"(O)ur Space Shuttle cost estimates in The New York Times (see above) on March 22, 1993 — in 1992 dollars we estimated that the shuttle cost about $1.1 billion per launch, or $1.7 billion if we included development costs. That was 3-4x times higher than the costs that NASA represented to Congress.
Uh-oh.
So on the same day as the NYT article was published an official from NASA called me up in the graduate student bullpen where I had a desk. I remember it like it was yesterday. I thought initially, naively, he might be calling to congratulate me for the good policy work. He was not."
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?