Brian Face, CFP®

Fee-only Financial Planner 📊 & Founder of Face 2 Face Financial Planning, Father, Husband, UofM fan, XY Planning Member📈

[Charlie Bilello @charliebilello]

You don't rebuild the American cattle herd by importing foreign beef and intentionally selling it below the market price American ranchers receive.

That's exactly the opposite of the incentive structure one would use to encourage domestic supply growth.

More supply + below-market foreign competition → lower domestic beef prices → lower cattle prices → weaker margins/incentives for American ranchers → less domestic supply

[Charlie Bilello @charliebilello]

US National Debt in March 2016: $19 trillion
US National Debt Today: $40 trillion

[Charlie Bilello @charliebilello]

July: The Federal Government took in $334 billion and spent $766 billion.

That's a $432 billion deficit in just one month.

Don't try this at home.

[Charlie Bilello @charliebilello]

The US National Debt has increased by over $400 billion since July 1st.

The Federal Government continues to borrow from our future to spend money like drunken sailors today.

Everything they said about "balancing the budget" was a lie.

Next stop: $40 trillion...

[Charlie Bilello @charliebilello]

Tariffs were pitched as the fix for America’s trade deficit.

Instead…
Last 18 Months: –$1.80 trillion deficit in Goods.
18 Months Prior: –$1.74 trillion deficit in Goods.

The deficit didn’t shrink. It increased 4%.

[Charlie Bilello @charliebilello]

% Below All-Time High...
JPMorgan: 0%
Apple: -1%
S&P 500: -3%
Nvidia: -13%
Amazon: -17%
Google: -22%
Meta: -25%
Gold: -28%
Microsoft: -31%
Tesla: -37%
Palantir: -42%
Netflix: -48%
SpaceX: -49%
Bitcoin: -50%
Silver: -52%
MicroStrategy: -83%
Trump Coin: -98%
Melania Coin: -99%

[Brian Face, CFP® @faceman16]

@SamWebb77 @ElliotCadeau He is taking over.

[Brian Face, CFP® @faceman16]

@dougboneparth I will file a extension so I can do those steps all over for the next six months.

[Brian Face, CFP® @faceman16]

@averagejoelle @dougboneparth Yes and now you find out that other governments are also putting money into politics.

[Brian Face, CFP® @faceman16]

@GhostOfQC44 @justinamash I was so surprised it was only 6-3, seems like one of the easiest ones so far.

[Robert Griffin III @RGIII]

This is not the world we dreamed of for our kids.

[Peter Mallouk @PeterMallouk]

Money impacts happiness-to a point. Once our income reaches a certain point and our basic needs are met, happiness requires:
1. Gratitude
2. Being around positive people
3. Choosing experiences over things
4. Being proactively kind
5. Spending time with friends and family

[Dr. Arthur Brooks @arthurbrooks]

The 7 factors that most reliably predict happiness and health as we age are:

• Don’t smoke
• Limit alcohol
• Eat well
• Exercise regularly
• Keep learning and stay mentally curious
• Have a practiced way to deal with suffering
• Love

[Cody Garrett, CFP®️, CFT™ @MeasureTwiceMNY]

"Nobody cares more about your money than you."

This is often quoted as a reason NOT to hire a financial advisor.

But caring the most doesn't mean avoiding professional guidance:

• Caring about your physical health doesn't mean skipping medical exams.

• Caring about your mental health doesn't mean skipping therapy.

Hiring a financial advisor doesn't mean delegating your financial life.

It can mean hiring a financial planner who helps you make your own informed decisions - as a guide, not the hero.

*Not advertising for my firm. Not accepting new client relationships*

[Mitchell Baldridge @baldridgecpa]

Every effort to reduce housing cost by subsidizing demand will result in increasing Home prices

The only ways to make homes more affordable in the long run is to increase supply or reduce demand

[Barry Ritholtz @Ritholtz]

"Lower interest rates or we will indict you"

America enters banana republic territory...

[Brian Sullivan @SullyCNBC]

Venezuelan oil is thick and sludgy. Good for diesel fuel. Otherwise it's a more difficult substitute for 'normal' oil.

Think maple syrup v. soda.

[Pennsylvania Football News @PaFootballNews]

We are going to see soon that 1000s of players made mistakes. Coach nails it. Stop worrying about a check. Start enjoying life. Most of those in the portal just made their college experience more expensive and many just ended theirs.

[Brian Face, CFP® @faceman16]

@amredman @DividendBreeder If your saying this you haven't read the book. Its one of the best books for money and life.

[Ben Carlson @awealthofcs]

3 options to fix a broken housing market:

1. 50 year mortgages (not that helpful)

2. One time 3% mortgage for anyone who missed out (not bad)

3. Build more housing (obviously)

https://t.co/HAwDed76ym