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Tucker will make Liberal heads explode tomorrow !!
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<blockquote data-quote="The Oregonian" data-source="post: 3031629" data-attributes="member: 51405"><p>I've twice acknowledged the inflation aspect…I'll do it again. Nominal returns tell half the story and don't mean **** when there is elevated inflation. I'm not only not debating that, I am agreeing with it now a third time. Nor am I arguing for Biden against Trump here.</p><p></p><p>I was specifically talking about these comments down below…In general, people talk in nominal terms when talking like that. Like was said before…I had $400k in my account when Brandon took office and now I am down to $320k. That is what he was referring to and that is what I was rebutting. I, not disagreeing with you, I'm intentionally constraining the focus to these comments while acknowledging that it tells half the story.</p><p></p><p>I picked the Vanguard fund bc it is one of the largest 401k providers and asset managers and this is their flagship S&P index fund. Pick any reasonable measure you want and the broad market is up nominally but if you want to know true performance you need to look at real returns and performance.</p></blockquote><p></p>
[QUOTE="The Oregonian, post: 3031629, member: 51405"] I've twice acknowledged the inflation aspect…I'll do it again. Nominal returns tell half the story and don't mean **** when there is elevated inflation. I'm not only not debating that, I am agreeing with it now a third time. Nor am I arguing for Biden against Trump here. I was specifically talking about these comments down below…In general, people talk in nominal terms when talking like that. Like was said before…I had $400k in my account when Brandon took office and now I am down to $320k. That is what he was referring to and that is what I was rebutting. I, not disagreeing with you, I'm intentionally constraining the focus to these comments while acknowledging that it tells half the story. I picked the Vanguard fund bc it is one of the largest 401k providers and asset managers and this is their flagship S&P index fund. Pick any reasonable measure you want and the broad market is up nominally but if you want to know true performance you need to look at real returns and performance. [/QUOTE]
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Tucker will make Liberal heads explode tomorrow !!
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