Remember my friends, when you're arguing with Cultists of the Climate Change, The Maxine Waters, Atheism religions, you're not trying to win them over. You're appealing to the VAST majority of people who are somewhat agnostic.
The Cultists always lose their cool because you are challenging their literal belief systems and eventually they resort to ad hominem and foam at the mouth.
That's when you win. Don't get defensive. Stay on OFFENSE. Don't resort to name-calling. Making fun of their Cult leaders is absolutely acceptable, of course. That's how you break the spell.
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
https://www.morningstar.com/economy/what-weve-learned-150-years-stock-market-crashes
Take a look at this what has happend in past in stock market
We're taking my son to his Introduction to Auburn event at Auburn University.
we'll see you next week though!
In the meantime, a white paper I'm reading.
"This study validates...that the implementation of (China's) Five Year Plan was followed by a significant production expansion in the encouraged sectors of China. This expansion crowds out production in the same sectors in the US, leading to significant drops in both employment and investments and a notable increase in plant closures."
But it's TRUMP that started the trade war, eh?