r/FluentInFinance

US stocks have returned 8.7% a year since America declared independence in 1776.

Every generation thinks the world is ending.

Then 30 years pass, and the chart goes up.

Investors made money through wars, depressions, banking panics, inflation, political chaos, recessions, bubbles, crashes, and every “this time is different” moment in history.

The market keeps climbing because the economy keeps changing. Great businesses adapt. They raise prices, cut costs, build new products, and find new ways to grow.

Long-term investing feels boring while you’re living it. It looks obvious when you zoom out.

$1 compounded at 8.7% for 250 years is $1.1 billion.

Own great assets. Give them time. Let America compound.

I am about to close on a house and my non-married partner will be living with me. We already split a majority of our expenses, but since the house will be legally mine and we want to keep it that way, she will be paying rent to me and we need to formally split our budgets.

The concept is that I should be able to support the household on my salary alone (in case of breakup or if she loses her job), which is what the "bare minimum" budget represents. The split budgets show a target salary rather than minimum because we wanted to include somewhat aggressive saving. We're both overtime eligible, the salaries shown assume no overtime.

https://preview.redd.it/betjiz45l9bh1.png?width=2061&format=png&auto=webp&s=988179dc94631ceaf8c8aaa8edd768f1951b43e8

The future of work will split into two groups:

1. People who compete with machines
2. People who learn how to use them

The safest jobs will belong to people who manage systems, fix problems, make decisions, and use machines better than everyone else.

The robot revolution won’t arrive all at once. It will start with the most repeatable parts of work.

Moving boxes. Sorting parts. Stocking shelves. Loading machines. Inspecting products. Carrying supplies.

Then it spreads task by task, warehouse by warehouse, factory by factory, job description by job description.

That's where this starts. And it's already happening.

By the time most people notice, the new labor market will already be here.

BREAKING: Trump just did a CNBC interview and answered questions about the $2+ billion he made last year.

4 things he said:

1. His son Eric handles his money. He says the two of them never discuss it.

2. His assets sit with big firms in what he called "semi-blind trusts or blind trusts."

3. He defended the family crypto business. Over half the $2 billion came from crypto.

4. He feels bad for his kids because anything they buy now raises conflict questions.

The disclosure behind all this is 927 pages long. I'm halfway through reading it.

Stanford scientists just solved one of the biggest problems with human aging.

They found a way to regrow joint cartilage.

They blocked an aging-linked protein called 15-PGDH, and the results were massive. Old, worn cartilage began to grow back in older mice. Human cartilage samples also showed signs of new cartilage growth.

This is a massive milestone for human longevity. Actual biological repair. Proof that the body can fix its own parts.

An oral version of a 15-PGDH blocker is already in human clinical trials for muscle weakness. If this same pathway works in patients with arthritis, joint damage will be repairable before surgery becomes the only option.

Medicine is now helping the body repair itself.

We're watching one of the biggest medical shifts of our lifetime.

The day before Trump paused tariffs and sent the S&P 500 up 9.5%, his investment accounts bought 327 stocks worth up to $12.8 million.

It was one of the biggest one-day market rallies in history.

The trades were disclosed more than a year late.

The penalty was $200.

Parking tickets cost more than that.

The US economy added just 57,000 jobs in June, half of what economists expected.

The unemployment rate FELL to 4.2%. That sounds like good news until you see why.

720,000 people left the labor force last month. When someone stops looking for work, the government stops counting them as unemployed

57,000 jobs added. 720,000 people gone. The rate dropped because workers gave up.

April and May were also revised down by a combined 74,000 jobs. Hiring is stuck in a few corners of the economy (healthcare, business services, social assistance). Almost everything else is flat or shrinking.

The job market is cooling. The headline number just hides it.

OK, this might open up a backlash, but I am truly confused. Bitcoin as well as most cryptocurrencies are down in price from two years ago. How is it that the president made $1.2 billion in crypto over that time? It wasn’t good investing or appreciation of an asset. From where did the profits come? Please don’t respond with snarky comments, pro or con. I am asking because I don’t know and I invest for a living. World Liberty Financial is down 62% over the last two years so the investors in the Trump backed venture have gotten destroyed. Trump’s media venture DJT has also gotten obliterated. How is he profiting in the billions at that same time? I would really only like to hear from supporters of the president because I know what the detractors will say.