Is inflation up or is it down? I remember when people would say ” that’s the 64-dollar question?”. All joking aside, last Friday saw the stock market drop to a very substantial loss! Then on the weekend all the pundits were cautioning of the pending doom about to overtake the markets. Well guess what? As of this writing the market has rebounded 32%. I bring this up to once more highlight the underpinnings of the Mathmatecum .The Mathmatecum is not only invested in government securities as proscribed but relies most heavily on I-bonds to offset inflationary pressures. With things political and just about one month into a new administration no one is able to tell where interest rates will settle. Time will tell and no changes will occur until May 1st, 2025. Sure makes our jobs here at the Mathmatecum easier.
All this twisting and turning of the economic picture should be no reason to stop saving according to your plan or the ones suggested to you here. If anything, maybe you should take even a little more from your disposable income and put that also aside until things settle down and certainly until May 1st. Remember our suggested plan is to save one hour’s wage per week and then go 10% of income until one reaches the ultimate goal of 20%.
For the more sophisticated among you who always want to know useful facts pertinent to investing — learn that residential real estate according to the Motley Fool has risen 308% from 1990 to 2024! During that same time frame the S&P Index increased 1325%.
Formicalism, my name for a socio-economic system I propose to replace Communism, Socialism and Capitalism might have actually been tried in the very distant past. It seems that somewhere in Turkey they have found underground warrens that housed as many as 20,000 people. The archeologists are just now beginning their studies of the site, the facility covered some 4sq km.!
JAI BABA
TTFN
JU
