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Dow erases all gains made since Trump took office

 
Grove Street

User ID: 77822692
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03/18/2020 04:23 PM
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Re: Dow erases all gains made since Trump took office
17-18k is the low

after that

to the moon

signed zazz street
Grove

And this is why we can't have nice things.
Anonymous Coward
User ID: 71582106
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03/18/2020 04:31 PM
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Re: Dow erases all gains made since Trump took office
Now that "they" took away all the gains made under Trump it will be time to invest shoon.
AC
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03/18/2020 04:33 PM
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Re: Dow erases all gains made since Trump took office
The Dow is down almost 10,000 points since Trump tweeted "Stock Market starting to look very good to me!" and proclaimed the coronavirus to be "very much under control in the USA." That was a couple of weeks ago.

@realdonaldtrump :

"The Coronavirus is very much under control in the USA. We are in contact with everyone and all relevant countries. CDC & World Health have been working hard and very smart. Stock Market starting to look very good to me!"

[link to twitter.com (secure)]
 Quoting: Anonymous Coward 78336870


Yeah, he is kind of his own worst enemy as this stuff always comes back to bite you in ***. He should have just kept his mouth shut and said nothing at all, especially about the 'market'
Anonymous Coward
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03/18/2020 04:34 PM
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Re: Dow erases all gains made since Trump took office
You do know walstreet lossss effect the top 1% more then you. Most of the people are paycheck to paycheck don’t have money for stocks, many billionaires have become millionaire and millionaires thousandairea
 Quoting: Anonymous Coward 57977784


Wrong there are millions and millions of hard working men and women invested with their 401k. They did away with pensions years ago.
Anonymous Coward
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03/18/2020 04:37 PM
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Re: Dow erases all gains made since Trump took office
So Orange Man Socialist?
 Quoting: Anonymous Coward 77462903


And a con man and a liar and a wanna be dictator.......
Anonymous Coward
User ID: 71582106
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03/18/2020 04:37 PM
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Re: Dow erases all gains made since Trump took office
It's beginning to look like the smartest thing I ever did was move my entire 401K to the stable value fund on Feb 3rd. It's appreciated by $3K since then.
 Quoting: Anonymous Cowlick


Good move. I did the same about 3 weeks ago.I am down 10 percent in my 401
Anonymous Coward
User ID: 78264884
Australia
03/18/2020 04:54 PM
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Re: Dow erases all gains made since Trump took office
While the outbreak was exploding from China, the free shit Democrats were in a war trying to kick Trump out of office and instead of Trump having his eye on the ball checking out any threats, his mind was fully distracted trying to save his back from impeachment.

While the nothing burger impeachment filled the minds of many as a major distraction, they were asleep at the wheel trying to save their jobs so when a real threat to nation security finally crept up and bit them on the back, they were not ready.

But the lefty don't care about real events, they would rather waste time and money on bullshit filling the news to spread fear and hate while the bad guys pull off real attacks and deadly conspiracies weaponizing anything they can and again the poor saps on main street will have to suck it up and look to socialism style handouts to keep their stuff being redistributed to the growing free shit army, who the globalists love to put first....5aburnitrant
White_Hat

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03/18/2020 04:55 PM
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Re: Dow erases all gains made since Trump took office
Yes, and according to CNN - its all his fault...
"The cowards never start and the weak die along the way"
Anonymous Coward
User ID: 78647670
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03/18/2020 04:56 PM
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Re: Dow erases all gains made since Trump took office
Looking like the trp train to hell.

He's selling us out faster than FDR
Anonymous Coward
User ID: 77965784
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03/18/2020 04:57 PM
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Re: Dow erases all gains made since Trump took office
Lol. Remember when hitting 10k on the market was considered alien territory? Lol
Anonymous Coward
User ID: 78537041
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03/18/2020 04:58 PM
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Re: Dow erases all gains made since Trump took office
a lot of those gains all went to the 1%

SO i'M NOT WORRIED
 Quoting: Anonymous Coward 77215656


No, no they didn't. My 401k was looking very good and continually gaining. It was just pretty much stalemated under Obama.
Anonymous Coward
User ID: 78537041
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03/18/2020 04:59 PM
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Re: Dow erases all gains made since Trump took office
Lol. Remember when hitting 10k on the market was considered alien territory? Lol
 Quoting: Anonymous Coward 77965784

I'll do better.
Remember when a 10 pt gain was a good day for the market?
Anonymous Coward
User ID: 78537041
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03/18/2020 05:01 PM
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Re: Dow erases all gains made since Trump took office
17-18k is the low

after that

to the moon

signed zazz street
 Quoting: Grove Street


Nah. I've said it's been inflating rapidly since 9k. Except for the deflation in 2008.

I can see 9k for bottom unless China starts outputting.
Anonymous Coward
User ID: 78144644
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03/18/2020 05:01 PM
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Re: Dow erases all gains made since Trump took office
a lot of those gains all went to the 1%

SO i'M NOT WORRIED
 Quoting: Anonymous Coward 77215656


hesright

but they're the ones fleecing everyone right now too
Callin

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03/18/2020 05:02 PM
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Re: Dow erases all gains made since Trump took office
It's beginning to look like the smartest thing I ever did was move my entire 401K to the stable value fund on Feb 3rd. It's appreciated by $3K since then.
 Quoting: Anonymous Cowlick


Smartest thing I ever did was never have a 401k in the first place.
 Quoting: Anonymous Coward 78647124


You don't like your employer giving you an extra 3%-8% per year?

To each their own, I guess...
The further a society drifts from the truth, the more it will hate those that speak it - Orwell

If you’re backed by Hollywood, social media, the government, and practically the entire globalist system, you are not the resistance -- you're part of the problem
Anonymous Coward
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03/18/2020 05:03 PM
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Re: Dow erases all gains made since Trump took office
The Dow is now below 19,800 -- meaning it has dropped since Trump took office. All of his gains are gone and then some.
 Quoting: Anonymous Coward 78317359


And the average TV spoon-fed idiot doesn't have a clue that this is all a Globalist power grab and take-down of Trump, when nothing else worked.
Anonymous Coward
User ID: 78144644
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03/18/2020 05:05 PM
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Re: Dow erases all gains made since Trump took office
These punks manipulate the prices up right before the 401K funds are set to go in from the private sector, then dump their shit to the 401K purchases at every peak. Then the 401Ks get fleeced again.

In fact, 401Ks were invented precisely to move more money from the citizenry into the hands of the elite. They were invented to pro the market and then get looted by the elite That's also why they bring interest rates down so low ... to entice suckers making 0% at the bank to take a gamble on stocks.

We've been getting robbed for decades.
Callin

User ID: 78551315
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03/18/2020 05:06 PM
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Re: Dow erases all gains made since Trump took office
You do know walstreet lossss effect the top 1% more then you. Most of the people are paycheck to paycheck don’t have money for stocks, many billionaires have become millionaire and millionaires thousandairea
 Quoting: Anonymous Coward 57977784


Wrong there are millions and millions of hard working men and women invested with their 401k. They did away with pensions years ago.
 Quoting: Anonymous Coward 71582106


Remember you're talking with a bunch of people that don't have 2 nickels to rub together.

All of their money goes to weed, booze, and the $5 hooker on the corner.

And also remember....It's everyone else's fault they don't have any money.
The further a society drifts from the truth, the more it will hate those that speak it - Orwell

If you’re backed by Hollywood, social media, the government, and practically the entire globalist system, you are not the resistance -- you're part of the problem
Anonymous Coward
User ID: 75465831
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03/18/2020 05:13 PM
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Re: Dow erases all gains made since Trump took office
Deep State willing to kill millions of people in order to stop Trump 2020
 Quoting: SilverCyprus


hesright
Anonymous Coward
User ID: 78647124
United States
03/18/2020 05:17 PM
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Re: Dow erases all gains made since Trump took office
It's beginning to look like the smartest thing I ever did was move my entire 401K to the stable value fund on Feb 3rd. It's appreciated by $3K since then.
 Quoting: Anonymous Cowlick


Smartest thing I ever did was never have a 401k in the first place.
 Quoting: Anonymous Coward 78647124


You don't like your employer giving you an extra 3%-8% per year?

To each their own, I guess...
 Quoting: Callin


No, because the stock market is nothing more than a Casino. If i am going to play the Casino, I'm taking my money to an actual Casino.
Anonymous Coward
User ID: 78647124
United States
03/18/2020 05:18 PM
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Re: Dow erases all gains made since Trump took office
You do know walstreet lossss effect the top 1% more then you. Most of the people are paycheck to paycheck don’t have money for stocks, many billionaires have become millionaire and millionaires thousandairea
 Quoting: Anonymous Coward 57977784


Wrong there are millions and millions of hard working men and women invested with their 401k. They did away with pensions years ago.
 Quoting: Anonymous Coward 71582106


I got a Railroad Pension and a Military Pension.
Anonymous Coward
User ID: 75658817
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03/18/2020 05:21 PM
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Re: Dow erases all gains made since Trump took office
Bill Maher must be really happy, for those with twitter accounts please thank him for me, in August of 2019 he said “I’m hopping for a Crashing economy”. Well his wishes have been granted along with the thousands of deaths. I hope he is happy, because I’m not.
Callin

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03/18/2020 05:28 PM
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Re: Dow erases all gains made since Trump took office
It's beginning to look like the smartest thing I ever did was move my entire 401K to the stable value fund on Feb 3rd. It's appreciated by $3K since then.
 Quoting: Anonymous Cowlick


Smartest thing I ever did was never have a 401k in the first place.
 Quoting: Anonymous Coward 78647124


You don't like your employer giving you an extra 3%-8% per year?

To each their own, I guess...
 Quoting: Callin


No, because the stock market is nothing more than a Casino. If i am going to play the Casino, I'm taking my money to an actual Casino.
 Quoting: Anonymous Coward 78647124


Uh, it's an extra (above and beyond what's in your paycheck) % that's given to you free of charge.

Why would you turn down free money offered by your employer?

You can take that money and keep it in a money market fund giving you 1.25%-2.00% per year if you don't want to invest in the market.
The further a society drifts from the truth, the more it will hate those that speak it - Orwell

If you’re backed by Hollywood, social media, the government, and practically the entire globalist system, you are not the resistance -- you're part of the problem
REBEL ROUSER

User ID: 78609537
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03/18/2020 05:31 PM
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Re: Dow erases all gains made since Trump took office
It was 18,589.69 the day after the election

That's when they knew things were looking up and Obama was gone
.
.
NOTHING EVER STAYS THE SAME
Anonymous Coward
User ID: 78647124
United States
03/18/2020 05:37 PM
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Re: Dow erases all gains made since Trump took office
...


Smartest thing I ever did was never have a 401k in the first place.
 Quoting: Anonymous Coward 78647124


You don't like your employer giving you an extra 3%-8% per year?

To each their own, I guess...
 Quoting: Callin


No, because the stock market is nothing more than a Casino. If i am going to play the Casino, I'm taking my money to an actual Casino.
 Quoting: Anonymous Coward 78647124


Uh, it's an extra (above and beyond what's in your paycheck) % that's given to you free of charge.

Why would you turn down free money offered by your employer?

You can take that money and keep it in a money market fund giving you 1.25%-2.00% per year if you don't want to invest in the market.
 Quoting: Callin


Can all be wiped out in an instant, years later. It's a risk I'm not willing to take.
Callin

User ID: 78551315
United States
03/18/2020 05:48 PM
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Re: Dow erases all gains made since Trump took office
...


You don't like your employer giving you an extra 3%-8% per year?

To each their own, I guess...
 Quoting: Callin


No, because the stock market is nothing more than a Casino. If i am going to play the Casino, I'm taking my money to an actual Casino.
 Quoting: Anonymous Coward 78647124


Uh, it's an extra (above and beyond what's in your paycheck) % that's given to you free of charge.

Why would you turn down free money offered by your employer?

You can take that money and keep it in a money market fund giving you 1.25%-2.00% per year if you don't want to invest in the market.
 Quoting: Callin


Can all be wiped out in an instant, years later. It's a risk I'm not willing to take.
 Quoting: Anonymous Coward 78647124


I don't think you understand...I'll simplify it for you.


Let's pretend that I will deposit in a savings account $50 per week for you....completely at my expense (costs you nothing)

Let's pretend I did that that for 1 year, so you now have $2600 in that savings account and that's cost you nothing, nada, zero, zilch.

Let's pretend that after 1 year, the bank goes bust...just completely up and disappears, taking the $2600 that I deposited for you with it.

How much have you lost?


Hint: $0.00


You haven't lost anything, because you didn't invest anything, I did on your behalf out of my own pocket.

Making sense now, Mr. Buffett?
The further a society drifts from the truth, the more it will hate those that speak it - Orwell

If you’re backed by Hollywood, social media, the government, and practically the entire globalist system, you are not the resistance -- you're part of the problem
TheScott

User ID: 68861478
United States
03/18/2020 06:30 PM
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Re: Dow erases all gains made since Trump took office
Sure, it's President Trump's fault we caught a virus. His early actions were called too much and racist and xenophobic. New measures called not enough.

We'll get over this. Like we always do. Buy some cheap stocks. Wait for the US automakers to completely crash in the coming day(s) - End up with a pile of cash when this is over. This is the time when smart folks make money. When people are panic selling -buy.
Anonymous Coward
User ID: 77555432
United States
03/18/2020 06:51 PM
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Re: Dow erases all gains made since Trump took office
yeah in one month lost $400 on my silver gonna dump tomorow bfore it reacws quartet ounce one thing i am sure of some speculaters gonna make ton o dough dam sure it aint me follow the money trail
JoeyZ

User ID: 78554467
United States
03/18/2020 06:52 PM

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Re: Dow erases all gains made since Trump took office
What we all thought going into the 2016 election, was that the market was going to crash ..and w picked the right person to see that it would not ..

yoda
Joeyz
Anonymous Coward
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03/18/2020 06:53 PM
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Re: Dow erases all gains made since Trump took office
It's beginning to look like the smartest thing I ever did was move my entire 401K to the stable value fund on Feb 3rd. It's appreciated by $3K since then.
 Quoting: Anonymous Cowlick


Good move. I did the same about 3 weeks ago.I am down 10 percent in my 401
 Quoting: Anonymous Coward 71582106


When inflation hits - it's gone.





GLP