« Reply #243 on: August 03, 2024, 09:45:55 AM »
Took a beating in the market this week.
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MarqHusker

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Re: How do you think the US economy is doing right now?
« Reply #244 on: August 03, 2024, 11:19:54 AM »
Dry powder!   

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Cincydawg

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Re: How do you think the US economy is doing right now?
« Reply #245 on: August 03, 2024, 12:58:08 PM »
My IRA topped a mark, a round number, I never thought I would see just last week, and I mentioned to the wife I should sell it all and put the money into CDs and be done with it.  Of course, I didn't.

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betarhoalphadelta

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Re: How do you think the US economy is doing right now?
« Reply #246 on: August 03, 2024, 02:13:40 PM »
Quote from: Cincydawg on August 03, 2024, 12:58:08 PM
My IRA topped a mark, a round number, I never thought I would see just last week, and I mentioned to the wife I should sell it all and put the money into CDs and be done with it.  Of course, I didn't.
It's ok CD. I'm sure you're good with $999,999,999. Don't need the B in the number to survive. 
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Cincydawg

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Re: How do you think the US economy is doing right now?
« Reply #247 on: August 03, 2024, 02:18:45 PM »
We can probably scrape by for a while yet.

My wife paid for lunch today.

I had Nook Style Migas, which was ... interesting.

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847badgerfan

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Re: How do you think the US economy is doing right now?
« Reply #248 on: August 03, 2024, 02:21:43 PM »
My wife's pension is the equivalent of having about $2.5 million in a shoebox (today), not gaining any interest and no COLA attached to it. So, I don't really know what it's "worth" in 20 years.

The good news is it's fully funded (actually 125 percent) so Baxter Healthcare has done a nice job.

About 3 years after she started, they stopped pensions. Not a lot of people on the program anymore.
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Honestbuckeye

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Re: How do you think the US economy is doing right now?
« Reply #249 on: August 03, 2024, 02:22:44 PM »
Very similar to my breakfast- City Coincil


With 
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MarqHusker

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Re: How do you think the US economy is doing right now?
« Reply #250 on: August 03, 2024, 04:47:30 PM »
my prior employer had a pension (which i did fully vest in before we were spun off)   it does have modest adjustments,  i basically look at it as a funding source for my future utility bills and other overhead.
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utee94

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Re: How do you think the US economy is doing right now?
« Reply #251 on: August 04, 2024, 12:47:47 PM »

Quote from: betarhoalphadelta on August 03, 2024, 02:13:40 PM
It's ok CD. I'm sure you're good with $999,999,999. Don't need the B in the number to survive.
Tres Commas

Quote from: MarqHusker on August 03, 2024, 04:47:30 PM
my prior employer had a pension (which i did fully vest in before we were spun off)  it does have modest adjustments,  i basically look at it as a funding source for my future utility bills and other overhead.

I've never had a pension.  Between my various jobs, I currently have an IRA, and two 401K plans.  I've been investing what I could since I was 22, they're doing pretty well over the decades, I can't complain.

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