ADVERTISEMENT

Consumer confidence cratering ....

Did the same thing and then again in late 2019 as the evidence of approaching recession came along. Obviously had no idea the pandemic would hasten it and be so dramatic but was very glad I made the moves when I did. Just recently got out of this market as well.
Friend, you can't time the market, you just can't. If you could we would all be rich.
 
This is one of the biggest problems I have come across since retiring, My wife is 13 years younger than me and it's hard to come up with a good mix of low risk (for my age group) and moderate risk for her.

Wow - I thought it was bad that my wife is eight years younger than me. Instead of needing enough money to last until I'm dead, I need enough to last until about ten years AFTER I'm dead.

FWIW I love preferred stocks. You can get decent dividends without fewer ups and downs.
 
  • Like
Reactions: prlyles
Wow - I thought it was bad that my wife is eight years younger than me. Instead of needing enough money to last until I'm dead, I need enough to last until about ten years AFTER I'm dead.

FWIW I love preferred stocks. You can get decent dividends without fewer ups and downs.
I agree
 
During 2020....when the Covid CRISIS needed attention...what was going on with Covid in 2022, 2023 and 2024??....and we can even debate 2021.....
nothing. and that's why biden didn't sign any covid relief bills after 2021 (march 2021 to be exact)

 
At least you're admitting biden had a recession.
Covid and the war in Europe caused a recession (a very very mild one)

Biden - against the predictions of a majority of economists - AVOIDED a bigger downturn, and got US GDP out in front of the rest of the Western world.

Trump will reverse that, and drop us into a freefall here.
 
During 2020....when the Covid CRISIS needed attention...what was going on with Covid in 2022, 2023 and 2024??....and we can even debate 2021.....
Minnesota Twins Baseball GIF by Jomboy Media
 
  • Like
Reactions: Tom Paris
nothing. and that's why biden didn't sign any covid relief bills after 2021 (march 2021 to be exact)

And you are referring to the "American Rescue plan" signed as of March 2021??....1.9 Trillion dollars??.....did you happen to read the details of that bill included in your post??....we could go on all day debating what any of that shit had to do with Covid....
 
This is one of the biggest problems I have come across since retiring, My wife is 13 years younger than me and it's hard to come up with a good mix of low risk (for my age group) and moderate risk for her.
Oh she'll get a long-schlonged sugar daddy a year or less after you bite it. I wouldn't worry about her.
 
  • Like
  • Haha
Reactions: prlyles and HawkMD
Covid and the war in Europe caused a recession (a very very mild one)

Biden - against the predictions of a majority of economists - AVOIDED a bigger downturn, and got US GDP out in front of the rest of the Western world.

Trump will reverse that, and drop us into a freefall here.
So you consent that biden did in fact have a recession in the middle of his presidency. Thanks.
 
It seems Mericans are FINALLY realizing what many of us knew long ago...Trump will destroy the economy.

Wall St. certainly isn't impressed.

Grab your wallets and if you believe in God...PRAY!
Shitshow.

Why did the economy and stock market do well between January 2017 & January 2020?

The S&P via VOO went from $205 to $295, a ~44% increase or about 15% per year.
 
  • Like
Reactions: Scruddy
Turned on CNBC fifteen minutes ago....Did anyone know that the market is actually DOWN 0.1% since Jan 21st??.....the market panic continued today with the S&P 500 down 0.25%...they "reported"....

The sky is falling, the sky is falling...

Does that imply they believe that markets ALWAYS go up in every time period possible??

Oh, and by the way, the Dow is up 250 points and the Russell 2000 is up 0.20% today...

Would this make you think that CNBC has a reporting bias??
I think the relevant stat is that the S&P is down about 2.5% in the past week. There was quite a run up under Trump, but something bad is happening. How bad? Maybe it is a blip on the radar. Maybe it is the start of something worse. No one knows. We will have to see.
 
I think the relevant stat is that the S&P is down about 2.5% in the past week. There was quite a run up under Trump, but something bad is happening. How bad? Maybe it is a blip on the radar. Maybe it is the start of something worse. No one knows. We will have to see.
And i haven't lost a penny, while Filthy DON is trying to crash it.
 
  • Like
Reactions: noleclone2
I moved everything into two money markets today. Was all in stock mutual funds of various sizes and types. Have a bad feeling and wanted to not be sorry. My Schwab account seemed very slow too…like there was a lot of traffic 😂😂

Kept all future biweekly investments same though in hopes to do some dollar cost average investment now…
 
I moved everything into two money markets today. Was all in stock mutual funds of various sizes and types. Have a bad feeling and wanted to not be sorry. My Schwab account seemed very slow too…like there was a lot of traffic 😂😂

Kept all future biweekly investments same though in hopes to do some dollar cost investment next.
Just remember to re-invest that cash at some point. If you sit on the sidelines during the big green days, it's hard to recover those gains (speaking from experience). But if you sleep better at night, I get it.

 
Just remember to re-invest that cash at some point. If you sit on the sidelines during the big green days, it's hard to recover those gains (speaking from experience). But if you sleep better at night, I get it.


For sure I will try. Learned this lesson hard way in 2020. I even posted here about 2-3 days before covid stock market melt down about selling. It was amazing timing wise but got greedy and it rebounded too quick, never dipping back down. Only made about 10% compared to what could have been near 40%
 
  • Like
Reactions: WadeLookingbill
For sure I will try. Learned this lesson hard way in 2020. I even posted here about 2-3 days before covid stock market melt down about selling. It was amazing timing wise but got greedy and it rebounded too quick, never dipping back down. Only made about 10% compared to what could have been near 40%
I hear that. Hope this time you nail the timing on both sides.
 
TESLA/Musk has me seriously confused. Conservatives have been anti-EV from the start, so they aren’t buying Tesla. Now Musk is doing everything he can to make liberals hate him; so they won’t want to buy Tesla, either.

It’s as if he’s deliberately trying to tank the stock.
This is why I sold at $460. He’s completely fing Tesla.
 
  • Like
Reactions: noleclone2
ADVERTISEMENT
ADVERTISEMENT