Anyone Afraid Of Inflation?

Thebrownblob

Thebrownblob

Well-Known Member
Over70irregs said:
Yeah, what you should say is you don’t know. Your 401k and Pensions especially FAANG are having an IBM moment.
Click to expand...
1738783255767.gif
 
Wally

Wally

BrownCafe Innovator & King of Puns
Over70irregs

Over70irregs

Well-Known Member
Your last chance to make it is dwindling. Your children are to be forever renters. The dominance of BlackRock, Vanguard, and State Street is not just in terms of market share but also their approach to ownership. They hold the largest shareholder positions in 40% of all listed U.S. corporations and 88% of S&P 500 firms. Unlike actively managed funds, these positions are held permanently, which gives the Big Three a unique and long-term influence over corporate governance.
 
Thebrownblob

Thebrownblob

Well-Known Member
Over70irregs said:
Your last chance to make it is dwindling. Your children are to be forever renters. The dominance of BlackRock, Vanguard, and State Street is not just in terms of market share but also their approach to ownership. They hold the largest shareholder positions in 40% of all listed U.S. corporations and 88% of S&P 500 firms. Unlike actively managed funds, these positions are held permanently, which gives the Big Three a unique and long-term influence over corporate governance.
Click to expand...
Honestly, I’m about to pay off my house and I’m questioning my choice of “owning” a home as being worthwhile. I could certainly see in the future if taxes and insurance continue to rise even after my home is paid and I’m on a retirement budget, losing a home that I supposedly own. For all I know I’m just keeping the place maintenance for the owner that takes it over from me when they take it from me in my Twilight years. FYI, my homeowners insurance doubled this year for absolutely no reason that I personally caused as I have not made a claim in over a decade.
 
UnionStrong

UnionStrong

Sorry, but I don’t care anymore.
Thebrownblob said:
Honestly, I’m about to pay off my house and I’m questioning my choice of “owning” a home as being worthwhile. I could certainly see in the future if taxes and insurance continue to rise even after my home is paid and I’m on a retirement budget, losing a home that I supposedly own. For all I know I’m just keeping the place maintenance for the owner that takes it over from me when they take it from me in my Twilight years. FYI, my homeowners insurance doubled this year for absolutely no reason that I personally caused as I have not made a claim and over a decade.
Click to expand...
You gonna live on the streets? You’re just saving stuff for the next owner, everything, guns, jewelry, coins, we just borrow them for awhile.
 

Similar threads

V
How the U.S. Government Will...
Replies
4
Views
655
vantexan
V
olroadbeech
$700B Inflation Reduction Act Malarkey. Another Money Grab !!!
2 3 4
Replies
74
Views
6K
Wally
Wally
cheryl
Earnings: UPS hikes prices to offset inflation
Replies
0
Views
1K
cheryl
cheryl
M
Part Time raise as of 8/2022
Replies
8
Views
3K
M_Sundy
M
N
No Work for PT Air Drivers Peak ‘23
2 3 4
Replies
64
Views
9K
Backlasher
Backlasher
Top