Guest viewing limit reached
  • You have reached the maximum number of guest views allowed
  • Please register below to remove this limitation
  • Already a member? Click here to login
  • 💪 Hello, please SIGN-UP FOR A FREE account and become a member of our community!
    You will then be able to start threads, post comments and send messages to other members. Thanks!
  • 🚨Muscle Gelz HEAL - A Topical Peptide Repair Formula with BPC-157 & TB-500!🚨

Stock market

They’re pushing treasury bonds right now to force the Fed to lower the interest rate. Stock market’s gonna take a hit for a little bit. Just hold it’ll bounce back up.
 
heckler7 said:
the cars are alot cheaper than I expected even from dealers. I just looked on craigslist and they are pretty low miles between 15k to 20k. looks like if its over 10 years old the price is much cheaper Imd guessing it has to do with the battery life
Click to expand...
They have a 8 year 150k mile warranty on the battery too
 
I’m just stating a fact here and don’t care about your theories, speculation or justifications.

Since Trumps inauguration I’ve lost $68k, mostly in the last two weeks. I’m going to guess that the majority of people on here don’t even have that much saved.

This is great for those of you who are speculating and still building wealth, not so much for those of us who are living off our investment.

Someday you’ll be in those shoes and you’ll understand why us older folks are experiencing the anxiety we are.
 
tommygunz said:
I’m just stating a fact here and don’t care about your theories, speculation or justifications.

Since Trumps inauguration I’ve lost $68k, mostly in the last two weeks. I’m going to guess that the majority of people on here don’t even have that much saved.

This is great for those of you who are speculating and still building wealth, not so much for those of us who are living off our investment.

Someday you’ll be in those shoes and you’ll understand why us older folks are experiencing the anxiety we are.
Click to expand...
I'm down more than you but I still work so I'm buying low.

If you aren't working and are not buying you are in trouble for sure.
 
I mean, you guys aren’t really losing if you’re not withdrawing. Ours tanked by half in 2008 iirc. Had everything in high risk. It eventually came back some and was still way more than we invested by 30% probably.
I am so far removed from investing I don’t really know about this stuff anymore though.
My pension is backed by real estate in Marin County, Kommiefornia so it gets fatter and more solid every year.
 
tommygunz said:
I’m just stating a fact here and don’t care about your theories, speculation or justifications.

Since Trumps inauguration I’ve lost $68k, mostly in the last two weeks. I’m going to guess that the majority of people on here don’t even have that much saved.

This is great for those of you who are speculating and still building wealth, not so much for those of us who are living off our investment.

Someday you’ll be in those shoes and you’ll understand why us older folks are experiencing the anxiety we are.
Click to expand...
I do.

It will bounce back and you will be back where you were. Markets move up and down. Since you keep track of your retirement, I'm sure you understand that? Markets don't just go up and up and up. LOL. We'd all be billionaires if that was the case.

Guarantee you by next year you will be in the positive. Just like markets don't keep on going up continuously, they also don't go down continuously.

I know you're not an investor, I get that's just your retirement, but he best money is made by running into a burning building.
 
tommygunz said:
I’m just stating a fact here and don’t care about your theories, speculation or justifications.

Since Trumps inauguration I’ve lost $68k, mostly in the last two weeks. I’m going to guess that the majority of people on here don’t even have that much saved.

This is great for those of you who are speculating and still building wealth, not so much for those of us who are living off our investment.

Someday you’ll be in those shoes and you’ll understand why us older folks are experiencing the anxiety we are.
Click to expand...
IMG_0271.jpeg
 
Astro95 said:
Can’t argue with that, this is etfs on sale for me, I’m putting money in just to see it burn short term, but wondering what’s everyone else’s take.
Click to expand...
I’m mad I missed out on the Newsmax meme stock lol
 
heavyiron said:
I'm down more than you but I still work so I'm buying low.

If you aren't working and are not buying you are in trouble for sure.
Click to expand...
I’m 63 years old and managed to save a million dollars to retire on. We don’t take much out monthly, just a supplement to social security. No im not working and no I’m not buying. Buy with what? My $2300 social security? My $175 VA pittance?

I didn’t work for 45 years so some asshole could fuck around like a 5 year old having a fit at the candy aisle and piss it all away.

I didn’t lose shit under that moron Biden.
 
Battousai said:
I do.

It will bounce back and you will be back where you were. Markets move up and down. Since you keep track of your retirement, I'm sure you understand that? Markets don't just go up and up and up. LOL. We'd all be billionaires if that was the case.

Guarantee you by next year you will be in the positive. Just like markets don't keep on going up continuously, they also don't go down continuously.

I know you're not an investor, I get that's just your retirement, but he best money is made by running into a burning building.
Click to expand...
Sad part about what you wrote is that there are millions of older people sitting on less than what I am and their future is bleak. Republicans and corporations have watered down or eliminated pensions in this country. They tell us to start a 401, invest in an IRA. For what? Just so some asshole billionaire can snatch the rug out from under them as he speeds by in his golf cart yelling “ the strong will survive”

They may not make it a year.

There are a lot more people in this country than just you. How about we take care of those who’ve given their sweat and blood to build this country instead of profiting from their misery.
 
tommygunz said:
I’m just stating a fact here and don’t care about your theories, speculation or justifications.

Since Trumps inauguration I’ve lost $68k, mostly in the last two weeks. I’m going to guess that the majority of people on here don’t even have that much saved.

This is great for those of you who are speculating and still building wealth, not so much for those of us who are living off our investment.

Someday you’ll be in those shoes and you’ll understand why us older folks are experiencing the anxiety we are.
Click to expand...
yet you still won't respond where I prove it was worse under your lord biden
 
tommygunz said:
Sad part about what you wrote is that there are millions of older people sitting on less than what I am and their future is bleak. Republicans and corporations have watered down or eliminated pensions in this country. They tell us to start a 401, invest in an IRA. For what? Just so some asshole billionaire can snatch the rug out from under them as he speeds by in his golf cart yelling “ the strong will survive”

They may not make it a year.

There are a lot more people in this country than just you. How about we take care of those who’ve given their sweat and blood to build this country instead of profiting from their misery.
Click to expand...

Interesting that that's all you got out of my post. Good riddance. FYI I'm thankful to businessmen for giving me the opportunity to be self employed from using the stock market. Billionaires certainly haven't stole my money
 
Battousai said:
Interesting that that's all you got out of my post. Good riddance. FYI I'm thankful to businessmen for giving me the opportunity to be self employed from using the stock market. Billionaires certainly haven't stole my money
Click to expand...
No you are missing the entire point. Hooray for you, you make money from the market.

This isn’t about you.
 
tommygunz said:
No you are missing the entire point. Hooray for you, you make money from the market.

This isn’t about you.
Click to expand...
No you completely ignored the point of my original post and instead made it about how people with money are evil and stealing your paychecks. I simply countered your retarded post making a point that I an still making money off the market and the only reason I can make money is because of entrepreneurs like Elon Musk and Michael Saylor.
 
tommygunz said:
I’m 63 years old and managed to save a million dollars to retire on. We don’t take much out monthly, just a supplement to social security. No im not working and no I’m not buying. Buy with what? My $2300 social security? My $175 VA pittance?

I didn’t work for 45 years so some asshole could fuck around like a 5 year old having a fit at the candy aisle and piss it all away.

I didn’t lose shit under that moron Biden.
Click to expand...
You and your advisor made your fund choices. The day you quit working is the day you rebalance out of risk. I'm slowly moving in and out of risk and I'm years away from retirement. This is super basic retirement investing. Unless you sold your position you didn't lose anything. Unrealized losses are unrealized.

Recessions don't happen overnight. It takes about 18 months for them to show up in an economy. This is on Biden as much as anyone.

Under Biden we lost about 20% of our purchasing power through inflation. 1 million now only buys about 800K in goods.

Under Trump you lost a few hundred dollars if you took a monthly distribution from your retirement. Under Biden you lost 200K in purchasing power.
 
heavyiron said:
You and your advisor made your fund choices.
Click to expand...
Yes.
heavyiron said:
The day you quit working is the day you rebalance out of risk.
Click to expand...
That isn’t necessarily true. TBH I lost $60k during Covid and I was already in the lowest risk asset mix. I was earning 2.5% fund returns annually the day I retired. The fund structure at that time amortized the balance for 20 years to zero balance.

Now having said that. When I did retire I protected 4 years of income into CD each earning an average of 5% maturing each year for 4 years. You see I prepared for downturn. The money being subjected to the market fluctuations is being put to work for the next 25 years.

It just doesn’t need anymore challenge than necessary.

I don’t care about recession. This is happening now. I don’t care who gets the credit for what. All I know is this (market correction) didn’t happen until the Trump administration.

So I’ll just sit on my next 4 years of secure income and pick up the pieces of this mess down the road after the next crook takes office.

Rinse and repeat.
 
heavyiron said:
Recessions don't happen overnight. It takes about 18 months for them to show up in an economy. This is on Biden as much as anyone.
Click to expand...
Hmm, let’s do a little math…
…18 months before Biden took office.
 
Sirchon said:
Typical maga blame shift the previous administration as long as shits going south.
Click to expand...
Yup. If the economy caught fire and took off it would ass slapping and high fiveing in MAGA world. It takes a shit and it’s Biden’s fault. I’ll bet in 18 months from now when we are in a full blown recession, this conversation will have never happened.
 
Word of the day: circuit breakers
 
Very quick recovery. Wonder if it's going to hit a consolidation point and drop again or continue to go up past my option price. Either way, I have to form a game plan. To hold or sell and buy. Kind of unpredictable volatility right now.
 
Battousai said:
Very quick recovery. Wonder if it's going to hit a consolidation point and drop again or continue to go up past my option price. Either way, I have to form a game plan. To hold or sell and buy. Kind of unpredictable volatility right now.
Click to expand...
I got a feeling we’re going all the way to the bottom
 

Latest threads

Back
Top