• 4 Posts
  • 625 Comments
Joined 1 year ago
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Cake day: July 1st, 2023

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  • I started paying attention in 2000, even though I didn’t really understand it and couldn’t vote, however my first voting election was 2004 and I remember being disappointed when John Kerry lost to Bush, who had already gotten us involved in two wars that would cost trillions of dollars.

    My experience has been that Republican administrations tend to be rife with corruption, cut taxes for rich people and run up the deficit.

    Eventually, people get sick of the moral decay and tanking economic prospects and put a democrat back in, who tries to undo all the damage, but is blocked most of the time by Republicans in Congress acting in bad faith.

    Then, the right wing media environment drums up a load of fear about immigrants and actual lies about the economy to get everyone voting for a Republican again.

    That’s the cycle, except the Republican media ecosystem gets more extreme over time, and so do the candidates.





  • You got in at a bad time and probably picked some subpar investments. You likely bought some big tech stocks at the worst possible time, and many of them never recovered because they were way over valued to begin with.

    Stick with total market or sp500 fund like VTI or VOO. You’d be up right now if you had.

    Also, it sounds like you invested once and then never bought more? The whole point is that you’re buying more every paycheck. You’d be way up if you’d kept investing through 2022 when prices were low.

    Retirement accounts with the right funds are supposed to be set it and forget it. Make the automatic contribution every paycheck and look at it maybe once or twice a year. Otherwise, let it be.