Dow erases all gains made since Trump took office | |
Grove Street
User ID: 77822692 United States 03/18/2020 04:23 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 71582106 United States 03/18/2020 04:31 PM Report Abusive Post Report Copyright Violation | |
AC User ID: 30148669 United States 03/18/2020 04:33 PM Report Abusive Post Report Copyright Violation | 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. Quoting: Anonymous Coward 78336870 @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)] 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 User ID: 71582106 United States 03/18/2020 04:34 PM Report Abusive Post Report Copyright Violation | 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 User ID: 76263265 United States 03/18/2020 04:37 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 71582106 United States 03/18/2020 04:37 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78264884 Australia 03/18/2020 04:54 PM Report Abusive Post Report Copyright Violation | 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.... |
White_Hat
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Callin
User ID: 78551315 United States 03/18/2020 05:02 PM Report Abusive Post Report Copyright Violation | 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. 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 User ID: 78572476 United States 03/18/2020 05:03 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78144644 United States 03/18/2020 05:05 PM Report Abusive Post Report Copyright Violation | 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 United States 03/18/2020 05:06 PM Report Abusive Post Report Copyright Violation | 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. 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 United States 03/18/2020 05:13 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78647124 United States 03/18/2020 05:17 PM Report Abusive Post Report Copyright Violation | 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. You don't like your employer giving you an extra 3%-8% per year? To each their own, I guess... 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 Report Abusive Post Report Copyright Violation | 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. I got a Railroad Pension and a Military Pension. |
Anonymous Coward User ID: 75658817 United States 03/18/2020 05:21 PM Report Abusive Post Report Copyright Violation | 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
User ID: 78551315 United States 03/18/2020 05:28 PM Report Abusive Post Report Copyright Violation | 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. You don't like your employer giving you an extra 3%-8% per year? To each their own, I guess... 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. 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
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Anonymous Coward User ID: 78647124 United States 03/18/2020 05:37 PM Report Abusive Post Report Copyright Violation | ... Quoting: Anonymous Coward 78647124 Smartest thing I ever did was never have a 401k in the first place. You don't like your employer giving you an extra 3%-8% per year? To each their own, I guess... 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. 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. 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 Report Abusive Post Report Copyright Violation | ... Quoting: Callin You don't like your employer giving you an extra 3%-8% per year? To each their own, I guess... 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. 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. Can all be wiped out in an instant, years later. It's a risk I'm not willing to take. 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 Report Abusive Post Report Copyright Violation | 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 Report Abusive Post Report Copyright Violation | |
JoeyZ
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Anonymous Coward User ID: 72603179 United States 03/18/2020 06:53 PM Report Abusive Post Report Copyright Violation | 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 When inflation hits - it's gone. |