TV'S produced today overseas are high quality, appliances are good too.

Unrealized capital gains inherited by heirs have not been taxed yet.

They moved overseas because it was more profitable for the companies. Labor unions are still very active in the US.

Taxes are to keep the government running. You are referring to an inheritance tax. The first $13,990,000 of an estate is exempt from federal estate taxes. So you probably don't have to worry about that.

Many large corporations pay zero income tax.

I just don't want to be down to nothing way before I go out.

You would also need hospitals, cemeteries or some such place for remembrances, prisons, police and fire stations, etc.

All is well. Be happy!

Actually, all is not well. But I will still be happy. 😉🙂

It is kind of a situation that is FUBAR.

Big deal
 

According to every single expert that I know and our age you're only supposed to have 20 to 30% of your assets in the market according to the 100-year rule which means deduct your age from 100 and that's the amount of percentage you should have risking in the market.
Besides if you live in The villages you're all supposed to be rich

It's a great time to be buying if you want to stock average your price.
Thankfully I only invest in gold-plated tchotchkes

Because it's supposed to stop wealth from accumulating unendingly and to distribute some of the assets from the rich to the poor. England has had this problem for centuries when money goes to the family but they keep dying off and it gets taxed and taxed and taxed. It's a very common plot in English movies and books

Unfortunately in America everyone has decided they want to earn enough to be upper middle class even though they're doing a job anyone can actually do and I'm not insulting those people

Fear mongering at its finest. So what if the market goes down! It’s a buying opportunity for some of us.

How did you do during the 2020 covid downturn? Panicked? Shouldn’t have, we all knew that it was going to be a “v” shaped down and up and in a little over a few months, not a few years. The saying goes: “even a 9 year old knew this” and it was true.

If anybody is panicking because of this kind of downturn, you shouldn’t be in the market. This is when you can make good money. Your portfolio should be setup so you don’t have to sell 1 share to live on during these downturns.

Many many people will make millions over this. I got out late last year and I’m glad I did. I’ve been trickling putting money back in but still waiting for the true “pivot” point on when to be fully vested.

What next;2421805
 

Regarding "wrong horse being flogged." Manufacturing left the US for lower costs. We all have to agree on paying more to get it back. How much worse are we willing to take, to bring back decent paying jobs? I don't think we're willing to go that low...