Paul Espey

At today's low, the S&P 500 was down 5.8% from its Oct 29 peak, the 31st pullback >5% since the March 2009 low. Each one came with a scary headline. Each one felt like the end of the world. And yet ... the world didn’t end and the market eventually recovered to hit new highs.

THIS IS EVERYTHING. THESE TWO ARE BROTHERS FOR LIFE. BIGGER THAN BASEBALL. PCEIYA FOREVER. #PCEIYA

Everyone wants to know where the S&P 500 will be a year from now. Here’s the truth: nobody knows. History shows 12-month returns are pure randomness. Successful investing means aligning portfolios with long-term goals, not chasing forecasts.

@RyanBakkeCPA @CPAPlanner I think @CPAPlanner meant to say $30k.

@CPAPlanner How does taxable income rise by $130k? Not following.

1/ 🚨Breaking News🚨 The One Big Beautiful Bill (OBBB) Act has just been passed by the House, and is now on its way to the President's desk, where it will be signed into law. With that in mind, it's time to break it down... To read it for yourself: congress.gov/bill/119th-con…

The S&P 500 crossed above 6,200 last week for the first time, hitting its first 100-point milestone since January. $SPX Video: youtube.com/watch?v=nsyz-d…

@CPAPlanner Can you explain this further? How would taxable income rise by $130,000? Wouldn’t their salt cap just drop from 40,000 down to 10,000? Did you mean to say their taxable income would increase by 30k? 🤓

11/ That makes the $500k - $600k income range EXTREMELY important from a planning perspective for those w/ high SALT. B/c absent any other factors, increasing AGI from $500k to $600k means taxable income could rise by $130k! Ouch!

god gives his toughest battles to his strongest soldiers

S&P 500 total returns since... Election day 2008 +675% Election day 2012 +400% Election day 2016 +207% Election day 2020 +81%

@TeamYouTube Fixed now. Thanks!

@PEspey jumping in, we're looking into this issue rn. we'll reach back out if we need any extra info

@CNBC @SquawkCNBC Audio skipping!!!

@KenReeceHolland @SquawkCNBC Same. @YouTubeTV

No, the stock market is not rigged against the little guy There has never been a better time to be an individual investor But there is no such thing as easy money The stock market is for patient people awealthofcommonsense.com/2024/05/no-the…

At 12.3 million viewers, last night's Iowa-LSU game had more viewers than: • Any women's CBB game ever • The 2023 NBA Finals • The 2023 World Series • The 2023 Orange Bowl • The 2023 Big Ten Championship • The 2023 Cotton Bowl • The 2023 Pac-12 Championship • The 2023 Big-12 Championship • The 2023 ACC Championship • The 2023 Peach Bowl • Thursday Night Football • Every 2023 college football regular season game except Ohio State vs. Michigan Absolutely INCREDIBLE.

Investing early has major advantages. Love this table from @NDR_Research. Investor A puts 2k in for 8 years from ages 19-26. Investor B puts 2k in each year from 27-65. At 65 year old Investor A has more than $1m at retirement, more than Investor B at $800k.

Print this off and pin it to your desk. Stocks go up and they go down.

The single most important chart to understand the stock market. Gains happen 78% of the time. It's 6x more likely to gain >+15% than lose <-15%. You are hard wired to avoid risk and that's why almost everyone underperforms

The Dow just crossed above 37,000 for the first time, new all-time high. $DJIA

This. Is. Incredible.

Fly the W. #Hawkeyes

I updated @charliebilello's "Dow Milestones" tweet from ~2019, when the Dow hit 28,000.  Since then, we've seen 8 more milestones, with an average # of days between of 90. It's been 717 days since Dow 36,000 which is the longest wait since Dow 15,000 (2,119 days).