You questioned where I got numbers for the DOW, trying to make it as though I based it on nothing, and I'm the asshole? Right...
OK . . . Now I'm Getting Worried About the Market
- Thread starter What Would Jesus Do?
- Start date
Your inability to understand that people on high don't care about your measly needs is astounding. It's on you though.
If the stock market only made the rich richer the last 6 years, doesn't a pullback only make the rich less rich?
It's funny that he now starts to see that. Despite many on here and the experts themselves saying and warning of this for years.Ya think? We've been talking about this thing being propped up for years now.
There is nothing in your posts that address my point that our economies have been far steadier and healthier under the Fed. You simply spout off about something else. If you want to call that an intelligent response, knock yourself out. I call it avoiding the point.
No they haven't actually, and surprisingly it seems as if the Feds actions led to a lot of these issues in the past. The pushing for a central bank is what caused a lot of the problems. Not to mention that a country starting out and growing tends to have issues.
You want to support the institution that has led the continuation of the wealth gap then that is one you. You have no answer for that happening. None. You bitch about it all the time, yet you fail to see the main weapon being used to make sure it continues. It's not my fault you don't know how it works.
Why weren't they holding their money back for the last few years since "the experts themselves saying and warning of this for years" (your words)
That right there tells you everything you need to know about yourself. You don't even know what year you're in.
I find this to be an interesting argument. It is indisputable that the Fed has led to healthier economies. Surely, that health largely benefits the rich. But it also benefits the poor if for no other reason that healthier economies supports more jobs. Please explain how deeper recessions and less jobs benefits the poor?
Wow. You got me on that one. Congrats. You've been getting owned on your everything else. I suppose even a dog deserves some scraps every once in a while.
Further, it is also indisputable that the inflation rates have been far healthier under the Fed. Please explain how wild inflation and deflation rates benefit the poor?
I questioned if you were forming your opinion based on pulling it out of your ass or from reading what experts were saying. I also said my post was no intended to be an insult. I was just trying to get you to give up your source.
So yes, you are an asshole with little knowledge on the market. Especially if you just now coming around to the fact that the market has been overvalued for quite some time. It's been propped up by the Fed's QE and 0% Interest Rates. This was a long time coming. Well, at least most people knew that.
The "fundamentals" are not bad. I would say there might be some over reaction but a drop to 14,000 is possible.
In regards to selling stocks now...don't panic. That is stressful and makes you a candidate to second guess.
BTW: Not a lot of $$$ involved, but after 9/11, I did panic and sold/transferred stock funds. Worst thing I ever did as an investor. Just forget about looking at your portfolio, as hard as that might be. And if your wife asks you how things are going, change the subject.
In regards to selling stocks now...don't panic. That is stressful and makes you a candidate to second guess.
BTW: Not a lot of $$$ involved, but after 9/11, I did panic and sold/transferred stock funds. Worst thing I ever did as an investor. Just forget about looking at your portfolio, as hard as that might be. And if your wife asks you how things are going, change the subject.
You're talking to a guy that still believes it really matters who is in the WH.
1. If you don't need the cash then don't sell.
2. If you have extra cash, then buy. Don't worry about buying at the absolute bottom.
3. Give it time and enjoy the inevitable ride back up.
"Prime" is a doom and gloom guy/gal. If you preach that approach, eventually when the market does go down, you can say "See, I told you so".
When it goes back positive, he'll be as quiet as a church mouse. That's how he rolls.
AM I concerned? Yeah, a little. But history shows us that it's always been cyclical.
I'm just curious. When you say they knew exactly what they were doing, what is "it" and what were they "doing"?
You are speaking in vague terms here. Please explain what the main weapon is and how "it" works. Honestly curious what you mean.
What they were doing, was simply sitting back and waiting until when they felt the right time to take action would be. It's not necessarily what they were doing, but what they weren't doing. Despite the fact that they had a lot of power to have helped the recovery quicker. They didn't want to though.
That doesn't even cover what they did to help cause it in the first place. That's another conversation to be had. If you want explanation, I'll be glad to help.
The power to acquire money at command. The ability to say hey, we need money for this. Fed says, okay, here you go.
Can I hire you to be my investment manager? Or will you just tell me to put it all under the mattress?
Yea, so who is they? This is still extremely vague. Are you talking about the Great Depression or the 2008 recession?
Some truth to that. We saw that in the 2008 crash.
Rich and poor take a hit and the rich may even take a proportionally bigger hit, on average. BUT - and this is a big but - they can afford it.
Moreover, they are positioned to bounce back - which we saw when things started to get better. Plus, if one of the 1% loses his house, he has others. Whereas if you or I lose our house, we're screwed.
The Fed is made of up 12 elite private members. A board if you will. I'm talking about the Depression. Before the depression began the Fed sent LOTS money and lowered interest rates. This helped cause the 1920's boom. Once the inflation started to set in, because they over did it, they raised interest rates. Obviously this slowed down lending and the dependence on money had grown too big. Investors knew this would eventually hit them, so they started to pull out of the market. The market slowed down considerably because of this. This continued and increased and the market crashed. Savings increased because of this and less spending in general occurred. Which helped the market nose dive more.
Less consumption, led to less production, then to less employment, then the cycle kept repeating.
So, because the Fed pumped too much money into the market, and because they had interest rates so low, the inflation and the market it expanded, suddenly popped when they were forced to stop doing those things because of the threat of hyper inflation. Had they kept everything on steadier flows, this would never have happened.
Then of course, as I said before, they sat back and watched for awhile, which is why it took so long to recover.
Notice the similarity to then and now?
Just from looking at historical measures the DOW is always up from one ten year period to the next. You could take any ten year period and see that the DOW ends up higher than it was ten years prior (this also works for most five year periods as well). What I take from this is that the DOW has proven historically to be a great long term investment.
That being said, it doesn't guarantee any future performance. All we have to go on is historical trends of course.
Dow 100 years
That being said, it doesn't guarantee any future performance. All we have to go on is historical trends of course.
Dow 100 years
It's only indisputable because THAT'S ALL WE'VE HAD. I don't believe you truly know very much about the Federal Reserve Banking cartel.
And I was giving factual data on the DOW since some had questions. I am not advocating for it or against it. Just wanted to add some data.
Just out of curiosity, what type of investments or financial vehicles are you sinking your money into given your feelings on the Fed?
I already have property assets as my disposal. No need to invest in more. That combined with my annual savings plan, I have no need to invest at the time.
Actually, I do have a moderate 401k plan. So there's that.
How many years have the folks on here been warning us?
Well Prime...let me be the first to announce that the markets are going to go up! Just give me enough time and I can be as right as you.
Similar threads
