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I don't even look at the market most days. What's the point? I am not going to do anything if it goes down, or goes up either for that matter. Our portfolio was put together with the idea that the market will go up and down. All that matters to me is whether I have enough money to make a withdrawal every quarter.
@ the start you want the mkt to go down. EVER heard of buy low and sell high.
Too many people sell low and buy high. I hear on radio shows people who sold in the downturn AND took large losses still waiting for the right time to buy.
buy high and sell higher has made far more money for investors . the most money has been lost trying to buy low and sell high .
no one ever know's where low is . it is like trying to catch a falling knife . we thought low was in 2008 when we fell 1500 points . well we fell 4000 more and it sent many who tried to time those buys running for the exits .
200 bucks ? lol . we have seen 35-40k swings in one session . watching a few years of my wife's salary move up and down in a day is mind blowing .
Yea, Wondering if I should Dump my SPXU on Monday sitting on a nice gain. (But not much of a price spread).
CitiBank analyst expect a 5% drop in the S&P if Trump gets elected. And (I think) a 2-3% Gain if Clinton gets it. But there "Predictions" were from September. The FBI last friday made S&P drop.
Since I (Retired???, Well, not working after getting outsourced) been doing alot more trading. Seeing the thousands of dollars go up/down in a session is hard to get a grip on. But the "Swing" trading is something I could not do while I was @ work, Can't watch the market on a minute by minute basis.
But it does sometimes freq's me out, when i see the number and the CapGain/Loss report in Quicken the amount of money/volume flowing in/out/around my accounts.
The next real concern for potential market volatility would be the December Fed meeting/ decision on interest rates.
In my opinion if Trump wins the election the market could advance on potential tax lowering policies/ if Clinton wins the market could advance on more of the same ol' same 'ol. Or the market could tank with either candidate elected as they are both significantly scary individuals to have in office to could cause international issue, internal issues etc. etc.
The next real concern for potential market volatility would be the December Fed meeting/ decision on interest rates.
In my opinion if Trump wins the election the market could advance on potential tax lowering policies/ if Clinton wins the market could advance on more of the same ol' same 'ol. Or the market could tank with either candidate elected as they are both significantly scary individuals to have in office to could cause international issue, internal issues etc. etc.
No chance of that happening. We have seen it already. As soon as the news came out that Clinton was being probed again, the market immiedietly went negative. A trade war is he last thing wall street wants, it's why Clinton has recieved tens of millions from wall street, while trump got about $20,000?
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