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Started By
Message
re: Dow Headed for Worst April Since Great Depression
Posted on 4/22/25 at 10:48 am to Seldom Seen
Posted on 4/22/25 at 10:48 am to Seldom Seen
The further down we go the more money I am going to make long term so I am ok with going all the way.
We could get to depression level where 60% of people are out of work, and I would still be buying stock.
Its going to be magnificent on the uptick.
We could get to depression level where 60% of people are out of work, and I would still be buying stock.
Its going to be magnificent on the uptick.
This post was edited on 4/22/25 at 10:49 am
2
Posted on 4/22/25 at 10:57 am to jizzle6609
Absolutely! Been investing in the market since the 80s (in my 20s). Been through the 87 crash, the dotcom burst, the 07-08 real estate crash and 2020 covid drop. Never sold- added continuously, even more so during significant drops like the current one (it’s painful because it goes against human nature to run towards painful situations). Always ends up paying off big time. For perspective all 1 has to do is go look at a 30 year chart of the Dow. If your retirement horizon is years away, keep adding & you’ll be rewarded
Posted on 4/22/25 at 10:58 am to L1C4
Eat crow
Posted on 4/22/25 at 11:01 am to Bunk Moreland
quote:
what's delaying concrete progress and a real deal, is that US keeps changing its ask in terms of exactly what it wants, said one financial CEO who speaks regularly to country officials
"According to one anonymous guy who wasn't in the meetings and has no position in the government, here is the negative story we want you to fully swallow. He's a 'CEO,' so it adds legitimacy to our propaganda."
Posted on 4/22/25 at 11:02 am to Seldom Seen
Looks like the best buying opportunity since the great depression.
Posted on 4/22/25 at 11:03 am to sofladawg
quote:so obviously not connected with a presidential incumbent but the economy instead
President Bill Clinton had the best stock market performance. The S&P 500 grew 210% during Clinton's two-term presidency. The second best performer was Obama, where during his presidency the S&P 500 grew 189%
Posted on 4/22/25 at 11:08 am to Seldom Seen
who stole your password? This is trifling chicken little garbage.Posted on 4/22/25 at 11:09 am to RollTide4547
quote:
My 401k is down a little over 120K from Jan/Feb highs, but it is still way over what I actually put into it. Not taking anything out now, so when my company buys at the first of May I'll be getting a bargain.
And you're really ok with this?
Posted on 4/22/25 at 11:17 am to minister of truth
quote:
ainful because it goes against human nature to run towards painful situations).
WB rule.
Look the game is rigged if you dont have debt.
It really is that simple.
If people would deal with pain in the 20s and nut up by their 30s and 40s what they wouldve had would far exceed their wasted vacations and jacked up Tahoes.
They are about to see why flashing cash isnt smart.
Live right in the middle and enjoy a stress free life.
Posted on 4/22/25 at 11:17 am to ATrillionaire
quote:Absolutely. Short term pain for long term gain.
And you're really ok with this?
Posted on 4/22/25 at 11:18 am to ATrillionaire
quote:
quote:
My 401k is down a little over 120K from Jan/Feb highs, but it is still way over what I actually put into it. Not taking anything out now, so when my company buys at the first of May I'll be getting a bargain.
And you're really ok with this?
Absolutely.
As long as you keep working you keep buying down the cost basis. If you are retired it could be a different story if you dont have multiple sources of income.
50 and under this is actually not a terrible thing to have happen to us.
Posted on 4/22/25 at 11:18 am to Seldom Seen
quote:
Seldom Seen
hope you and the author reserved the right to "revise and extend" your remarks
hahahahahahahahahahaha
Posted on 4/22/25 at 11:18 am to FriendofBaruch
quote:
If you have not adjusted to a more steady income average by the time you arrive at "senior" - you have not been given good advice oops! there goes the DOW up 2% causing young Hannah the oopsies.
If you’re retired at 60 with 30 years to go that is very dumb advice. You have to keep a significant portion of your portfolio in the market until you’re very old. If a couple are both 65 there’s a 50% chance one of you will make it to 90.
For the record, I keep 15% (2 years) in cash at age 66 to ride out the rollercoaster.
Posted on 4/22/25 at 11:19 am to AbuTheMonkey
quote:And? Those were unrealized gains and currently still not worse off than a year ago. That's not disingenuous, it's a different, longer term perspective.
Well, isn't that some completely disingenuous bullshite.
Over that 12 month period, it was up 21% while Biden was in office. It's down 13% since inauguration day.
Posted on 4/22/25 at 11:20 am to ATrillionaire
quote:
And you're really ok with this?
For me, I don't need the money I have in the market, well, ever, but I would much prefer the unavoidable train wreck that would occur if nothing is done gets avoided.
Posted on 4/22/25 at 11:29 am to The Pirate King
quote:
Unless you're retiring in the next year or make a living on stock trading, the day to day and even month to month whims of the stock market don't really affect you
Or have TDS
Posted on 4/22/25 at 11:30 am to L1C4
And you bitches would allow little kids to get transitioned if it meant Trump is out of power. Pathetic.
This post was edited on 4/22/25 at 12:18 pm
Posted on 4/22/25 at 11:31 am to RohanGonzales
quote:
if nothing is done
I'll tell you like I tell Progressives, "Doing something" for the sake of doing something is often more damaging than doing nothing.
Trumps tariff fiasco for one.
Posted on 4/22/25 at 11:32 am to Seldom Seen
Let's not pretend that under Joe Biden that the stock market wasn't stagnant for 3.5 years until the last 6 months of his term. My investments stayed around the same value for 3.5 years and didn't go up until the last 6 months. My investments are still 17.44% higher right now then what they were from March 2021 till July 2024.
Posted on 4/22/25 at 11:34 am to LSUbest
quote:
Looks like the best buying opportunity since the great depression.
It appear to be a great buying opportunity especially because it is not based on how the companies are doing. Those numbers have not cratered. It is based on uncertainty and fear. Once the fear disappears logic says the market will recoup all of its current loses and if the tariffs work then they dow and s&p will go even higher.
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