Mamdani balanced NYC's budget and Republicans are hysterical

So much for cpa kevin's claim that pension funds don't own stocks,  They actually own $7.8T in stocks and can be invested up to 60% in stocks

As of the first quarter of 2025, institutional pension funds in the U.S. hold about 7% of total corporate equities in the country legalclarity.org. This figure comes from the Federal Reserve’s Financial Accounts of the United States (L.224 table), which tracks corporate equity ownership by sector. 

Breakdown of Ownership Private pension funds (e.g., corporate defined benefit plans, 403(b) plan trusts): ~$4.6 trillion in corporate equities State and local government defined benefit retirement funds: ~$3.2 trillion in corporate equities

The majority of pension funds now allocate more than 20% of their assets to alternative investments, such as private equity and real estate.

Pew Research shows pension plans are 40-60% in stocks, with the balance in alternative investments and bonds.

And the annual return is 6.62% well above inflation.

From 2001 to 2024, the average 24-year actual return was 6.62%, annual-pension-report.reason.org.

He may want to check his Oregon pension plan which is 50% in equities.

As of the most recent available data, the Oregon Public Employees’ Retirement Fund (OPERF/PERS) holds about 50% of its assets in equities, which includes both public equities and private equity Markets Group.

What a childish habit you have, to argue against something no one said. I made no such "claim."

I promise to leave the Sink foreer if you can show us where I "claimed" that pension funds don't own stocks.

Well?? Or are you lying?

I promise to leave the Sink foreer if you can show us where I "claimed" that pension funds don't own stocks.

The only AAA securities are bonds; so you admit that pension funds don't invest in stocks

This is what you said

I know that pension funds do occasionally invest in the markets, but only ultra-safe, AAA+ rated securities, which return far less than the stock markets overall.

So BYE

Thanks Tom.  What a peaceful afternoon

Idiot, both stocks and bonds are securities, and both use the same rating system. 

Where did I claim that pension funds don't own stocks? AAA+ rated securities can be stocks OR bonds.

The overall return of the highest-rated stocks is less than that of the market overall. Fool.

Stupid Tom. You lie and then you try to weasel.

Brent, I'm truly sorry that I didn't vote for your orange master. I should have known that he is the savior of the world.

Can you be a forgiving MAGA?

Idiot, both stocks and bonds are securities, and both use the same rating system.

Stupid kevin the alleged CPA and Economics major, is the idiot.

Rating agencies do not assign AAA ratings to stocks in the way they do for bonds or corporate debt. Instead, they use AAA (or Aaa) as a credit rating for debt issuers — meaning the issuer has the highest possible creditworthiness and the lowest risk of default Investopedia

Stupid kevin also said that pension plans performance don't outperform inflation - WRONG

The overall return of the highest-rated stocks is less than that of the market overall

Stupid kevin may want to check the perforance of companies such as Amazon, Apple and Nvidia to name a few.

And so since you said pensions funds don't invest in stocks but they do - BYE!

Let's see...two Tom-lies about what I supposedly said. Shows how weak he is, when he can only argue against what I DIDN'T say.

Tom's dishonest and dishonorable. Talking to him is futile.