June Inflation
- Thread starter St. Louis Hawk
- Start date
Having multiple investments, some in mutual funds, but I'm a Vanguard fan.
VIGAX and VWUSX are up between 20%-25% YTD.
So much winning.
Same here with Vanguard. Low cost index funds make up about 45% of my investments with another 30ish% in bonds. The rest is currently in short term investments.
Again...why do you feel you're struggling financially?
Poor investments, personal health issues, marital, employment uncertainty, mental health???
Maybe we can help?
So now you’re changing your tune and still not answering the question.
Backpedaling didn’t work. I guess next step is just to ignore it ever happened.
Because everything costs more. The price of goods has gone up way more than my wages along with my wife no pics wages. We don’t go on vacations like we did before. We don’t do nearly the same about of house/yard projects we used to. We didn’t get any new vehicles or toys yet it’s harder to pay off the same bills we had before.
You tell me why we would fall behind financially if nothing has changed besides the cost of everything.
I’d love to hear what I’m doing wrong.
Wage growth has outpaced inflation since February of 2023. The rise in inflation began back in May of 2020 due to the pandemic and supply chain issues coupled with record profits. It peaked in June of 2022 at 9.1% while wages were growing at 6.7%. From March 2020 to March 2024 wages outpaced inflation in 26 months. Inflation was higher in 22 months. The last few months the trend has remained positive.
If you weren't able to manage through the "rainy days" and are still struggling, that's on you.
It's long past time for Biden to whip up an executive order to lower the cost of all goods and services.
What? You don't remember all the right wingers advocating for the working poor here from 2017-2020?
No brah, the right-wingers here were apparently killing it financially then, jet setting around the world daily and establishing social safety networks, benevolent trusts and golden parachutes for the working rich (i.e., the rest of us, no one was actually poor) so that they could also afford their champagne and caviar soirees. It was glorious, I miss it so, so much.
But then big bad Biden shows up and the entire economy collapsed at our feet. Thanks for nothing Joe!
I have but also feel it’s a huge Ponzi scheme about to burst. BRICS will **** the dollar and it’s here already. Won’t be long.
Wage growth for low income good? Don’t grocery shop? Buy home products? Remodel work around the house? Appliances? What exactly has gone up less then wage? So you make more at the bottom but everything else is more so how’s that gain again?
You just had a kid. That might be a little reason why you're struggling more now than you were then, bud. That ain't cheap.
^^^not my problem you poor peoples issue. How many peoples income do you think jumped double since 2021? What a douche nozzle
A good message to the plebs going into election, mate. "Sorry your bills doubled, have you tried not being poor?" - the dems
They aren’t cheap. But it has actually cost us less this last year having a kid than what it cost us every year leading up to this year trying to have a child. So we should actually be ahead in that regard as well.
I appreciate you actually putting some thought into it though opposed to the lame excuses others are giving.
That message would only work on the stupid and poorly educated. Trump has all of you locked up already.
No. You're lying if you weren't poor before and you are now. Now, do something about your reading skills.
You said I was telling lies. Then a single lie and now this. What exactly am I supposed to be doing a better job at reading?
Says the guy who doesn’t see crime Happening in my white filled gated community while driving my green electric car everyone can afford fella.
Out of touch hope you get reality checked by a crackhead. You’ll probably accept the fault and not press charges you seem the type.
