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RE: [TSP_Strategy] Re: 20% tariff on Mexican imports

 

You miss my point.If you spend $20 billion on a wall/whatever that can be tunneled under, climbed over, flown over, etc. Or spend the$20 billion in a more constructive fashion creating jobs that create "stuff", stability, and reduces the desire to go elsewhere for livelihood, you don't need a wall when the money was spent on economic stability. Everyone gets richer when everyone has more to lose. This does belong elsewhere though. However if we start a trade war with other countries it will hurt the TSP funds We have a few trillion a year in imports and exports just in goods, not including services. Throwing random sand in those economic gears will not have a good outcome.

FWIW, I wish we had an R fund to invest in (Russian Large Caps). I believe they will be outperforming US stocks over the next year...

Bob, the problem is that, while most everyone agrees that we should increase security on our southern border, we disagree about how to implement it.  IMHO, it should be left to experts on border security to explain what CAN be done...and then left to the American people to decide how much we want to spend towards this effort.  In other words, for one billion, we can increase security here and likely decrease illegals by ____, for 5 billion we can increase security in additional places by ____, for 10 billion....and so on.  The American people then should decide how much they want to spend and for what return.  To simply say, "I will build a great wall" is meaningless political gibberish.

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Neither the TSP Strategy group, nor individual members, are licensed or authorized to provide investment advice. Any statements made herein merely reflect the personal opinions of the individual group member. Please make your own investment decisions based upon your personal circumstances.

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