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Stock Market Today: Dow down almost 800 points, S&P 500, Nasdaq tumble after Trump refuses to rule out recession

But we all have knowledge of what your wife looks like on her hands and knees.
Hitman has wife?

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So when you guys go to cash, I'm curious how much of your portfolio you actually sell off? I went with 30% thinking this is more a market correction.
 
I let our fiduciary worry about that.
My short-term money, and by that I mean what I might want in the next two to three years, I had already moved into almost all ultra-conservative investments. My medium-term money that's like four to six or seven years out, I moved into 40% market, 60% conservative secure investments. My long-term stuff, has been riding pretty aggressively. I'm sure that account will be taking a hit.
 
So when you guys go to cash, I'm curious how much of your portfolio you actually sell off? I went with 30% thinking this is more a market correction.
I just slowly rebalanced my portfolio last year post election. I saw it coming and posted about it then I think. I did not go to cash except for maybe 6 months of living expenses. I mostly rebalanced into high quality bonds. Left my retirement accounts, which I won’t be touching for years, in equities. The larger accounts are my brokerage accounts which are now heavily weighted in bonds although they do still hold some stock. Overall I’m at about 50% stock and the rest a mix of different, safer asset classes.
 
My short-term money, and by that I mean what I might want in the next two to three years, I had already moved into almost all ultra-conservative investments. My medium-term money that's like four to six or seven years out, I moved into 40% market, 60% conservative secure investments. My long-term stuff, has been riding pretty aggressively. I'm sure that account will be taking a hit.
What's your profession? Looks like you have a solid plan. I'll keep investing like I have, and hopefully in a few years I start recouping the loss.
 
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We went from a President who seemed to want WW3 and turn guys into girls to a guy wanting to crash everything to clean the intestines.

The end has gotta be near.
 
What's your profession? Looks like you have a solid plan. I'll keep investing like I have, and hopefully in a few years I start recouping the loss.
I also don't forsee needing to tap into any investment until 2026 sometime. I'm hoping things are back to 'normal ' by then... whatever that may be.
 
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I also don't forsee needing to tap into any investment until 2026 sometime. I'm hoping things are back to 'normal ' by then... whatever that may be.
This is why I got completely out of the market 1 month ago. The prospect of losing 30%+ is far more motivating than missing out on a gain of 5-10%.
 
You are watching a market come down off the suger rush of government money, this too shall pass.

Buy now if you can.
The covid money glut ran out 2 years ago wacko yet the economy was growing great under the Dems and Biden and the soft landing was working, sure you can lower inflation fast if you want but you might get a depression or worse.

Biden and the Fed Reserve brought that inflation down slowly and the economy went up and up and real wages increases were beating inflation over the last four years
 
The covid money glut ran out 2 years ago wacko yet the economy was growing great under the Dems and Biden and the soft landing was working, sure you can lower inflation fast if you want but you might get a depression or worse.

Biden and the Fed Reserve brought that inflation down slowly and the economy went up and up and real wages increases were beating inflation over the last four years
Real wages were not beating inflation. They never made the ground up from year 1 and then inflation compounds.

Look at debt. It wasn't just the covid money, that was my.example to trumps failures. There was much more.
 
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I put WDT on ignore months and months ago. Not even a bit curious as to what jibberish he’s spouting.

MAGA mouthbreathers won’t face reality, so I put them all on ignore. They got us in this mess, and I’m tired of seeing their posts still defending Trump and Musk.

I can appreciate where you're coming from, but I won't ignore him or phenom, they are both fascinating in terms of their descent into radicalization/brainwashing. I don't work in a mental health field - I'm never going to be exposed to something like this in my 'real life' - this board provides a zoo like look into it and you can occasionally 'tap the glass'.
 
Hahaha. Double down on dumb, the Riley way.


No Riley, wage growth hasn't been anywhere near the compounded interest.
Wage growth has been outpacing inflation for some time now. I have no idea what you are referencing with "compound interest". Still, the point is wage growth is compounded. Seems you need a lesson on this as well.

Wage growth is typically compounding over time because increases are applied to the new, higher wage level each year. This means that if wages grow at a consistent annual rate, the effect accumulates rather than resetting each year.

How Wage Growth Compounds:

If wages increase by a certain percentage annually, the new wage base for the next increase includes the previous increase. For example:
  • Starting salary: $50,000
  • Year 1 (5% increase): $50,000 × 1.05 = $52,500
  • Year 2 (5% increase): $52,500 × 1.05 = $55,125
  • Year 3 (5% increase): $55,125 × 1.05 = $57,881
Instead of adding a fixed amount each year, the growth compounds, leading to a higher overall increase than simple (non-compounded) growth.

You're a moron.
 
Wage growth has been outpacing inflation for some time now. I have no idea what you are referencing with "compound interest". Still, the point is wage growth is compounded. Seems you need a lesson on this as well.

Wage growth is typically compounding over time because increases are applied to the new, higher wage level each year. This means that if wages grow at a consistent annual rate, the effect accumulates rather than resetting each year.

How Wage Growth Compounds:

If wages increase by a certain percentage annually, the new wage base for the next increase includes the previous increase. For example:
  • Starting salary: $50,000
  • Year 1 (5% increase): $50,000 × 1.05 = $52,500
  • Year 2 (5% increase): $52,500 × 1.05 = $55,125
  • Year 3 (5% increase): $55,125 × 1.05 = $57,881
Instead of adding a fixed amount each year, the growth compounds, leading to a higher overall increase than simple (non-compounded) growth.

You're a moron.
Thank you for showing the math proving you are absolutely stupid.


Riley look at that and then look at the compounding cost of goods over the last 4 years.
 
Thank you for showing the math proving you are absolutely stupid.


Riley look at that and then look at the compounding cost of goods over the last 4 years.
Wage growth has been higher than inflation for the past 2 years. Wage growth compounds just as inflation does.

To get you started, wage growth in March 2023 was 6.1%. Inflation was 4.98%. The rest is in the links. It will do you good to study some on your own. Not that I think it will do you any good.

https://www.multpl.com/inflation/table/by-month

https://www.atlantafed.org/chcs/wage-growth-tracker
 
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