Worst stock market since 2008

[Anonymous]

For four years on the "its the economy stoppid", the Trump supporters crowed about the stock market, and the rest of us said the whole thing was being juiced by the tax cuts and economic policy tha suggested the economy was not stong, just the stock markets. Well, here we are. Markets go up and down, it is never a straight line. Anyone with half a brain knew the market was very frothy, just as it was in 1999 and 2007.

It will all come back to new highs, but it needed a better foundation.

[Anonymous]

Meh. I made money from 2008. Was able to use some cash I had to buy and reaped the benefits. I expect this will not be exactly the same (these downturns never are) but I'm looking for opportunities.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Oh boo hoo. The stock market's on a decades-long march, making the rich richer, and we're supposed to cry about a few dips.

Huh? Hundreds of millions of middle class Americans, many of whom are near retirement, have their 401ks, IRAs, 403bs, etc. in the market..States fund social programs with investments in the market. Schools invest in the market which impacts scholarships. Pension plans for government workers invest in the market.

It's amazing how Democrats think only rich people invest in stocks. It affects the entire economy.

"Hundreds of millions of middle class Americans"? Not very good with numbers, huh?

And, yes, the rich are getting richer.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I was smiling watching it free-fall today. Hope it drops 2,000 more on Monday. 5,000-7,000 for the week.


The lower the better.

Time to buy!

Unless of course you are a retiree. Who relies on WDs from retirement accounts to live.

[Anonymous]

Anonymous wrote:Oh boo hoo. The stock market's on a decades-long march, making the rich richer, and we're supposed to cry about a few dips.

The market is fine. It has been up in a straight line since 2009. It has gone down a bit but not even to 2020 levels yet. Everyone relax.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I was smiling watching it free-fall today. Hope it drops 2,000 more on Monday. 5,000-7,000 for the week.


The lower the better.

Time to buy!

Unless of course you are a retiree. Who relies on WDs from retirement accounts to live.

UIf youa re then this should have been planned in or they should not have retired. This is a normal market drop that you can expect at least twice a decade.

[Anonymous]

It’s a good time to be a lawyer and or gov hack pushing all the more Reg and a bad time to be an entrepreneur or someone who adds growth. Is there a stock fund for the barnacle economy?

[Anonymous]

Please dump all your stocks, Chicken Littles.

If you aren’t cashing out in the near future, this is not a problem. For my 401(k) long term, the temporary dips are actually good because my fixed twice per month investment in index funds buys more shares in the dips. It will go back up and down and up again before I retire.

[Anonymous]

Anonymous wrote:Oh boo hoo. The stock market's on a decades-long march, making the rich richer, and we're supposed to cry about a few dips.

I dunno, my portfolio is down several hundred thousand this year. Which is fine. But it’s probably not fine for people who are less fortunate or at retirement age.