Oh, and by the way, always giving glory to our Lord, Jesus Christ! He comes first. Always.
(Biden's) one trillion-dollar stimulus program follows President Obama’s famous $800 billion shovel-ready stimulus program of 2009. The results are in for Obama’s boondoggle. No effect on the longer-term economic growth rate. A waste of taxpayer money.
The 2021 over one-trillion-dollar infrastructure plan will in all probability end the same way as Obama’s shovel-ready stimulus, with no positive effect on the longer-term economic growth rate. We know this from the 2009 experience and from infrastructure projects in other developed economies, notably Japan.
https://issuesinsights.com/2021/09/17/whats-behind-runaway-inflation/
Ed McQuarrie talks the REAL History of Stocks and Bond performance.
https://www.morningstar.com/funds/vanguard-wellesley-income-is-top-choice
Could be a great fund to start with starting in retirement and cash. Or use Vanguard Wellington and cash if you want to be more aggresive
