David

No investing advice or guidance. Opinions are my own and should not be relied upon or used by others.

[David @DFinkCFA]

@AlephBlog Disagree but for the sake of discussion would you get a refund on decreases in your assets?

[David @DFinkCFA]

@bryan_johnson You realize how ridiculous this sounds? A single incidence of jet lag did not increase your biological age by 13 years. Your body is drained. Your strength will return when you rest up and then you can explain how you miraculously lowered your biological age by a like amt.

[David @DFinkCFA]

@DirtyCheapStock Most people have difficulty separating a company from its valuation. Of course, the WS hype machine hasn't helped, particularly with this offering.

[David @DFinkCFA]

@hashjenni From your description, you aren't even American, so who cares about your take?

[David @DFinkCFA]

@MiniRetireMatt It is clear you really don't understand the 4% rule.

[David @DFinkCFA]

@ReesePolitics @ChuckTa79852922 Arrogant? They were asking basic questions that RC couldn't (or wouldn't) answer directly. "It is on our website" is not the answer when you have the opportunity to explain things directly.

[David @DFinkCFA]

@TradingThomas3 Yawn...same old complaint every cycle.

[David @DFinkCFA]

@b_co_co They are doing what they have always done...increasing cash when they feel valuations are stretched so that they are ready to move when the inevitable decline occurs. Every cycle, people have the same complaint about excessive cash that can be put to "better use".

[David @DFinkCFA]

@BarbellFi One word...Inflation.

[David @DFinkCFA]

@GScottShand Is it your contention that the popular vote doesn't have a similar issue?

[David @DFinkCFA]

@DMAC_19 @SullyBusiness You pay taxes on the interest at ordinary rates and on principal as it is paid - either cap gains or depreciation recapture (or both). You spread out the payments but you still pay them. If tax rates change over time, you either benefit or get a raw deal.

[David @DFinkCFA]

@sc_cath @brianj345 Do those savings from not paying rent net out the expenses of owning- taxes, insurance, repairs and maintenance, etc...?

[David @DFinkCFA]

@TheRealEstateG6 What a ridiculous take. In order for it to be even worth a discussion, you'd have to assume everyone had an equal % of wealth invested and that they were all 100% invested in the s&p... neither of which is true.

[David @DFinkCFA]

@SAFCPaddy They start with the billionaires "paying their fair share" (whatever that means). Then it is those with $100 million. Then those with $10 million, $1 million, $100k, $1k...Eventually, everyone pays. Once the door is open, it never closes - it just opens wider.

[David @DFinkCFA]

@DanielMiessler Agreed. They should send a bill and then you file if and only if you have adjustments.

[David @DFinkCFA]

What an awful take. "Under 35" spans a very large group - 18 to 35 - many of whom may not even be working full time yet and may not have even begun to accumulate net worth. More relevant is the 35-44, which has 20-30 years to get to the 65-74 cohort you are referring to. Assuming 7% returns - i.e., a double every 10 years or so - the $135k median NW for the 35-44 would be $270k in 10 years and $540k in 20 years. That already exceeds the 65+ cohort by a significant amount and it does not account for any additions to NW due to raises, bonuses, additional savings, etc. - it is simply growth on the current value. You are typically better than this.

[David @DFinkCFA]

@Greiser FRA is 67.

[David @DFinkCFA]

@nickgraynews You can talk to them about whatever you want. If they have material inside information, they may be limited in how they can respond.

[David @DFinkCFA]

@kurtbardella Is his watch over?