How Biden's last year in office affected me

[stollen]

Despite having to govern in the shadow of a Trump/COVID recession, Biden's ability to hire the best people and work with them constructively FOR THE PEOPLE contributed to the value of my Thrift Savings Plan by $200,000 IN ONE YEAR.

I'd contributed max to my Thrift Savings Plan starting shortly after my favorite fund's inception, in 1988, the price per share lower than $10. Its high in Biden's last year of office was $98/share.

Trump II arrives. In 3 months my favorite fund drops to approx $70/share, a loss of roughly half of the 2024 earnings. That's wonderful if you have access to insider trading like MTG. I don't because I'm "We the People," not a member of the ruling class or a prostitute to them.

This means that a democratic president on supposed "life support" -- who doesn't recognize George Clooney or Jesus Christ on a pogo stick -- can run an economy better than a twice impeached, 34 count indicted republican president/felon with six Chapter 11s under his ever-expanding belt of life's failures.

That's what I'll remember about Joe Biden.

[Walleye]

1. Joe Biden has morals, and ethics. He was never motivated by money and self interest

Getting old doesn’t negate all that. Joe Biden is a good man, always was and always will be.

[stollen]

2. TSP.gov

To:

Fund performance

To:

Fund price history

S Fund

A $28 loss per share under Trump in THREE MONTHS

It's starting to rebound so his friends can cash in/we forget about his $400,000,000 unethical gift. Meanwhile, those of us who haven't already dumped are playing major catch-up.

TSP is a govt retirement account. Our military also contributes, but members don't get matching funds. Imagine how they feel to see these losses to their retirement. Then Trump has the audacity to show up to an overseas military base to tell troops he's hoping for an unconstitutional 3rd term.

Good luck with that, President Putz, you evil SOB.

[Diamond_Dog]

3. My modest investment has lost 18% since the dumpster has been in office.

Under Joe Biden it never went down, only up.

[stollen]

5. I posted about the military just below.

They don't even get matching funds.

[dutch777]

4. Just having a steady and conscientious hand on the tiller of State has demonstrable value. I am sure...

...the Wall Streeters and bankers are realizing their misjudgement about Trump in that light as are others. All too late of course even though it was totally predictable. I hope they suffer miserably.

[stollen]

6. Likewise on your last comment.

Jerome Powell seems to be the one remaining govt official with a conscience. I divested half when Trump took over, got a shock after 3 months, and now rely on Powell not to be bullied re interest rates. I survived W 2008 and Trump I. "The market has always gone up." Sure, but under a fascist regime? I merely ask for a rebound. I check Trump's pale skin color and breathing when he's semi-comatose at a meeting with international leaders.