ahs1
or, you can just break these stupid, unenforceable laws and buy out of state or just "uncastrate" it yourself.
no idea why so many people get their panties in a twist everytime California passes an unenforceable law. they're unenforceable.
No thanks, I prefer to live in a free country.
>"a rural state" sounds like all the worst bits of living in the US.
I don't have the level of contempt for my fellow Americans that you have
Markets prefer political stability. Average annual S&P 500 returns are around ~7% adjusted for inflation, but ~12% when a President is in his second term.
Political answer:
A Trump loss would be presumably be to one of the self-avowed socialists running which would certainly crash the markets.
Furthermore, even without a market crash, a socialist implementing mark-to-market capital gains taxation while also doubling the long-term capital gains rates (15% to 32% for me) would drastically slow down my march towards $1,000,000.
I just created my HN account to emphasize this point. After 4 years in the Bay Area, I've come to the same conclusion. I've been saving money for 9 years now & should be at the $1,000,000 mark within 2 years. First 5 years of saving in Los Angeles got me to $200,000, and the last 4 years have pushed me to $700,000. Assuming Trump is re-elected, my portfolio should hit the $1,000,000 mark within two years.
A million bucks isn't much here, but its a sizable nest-egg in most places in America. Saving money in the Bay Area is much easier to do than anywhere else. I plan to move to a rural state as soon as I get to a million. The misery of living here has to end at some point.