- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: The DowJones Industrial Average AND the S&P500 Index both closed at record highs today
Posted on 1/19/24 at 9:08 pm to lynxcat
Posted on 1/19/24 at 9:08 pm to lynxcat
quote:
The other poster already noted that the SP500 outpaced CPI over the same time period.
To be fair, we all know the official CPI is a lie and hard assets (especially those which generate income) have gone up at LEAST 35%.
I’m not against celebrating the small victories, though. They both have a point.
2
Posted on 1/19/24 at 10:30 pm to Decisions
quote:
To be fair, we all know the official CPI is a lie and hard assets (especially those which generate income) have gone up at LEAST 35%.
Let’s ignore CPI and look at something that is very public and very easy to check - gasoline. The S&P 500 has outpaced the price of gasoline by 6% in the last 3 years.
Simply put, it’s ridiculous to downplay the market like Sloane does by arguing “yeah, but dollars are worth less.”
The fact of the matter is the majority of posters on this board have higher real net worths today than they did 3 years ago.
This post was edited on 1/20/24 at 12:40 am
Posted on 1/19/24 at 11:48 pm to Decisions
Bidens America?
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News