Money Sense

[formosan]

Prices are DOWN! under Saint Trump!!!! 

Prices came down here too when our new Prime Minister repealed the consumer carbon tax........but they will go back up when Prime Minister Carney makes his new industrial carbon tax and carbon tariff on foreign goods without an industrial carbon tax the law.

[Brent]

I was never worried.....I've never been worried about temporary fluctuations.

Only broke old bums like Joe give it a second thought.

[DKG]

Donald Trump's letter to Canada announcing 35% tariffs on its northern neighbor has sent US stock futures lower on Friday. Trump sent the letter late Thursday, which warns Canada and Prime Minister Mark Carney not to retaliate.

Futures for the Dow Jones Industrial Average, S&P 500 and NASDAQ 100 are all trading a half percentage point lower before the opening bell on Friday. The tech-heavy NASDAQ is performing about 15 basis points better than the value-centric Dow Jones.

US Treasury yields climbed on the news, while European stock markets slid on expectations Trump would offer a higher tariff rate on the European Union than the 20% he originally announced in April.

[Herman]

Funny how all the 'tariff experts' vanished now that the stock market's booming. Almost like they were never experts at all.

[Renegade Quark]

The definition of an expert is a guy from out of town.

[Thiel]

Sen. John Kennedy reveals what's holding the economy back
Sen. Kennedy, R-La., discusses President Donald Trump's trade deals, the July jobs report and more on 'America Reports.'
https://www.foxnews.com/video/6376454807112

[DKG]

Trump is allowing alternative assets in 401(k) plans.

The president said he is aiming to democratize access to alternative assets, including private market investments, digital assets, and real estate assets.

[formosan]

Trump is allowing alternative assets in 401(k) plans.

The president said he is aiming to democratize access to alternative assets, including private market investments, digital assets, and real estate assets.

American IRA's are the equivalent of our RRSP's?

[Herman]

The U.S. Stock market added $13.5 Trillion of value in 4 months.

[DKG]

American IRA's are the equivalent of our RRSP's?

The IRA (individual retirement account) and RRSP (Registered retirement savings plan) offer the same financial path and tax advantages in savings for retirement.

The rules regarding early withdrawal and maximum yearly contributions are different.