KCFlyer
Veteran
- Aug 20, 2002
- 11,284
- 1,427
That's my point K.C.! Under "normal, historical" circumstances, 6% would be the typical return on a conservative portfolio! but because of Trump's tax cuts, these are not "typical" times! Check out your paycheck this coming year. Because of the tax cuts, you should have gotten a raise, if you know it or not! ....... Thank you President Trump!!!!
Actually, the "raise" to the middle class will be seen by married couples with kids. I am neither married, nor do I have any dependent children. Using a tax estimator on the "fake news" CNN website, single people with no dependents who itemize their deductions will see about $1,000 tax cut for 2018...I'll be back where I currently am in 2019 and I'll pay MORE from 2020 on. Thank you Dear Leader.
Oh...and just depending on trends, I do believe this record stock market is due for an adjustment in the not to distant future. Despite the tax cuts, if the stock market dives, there won't be all this job creation, and if companies hold true to form and address shareholder value in these difficult times, there will be layoffs.