343 karma · joined December 3, 2015
This isn't counted in those indicators, but also S&P 500 earnings are predicted to go up a lot by December 2018, according to S&P Global. Credit Suisse's Global Wealth Report predicts a 5% annual increase in wealth among all adults globally in the next 5 years.
Houses in major metropolitan areas have gone about 6% annually on average, counting recessions and popping of bubbles. Timing the market could help but it's very difficult. I predict they will keep rising at a 4-7% rate for the next decade, but I could be wrong. A recession is possible but I wouldn't delay buying a house right now. But I would definitely buy within your means and don't expect prices to rise, because the future is very difficult to predict.
I don't understand how some programmers can supposedly work for 8 hours straight. I often have to take breaks to think about how I want to best implement the next thing, or what exactly I should be working on.
So it's fine for police to beat up non-threatening people when they don't comply with a business manager's decision?
Well then it wouldn't be your money if you are obligated to spend it on certain things.
So you think every hunter-gatherer is extremely unhappy?