@jdk4177@TheFourthPeriod I guess it's also for people coming in from opposing teams. I wonder if the Mavs will move as well then, as their lease is until 2031, and they were planning to go to Irving in a new arena built by Las Vegas Sands Corp.
Let's assume we close down another thousand points today. I understand why there's a lot of teeth-gnashing, and I get it, but I'm kind of a long-term guy when I look at P/E ratios. So we took the market down from sort of 22 P/E to now around 17 and a half as of this hour, which historically is not, not a bad place to enter if you want to think about long-term sustaining returns. So I'm looking at it, and I've started to nibble. I'm not gonna catch the bottom, but 17 P/E sounds pretty good to me on the S&P 500.
Now we go to the question of what happens regarding all these tariffs? You’ve got two pieces to this negotiation. One is remove all tariffs, I'm 100% for that. Everybody's willing to cut a deal to zero tariff both ways as part of a package. I believe in economics driving everything at the end of the day, and I don't think the Trump administration is stupid. They know they've gotta start negotiating deals and show the world what the outcome of this is gonna be.
In Canada, when you start something ambitious everyone ignores you until you’re successful, then everyone hates you.
In SF, when you start something ambitious, everyone tells you why you’re wrong until you’re successful, then they say they saw it from the start.
Start in Canada to build in obscurity, leave when they come with the pitchforks.
@MichaelJStern1@Martina That headline is purely clickbait.
Not a supporter of him, however I searched as to timeline references. They’re off by a decade. Nowhere in the article does it state that her passing occurred in 2012. From the outset, you’d assume it happened in the last few years.
Misleading.
Milton Friedman said it best:
“Keep your eye on how much the Government is spending, because that is the true tax.
There is no such thing as an unbalanced budget. You PAY FOR IT either in the form of taxes, or indirectly in the form of inflation or debt.”
Fact check: TRUE ✅
Just wrapped a client meeting.
Female.
73 and healthy.
2 adult kids (age 42 and 47).
13 year old grandson.
Plenty of money for her comfortable retirement.
The conversation was mostly focused on estate planning and encouraging her to feel okay giving money to her adult kids.
Here's what I said to her:
"Think about life 20 years from now. You're 93... Your kids are in their 60s and your grandson is 33.
Then they'll inherit your money. However, at that time everyone is fairly settled into who they are and what they'll become.
Now compare that with a gift today.
Your kids are at a place in their lives where a financial gift can have a trajectory-altering impact. Consider the ripple effects of removing a bit of financial stress from the parents of a 13 year old.
I'll help ensure your needs are met for the rest of your life, but if you see an opportunity to help the people who matter to you, seize it."