lifegoalinvestments
Taylor Sohns
57Following146.4KFollowers1MLikes
🎥The CNBC of Tok 🧠Wall Street Vet 📚Certified- CFP® 👨💼CEO LifeGoal Advisors
Videos
Liked
The LifeGoal Team has officially launched the LifeGoal Financial Planning & Investment Advisory Firm.
We’re excited to help you get financially organized, create a plan, and set up a customized investment portfolio to meet your specific needs.
LifeGoal is able to work with individuals, families, businesses, and endowments/foundations.
We’re genuinely excited to help people optimize their investment portfolio given their personalized goals.
Thank you for the support and feel free to share with others that this may help. 🙏
#financialplanning #personalfinance #investing #investment #investingforbeginners #wallstreet #nyse #cfp #finance #financialgoals #retirement #retirementplanning #retirementaccounts #lifegoalnation #lifegoalinvestments
We’re excited to help you get financially organized, create a plan, and set up a customized investment portfolio to meet your specific needs.
LifeGoal is able to work with individuals, families, businesses, and endowments/foundations.
We’re genuinely excited to help people optimize their investment portfolio given their personalized goals.
Thank you for the support and feel free to share with others that this may help. 🙏
#financialplanning #personalfinance #investing #investment #investingforbeginners #wallstreet #nyse #cfp #finance #financialgoals #retirement #retirementplanning #retirementaccounts #lifegoalnation #lifegoalinvestments
NYSE Traders share their thoughts on the BRICS countries creating a currency to replace the U.S. Dollar as the World Reserve Currency…
What are the BRICS countries? Brazil, Russia, India, China, South Africa.
What is the World Reserve Currency? It’s the currency that is involved in almost all international trade.
What does the title of the World Reserve Currency mean for a country?
It gives incredible economic power to the issuing country.
Will the World Reserve currency change from the U.S. Dollar any time soon?
No.
Reasons:
1. U.S. has the largest and most stable economy in the world.
2. U.S. government and military is large and stable.
3. The idea of the BRICS countries, which have very different economies and political agendas, coming together from all corners of the globe to make unanimous decisions on a single currency is ridiculous. Further, backing your currency with a commodity (gold), that you don’t dominate is a recipe for disaster.
4. Even if it was a legit thought that could happen in the future, World Reserve Currency status doesn’t change overnight- the U.S. surpassed the UK for the largest economy in the world and the U.S. dollar didn’t become the WRC until 1944.
CAN WE FINALLY PUT THIS ONE TO BED⁉️
#financetiktok #financetok #brics #worldreservecurrency #usdollar #china #brazil #russia #india #southafrica #politics #economy #currency #finance #nyse #wallstreet #lifegoalnation #lifegoalinvestments
What are the BRICS countries? Brazil, Russia, India, China, South Africa.
What is the World Reserve Currency? It’s the currency that is involved in almost all international trade.
What does the title of the World Reserve Currency mean for a country?
It gives incredible economic power to the issuing country.
Will the World Reserve currency change from the U.S. Dollar any time soon?
No.
Reasons:
1. U.S. has the largest and most stable economy in the world.
2. U.S. government and military is large and stable.
3. The idea of the BRICS countries, which have very different economies and political agendas, coming together from all corners of the globe to make unanimous decisions on a single currency is ridiculous. Further, backing your currency with a commodity (gold), that you don’t dominate is a recipe for disaster.
4. Even if it was a legit thought that could happen in the future, World Reserve Currency status doesn’t change overnight- the U.S. surpassed the UK for the largest economy in the world and the U.S. dollar didn’t become the WRC until 1944.
CAN WE FINALLY PUT THIS ONE TO BED⁉️
#financetiktok #financetok #brics #worldreservecurrency #usdollar #china #brazil #russia #india #southafrica #politics #economy #currency #finance #nyse #wallstreet #lifegoalnation #lifegoalinvestments
No shock here- the home affordability index is at an all time low.
But it’s important to understand the underlying fundamental reasons. So here goes…
LOW INVENTORY, is driving HIGH PRICES.
Low inventory reasons:
US under built after 2008 crisis (because that crisis was caused by an overbuild in homes).
Builders aren’t building fast enough because of the 51% inflation in building materials since 2020.
High interest rates- people that own homes with 3% mortgage rates CANT AFFORD to sell because they’d be giving up their 3% mortgage rate for a 7.7% rate today.
Home builders are also dealing with those massive lending costs.
As a RESULT:
The median home price in the US is $430,000 (while median household income is $72,000).
🤯🤯🤯🤯🤯🤯🤯
#homeprices #housingmarket #homebuyer #lender #mortgagebroker #mortgagelender #mortgage #interestrates #economics #finance #thefed #investor #realestateinvesting #realestateinvestor #househacking #lending #lifegoalnation #lifegoalinvestments
But it’s important to understand the underlying fundamental reasons. So here goes…
LOW INVENTORY, is driving HIGH PRICES.
Low inventory reasons:
US under built after 2008 crisis (because that crisis was caused by an overbuild in homes).
Builders aren’t building fast enough because of the 51% inflation in building materials since 2020.
High interest rates- people that own homes with 3% mortgage rates CANT AFFORD to sell because they’d be giving up their 3% mortgage rate for a 7.7% rate today.
Home builders are also dealing with those massive lending costs.
As a RESULT:
The median home price in the US is $430,000 (while median household income is $72,000).
🤯🤯🤯🤯🤯🤯🤯
#homeprices #housingmarket #homebuyer #lender #mortgagebroker #mortgagelender #mortgage #interestrates #economics #finance #thefed #investor #realestateinvesting #realestateinvestor #househacking #lending #lifegoalnation #lifegoalinvestments
Are stocks overvalued!?
Yes, at least says the price to earning multiple (and most other metrics).
Butttt, valuations are a TERRIBLE timing mechanism- so a crash may not be impending (look at the P/E multiple in late 1999 🤯).
Over a 5 year period, when you look at the P/E ration, things become a little more clear.
Reality, high Proce to Earnings multiples generally leads to more muted returns in stocks.
DIVERSIFY (lots of bonds are paying over 5% right now with a fraction of stock market risk).
#stocks #bonds #pricetoearningsratio #cima #cfp #wallstreet #marketanalysis #finance #investing #investor #lifegoalnation #lifegoalinvestments
Yes, at least says the price to earning multiple (and most other metrics).
Butttt, valuations are a TERRIBLE timing mechanism- so a crash may not be impending (look at the P/E multiple in late 1999 🤯).
Over a 5 year period, when you look at the P/E ration, things become a little more clear.
Reality, high Proce to Earnings multiples generally leads to more muted returns in stocks.
DIVERSIFY (lots of bonds are paying over 5% right now with a fraction of stock market risk).
#stocks #bonds #pricetoearningsratio #cima #cfp #wallstreet #marketanalysis #finance #investing #investor #lifegoalnation #lifegoalinvestments
Mutual Funds were once the Gold Standard for professional management & diversification.
BUT, that’s changed.
Most mutual funds now have a clone version of that fund in ETF format- which means it has nearly the identical strategy.
ETFs are unarguably more tax efficient- I won’t get into the details as to why, but KNOW THAT’S TRUE.
I don’t need to tell you this, but TAXES reduce your investment returns in a taxable account.
Additionally, ETFs also have LOWER EXPENSE RATIOS almost across the board.
The ETF industry has proliferated over the past 15 years- and there’s good reason for that. Why buy a Mutual Fund if there’s an ETF with the same strategy that comes with the tax and cost advantages?
If you own a mutual fund inside a TAXABLE account, whether you bought it or your financial advisor, please make sure there is a very good explanation as to why that’s owned instead of an ETF that has the same strategy.
If there isn’t, consider clicking the link in my bio to learn about how to be more tax efficient.
Disclosure: although most ETFs eliminate capital gains distributions, thus lowering tax bills, ETFs occasionally pay capital gains.
#taxes #investment #investor #investing #finance #cfp #cima #stocks #stockmarket #mutualfund #etf #diversification #lifegoalinvestments #lifegoalnation
BUT, that’s changed.
Most mutual funds now have a clone version of that fund in ETF format- which means it has nearly the identical strategy.
ETFs are unarguably more tax efficient- I won’t get into the details as to why, but KNOW THAT’S TRUE.
I don’t need to tell you this, but TAXES reduce your investment returns in a taxable account.
Additionally, ETFs also have LOWER EXPENSE RATIOS almost across the board.
The ETF industry has proliferated over the past 15 years- and there’s good reason for that. Why buy a Mutual Fund if there’s an ETF with the same strategy that comes with the tax and cost advantages?
If you own a mutual fund inside a TAXABLE account, whether you bought it or your financial advisor, please make sure there is a very good explanation as to why that’s owned instead of an ETF that has the same strategy.
If there isn’t, consider clicking the link in my bio to learn about how to be more tax efficient.
Disclosure: although most ETFs eliminate capital gains distributions, thus lowering tax bills, ETFs occasionally pay capital gains.
#taxes #investment #investor #investing #finance #cfp #cima #stocks #stockmarket #mutualfund #etf #diversification #lifegoalinvestments #lifegoalnation
One of the most common things I hear these days, “Taylor, I’m good getting 5% in a money market.” 🤦🏼♂️
Okay, but are you good actually getting sub 3% in a money market!?
Death & TAXES…
The 2 inevitables in life…
Taxes are often overlooked by investors (even by many “professional investors”, unfortunately).
People talk about RETURNS all the time- but they never talk about AFTER TAX RETURNS.
Here’s how taxes work on Money Markets, CDs, and High Yield Savings Accounts:
The income generated by each of these are subject to your FEDERAL INCOME TAX RATE.
Beyond that, each state has their own tax system on investments- so make sure you’re aware of your states additional tax.
(The exception to this- municipal money market fund, which is not subject to federal tax… but you guessed it, the yields are much lower.)
Taxes in Treasury Bonds/Bills:
The yield on these avoids State Income tax, but is still subject to Federal income tax.
Therefore after taxes, the yields on these products are generally sub 3.5%- then when you account for core inflation currently at 4%…
There you go, NEGATIVE PURCHASING POWER.
If you don’t understand how your investments are taxed, you’re in a fight with 1 arm tied behind your back.
Click the link in my bio if you’re interested in hearing our sophisticated approach, focused on generating AFTER TAX RETURNS.
Disclosure: tax rates differs person to person and state to state. Returns aren’t guaranteed when working with LifeGoal.
#investing #investor #cds #moneymarkets #treasurybonds #hysa #taxes #tax #finance #cfp #cima #wallstreet #bonds #stocks #stockmarket #lifegoalinvestments #lifegoalnation #financetiktok #financetok
Okay, but are you good actually getting sub 3% in a money market!?
Death & TAXES…
The 2 inevitables in life…
Taxes are often overlooked by investors (even by many “professional investors”, unfortunately).
People talk about RETURNS all the time- but they never talk about AFTER TAX RETURNS.
Here’s how taxes work on Money Markets, CDs, and High Yield Savings Accounts:
The income generated by each of these are subject to your FEDERAL INCOME TAX RATE.
Beyond that, each state has their own tax system on investments- so make sure you’re aware of your states additional tax.
(The exception to this- municipal money market fund, which is not subject to federal tax… but you guessed it, the yields are much lower.)
Taxes in Treasury Bonds/Bills:
The yield on these avoids State Income tax, but is still subject to Federal income tax.
Therefore after taxes, the yields on these products are generally sub 3.5%- then when you account for core inflation currently at 4%…
There you go, NEGATIVE PURCHASING POWER.
If you don’t understand how your investments are taxed, you’re in a fight with 1 arm tied behind your back.
Click the link in my bio if you’re interested in hearing our sophisticated approach, focused on generating AFTER TAX RETURNS.
Disclosure: tax rates differs person to person and state to state. Returns aren’t guaranteed when working with LifeGoal.
#investing #investor #cds #moneymarkets #treasurybonds #hysa #taxes #tax #finance #cfp #cima #wallstreet #bonds #stocks #stockmarket #lifegoalinvestments #lifegoalnation #financetiktok #financetok
Are you prepared for Lower Return in Stocks moving forward!?!
Vanguard says you should be…
Investing is about maximizing RISK ADJUSTED RETURNS.
But even if it was just about maximizing returns, Vanguard says most are invested in the wrong places.
What are the most widely owned stocks by investors?!
Apple, Microsoft, Nvidia, Tesla, etc.
What do all of these have in common!?
THEY ARE GROWTH STOCKS.
What’s the most widely held index?
THE S&P 500- extremely GROWTH heavy.
Vanguard anticipates GROWTH stocks return 1.2-3.2% per year for the next 10 years. 🤯
Vanguard’s projections, which are founded in data, ARE TELLING YOU TO DIVERSIFY.
They are saying bonds are likely to outperform stocks over the next 10 years- WITH ONE THIRD OF THE RISK.
They are also saying look internationally.
Vanguard is saying, just buying the S&P 500 & tech stocks isn’t going to be the answer moving forward.
If you need help INTELLIGENTLY DIVERSIFYING, click the link in my bio.
Disclosure: these are vanguard’s projections as of 9/30/2023, not produced by LifeGoal.
#stocks #stockmarket #vanguard #marketanalysis #diversification #portfolioconstruction #cfp #cima #wallstreet #finance #investing #investor #lifegoalnation #lifegoalinvestments
Vanguard says you should be…
Investing is about maximizing RISK ADJUSTED RETURNS.
But even if it was just about maximizing returns, Vanguard says most are invested in the wrong places.
What are the most widely owned stocks by investors?!
Apple, Microsoft, Nvidia, Tesla, etc.
What do all of these have in common!?
THEY ARE GROWTH STOCKS.
What’s the most widely held index?
THE S&P 500- extremely GROWTH heavy.
Vanguard anticipates GROWTH stocks return 1.2-3.2% per year for the next 10 years. 🤯
Vanguard’s projections, which are founded in data, ARE TELLING YOU TO DIVERSIFY.
They are saying bonds are likely to outperform stocks over the next 10 years- WITH ONE THIRD OF THE RISK.
They are also saying look internationally.
Vanguard is saying, just buying the S&P 500 & tech stocks isn’t going to be the answer moving forward.
If you need help INTELLIGENTLY DIVERSIFYING, click the link in my bio.
Disclosure: these are vanguard’s projections as of 9/30/2023, not produced by LifeGoal.
#stocks #stockmarket #vanguard #marketanalysis #diversification #portfolioconstruction #cfp #cima #wallstreet #finance #investing #investor #lifegoalnation #lifegoalinvestments
A lot to be thankful for this year!!!
The AI BOOM- propelled tech stocks further than most thought fathomable.
S&P 500- the ‘Thomas the Train’ award- it just kept chugging along, against all odds.
Oil Gods- even with the craziness in the Middle East, oil has come down. Gas prices now lower than they have been all year- just in time for holiday travel.
Drunken Sailors- the US CONSUMER hasn’t let high interest rates bother them- continuing to spend and propel the economy along.
For me- I’m thankful to all you of. I can’t tell you how much I appreciate all the love & comments every day.
I hope you all have an amazing day being Thankful for your life and your loved ones tomorrow.
🦃🏈👨👩👧👦
#thanksgiving #thankful #stocks #stockmarket #investors #investing #finance #economy #lifegoalnation #lifegoalinvestments
The AI BOOM- propelled tech stocks further than most thought fathomable.
S&P 500- the ‘Thomas the Train’ award- it just kept chugging along, against all odds.
Oil Gods- even with the craziness in the Middle East, oil has come down. Gas prices now lower than they have been all year- just in time for holiday travel.
Drunken Sailors- the US CONSUMER hasn’t let high interest rates bother them- continuing to spend and propel the economy along.
For me- I’m thankful to all you of. I can’t tell you how much I appreciate all the love & comments every day.
I hope you all have an amazing day being Thankful for your life and your loved ones tomorrow.
🦃🏈👨👩👧👦
#thanksgiving #thankful #stocks #stockmarket #investors #investing #finance #economy #lifegoalnation #lifegoalinvestments
I was a ‘Wall Streeter’ from 2010-2021.
Here’s a nasty little secret about what big Money Managers do at year end…
I literally watched this happen…
THIS IS IMPORTANT FOR ANY INVESTOR TO UNDERSTAND.
Managers “WINDOW DRESS” at year end- and because the market is up so much this year, they want to flush the massive cash positions they own out of their portfolio.
The last thing they want is their clients to see they’ve been sitting on 20% cash all year- which is the reality of what they’ve done.
So any pullback in the market this year will likely be met with buying- to get rid of this cash, so it’s not on their statement when they show their 12/31 statement to their clients.
This artificially puts a floor under stocks until year end.
But, starting in 2024, it’s back to reality- which is looking like stocks with stretched valuations and a ton of economic uncertainty…
Disclosure: I don’t have a crystal ball, and cannot predict the direction of the market- this is simply commentary based on what I’ve seen.
#wallstreet #stockmarket #stocks #sp500 #cfp #cima #marketanalysis #invest #investing #investor #finance #finance101 #financetiktok #financetok #personalfinance #lifegoalnation #lifegoalinvestments
Here’s a nasty little secret about what big Money Managers do at year end…
I literally watched this happen…
THIS IS IMPORTANT FOR ANY INVESTOR TO UNDERSTAND.
Managers “WINDOW DRESS” at year end- and because the market is up so much this year, they want to flush the massive cash positions they own out of their portfolio.
The last thing they want is their clients to see they’ve been sitting on 20% cash all year- which is the reality of what they’ve done.
So any pullback in the market this year will likely be met with buying- to get rid of this cash, so it’s not on their statement when they show their 12/31 statement to their clients.
This artificially puts a floor under stocks until year end.
But, starting in 2024, it’s back to reality- which is looking like stocks with stretched valuations and a ton of economic uncertainty…
Disclosure: I don’t have a crystal ball, and cannot predict the direction of the market- this is simply commentary based on what I’ve seen.
#wallstreet #stockmarket #stocks #sp500 #cfp #cima #marketanalysis #invest #investing #investor #finance #finance101 #financetiktok #financetok #personalfinance #lifegoalnation #lifegoalinvestments
S&P 500 Rally- Please make sense of this for me, because I’m a little confused.
The 10% rally we’ve seen was caused by how the market interpreted the Fed’s comments at their most recent meeting.
First off, the Fed made NO COMMENTS about cuts- in fact they said “they are not talking about cuts right now.”
They also left the door open for more hikes!
But that’s not what the market heard- yes, I’m a little confused. 🤷♂️
If the fed cuts, it does so because of weakness in the economy…
This is where it gets even crazier…
The stock market is ALSO pricing in 12% earnings growth for S&P 500 companies next year- does that sound like the result of a weak economy!?!?
NOOOOOO
Stocks are pricing in lower interest rates, which has sent stocks higher, and also meaningful earnings growth…
Both of those can’t play out simultaneously…
Please make sense of this for me. 👇👇👇
#stocks #sp500 #invest #investing #finance #wallstreet #cfp #cima #marketanalysis #lifegoalnation #lifegoalinvestments #financetok #financetiktok
The 10% rally we’ve seen was caused by how the market interpreted the Fed’s comments at their most recent meeting.
First off, the Fed made NO COMMENTS about cuts- in fact they said “they are not talking about cuts right now.”
They also left the door open for more hikes!
But that’s not what the market heard- yes, I’m a little confused. 🤷♂️
If the fed cuts, it does so because of weakness in the economy…
This is where it gets even crazier…
The stock market is ALSO pricing in 12% earnings growth for S&P 500 companies next year- does that sound like the result of a weak economy!?!?
NOOOOOO
Stocks are pricing in lower interest rates, which has sent stocks higher, and also meaningful earnings growth…
Both of those can’t play out simultaneously…
Please make sense of this for me. 👇👇👇
#stocks #sp500 #invest #investing #finance #wallstreet #cfp #cima #marketanalysis #lifegoalnation #lifegoalinvestments #financetok #financetiktok
11/14/23- Stocks and Bonds today are ABSOLUTELY RIPPING TODAY.
Here’s why.
Inflation is decelerating- and the fear was that it could continue higher like it had in recent months.
Core inflation, which does not include volatile food and energy, is also continuing its trend lower- and came in lower than experts had expected.
To be clear though, this is just 1 month worth of decelerating headline inflation.
I’d like to see some confirmation of this trend before the getting overly excited.
Does inflation continue lower from here?!?
Let me know your thoughts. 👇👇👇
#inflation #cpi #thefed #federalreserve #finance #finance101 #stocks #stockmarket #bonds #interestrates #disinflation #lifegoalnation #lifegoalinvestments
Here’s why.
Inflation is decelerating- and the fear was that it could continue higher like it had in recent months.
Core inflation, which does not include volatile food and energy, is also continuing its trend lower- and came in lower than experts had expected.
To be clear though, this is just 1 month worth of decelerating headline inflation.
I’d like to see some confirmation of this trend before the getting overly excited.
Does inflation continue lower from here?!?
Let me know your thoughts. 👇👇👇
#inflation #cpi #thefed #federalreserve #finance #finance101 #stocks #stockmarket #bonds #interestrates #disinflation #lifegoalnation #lifegoalinvestments
Veteran’s Day is tomorrow.
For every past, present, and future member of our armed forces, THANK YOU.
Y’all put your lives on the line for us, something that civilians like myself, can’t even comprehend.
The song in the background does this job far more justice than my words- give it a listen, and watch the music video- American Soldier by Toby Keith.
🙏🇺🇸🙏🇺🇸🙏🇺🇸🙏🇺🇸🙏🇺🇸
#veterans #veteransday #armedforces #soldiers #thankyou #lifegoalnation #lifegoalinvestments
For every past, present, and future member of our armed forces, THANK YOU.
Y’all put your lives on the line for us, something that civilians like myself, can’t even comprehend.
The song in the background does this job far more justice than my words- give it a listen, and watch the music video- American Soldier by Toby Keith.
🙏🇺🇸🙏🇺🇸🙏🇺🇸🙏🇺🇸🙏🇺🇸
#veterans #veteransday #armedforces #soldiers #thankyou #lifegoalnation #lifegoalinvestments
UNTRUE STATEMENT: “Stocks Go Up Over Time.”
TRUE STATEMENT: “The Stock Market Goes Up Over Time.”
This research paper this data was pulled from compiled the data for the largest 3,000 stocks going back to 1926 (out of CRSP database).
The reality is, the stock market goes up because a few stocks do great and pull the entire index up- another way of saying that is the average stock goes up, but the MEDIAN STOCK does not.
As for those that say, ‘I only buy large reputable stocks’, a different way of saying that is saying, ‘I only buy stocks that have done well recently.’ As stated in the video the best 20% performers for the past 5 years, on average underperform the broad market by a total of 17.8% over the next 10 years.
Buying individual stocks is fun, but I’d rather make money.
Disclosure: past performance is no indication of future returns. This data was compiled by Brooklyn Investment Group; New York University (NYU) - Department of Finance; Yale School of Management.
#stocks #stocktrader #stockmarket #investors #education #finance #personalfinance #sp500 #finance101 #investing #lifegoalnation #lifegoalinvestments
TRUE STATEMENT: “The Stock Market Goes Up Over Time.”
This research paper this data was pulled from compiled the data for the largest 3,000 stocks going back to 1926 (out of CRSP database).
The reality is, the stock market goes up because a few stocks do great and pull the entire index up- another way of saying that is the average stock goes up, but the MEDIAN STOCK does not.
As for those that say, ‘I only buy large reputable stocks’, a different way of saying that is saying, ‘I only buy stocks that have done well recently.’ As stated in the video the best 20% performers for the past 5 years, on average underperform the broad market by a total of 17.8% over the next 10 years.
Buying individual stocks is fun, but I’d rather make money.
Disclosure: past performance is no indication of future returns. This data was compiled by Brooklyn Investment Group; New York University (NYU) - Department of Finance; Yale School of Management.
#stocks #stocktrader #stockmarket #investors #education #finance #personalfinance #sp500 #finance101 #investing #lifegoalnation #lifegoalinvestments
Credit card debt just hit $1 trillion for the first time ever.
That’s alarming in its own right.
But what’s really alarming is the state of the economy while that’s happening. Currently EVERYONE who wants a job can get one with more job openings than those looking for work.
Generally default rates on credit card payments COME DOWN when unemployment is low.
But now, we’re seeing MASSIVE ACCELERATION in DEFAULTS, with 25% interest rates, and a fully employed workforce.
What happens to credit card defaults when unemployment starts ticking up to its historic average rate!?!?
#creditcards #creditcarddebt #debt #consumerism #personalfinance #finance #economics #unemployment #jobs #lifegoalnation #lifegoalinvestments
That’s alarming in its own right.
But what’s really alarming is the state of the economy while that’s happening. Currently EVERYONE who wants a job can get one with more job openings than those looking for work.
Generally default rates on credit card payments COME DOWN when unemployment is low.
But now, we’re seeing MASSIVE ACCELERATION in DEFAULTS, with 25% interest rates, and a fully employed workforce.
What happens to credit card defaults when unemployment starts ticking up to its historic average rate!?!?
#creditcards #creditcarddebt #debt #consumerism #personalfinance #finance #economics #unemployment #jobs #lifegoalnation #lifegoalinvestments