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The best explanation I've seen yet for what's happening.

https://www.youtube.com/watch?v=HWCpHrkHDpM

Yeah, I wonder what's going to happen to the DOW when ol' Joe puts the whole country under his thumb and won't let anyone go back to work for a month and a half.

It makes me think of my daughter....

https://www.msn.com/en-us/money/markets/alexandria-ocasio-cortez-says-dows-record-high-is-meaningless-for-many-americans/ar-BBYTXKR?li=BBnbfcN

It's BS like this coming out of the mouths of these...

They're mad because people who are actually being responsible and planning for their retirement by investing in 401(k)s and IRAs as well as mutual funds and stocks are becoming wealthier while those...

^^I was looking at my IRA yesterday and thought the same thing. Thanks Trump. I can only hope for 5 more years like this one.

I'm dreading the day another Democrat gets in the White House. I can't...

The moral of the story should be that Accadacca is great at telling us predisely when things are going to turn right back around and take flight again. So if you're into buying low and selling high,...

I'll just put this here. We need to stop talking ourselves into a recession. Like it or not, you're responsible for your economic welfare. Not the president or congress.
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Yup. If you think that the cost of living is high now, wait until we have all of the "free" stuff being promised by the current crop of politicians pandering for votes by the weak minded among us....

Actual wealth is very different from what most people think it is. Basically, if you have a lot of nice stuff, people will think that you're wealthy. You might be. A lot of people are. That being...

Agreed. There is a lot of that happening. I said it in 2008, and I'll say it next time. Mortgage companies and banks never once held a gun to someones head and said you have to sign up for this house...

Well, if you look at it from a numbers perspective, we are due for one already. According to the Wikipedia, the longest time between recessions in the history of the USA is 10 years from March of...

Looks like stocks are going to be on sale.

Yeah, I'm optimistic that this year will continue in the same direction as the last 2.

15 minutes is 15 minutes. I understand. If I worked in Salt Lake, there's no way I'd live this far away. I've been spoiled. I basically have only worked 5 minutes away from home at any job I've ever...

i've been amazed at the number of people that have moved to Brigham in the last 5 years or so that commute to Salt Lake for work. I wouldn't be surprised to see more of that happening in the next 10...

I think so too. I hope so because I hate the house I'm in, but I can't bring myself to pay what I'd have to to get a better one.

Something's gotta give with the high housing prices in Utah right now. It's getting nuts.

Also, historically speaking, it happens every few years so I guess we're due again.

https://www.msn.com/en-us/money/markets/stocks-advance-as-wall-street-weighs-midterm-election-results/ar-BBPrHFm?li=BBnbfcN

Looks like Wall Street is good with the results.

Yeah, as much as I admire what Tesla has done for the future of electric cars, they can't possibly survive for long while they bleed the kind of money that they currently are. All of the forward...

My experience from last weeks Ogden Twilight concert with Little Dragon, it pretty much already is. Just based on the number of people lighting up all around me and the number of police officers...

Looks like a nice spot. I'm surprised you couldn't get more for it if you bought it for $80,000. House prices are at or above where they were back then.

That's a nice spot. I drove around in there last time I was down there. I'd buy it from you if I was ready to do that sort of thing at this time in my life. I've got a couple of things to take care...

Yeah, more people go bankrupt doing just that than anything else in the world of real estate investing.

Yup. I've had to look away and tell myself I've still got more than 20 years before I'm retiring and when it goes down, it's just a good time to buy stuff when it's on sale. I can't imagine that...

Also true. I don't see construction stopping or really even slowing down too much because of this, but there will be some projects that they'll change the design to save some cash.