Odin's Cooler Alumnus
kramerhammer
Viking (5,537)
Feb 8, 2017
Valhalla
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Post by kramerhammer on Oct 24, 2017 17:37:21 GMT -6
Can't care. Been all cash an munis since mid august. Waiting for the tail spin to get back in.
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Odin
Purp1eOne
Winning
Jarl (15,240)
Feb 3, 2017
Valhalla
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Post by Purp1eOne on Oct 24, 2017 17:51:43 GMT -6
I think your Trump issues cost you plenty of $$$
Thats too bad I have enjoyed the ride
It won't drop until after the tax plan is passed, but if it is passed it won't drop much and then continue up for a while
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OkieDokie
Surviving
Jarl (22,857)
Feb 5, 2017
Valhalla
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Post by OkieDokie on Oct 24, 2017 18:43:32 GMT -6
Looks as though I was very prescient once again. Looking for war is always profitable on the downside. LOL. Take me down another 300 DJT and I will jump back in................OMG. This post didn’t age well. if you took money out in Mar like you said then you missed a huge elevator ride up.
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Deleted Member
Deleted
Jan 1, 1970
Valhalla
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Post by Deleted on Oct 24, 2017 19:27:18 GMT -6
I guess I'm confused by why this stays news to you here? When Obama took office the stock market was around 8000 and Wall St was a mess. It needed a "too big to fail" bail out after Bush. It was around 20,000 when he left office. Does that mean he was a good president? I'm enjoying this ride but well aware of how quickly things can change. I've lower my stock exposure some. However still in deep if it goes to shit again. Don't have as much time to dig out if it does this time.
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Post by Purplemachine on Oct 24, 2017 19:37:54 GMT -6
Can't care. Been all cash an munis since mid august. Waiting for the tail spin to get back in. I can understand to a certain degree your reasoning here. But what if the market keeps going up for a while, maybe a looonnggg while? Trying to time the market has never been a wise money making strategy. But if you are within a couple years of retirement I could understand it. Although most markets down turns return to previous marks in about 2 years.
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Deleted Member
Deleted
Jan 1, 1970
Valhalla
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Post by Deleted on Oct 24, 2017 20:04:37 GMT -6
Can't care. Been all cash an munis since mid august. Waiting for the tail spin to get back in. I can understand to a certain degree your reasoning here. But what if the market keeps going up for a while, maybe a looonnggg while? Trying to time the market has never been a wise money making strategy. But if you are within a couple years of retirement I could understand it. Although most markets down turns return to previous marks in about 2 years. This is sound advice. Never base your investments on where you believe the market will go. Better to base it on how long you have left to invest at current % and how soon till you will needing it for income. If like many Americans 401-K is your main retirement income supplement.
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Odin
Purp1eOne
Winning
Jarl (15,240)
Feb 3, 2017
Valhalla
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Post by Purp1eOne on Oct 24, 2017 21:14:59 GMT -6
I guess I'm confused by why this stays news to you here? When Obama took office the stock market was around 8000 and Wall St was a mess. It needed a "too big to fail" bail out after Bush. It was around 20,000 when he left office. Does that mean he was a good president? I'm enjoying this ride but well aware of how quickly things can change. I've lower my stock exposure some. However still in deep if it goes to shit again. Don't have as much time to dig out if it does this time. Whats funny is the liberals said the market was going to crash if Trump got elected. On election night the stock market was at 17,888 and its called the Trump bump because if you didn't buy into the liberal BS and had half a brain(not you just in general) you realized Trump was pro business and what he ran on. So this is the Trump bump, the market has gone up, up, up Now the difference from Obama was the market had crashed and had nowhere to go but up. When he got elected it was around 8,600 and had already reached the level of 13,750. When Trump got elected the market was already at lofty levels and it's previous high was 18,177 and it is now blowing that away and setting records. There is quite a difference between the two if you put partisan crap aside.
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OkieDokie
Surviving
Jarl (22,857)
Feb 5, 2017
Valhalla
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Post by OkieDokie on Oct 24, 2017 21:59:15 GMT -6
The average inrease per year under under Obama was 1,161.
In less than 1 year the increase under Trump is 5,554.
Do the math kids.
Not counting like P1 said it had nowhere to go but up under Obama due to having tanked so bad under the housing bubble caused by loosening loan rules. The growth rate of country under Obama was never more the 3, he never got close and its the first time in history. Keeping in mind money was flowing under Obama yet he still could not cross into 3 territory in 8 years.
Now once Trump got elected the smart money folks realized a businessman would be good for economy and look whats hapenning to markets. But the left would rather not let the Trump economy get any press so drummed up all these conspiracies. And ironically those conspiracies are coming home to roost and the tables are turned. The Obama/Clinton Uranium sale out is coming to light. The smear campaign is from Dems is coming to light. The tarmac meeting to silence illegal emails/server is coming to light. The shady people in FBI and other offices is coming to light.
Meanwhile the Trump train is rolling. And he is still working on tax plan which will be another boost to economy.
I think its funny that some on left took money out of market solely based on political reasons and not smart money reasons. A blind monkey could have foreseen a spike in market based solely on a businessman coming into office. I love reading about those who took money out at the most opportune time in stock market history. I would never let political beliefs get in the way of making momey decisions.
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Deleted Member
Deleted
Jan 1, 1970
Valhalla
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Post by Deleted on Oct 24, 2017 22:12:50 GMT -6
I guess I'm confused by why this stays news to you here? When Obama took office the stock market was around 8000 and Wall St was a mess. It needed a "too big to fail" bail out after Bush. It was around 20,000 when he left office. Does that mean he was a good president? I'm enjoying this ride but well aware of how quickly things can change. I've lower my stock exposure some. However still in deep if it goes to shit again. Don't have as much time to dig out if it does this time. Whats funny is the liberals said the market was going to crash if Trump got elected. On election night the stock market was at 17,888 and its called the Trump bump because if you didn't buy into the liberal BS and had half a brain(not you just in general) you realized Trump was pro business and what he ran on. So this is the Trump bump, the market has gone up, up, up Now the difference from Obama was the market had crashed and had nowhere to go but up. When he got elected it was around 8,600 and had already reached the level of 13,750. When Trump got elected the market was already at lofty levels and it's previous high was 18,177 and it is now blowing that away and setting records. There is quite a difference between the two if you put partisan crap aside. I guess what I find funny is and not defending Obama, but Trump has stated many times what a mess he inherited from Obama. When if you or I at least look at it Obama actually inherited a much tougher hand. Stagnant economy, crumbling investment/banking system in need of bailout. American auto industry on the verge of collapse. Again another bailout. Add in on top two active wars. So you get "Hope and Change" Well Obama certainly mishandled the peace in Iraq. If peace is what you could have called it when we pulled out. You could argue if it was right to bailout either. Bush bailed out Wall St. Obama did the auto's. However both are better off, for now. Obama spent like a drunken sailor. No offense to our Navy vets. Our debt was out of control before him. He made it much worse. I guess it just sounds like sour grapes to hear Trump complain about the mess he inherited. You are right they were predicting dire consequences if he won. I choose to drowned out party noise. "Hope and change" died. Then as a country we swung as far the other way as possible. I swear we are a bi-polar nation. That's what you get with 2 party politics. Which is why I choose a 3rd.
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Post by SmokedPears on Oct 25, 2017 6:53:05 GMT -6
I think your Trump issues cost you plenty of $$$ Thats too bad I have enjoyed the ride It won't drop until after the tax plan is passed, but if it is passed it won't drop much and then continue up for a while The Dems will do everything they can to stop it because they know how good it would be for the country and they can't have good things with the Reps in charge.
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Post by SmokedPears on Oct 25, 2017 7:00:21 GMT -6
Whats funny is the liberals said the market was going to crash if Trump got elected. On election night the stock market was at 17,888 and its called the Trump bump because if you didn't buy into the liberal BS and had half a brain(not you just in general) you realized Trump was pro business and what he ran on. So this is the Trump bump, the market has gone up, up, up Now the difference from Obama was the market had crashed and had nowhere to go but up. When he got elected it was around 8,600 and had already reached the level of 13,750. When Trump got elected the market was already at lofty levels and it's previous high was 18,177 and it is now blowing that away and setting records. There is quite a difference between the two if you put partisan crap aside. I guess what I find funny is and not defending Obama, but Trump has stated many times what a mess he inherited from Obama. When if you or I at least look at it Obama actually inherited a much tougher hand. Stagnant economy, crumbling investment/banking system in need of bailout. American auto industry on the verge of collapse. Again another bailout. Add in on top two active wars. So you get "Hope and Change" Well Obama certainly mishandled the peace in Iraq. If peace is what you could have called it when we pulled out. You could argue if it was right to bailout either. Bush bailed out Wall St. Obama did the auto's. However both are better off, for now. Obama spent like a drunken sailor. No offense to our Navy vets. Our debt was out of control before him. He made it much worse. I guess it just sounds like sour grapes to hear Trump complain about the mess he inherited. You are right they were predicting dire consequences if he won. I choose to drowned out party noise. "Hope and change" died. Then as a country we swung as far the other way as possible. I swear we are a bi-polar nation. That's what you get with 2 party politics. Which is why I choose a 3rd. I am this close (fingers about a millimeter apart) to switching to Libertarian. I just wish they had some ground roots leadership.
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Deleted Member
Deleted
Jan 1, 1970
Valhalla
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Post by Deleted on Oct 25, 2017 7:33:08 GMT -6
I guess what I find funny is and not defending Obama, but Trump has stated many times what a mess he inherited from Obama. When if you or I at least look at it Obama actually inherited a much tougher hand. Stagnant economy, crumbling investment/banking system in need of bailout. American auto industry on the verge of collapse. Again another bailout. Add in on top two active wars. So you get "Hope and Change" Well Obama certainly mishandled the peace in Iraq. If peace is what you could have called it when we pulled out. You could argue if it was right to bailout either. Bush bailed out Wall St. Obama did the auto's. However both are better off, for now. Obama spent like a drunken sailor. No offense to our Navy vets. Our debt was out of control before him. He made it much worse. I guess it just sounds like sour grapes to hear Trump complain about the mess he inherited. You are right they were predicting dire consequences if he won. I choose to drowned out party noise. "Hope and change" died. Then as a country we swung as far the other way as possible. I swear we are a bi-polar nation. That's what you get with 2 party politics. Which is why I choose a 3rd. I am this close (fingers about a millimeter apart) to switching to Libertarian. I just wish they had some ground roots leadership. There's plenty of room. It is the only viable 3rd party. Yet still on a good day pulls 4% nationally. In my state of Florida 3rd party or independents make up a large piece of the pie. Here is a article from Miami. If you don't care to read it I'll just point out my main complaints about how our laws screw independents.
You have to join D or R party to vote in the primary. As the article states in some cases one party is so deeply entrenched the other won't even bother to run a candidate. So the primary is the general election. My rep is one. The party's are not going to change the rules. They like it I guess. I vote nobody.
Which leads me to my 2nd problem. Since we don't get to choose a candidate for the 3rd party in a primary. Whoever is the party choice at their national convention is our choice.
Does any of this sound American to you? In Florida 24% are independents yet still ignored.
edit: opps forgot link. While I'm back I'm very close to changing to R so I can vote against my rep in a primary. However he mostly run unopposed. He took over for his father when he retired. What are we the freaking House of Lords...lol
www.miaminewtimes.com/news/why-you-shouldnt-register-as-an-independent-voter-in-florida-8193027
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Post by Bezerker88 on Oct 25, 2017 7:34:54 GMT -6
. Which is why I choose a 3rd. I am this close (fingers about a millimeter apart) to switching to Libertarian. I just wish they had some ground roots leadership.Come on in... the water is fine. And YOU could be that ground roots leadership in your area... I will admit that Trump is as really close to a third party President that I'll see in my life time. Some Republicans don't like him and want to see him fail, Dems hate, hate, hate, HATE him, the media can't stand the fact he won, and want their dire predictions to come true. I'm surprised he can get anything done.
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Odin's Cooler Alumnus
kramerhammer
Viking (5,537)
Feb 8, 2017
Valhalla
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Post by kramerhammer on Oct 25, 2017 7:59:25 GMT -6
Can't care. Been all cash an munis since mid august. Waiting for the tail spin to get back in. I can understand to a certain degree your reasoning here. But what if the market keeps going up for a while, maybe a looonnggg while? Trying to time the market has never been a wise money making strategy. But if you are within a couple years of retirement I could understand it. Although most markets down turns return to previous marks in about 2 years. I just think we are over due for a correction and looking to get back in on the cheap. The return of inflation we have been hearing about for the last 5 years may just bring things to a grinding halt. It has been an incredible 8-9 year run and we need a little correction. Stocks are just too expensive right now. I am still dabbling in some short term trades.......maybe a dead cat bounce in GE.
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Odin
Purp1eOne
Winning
Jarl (15,240)
Feb 3, 2017
Valhalla
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Post by Purp1eOne on Dec 19, 2017 8:36:08 GMT -6
WINNING!!!!Dow rises 5,000 points in a year for the first time ever This is the biggest annual-points gain for the Dow in its history. A 140-point rally Monday sent it to an all-time high and pushed it to the 5,000-point milestone. link
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