US US Politics General 2: Hope Edition - Discussion of President Trump and other politicians

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Should be a wild four years.

Helpful links for those who need them:

Current members of the House of Representatives
https://www.house.gov/representatives

Current members of the Senate
https://www.senate.gov/senators/

Current members of the US Supreme Court
https://www.supremecourt.gov/about/biographies.aspx

Members of the Trump Administration
https://www.whitehouse.gov/administration/

 

[mandatorylurk]

10k hours in ms paint.
Ver archivo adjunto 7178064

I've heard rumblings Unusual Whales sold the account ala Drudge, so now it's more TDS and Meatball inflicted brainrot.

 

[mlanguishi]

You know what to do with it.

Actually just doing a single roulette and always bet on black would be ok, if only they'd get rid of the insane 'capital gains' on gambling wins.

 

[StudMccool]

I have 40k in my checking should I buy an index fund?

If your serious dont you dare put that hard cash into anything other than property if you arent generationally wealthy

dude what state do you live in?

deadass, find a duplex or if you live in a shitstate 4plex and then rent it out, dont take my word for it just use those words as a jumping point for research

this is no meme a way for you to be financially indipendant within 10 years, its not a get rich quick scheme, its a dont eveer go broke scheme

all of this is obviously hypothetical and not actual financial advice for any lawyers lurking

 

[Zorgulon]

Capitalism is bad but socialism is worse!

 

[Dan Abrams]

I have 40k in my checking should I buy an index fund?

Just buy VOO

If your serious dont you dare put that hard cash into anything other than property if you arent generationally wealthy

dude what state do you live in?

deadass, find a duplex or if you live in a shitstate 4plex and then rent it out, dont take my word for it just use those words as a jumping point for research

this is no meme a way for you to be financially indipendant within 10 years, its not a get rich quick scheme, its a dont eveer go broke scheme

all of this is obviously hypothetical and not actual financial advice for any lawyers lurking

Don’t do this unless you’re prepared to deal with tenants (niggers) full time punching holes in the wall and overflowing the upstairs toilet

 

[The best and greatest]

If your serious dont you dare put that hard cash into anything other than property if you arent generationally wealthy

dude what state do you live in?

deadass, find a duplex or if you live in a shitstate 4plex and then rent it out, dont take my word for it just use those words as a jumping point for research

this is no meme a way for you to be financially indipendant within 10 years, its not a get rich quick scheme, its a dont eveer go broke scheme

all of this is obviously hypothetical and not actual financial advice for any lawyers lurking

Dont do this unless you're ready to put serious work into cultivating a renter base that reliably pays on time and doesn't wreck the place

 

[Orange_Juiche]

After the Cold War, Vietnam basically said 'fuck you' to Russia and China and are effectively part of the Allies. While they are still a Communist country by law, they are moreso a 'Ho Chi Minh' country which is about maintaining a fiercely independent Vietnam and they have a free market economy. Historians and economists will tell you they have a 'mixed' economy, but this is really just cope. They are a capitalist society with a one-party government.

Vietnam still has a lot of impoverished rural areas, but when I was there I found myself slowly radicalizing under the idea that all these lovely modern cities were largely the result of promised wealth siphoned away from American labor. “We traded this for Dollar Stores and fentanyl and nobody’s been dragged through the streets over it.”

And then I came home and half the Boomercons in my life upbraided me for speaking highly of a gosh darn Communist country that persecutes Christians. I looked into one of those persecution stories and was immediately blinded by how much it glowed. Arms-hoarding ethnic revolutionary cult with its own Joseph Smith getting aid from Western “religious” NGOs who then blasted out fundraising newsletters to American Boomers about how the evil Commies were arresting good Christians just like them for the crime of going to church.

 

[Honka Honka Burning Love]

Actually just doing a single roulette and always bet on black would be ok, if only they'd get rid of the insane 'capital gains' on gambling wins.

Invest in Small Online Fruit Farms.

 

[HOMO FOR LIFE RETURNS]

What...you thought MAGA was just vibes and slogans?

 

[StudMccool]

Dont do this unless you're ready to put serious work into cultivating a renter base that reliably pays on time and doesn't wreck the place

I respect the sentiment but its like saying dont drive your car unless your willing to put serious work into not getting hit or hitting someone else

Its either figure that out or walk

I feel thats a PERFECT metaphor

 

[mlanguishi]

I respect the sentiment but its like saying dont drive your car unless your willing to put serious work into not getting hit or hitting someone else

Its either figure that out or walk

I feel thats a PERFECT metaphor

More like don't live in an expensive fire zone and complain when it burns to me. There has been and needs to be more strategic thinking in investments and economics than has been going on for a long time.

 

[HodgePodgeRogerDodger]

My breakfast of radiator cooked street rocks and dead rat was very delicious, thank you Donald for lending me nothing so I can be so happy!

Why would you announce to the world that you are Indian, bro?

 

[autistic dog]

If anyone comes to look at my property who's dark in complexion ill put a (C) next to their name so I know they might be too cool for a square like me to rent to.

 

[StudMccool]

More like don't live in an expensive fire zone and complain when it burns to me. There has been and needs to be more strategic thinking in investments and economics than has been going on for a long time.

your 100% right but it feels like your coming up to me at the arcade when Im trying to show my buddy how to use the broken Ske ball game to give way more tickets than all the other rigged games and your standing there lecturing me and him about how its

"unstanable for the long term health of the arcade to abuse loopholes in the system"

Mfer if you dont pipe down you KNOW where the next ske ball goes, let us eat.

 

[Dan Abrams]

Anyone who unironically thinks just buying a property and renting it is an easy source of income should literally ask any landlord and stop watching TikTok finance bros.

 

[Core Theorist]

Anyone who unironically thinks just buying a property and renting it is an easy source of income should literally ask any landlord and stop watching TikTok finance bros.

On the other hand, let's admit it's not hard being a slumlord.

 

[tehpope]

I have 40k in my checking should I buy an index fund?

Before you invest
Make sure you have some savings built up in case of an emergency. 6 months to a year is usually a good amount.
Don't have any outstanding debt.

Other than that, go nuts.

https://www.bogleheads.org/wiki/Three-fund_portfolio

https://www.optimizedportfolio.com/lazy-portfolios/

Vanguard is usually really good. Performs well. Low cost. I think the schwab ones perform a bit better. But I would do some back testing before pulling the trigger.
I like ETFs better than Index funds. Index funds you can't sell until EOD. ETFs can be sold any time during trading.

My personal portfolio was 60 SCHG / 40 SCHD. I did my research. I say was because I didn't follow the two rules above. I am an idiot. I'm working towards becoming debt free and having an actual savings account.

If you're gonna be making a large purchase, say a home or car, in the next 5-7 years, I would hold off investing. You won't make that much money just being in an index fund / etf.

If you're willing to gamble, leveraged etfs are where its at. 3 times the reward, 3 times the risk.

https://www.optimizedportfolio.com/hedgefundie-adventure/

Edit: DISCLAIMER: I am a retard on an internet gossip forum. Take my advice with a grain of salt. Do your research before investing. Or talk with a finance expert.

 

[Betonhaus]

0:16

 

[mlanguishi]

your 100% right but it feels like your coming up to me at the arcade when Im trying to show my buddy how to use the broken Ske ball game to give way more tickets than all the other rigged games and your standing there lecturing me and him about how its

"unstanable for the long term health of the arcade to abuse loopholes in the system"

Mfer if you dont pipe down you KNOW where the next ske ball goes, let us eat.

Investments shouldn't be 'gambling' or skee ball. The markets are rigged, especially oil. If I knew how to play the system well like Warren Buffet, well... He's really the one to watch because his fortune is based on playing around with emotional reaction to markets which works better than pure Chicago or Austrian style sometimes.

If you have real estate assets hold. If you have market liquid, I don't know what to say for the next weeks. I sure won't say go into crypto, but that might not be a bad idea either right now. I do think this will settle in a few weeks to months like usual, but Trump since he was shot has been doing what he REALLY said since the 90s, this isn't his first term and he's not screwing around.

 

[Clobber3]

When we admit countries into nato one of the requirements is that the civilians have control over their militaries right? And the EU only lets in democracies. But when we let countries into the WTO and other economic multilateral organizations what are the prerequisites?

Why did we treat China like just another country and not the totalitarian, commie one party state that it is when we allowed them to join the WTO? I know a theory was that the freer market would allow them to shift towards democracy and less autocratic leadership, but that seems so naive and couldn’t have been the only case, right?