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Old 12-23-2016, 05:40 PM
 
Location: Albuquerque NM
1,670 posts, read 1,537,994 times
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Quote:
Originally Posted by Escort Rider View Post
Your post caused me to go back and reread the original post, which was about equity investments doing well recently. There was no politics in it, except those which you chose to drag in by a strange interpretation.
Disagree. Although subtle, the original post was full of politics even to the point of suggesting that we should be grateful for our good fortune. Gratitude implies that you are indebted to something or someone for all the good in your life. And I am definitely not grateful for what is driving this stock market rally.
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Old 12-23-2016, 05:48 PM
 
Location: Los Angeles area
14,018 posts, read 17,792,060 times
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Quote:
Originally Posted by ABQ2015 View Post
Disagree. Although subtle, the original post was full of politics even to the point of suggesting that we should be grateful for our good fortune. Gratitude implies that you are indebted to something or someone for all the good in your life. And I am definitely not grateful for what is driving this stock market rally.
The original post did not discuss what might be driving this stock market rally. You are free to do so, but at least admit that you are the one introducing politics, not the original poster. One can feel gratitude without feeling indebted to "something or someone". It can be gratitude for pure dumb luck.
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Old 12-23-2016, 06:14 PM
 
29,906 posts, read 34,965,886 times
Reputation: 11812
Quote:
Originally Posted by Escort Rider View Post
The original post did not discuss what might be driving this stock market rally. You are free to do so, but at least admit that you are the one introducing politics, not the original poster. One can feel gratitude without feeling indebted to "something or someone". It can be gratitude for pure dumb luck.
Yes, yes and yes. You can also feel grateful for something happening without giving two hoots as to why.

You know ER back in the day when you were teaching you made decisions everyday that often had sorta to fairly significant outcomes. Just coming out of your classroom and walking down the hall way had outcomes some good, some perhaps not and others of no consequence. You probably never analyzed why you turned down a certain hall way or left why you did and ended up in the middle of having to deal with something.

Does the college student who goes in the library sits at a table and later a young lady sits down who he never met before and they eventually marry. Do they spend their lives analyzing why they sat at that table. My OP point was that regardless of the reason the market up tick was appreciated. Especially since many were calling for just the opposite prior to election day if the actual outcome occurred. Hey futures were down 900 points election night and people were expecting a Wednesday morning bloodbath. Not sure about some posters in this forum but this guy was sure happy the opposite happened.

I wonder sometimes if people are disappointed and sorta angry things didn't turn out horrible with the markets.

I will say it again I have learned not to let ideology cloud or influence my decision making. I have in life found that to be in my best interest or appreciation when fortune occurs.

Yes if I hit the state lottery I don't care who the governor is or what their party is.
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Old 12-23-2016, 06:47 PM
 
3,177 posts, read 1,743,894 times
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Quote:
Originally Posted by Escort Rider View Post
Your post caused me to go back and reread the original post, which was about equity investments doing well recently. There was no politics in it, except those which you chose to drag in by a strange interpretation.
I simply quoted the exact words from the post which is simply drawn from the Republican platform. These are not ideas that everyone agrees as the best things for the most Americans other than the top 10%
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Old 12-23-2016, 07:07 PM
 
3,177 posts, read 1,743,894 times
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Escort Rider, you are right, the first post is not political. Please check my post #85 in this thread.
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Old 12-23-2016, 07:17 PM
 
Location: SoCal
13,444 posts, read 6,433,987 times
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All the talking heads on CNBC have been saying exactly that. I'm sure they are pro Hilary before the election.
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Old 12-23-2016, 07:21 PM
 
29,906 posts, read 34,965,886 times
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Quote:
Originally Posted by cb2008 View Post
I thought you did not want politics in this thread but the above is politics. cutting back regulations and compliance may be good for the market but not for people. Business and commerce is not people.

The market that goes up can also crash. so elation over it is only an illusion of wealth.
Regulations impact business and have the same impact on a small business owner regardless of their political party. Just like tax policy impacts us regardless of political party. Recognizing the consequences good or bad of compliance isn't political but economics. Just like learning and understanding the principles of investments doesn't make you political. You could become a Bogglehead and appreciate why your investing habits are good or bad without the need to embrace a political platform. Please reread my post 12 which you are quoting and realize what you are quoting is a response to a question that was asked as to why the market was going up for better or worse. I did add at the bottom that most of us are investing to make money. I am not sure how many Bogleheads are out there investing for social change. If you want a portfolio that embraces more positive investments in terms of their impact on people then you better get out of the index funds you are embracing as they invest in it all depending on the type of index. Got a S&P 500 or a total market or a small cap index? You are with big and small oil etc etc. You do realize that right? You are also investing in Pharm and a lot of other industries you say you have problems with.

Last edited by TuborgP; 12-23-2016 at 07:44 PM..
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Old 12-23-2016, 07:39 PM
 
Location: Los Angeles area
14,018 posts, read 17,792,060 times
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Quote:
Originally Posted by cb2008 View Post
Escort Rider, you are right, the first post is not political. Please check my post #85 in this thread.
I was just about to post with the suggestion that we were not talking about the same post. No wonder we were talking past each other.
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Old 12-24-2016, 09:03 AM
mlb
 
Location: North Monterey County
3,218 posts, read 2,876,748 times
Reputation: 4931
Speaking of what to be grateful for......

I have an elderly aunt - (89) who never had children, was a kindergarten teacher all of her career.... and when my mother passed away over 2 years ago - our attention was turned to her as the next to go and we all wanted to make certain she was in the right place and protected.

Long story short - my siblings and cousin moved on her to leave her condo in Milwaukee (not easy for her to do) and move to assisted living as her memory was goinggoinggone....and we knew the downhill slide was coming.... She was resistant at every move.

My cousin who lived closest to her took on the larger job of daily monitoring and doc appointments and answering to her DAILY calls for help. Damn near killed her... but we all responded with support and advice - as much as we could from a distance.

Cousin was unfailing in her efforts .... but had to move my aunt closer to her as it just became impossible at a distance. We helped her get a CNA who comes in 3-4 days a week to do the heavy lifting and just be there for my aunt.

Those of us at a distance chipped in for a gift for that cousin (large bar tab at a restaurant of her choice) this Xmas as we know it's not been easy handling the elder aunt.

Another concern was the elder aunts finances.... she got a teacher's pension from the State of Wisconsin and had savings but we were not on the inside of the care and feeding of her finances so we were all pleasantly surprised when cousin announced that elder aunt had enough money for at least 10 years of expensive care and feeding.

We all got cash gifts (financial planner told her it was time to gift before taxes) this holiday. Unexpected and heartwarming.

There are humane shelters in Wisconsin, California and Utah that will benefit from these gifts.....as many of us are A-OK in our own finances and it was her wish - if we didn't need it to share it with those who did.

For this I am truly grateful.

Happy Holidays to all..... and may your worries be little this coming New Year.
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Old 12-24-2016, 09:43 AM
 
Location: Near a river
16,042 posts, read 19,031,274 times
Reputation: 15649
Quote:
Originally Posted by BellaDL View Post
I disagree. It is very much on topic.

Not all people have much to thank for the last month. Some may think that many things are going down the toilet ;-)
I believe the OP was talking to those who have done well in the market, so I was surprised to open the thread and read about toilet paper. Toilet as a metaphor, yes.
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