Manbearbull
@11_alv
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Tax professional, CA CTEC, CA real estate licensed (not a realtor) Stock and Crypto investor and Master data analyst. Tweets are not financial advice.
Joined February 2013
I’m glad the market was down today because now I can share my thoughts on 2024. We had a 1% drop today and every bear has stuck its head out of the cave to spread a little doom this holiday season. I don’t mind the drop at all, it just spreads some fear around making it.
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If you knew nothing about the national debt, a protest going on half way across the country, something a politician said or a war in another country, would it affect your day to day life? . No it wouldn’t and you’d have 4 less things, that have zero impact, to worry about.
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Agree 💯.
The hardest drug to quit of them all is a salary.
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The OBBB SALT deductions are temporary. 40k then reverts back to a 10 cap in 2029. The smart homeowner will take those tax savings and use it to pay down the mortgage (new loans). The dumb one will use the savings to buy the biggest home possible.
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I’m not on TikTok, Instagram, Facebook, Reddit. So why would I want to see screenshots or videos of those apps while I’m logged into X???? . If I wanted to see those posts I’d be on those apps and I’m not because those apps annoy me.
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Seeing posts saying you need to move to Thailand to live on 5k a month make me laugh. Our society is doomed.
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This is true but we had a bear market in 2022, that’s where the current Bull started to run.
Those who miss the big bull run from 2020-28 will get another opportunity in 2040. 2030s will be a lost decade led by US markets.
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Facts.
"When you sell in desperation, you always sell cheap.". — Peter Lynch.
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Now you understanding why I became a “SPY Guy”.
The Invest America Act just cleared Congress—every U.S. child gets a $1K S&P 500 starter account at birth. 70M kids gaining a stake in America’s growth 💪🇺🇸 🚀Accounts go live 7/4/26, our nation’s 250th birthday, future-proofing prosperity! .
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Spending 40k or more on a depreciating asset to take “advantage of tax savings” is being taking advantage of NOT the other way around.
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Leverage is risky.
"Leverage is the only way a smart guy can go broke: if you owe money and can't pay it off. Just pay for everything, do smart things, and eventually you'll get very rich.". — Warren Buffett.
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Power recliners in, mini theater ready to go. Will add little things as time goes on but garage/man cave complete.
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These Anti Amazon and Jeff Bezos posts are stupid. Amazon employs 1.1M Americans not to mention money made from the vendors selling products and manufactures selling to the vendors . It’s nothing but stupid propaganda put out there by short sellers trying to make a buck.
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Robots do not need to walk to be effective. R2D2 did all the heavy lifting while C-3PO just ran his mouth.
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This is a must read, and I’ll add people were a lot happier living life that way, especially children.
Lifestyle inflation happened, that's it. If you wanted to live the 1950 version of this that our grandfathers actually lived, you still could very easily. You'd just be in Iowa or Ohio or whatever. No $1k smartphones or central A/C; no trips to Prague, no top-20 cities. Eating
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Just so you know in supply chain the next two weeks are the last chance to get orders in for a September delivery and on the shelves for Black Friday sales. I would expect to see a flurry of trade deal announcements coming up real soon.
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Reddit is nothing but a modern day Readers Digest, its crap and has no place in serious investing or economic analysis. It’s fiction, leave it in the fiction section.
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Bears: “everyone is getting laid off! Buckle up!” . Jobs report: “STFU”. Bears:
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