Are these Wall St. maniacs intent on re-enacting the 1928-1929 How to Bring on a Great Depression play book?
Dodd-Frank is not being enforced (obviously) and the ‘no regulations are the best regulations’ Financial Choice Act passed by the GOP House last year is being used as a guide — despite lack of Senate approval.
No worries, I’m sure the GOP is right — Wall St. would never do anything that would hurt us. s/
Sounds like the Deep State will not stop at anything to get rid of Trump. There is no reason whatsoever for the sudden drop. This has Soros’ fingerprints all over it. Screw the people with their retirement savings, they say. The swamp is very deep indeed. Justice, I pray, will prevail. Dems cannot stand to see Americans getting jobs & seeing their savings grow.
So, it went down 1100 points yesterday, back up half way today.
The moronic half wits in the media think that this is a big deal. Investment in the stock market is a long term deal. The market has averaged an 11.8% return per annum over time.
It went down, and then it goes back up. Just keep on trucking. A financial advisor will tell you this. Alas, that would not fit a particular narrative that some are pushing.
Bull’s make money, Bears make money…Sheep get sheared. The best way to invest is to buy mutual funds that have a good record of tracking the market, but without the large swings. Think Magellan Fund. Have all dividends and capital gains reinvested in the fund. Pick five or six and replace any that start to not keep up. Put more money in the funds from each paycheck. Pretax if you can(just remember you’ll get a big tax hit if you take it out before retiring). Do that for 40 yrs and you will be wealthy.
Bull’s make money, Bears make money…Sheep get sheared. The best way to invest is to buy mutual funds that have a good record of tracking the market, but without the large swings. Think Magellan Fund. Have all dividends and capital gains reinvested in the fund. Pick five or six and replace any that start to not keep up. Put more money in the funds from each paycheck. Pretax if you can(just remember you’ll get a big tax hit if you take it out before retiring). Do that for 40 yrs and you will be wealthy.
Ontman over 6 years ago
Only the rising tide of people that think the president is a dork.
Radish the wordsmith over 6 years ago
The tide is going out and the Republican swamp stinks to high heaven.
Guy Fawkes over 6 years ago
What the…
Are these Wall St. maniacs intent on re-enacting the 1928-1929 How to Bring on a Great Depression play book?
Dodd-Frank is not being enforced (obviously) and the ‘no regulations are the best regulations’ Financial Choice Act passed by the GOP House last year is being used as a guide — despite lack of Senate approval.
No worries, I’m sure the GOP is right — Wall St. would never do anything that would hurt us. s/
starcandles Premium Member over 6 years ago
Sounds like the Deep State will not stop at anything to get rid of Trump. There is no reason whatsoever for the sudden drop. This has Soros’ fingerprints all over it. Screw the people with their retirement savings, they say. The swamp is very deep indeed. Justice, I pray, will prevail. Dems cannot stand to see Americans getting jobs & seeing their savings grow.
Vidrinath Premium Member over 6 years ago
Kelley, isn’t your “chosen one” Trump going to fix everything? Isn’t this part of his “5D chess?”
Mr. Blawt over 6 years ago
1,175.14 point drop for the Dow in one-day! We have NEVER had 1,175.14 point drop in the Dow in one day. Wow!
LenSatic over 6 years ago
Yeah, 5%. The sky is falling.
Radish the wordsmith over 6 years ago
The market fluctuations show that it is unstable.
Radish the wordsmith over 6 years ago
Did you know that Soros loaned Trump money?
Radish the wordsmith over 6 years ago
And perhaps the people who were going to crash the economy under Hillary have decided they have had enough of Trump and his anti-American ways.
"It's the End of the World!!!" Premium Member over 6 years ago
So, it went down 1100 points yesterday, back up half way today.
The moronic half wits in the media think that this is a big deal. Investment in the stock market is a long term deal. The market has averaged an 11.8% return per annum over time.
It went down, and then it goes back up. Just keep on trucking. A financial advisor will tell you this. Alas, that would not fit a particular narrative that some are pushing.
mauser7 over 6 years ago
Bull’s make money, Bears make money…Sheep get sheared. The best way to invest is to buy mutual funds that have a good record of tracking the market, but without the large swings. Think Magellan Fund. Have all dividends and capital gains reinvested in the fund. Pick five or six and replace any that start to not keep up. Put more money in the funds from each paycheck. Pretax if you can(just remember you’ll get a big tax hit if you take it out before retiring). Do that for 40 yrs and you will be wealthy.
mauser7 over 6 years ago
Bull’s make money, Bears make money…Sheep get sheared. The best way to invest is to buy mutual funds that have a good record of tracking the market, but without the large swings. Think Magellan Fund. Have all dividends and capital gains reinvested in the fund. Pick five or six and replace any that start to not keep up. Put more money in the funds from each paycheck. Pretax if you can(just remember you’ll get a big tax hit if you take it out before retiring). Do that for 40 yrs and you will be wealthy.