MONEY
I have some mortgage and some investment. my house mortgage is linked to central interest. fed is raising interest rate every quarter last three quarter. they give the argument that inflation has to be contained. all these is nonsense. economists are lunatics. what they do is earn their salary talking nonsense.
I wished to bear with mortgage for one reason, to contain dishonesty in people. If I pay off they will start the noise of selling the house. My wife never paid a penny towards the house remains 50% owner. On paper. I have to make investment to ride the mortgage interest rate and inflation and expenses. I bear the all the expenses for the family although entire house is being used for business. I bear the expenses and income is net for my family members.
In last one week. My investment lost $12000. They are giving all kinds of reasons. One Trump and his tariffs on Foreign goods such as China. People are slowly realizing Tech Business is totally unreliable and cannot produce what we consume. US is not able to contain oil price. US military prowess lost all shines. Nobody is much interested to buy Military services. US debt is reaching 23 trillion. there is 10% undocumented workforce. they bypass paying income taxes. Situation is not improving. Future of return for investment is disappearing.
Who cares? I care since I have invested and I have expense to meet on daily basis. I am retired till I get an assignment in my terms. Inflexible.
By December I wish to reduce my monthly expenditure by $2000 at the minimum.
There is no apparent reason why share market should crash when the so called US economy is thriving with lowest ever unemployment. Nothing much of throwing out undocumented workers that is about 10%. Confidence is shaken due to quarterly report of Apple and Facebook earnings. Google is not yet approached but its earnings are questioned the deep rooted feelings of dismay of public and all technology manifestation is not progress or US technology manifestation but selling personal Informations to thieves. Things are not right.
We are asked not to jump and sell. Waits for quarterly reports from banks Amazon other tech companies. Public cannot support companies whose business model is thieving. And they are monsters - 25% of US 20 trillion GDP.
I wished to bear with mortgage for one reason, to contain dishonesty in people. If I pay off they will start the noise of selling the house. My wife never paid a penny towards the house remains 50% owner. On paper. I have to make investment to ride the mortgage interest rate and inflation and expenses. I bear the all the expenses for the family although entire house is being used for business. I bear the expenses and income is net for my family members.
In last one week. My investment lost $12000. They are giving all kinds of reasons. One Trump and his tariffs on Foreign goods such as China. People are slowly realizing Tech Business is totally unreliable and cannot produce what we consume. US is not able to contain oil price. US military prowess lost all shines. Nobody is much interested to buy Military services. US debt is reaching 23 trillion. there is 10% undocumented workforce. they bypass paying income taxes. Situation is not improving. Future of return for investment is disappearing.
Who cares? I care since I have invested and I have expense to meet on daily basis. I am retired till I get an assignment in my terms. Inflexible.
By December I wish to reduce my monthly expenditure by $2000 at the minimum.
There is no apparent reason why share market should crash when the so called US economy is thriving with lowest ever unemployment. Nothing much of throwing out undocumented workers that is about 10%. Confidence is shaken due to quarterly report of Apple and Facebook earnings. Google is not yet approached but its earnings are questioned the deep rooted feelings of dismay of public and all technology manifestation is not progress or US technology manifestation but selling personal Informations to thieves. Things are not right.
We are asked not to jump and sell. Waits for quarterly reports from banks Amazon other tech companies. Public cannot support companies whose business model is thieving. And they are monsters - 25% of US 20 trillion GDP.
Comments
Post a Comment