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Old 01-06-2018, 10:00 AM
 
Location: San Francisco, CA
15,088 posts, read 13,456,732 times
Reputation: 14266

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Quote:
Originally Posted by phma View Post
President Trump is absolutely the greatest on the economy. Dow breaks 25,000

They say it still has room to run !!!!

Go ahead 401K make my day !!!
Every time you guys **** yourselves about the stock market, you show what easily misled sheeple you are. I remember when we had seven years of big market growth during Obama and everyone poo-pooed it..remember that?

Oh, and here's your dumbass saying it's all a bubble back in '16. Was yesterday lying then or is he lying now?

Donald Trump on Stock Market: It's all a Big Bubble

 
Old 01-06-2018, 10:10 AM
 
34,300 posts, read 15,664,869 times
Reputation: 13053
Quote:
Originally Posted by LearnMe View Post
Where do you go and what do you do on the days when you do lose money in the stock market? Do you crow then too?
I don't have those kinds of days anymore.
I used too, years ago when I was new and learning about investing.

I found my risk tolerance and what works for me. It won't fit other people with different situations.
I'm not really interested in what works for anyone else or in giving financial advice.

I have made a habit of every year skimming the profit of the top and taking it out of the market.
I leave the nut in and let it run. The profits have exceeded the amount of the nut.

I will never be in a position of losing my original investment.
Everyday is an up day even when the market drops. That's the way I look at it.

Others might look at it differently. I'm not effected by their views because its not their money.

In the early days I thought, like many, I could time the market.
I was wrong. Now I time my investment. That has worked for me.
 
Old 01-06-2018, 10:13 AM
 
Location: Long Island (chief in S Farmingdale)
22,193 posts, read 19,473,387 times
Reputation: 5305
Quote:
Originally Posted by phma View Post
President Trump is absolutely the greatest on the economy. Dow breaks 25,000

They say it still has room to run !!!!

Go ahead 401K make my day !!!
Dow is up 27.73% since Trump took office, similar, but down slightly from being up 28.22% at the same time period of Obama's Presidency.
 
Old 01-06-2018, 10:38 AM
 
29,552 posts, read 9,733,904 times
Reputation: 3473
Quote:
Originally Posted by phma View Post
I don't have those kinds of days anymore.
I used too, years ago when I was new and learning about investing.

I found my risk tolerance and what works for me. It won't fit other people with different situations.
I'm not really interested in what works for anyone else or in giving financial advice.

I have made a habit of every year skimming the profit of the top and taking it out of the market.
I leave the nut in and let it run. The profits have exceeded the amount of the nut.

I will never be in a position of losing my original investment.
Everyday is an up day even when the market drops. That's the way I look at it.

Others might look at it differently. I'm not effected by their views because its not their money.

In the early days I thought, like many, I could time the market.
I was wrong. Now I time my investment. That has worked for me.
Not really my question, and I've really got to sign off now, but until later...

I used to be a much more "active" investor in the stock market as well, and I've done well enough to be comfortably retired now after many years of investing in one thing or another. I'm glad to see my retirement account continues to grow even as I draw from it to pay our living expenses on a monthly basis. A nice feeling, but none of that can I credit Trump as you seem to do.

You've done a fair amount of "crowing" because the stock market is up right now, additionally it seems you think Trump is due credit for that. I was curious what do you do and where do you go when the market isn't going up?

Do you find other ways to credit Trump for other things instead? Or is your cause/effect analysis a bit off?

I'm thinking the latter...
 
Old 01-06-2018, 11:23 AM
 
Location: NE Mississippi
25,583 posts, read 17,304,861 times
Reputation: 37355
Quote:
Originally Posted by gladhands View Post
Where are you this enthusiastic when the market was soaring under Obama, or was that fake news?
Recovering. The stock market was recovering, not soaring.

And no, we did not celebrate given the fact that the food stamp program was out performing the stock market, illegals flooded our country, and black unemployment fluctuated between 10% and 17%.

Now, with The Dow in new territory and black unemployment at a never before seen low, we are celebrating while we pay happily taxes on our capital gains.
 
Old 01-06-2018, 11:27 AM
 
34,067 posts, read 17,096,341 times
Reputation: 17215
Quote:
Originally Posted by Smash255 View Post
Dow is up 27.73% since Trump took office, similar, but down slightly from being up 28.22% at the same time period of Obama's Presidency.
Took BO > 1 year to have a DJ = January, 2008 DJ.(That was simply a rebound to the norm.)

This time we are talking a POTUS with a record DJ , by thousands of points, past where it ever was.
 
Old 01-06-2018, 11:35 AM
 
34,300 posts, read 15,664,869 times
Reputation: 13053
Quote:
Originally Posted by LearnMe View Post
Not really my question, and I've really got to sign off now, but until later...

I used to be a much more "active" investor in the stock market as well, and I've done well enough to be comfortably retired now after many years of investing in one thing or another. I'm glad to see my retirement account continues to grow even as I draw from it to pay our living expenses on a monthly basis. A nice feeling, but none of that can I credit Trump as you seem to do.

You've done a fair amount of "crowing" because the stock market is up right now, additionally it seems you think Trump is due credit for that. I was curious what do you do and where do you go when the market isn't going up?

Do you find other ways to credit Trump for other things instead? Or is your cause/effect analysis a bit off?

I'm thinking the latter...
Your questions have little to do with the market but are more political.
You seem to take issue with my politics and who I support. That's fine.

I'm not a socialist or communist nor do I stand in the shade of them with terms like liberal or progressive or any other combination of bull crap. I don't wave the Mexican flag. I don't support giving money to terrorists or giving concessions to Cuba or So. American Dictators or Iranian religious fanatics, with nothing in return.

I don't support apologizing for America or appeasement in foreign policy.
I'm against weakening the country and making it less as a means to make it better. I'm against transforming the country through anarchy as an means to remodel it into some leftist utopia, based on a failed fantasy, that has never been successful or prosperous.
I support border security and it includes a wall and the idea that citizens should have more rights than non citizens and all politicians should support that too, IMO, because no country will survive without the trust of the citizen.

The rooster crows at the first light of sunup. Its been that way all my life. If people don't like it they can stay in bed or genocide the rooster. I wouldn't have gotten out of bed to vote for anyone in the GOP until Trump ran with the agenda I liked. Is that clear ?
 
Old 01-06-2018, 12:02 PM
 
Location: Long Island (chief in S Farmingdale)
22,193 posts, read 19,473,387 times
Reputation: 5305
Quote:
Originally Posted by BobNJ1960 View Post
Took BO > 1 year to have a DJ = January, 2008 DJ.(That was simply a rebound to the norm.)

This time we are talking a POTUS with a record DJ , by thousands of points, past where it ever was.
Trump took over during a booming market, in which records were being set before he took office. Obama took over during a crashing market. Yet despite that at the same point during their Presidency the market was up more under Obama than Trump (albeit slightly)
 
Old 01-06-2018, 12:33 PM
 
14,798 posts, read 17,700,727 times
Reputation: 9251
Bubblicious market. Smart money will exit.
 
Old 01-06-2018, 12:37 PM
 
34,067 posts, read 17,096,341 times
Reputation: 17215
Quote:
Originally Posted by Smash255 View Post
Trump took over during a booming market, in which records were being set before he took office.
Wrong. DJ was moving at the margins pre Trump. We were less than 40% above the W highest DJ on 01-20-2017.

DJ hit 13k at peak under W.

DJ hit 17k at peak under BO, in 8 years. Economy was good in 2016, not booming. No much business investment of magnitude vs prior POTUS eras.

Now we went up 8k past highest BO point in one year
.

MAGA
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