Disgusted with the Biden administration

That belongs up there with other such Pelosi classics as "tax cuts are a spending choice"

Mind boggling 

posted by Dr Winston O'Boogie

posted by majorspark
It's the Ben Wa balls. 

Kind of reminds me of The Ring or The Grudge, but far creepier.

Thanks to this administration,  between home equity and retirement accounts,  I am down $60,000 since January.  Going to take years to grow back.

I understand the retirement accounts, but unless you are refinancing your house or looking to sell it RIGHT NOW, I don't get the advertising of the home equity.  I just sold a home last summer, and I can tell you this, the market was WAY high on proportion of value.  I sold it for probably $50K more than what the market value should have been.  Did you complain when your home equity was higher than it should have been, because the market prices got too high?

posted by Fletch

Thanks to this administration,  between home equity and retirement accounts,  I am down $60,000 since January.  Going to take years to grow back.

As a public employee, I’m sure you’ll be well taken care of.

Whining over a negative swing in home equity in Ohio, when you’re not even looking to sell. LOL.

What about desirable places that are sky rocketing? Should they be praising the administration?

posted by Fletch

Thanks to this administration,  between home equity and retirement accounts,  I am down $60,000 since January.  Going to take years to grow back.

Lol. Are you retiring soon? Selling your house soon? Otherwise, it doesn't matter, just ups and downs of the market. 

Also, over the last year, stock market is up, so thanks Biden! 

posted by ptown_trojans_1

Lol. Are you retiring soon? Selling your house soon? Otherwise, it doesn't matter, just ups and downs of the market. 

Also, over the last year, stock market is up, so thanks Biden! 

posted by Automatik

Whining over a negative swing in home equity in Ohio, when you’re not even looking to sell. LOL.

What about desirable places that are sky rocketing? Should they be praising the administration?

I didnt say I was or wasnt but this crap we are living in thanks to the Dems......I surely cant sell it now

posted by ptown_trojans_1

Lol. Are you retiring soon? Selling your house soon? Otherwise, it doesn't matter, just ups and downs of the market. 

Also, over the last year, stock market is up, so thanks Biden! 

Yes I actually am lining up to retire well before the average but now I have to delay that 

I suggest a financial advisor. Clearly you need help. 

posted by Fletch

I didnt say I was or wasnt but this crap we are living in thanks to the Dems......I surely cant sell it now

Well, all I know is Central Ohio still has a booming housing market, so maybe your location just sucks? 

posted by Fletch

Yes I actually am lining up to retire well before the average but now I have to delay that 

As someone said, financial adviser man. You can mitigate this risk I'm sure. 

posted by Automatik

I suggest a financial advisor. Clearly you need help. 

Funny thing is $60k ain't shit - this is a correction, not even bear market territory and nowhere near the 30-40% we've seen in more significant recessions.  The obvious irony is he's retiring off the public teat, not his savings.

That's exactly why I suggested an advisor. If you have grandious plans to "retire early", and a TOTAL swing of 60k is holding you back.....you have a lot to fucking learn. 

What you dont realize is that $60,000 today is not $60,000 5-6-7 years from now.  You are losing unrealized gains of $120,000+.  As your money spends years regrowing to that amount, it could have spent that time increasing from where it was.

Any of you that have anything invested shouldnt be talking shit unless you can honestly post on here how you like to watch your money disappear and dont care about it.

posted by Automatik

That's exactly why I suggested an advisor. If you have grandious plans to "retire early", and a TOTAL swing of 60k is holding you back.....you have a lot to fucking learn.