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What will be in-hand salary? Please explain.
What a great idea
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Additional Posts in Personal Investment Chatter
Does Bank of America do a Mega Back door 401K?
Is this the start of a larger magnet correction?
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Just buy.... if its an index fund this in literally a blip in a long term strategy. Just buy
Kind of a lot here.
1) Senate is in recess for the next two weeks, so quite literally a deal cannot be enacted before then
2) as implied above, Phase IV would need to be passed by Senate - Rs aren’t passing what the House has passed thus far. House knows this. Which is why the previous bills from the House haven’t been expected to pass in the Senate. Also much like the last Senate iteration from several weeks ago was known to not be able to pass the House. This is the game of blaming the other side for not “working with what our side has passed.”
3) If Ds sweep, all of these issues will disappear (but then there will be some internal bickering over provisions, because this is politics)
From the personal investment side- like AD1 said, just buy some SPY/VOO and don’t worry about this.
Pro
Nailed it
I’ve been holding on making any trades due to the unknowns around another fiscal stimulus bill. I think the market is expensive without more support for the economy