The S&P 500 is having its worst year so far in six decades.

[Shooter McGavin 589]

16 minutes ago, edjr said:

I honestly had no idea what I was doing, but god did I get lucky when I sold more than 1/2 my portfolio at the start of august and put it into my online savings. Made $75 the 1st month. That is like stealing in this market.

 

You lost money due to inflation 

[edjr 5,546]

5 minutes ago, Shooter McGavin said:

You lost money due to inflation 

Losing 25 to 50% would have been the better option? I will buy back when the time is right

[Shooter McGavin 589]

4 minutes ago, edjr said:

Losing 25 to 50% would have been the better option? I will buy back when the time is right

Didn't say that, just pointing out that having money in savings right now isn't great either.

I sold a ton in May and have been waiting to get back in since, which I think is soon, next week or two.

[edjr 5,546]

Just now, Shooter McGavin said:

Didn't say that, just pointing out that having money in savings right now isn't great either.

I sold a ton in May and have been waiting to get back in since, which I think is soon, next week or two.

was thinking longer.. I really dont know what Im doing though

[Shooter McGavin 589]

1 minute ago, edjr said:

was thinking longer.. I really dont know what Im doing though

It depends on when you need the money.  If it's within the next year, stay out.  Longer term, put some back.

[edjr 5,546]

Just now, Shooter McGavin said:

It depends on when you need the money.  If it's within the next year, stay out.  Longer term, put some back.

I only took half.. Plenty in there now getting raped

[easilyscan 553]

All I know for sure is that if Trump had won the last election, with everything that's going on now (inflation, markets cratering, supply chain disruptions, etc) the media would be screaming bloody murder 24/7

 

[listen2me 23 1,529]

9 minutes ago, easilyscan said:

All I know for sure is that if Trump had won the last election, with everything that's going on now (inflation, markets cratering, supply chain disruptions, etc) the media would be screaming bloody murder 24/7

 

Oh easy.  It is night and day how the media covers Biden vs how they covered Trump.  You have to be really blind to not see it.  Liberals see it though.  They just pretend lile they don't know what we are talking about.  

They throw Biden softballs daily and hr cant even make contact.   

Trump was president under All Madden mode.

They put rookie mode on fot Biden and he still can't win.

[edjr 5,546]

7 minutes ago, listen2me 23 said:

Oh easy.  It is night and day how the media covers Biden vs how they covered Trump.  You have to be really blind to not see it.  Liberals see it though.  They just pretend lile they don't know what we are talking about.  

They throw Biden softballs daily and hr cant even make contact.   

Trump was president under All Madden mode.

They put rookie mode on for Biden and he still can't win.

Rookie mode = arguing with utwat

[Reality 2,710]

Just checked my retirement, down 21% YTD. The amount of money that it showed that % represented put a pit in my stomach. 

What can you do? I throw $$ at it every 2 weeks regardless. Need a republican back in office asap tho.

 

[craftsman 1,045]

4 minutes ago, Reality said:

Just checked my retirement, down 21% YTD. The amount of money that it showed that % represented put a pit in my stomach. 

What can you do? I throw $$ at it every 2 weeks regardless. Need a republican back in office asap tho.

 

Me too. I'm down 17.5%. My company stock is down about $150 a share. And it was never a volatile stock in the least the past 15 years or so.  But I'm not selling. It will come back after a republican takes over. 

[Shooter McGavin 589]

You guys are hilarious. :

need a republican asap!!!

[Hardcore troubadour 12,576]

Just now, Shooter McGavin said:

You guys are hilarious. :

need a republican asap!!!

Hey, I know how it feels to vote for your own demise. But at least when I did it it wasn’t because of feelings. When Guilliani ran for mayor we went all out to get him in. I personally did voter registration for him. Then when it came contract time he stuck it to us. That’s why most NYPD cops from that era hate him.  Google NYPD 00336 and you’ll see what I’m talking about. But you, idiot, voted for a guy that said he was going to wreck the economy. If you couldn’t see it shame on you.  At least I was lied to. 

[craftsman 1,045]

7 minutes ago, Shooter McGavin said:

You guys are hilarious. :

need a republican asap!!!

It's only logical to vote for people who you think know how to run the country in a conservative matter. 

[Shooter McGavin 589]

12 minutes ago, craftsman said:

It's only logical to vote for people who you think know how to run the country in a conservative matter. 

When democrats occupied the White House, stocks averaged about 9.0% per year compared to 7.4% under republicans 

https://www.forbes.com/sites/mikepatton/2021/01/12/stock-performance-and-the-political-party-in-power-an-historical-look-at-the-past-75-years/

Focking idiots.  Its not as simple as D goes down, R goes up.

[Shooter McGavin 589]

17 minutes ago, Hardcore troubadour said:

Hey, I know how it feels to vote for your own demise. But at least when I did it it wasn’t because of feelings. When Guilliani ran for mayor we went all out to get him in. I personally did voter registration for him. Then when it came contract time he stuck it to us. That’s why most NYPD cops from that era hate him.  Google NYPD 00336 and you’ll see what I’m talking about. But you, idiot, voted for a guy that said he was going to wreck the economy. If you couldn’t see it shame on you.  At least I was lied to. 

I didn't vote for Biden you tool, shut up

[Hardcore troubadour 12,576]

5 minutes ago, Shooter McGavin said:

I didn't vote for Biden you tool, shut up

Well, you don’t vote for the guy who knew what he was doing and kicking ass either. Smart move. So you voted against your own prosperity.  Whatever gets you through the night.  Moron. 

[Shooter McGavin 589]

18 minutes ago, Hardcore troubadour said:

Well, you don’t vote for the guy who knew what he was doing and kicking ass either. Smart move. So you voted against your own prosperity.  Whatever gets you through the night.  Moron. 

I have no doubt that the markets would have done what they did with trump in office.  If you don't get that, you don't understand finance.  You're an uneducated security guard.  Let charles Schwab handle your savings account

[Hardcore troubadour 12,576]

Just now, Shooter McGavin said:

I have no doubt that the markets would have done what they did with trump in office.  If you don't get that, you don't understand finance.  You're an uneducated security guard.  Let charles Schwab handle your savings account

Really? I had a clue things would nosedive when he said he would get rid of fossil fuels. Then on day one he put it in motion. So I got at least part of the equation right. What parts did you get right? Looks like none. 

[TimHauck 1,790]

1 hour ago, easilyscan said:

All I know for sure is that if Trump had won the last election, with everything that's going on now (inflation, markets cratering, supply chain disruptions, etc) the media would be screaming bloody murder 24/7

 

So you agree much of the same stuff would probably still be going on?

[craftsman 1,045]

32 minutes ago, Shooter McGavin said:

When democrats occupied the White House, stocks averaged about 9.0% per year compared to 7.4% under republicans 

https://www.forbes.com/sites/mikepatton/2021/01/12/stock-performance-and-the-political-party-in-power-an-historical-look-at-the-past-75-years/

Focking idiots.  Its not as simple as D goes down, R goes up.

Biden keeps up massive spending during a recession. So....Yeah it is that easy. 

[Hardcore troubadour 12,576]

2 minutes ago, TimHauck said:

So you agree much of the same stuff would probably still be going on?

Do you ever do anything besides this? Stupid questions you think will prove something? 

[craftsman 1,045]

53 minutes ago, TimHauck said:

So you agree much of the same stuff would probably still be going on?

You would have to be stupid to agree with that. 

[TimHauck 1,790]

30 minutes ago, craftsman said:

You would have to be stupid to agree with that. 

So your claim is Biden caused worldwide inflation?

[Reality 2,710]

1 hour ago, Shooter McGavin said:

I have no doubt that the markets would have done what they did with trump in office.  If you don't get that, you don't understand finance.  You're an uneducated security guard.  Let charles Schwab handle your savings account

Idiotic.

[Hardcore troubadour 12,576]

5 minutes ago, Reality said:

Idiotic.

Seriously. Biden undoes everything Trump did right off the bat, then does the exact opposite of Trump the rest of the way but gutterdope is confident it would have been the same. Confidence + stupidity is a dangerous combo. I bet his wife calls the shots with the money.  

[craftsman 1,045]

22 minutes ago, TimHauck said:

So your claim is Biden caused worldwide inflation?

He made the US energy dependant all by himself. He pushed and executed massive spending during a recession. I don't care about other stupid leaders in other countries. We have our own idiot to remove from office.

Not to mention his fear mongering about everything.

[Shooter McGavin 589]

1 hour ago, Hardcore troubadour said:

Seriously. Biden undoes everything Trump did right off the bat, then does the exact opposite of Trump the rest of the way but gutterdope is confident it would have been the same. Confidence + stupidity is a dangerous combo. I bet his wife calls the shots with the money.  

Excuse me but the educated people are talking inflation here.

[Shooter McGavin 589]

3 hours ago, craftsman said:

Biden keeps up massive spending during a recession. So....Yeah it is that easy. 

He stopped massive spending last year before the recession, the same massive spending that Trump continued, from Obama, etc...

[Shooter McGavin 589]

Let me help you idiots here, what we're dealing with is the result of bad monetary policy for the last 15 years, unsustainably low rates, free money, a global pandemic, and then the shock when everyone emerges from it flush with cash and a worldwide economy unable to handle it.  There is nothing Trump could have or would have done, and putting a republican in the WH is no guarantee that anything will be fixed anytime soon.

But yeah, OMB bad, orange man good.

[Hardcore troubadour 12,576]

1 minute ago, Shooter McGavin said:

He stopped massive spending last year before the recession, the same massive spending that Trump continued, from Obama, etc...

Wow. Does this guy pay attention to anything? He just signed another massive spending bill after Manchin caved. And he has promised to pay off student loans. You’re unbelievably ignorant. 

[craftsman 1,045]

3 minutes ago, Shooter McGavin said:

He stopped massive spending last year before the recession, the same massive spending that Trump continued, from Obama, etc...

Green new deal. Disguised as inflation reduction.

Pay off student loans.

You liberals are all idiots.

[Shooter McGavin 589]

7 minutes ago, Hardcore troubadour said:

Wow. Does this guy pay attention to anything? He just signed another massive spending bill after Manchin caved. And he has promised to pay off student loans. You’re unbelievably ignorant. 

What massive spending bill is this?

[Shooter McGavin 589]

8 minutes ago, craftsman said:

Green new deal. Disguised as inflation reduction.

Pay off student loans.

You liberals are all idiots.

The inflation reduction act raises taxes, it's not a spending bill, it's actually neutral.

Forgiving student loans isn't spending either.

[easilyscan 553]

5 hours ago, TimHauck said:

So you agree much of the same stuff would probably still be going on?

I don't have a crystal ball, so I don't know if the economy would be in the same shape it's in today if Trump had won. 

I only stated that 'if' Trump was still president, & 'if' the nation was in the same condition it's in today, the media would be much more outspoken about it.

 

[Gepetto 977]

5 hours ago, Shooter McGavin said:

 

Forgiving student loans isn't spending either.

The US Government is paying the student loans with taxpayer money.

[Shooter McGavin 589]

4 hours ago, Gepetto said:

The US Government is paying the student loans with taxpayer money.

Yeah but it's paying itself.  Semantics.

Either way it's not much compared to the trillions spent during covid.

[Hardcore troubadour 12,576]

1 minute ago, Shooter McGavin said:

Yeah but it's paying itself.  Semantics.

Either way it's not much compared to the trillions spent during covid.

The stupidity being brought forth here is epic. 

[Shooter McGavin 589]

Just now, Hardcore troubadour said:

The stupidity being brought forth here is epic. 

Care to point out what I said is wrong or do you prefer to make random baseless accusations without a shred of evidence?

[craftsman 1,045]

3 minutes ago, Shooter McGavin said:

Care to point out what I said is wrong or do you prefer to make random baseless accusations without a shred of evidence?

You say exactly Biden's words. Really dumb take. 

Tax and spend doesn't "pay for itself" you mindless liberal socialist.