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playing dumb like that was probably just about the best possible response he could have had, being ambushed like that. of course whether he was "playing" or not is sure to be a matter of dispute...Originally Posted by dawg80
at any rate, bad taste throwing that in like that, but it's nice it was on nbc, since they invented the phrase.
This will get the unhinged left off to a nice triggered start to 2022.
NASCAR Driver Brandon Brown Unveils 'Let's Go, Brandon' Car (breitbart.com)
Didn't take long to reaffirm that NASCAR top management is 100% woke (brain-dead).
NASCAR Bans ‘Let’s Go Brandon’ Sponsored Race Car — The Republic Brief
Yeah the “noose” lies were proof along with almost zero attendance
I don’t make stock recommendations and I didn’t recommend one to you. You asked about ETFs for dividend yield and I pointed you to a screener that listed ETFs based on dividend yield.
You are the one that chose “REVS” off their list, because you found it “enticing.” Not me.
I have been in JEPI because it better suits my investment criteria, including the amount of risk I am willing to take to chase an income yield. It has given me 6-8% yield plus capital appreciation. Of course, past results don’t indicate future performance. And I may sell or not sell my position in JEPI at any point for various reasons.
REVS sucks!
JEPI pays monthly, which is good, but it's income yield based on current PPS is about 4.8%. Not bad. In a DRIP monthly divie-payers grow quickly. I know the 6-8% you mentioned includes price appreciation.
Based on what I paid, (average cost basis, approx $54) my yield on basis is about what I quoted. Plus, another approximately 15% capital appreciation - total return over 20 percent last year for JEPI, which is about what I would expect for lower volatility covered call large cap income play in a year that the S&P500 killed it.
Oh, got it.
I've held some aristocrats so long you'd be shocked what my real and calculated return is. The "real" return is what the brokerages track, including the reinvested dollars (DRIP). But, I also keep a spreadsheet where I capture only new money, i.e. money I buy new shares, and the original investment. For instance, I hold Coke (KO) 780 shares with a cost avg of $11.85 and trending down. One of 32 good divie-payers I hold. Of course, many of those are much newer to me, and it'll take years of DRIP to get those where I want 'em.
Now, if there is a 20% "correction" or two! I will back up the truck!
BTW, is a 20% drop really a "correction"? Seems more like a crash to me.
20% drop is kind of where you define a “bear” market. Not sure whether you would also call it a correction or a crash.
Many stocks are already in a bear market, including many of the high multiple hyper growth stocks.
The mega caps, and the indexes that weight heavily to them (including the S&P500 and Nasdaq 100) have seen smaller corrections. To see a 20 percent index correction, you would presumably need to see heavy selling in the mega caps. Their earnings/growth have been solid and there really hasn’t been a better place to put your money, so the trade is also very crowded.
A 20% correction/crash would only take us back to 2021 levels, so I can see why people might call it a “correction.”
We need to take this discussion to the Stock Market-Investing thread.
Most of us know POTUS wield very little to sometimes NO influence on the stock market. Oh, the market will react to things POTUS do or say, but those are always very temporary.
About time to look at Sleepy's Rasmussen Daily Tracking Poll numbers again as a milestone was crossed today for the first time.
Sleepy's Strongly Approve number is now at 19%. Strongly Disapprove is at 48% for a Rasmussen Index number of -29. Sleepy's streak of -20 or worse in the Index started September 21 and now stands at 73 consecutive daily polls.
Total Approve is at 40% with Total Disapprove at 58%.
I predict Biden will go quietly into the night in 2024. He won't seek reelection. Well, he won't know that he isn't, his wife will fill his pea-brained head with nonsense designed to keep him in the dark. Kind of like it's going on now.
Serious historic question: has a sitting president seeking reelection ever NOT gotten his party's nomination? I'll have to look that up.
Answer: Yes, once. In 1852 Franklin Pierce (D) was seeking his party's nomination to run for reelection but the Dem Party was fed up with his anti-slavery stances, including the Missouri-Kansas Compromise, that he lost in the primary.
Four other times a sitting POTUS did not get his party's nomination but in each of those cases it was the VP who had ascended to the Oval Office following the death of the president. So, he was not the elected POTUS to begin with.
Biden will join Franklin Pierce as the only ones in history, should the sleepy fool try.
Almost a year later and Biden has turned out to be the worst president in the history of our country.
Here's an article by Marc Thiessen in today's Washington Post about Biden's first year.
In my last column, I listed the 10 best things President Joe Biden did in his first year in office. Here are the 10 worst (winnowing this list down to just 10 entries was extremely difficult):
10. He canceled Operation Legend amid a record crime wave in U.S. cities. At least 12 major cities broke annual homicide records in 2021. Yet Biden ended the Trump Justice Department’s Operation Legend, which deployed federal officers to aid local law enforcement and helped arrest more than 6,000 criminals.
9. He weaponized the FBI to intimidate parents who show up at school board meetings. Parents are furious about pandemic closures and schools indoctrinating their kids with extremist ideologies.
8. In the midst of a historic labor shortage, he pushed vaccine mandates. Forcing employers with more than 100 employees to fire unvaccinated workers — even if they have natural immunity from previous infection — or impose onerous weekly testing requirements would drive more Americans out of the labor force, at a time when businesses can’t find workers and there are more than 11 million unfilled jobs.
7. His war on fossil fuels drove domestic production down and gasoline prices through the roof. Then he begged the Organization of the Petroleum Exporting Countries (OPEC) — a foreign oil cartel — to produce more oil, which will result in the same emissions as domestically produced oil.
6. He greenlighted Russia’s Nord Stream 2 pipeline to Germany. Then Biden inappropriately pressured Ukrainian President Volodymyr Zelensky to accept Russian energy dominance over his country.
5. He showed weakness in the face of Russian aggression against Ukraine. Then, channeling his inner Neville Chamberlain, Biden offered to hold talks to discuss Russia’s concerns on NATO and the possibility of “accommodations.”
4. He unleashed the worst border crisis in U.S. history. U.S. Customs and Border Protection reported more than 1.7 million encounters with illegal migrants at the southern border, nearly four times the number the year before, the highest annual total on record — including 378,000 who were not from Mexico, Honduras, El Salvador or Guatemala.
3. His $1.9 trillion in social spending disguised as “COVID-19 relief” helped unleash inflation and extreme labor shortages. This was the worst fiscal policy mistake in decades, passed with Democratic votes alone.
2. He failed to deliver on his promise to put his “whole soul” into uniting the country. Biden threatened to veto his own bipartisan infrastructure bill, then went to Capitol Hill and urged members of his own party to take it hostage as leverage to pass Build Back Better.
1. His withdrawal from Afghanistan was the most shameful foreign policy calamity in my lifetime. Biden left hundreds of U.S. citizens and as many as 62,000 of our Afghan allies behind enemy lines, and forced NATO allies to abandon their citizens and allies as well.
That’s a shameful list, but it only scratches the surface. Among the (dis)honorable mentions: Biden proposed what the New York Times reports were the “highest sustained levels of federal spending since World War II”; he increased vaccine hesitancy by insulting the unvaccinated; at a time when the threat from China is rising, he sent Congress a budget that actually cut defense spending after inflation; and he told Putin that 16 areas of the United States’ critical infrastructure were off-limits to Russian cyberattacks — which effectively told the Russian leader that the rest were not.Little wonder that Biden suffered the fastest collapse in public approval of any president in modern history.This was the worst first year of any president in my lifetime.— Marc Thiessen is a columnist for the Washington Post.
He is a definite contender for that title: worst POTUS ever.
Carter was a clear #1 and then obummer came along and challenged for the title. I think obummer edges Carter out as the current #1 because of his strong anti-American policies. obummer does hold the economy advantage over Carter since Jimmy's tenure was a total train wreck while obummer was responsible for the slowest "recovery" in US history. But he did have an anemic 1.8% annual growth on average over his 8 years. That is the absolute worst in US history for any 2-term POTUS. Jimmy Carter was, and still is, a goofy boob but at least he loves America.
Biden is taking the worst from Carter's and obummer's playbooks and made them his platform. In just one year he has elevated Jimmy Carter to the 3rd worst POTUS in history!
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