Economy is roaring

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:In the meantime, I'm a middle earner with a nearly 40% increase in my retirement account this year, and my mother's money has gone up so much that we can afford to keep her in the nice assisted living place for at least another few years. One of my friends lost her job at age 63 (63!!) and, due to the low unemployment rate, was able to find a new job within weeks. Others, earning lower-level wages, have seen increases for the first time in a decade. It's been very good for the bulk of Americans.

Congratulations. You realize that by having ANYTHING in the market, that puts you in the top 25% of the country in terms of wealth, right?

Not true.

Over 50% of adults have direct or indirect holdings of stock. Thirty percent of adults in the lower 50th percentile of income own stock. Many of the adults who don't own are young and are not yet interested in saving for retirement.

https://www.politifact.com/california/statements/2018/sep/18/ro-khanna/what-percentage-americans-own-stocks/

DCUm tried to tell me that politifact is biased. So which is it? -np

The data comes from the Federal Reserve. Last time I tried to link to a Federal Reserve site, I was not allowed to post. Something in the URL causes DCUM to flag it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:My 401K is up 12% since Dec 1. Jesus H

Unglaublich

The leftists hate when "ordinary" people (meaning those who never earned six figures) save their money, invest for retirement, and see big increases under Trump. The market is almost 60% since he was elected!

So awful!!@!!!

Who's going to vote crazy Dem with a growing 401k and 529 for their kids?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My 401K is up 12% since Dec 1. Jesus H

Unglaublich

The leftists hate when "ordinary" people (meaning those who never earned six figures) save their money, invest for retirement, and see big increases under Trump. The market is almost 60% since he was elected!

So awful!!@!!!

Who's going to vote crazy Dem with a growing 401k and 529 for their kids?

It’s not sustainable you dummy

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My 401K is up 12% since Dec 1. Jesus H

Unglaublich

The leftists hate when "ordinary" people (meaning those who never earned six figures) save their money, invest for retirement, and see big increases under Trump. The market is almost 60% since he was elected!

So awful!!@!!!

Who's going to vote crazy Dem with a growing 401k and 529 for their kids?

It’s not sustainable you dummy

I agree ...... it will not be sustainable if we end up with a Democrat in the Oval office.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My 401K is up 12% since Dec 1. Jesus H

Unglaublich

The leftists hate when "ordinary" people (meaning those who never earned six figures) save their money, invest for retirement, and see big increases under Trump. The market is almost 60% since he was elected!

So awful!!@!!!

Who's going to vote crazy Dem with a growing 401k and 529 for their kids?

It’s not sustainable you dummy

Sure, it can't keep going up and this rate, and it will drop at some point. But with jumps like we've seen, I could see a 20% pull back and still be much better off than I imagined even a few years ago. But vote for one of the crazy socialist Dems, and you will see a major hit. Middle Americans will lose a big part of their investments, businesses will slow down hiring, the unemployment rate will go up, more people will be forced onto food stamps - and liberals will be happy about it all.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My 401K is up 12% since Dec 1. Jesus H

Unglaublich

The leftists hate when "ordinary" people (meaning those who never earned six figures) save their money, invest for retirement, and see big increases under Trump. The market is almost 60% since he was elected!

So awful!!@!!!

Who's going to vote crazy Dem with a growing 401k and 529 for their kids?

It’s not sustainable you dummy

I agree ...... it will not be sustainable if we end up with a Democrat in the Oval office.

Serious question: What are you planning to do if Sanders get the nomination? I'm thinking that once it even appears that he is the likely pick, we will start to see major drops in the market. So the question is: do we sell at that point to avoid further losses, or buy more because when Trump defeats him there will be a big relief rally? (The risk of course, and heaven forbid, the socialist wins and then the market really takes a nosedive.)

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My 401K is up 12% since Dec 1. Jesus H

Unglaublich

The leftists hate when "ordinary" people (meaning those who never earned six figures) save their money, invest for retirement, and see big increases under Trump. The market is almost 60% since he was elected!

So awful!!@!!!

Who's going to vote crazy Dem with a growing 401k and 529 for their kids?

It’s not sustainable you dummy

Sure, it can't keep going up and this rate, and it will drop at some point. But with jumps like we've seen, I could see a 20% pull back and still be much better off than I imagined even a few years ago. But vote for one of the crazy socialist Dems, and you will see a major hit. Middle Americans will lose a big part of their investments, businesses will slow down hiring, the unemployment rate will go up, more people will be forced onto food stamps - and liberals will be happy about it all.

If a "crazy socialist Dem" were elected, what legislation could they pass through the Republican controlled Senate? Do you think the Republican controlled Senate will pass Medicare for All? Or UBI? If the market drops 20% in response the to 0% chance of "crazy" legislation, then maybe the market isn't actually as strong as you say it is.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My 401K is up 12% since Dec 1. Jesus H

Unglaublich

The leftists hate when "ordinary" people (meaning those who never earned six figures) save their money, invest for retirement, and see big increases under Trump. The market is almost 60% since he was elected!

So awful!!@!!!

Who's going to vote crazy Dem with a growing 401k and 529 for their kids?

It’s not sustainable you dummy

I agree ...... it will not be sustainable if we end up with a Democrat in the Oval office.

Do you have any specific information of what a Democratic president could do to hurt the stock market?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My 401K is up 12% since Dec 1. Jesus H

Unglaublich

The leftists hate when "ordinary" people (meaning those who never earned six figures) save their money, invest for retirement, and see big increases under Trump. The market is almost 60% since he was elected!

So awful!!@!!!

Who's going to vote crazy Dem with a growing 401k and 529 for their kids?

It’s not sustainable you dummy

Sure, it can't keep going up and this rate, and it will drop at some point. But with jumps like we've seen, I could see a 20% pull back and still be much better off than I imagined even a few years ago. But vote for one of the crazy socialist Dems, and you will see a major hit. Middle Americans will lose a big part of their investments, businesses will slow down hiring, the unemployment rate will go up, more people will be forced onto food stamps - and liberals will be happy about it all.

If a "crazy socialist Dem" were elected, what legislation could they pass through the Republican controlled Senate? Do you think the Republican controlled Senate will pass Medicare for All? Or UBI? If the market drops 20% in response the to 0% chance of "crazy" legislation, then maybe the market isn't actually as strong as you say it is.

As long as we hold the Senate, there's no actual risk that crazy Bernie could enact his economy-destroying policies. But two thing to keep in mind:

1) The off-chance that the Senate flips AND Bernie wins means that Americans with savings are in for a world of hurt.
2) The market reacts emotionally, so even if we hold the Senate, even the thought of a socialist as the president - and the anti-business climate that would engender - is enough to topple the market.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My 401K is up 12% since Dec 1. Jesus H

Unglaublich

The leftists hate when "ordinary" people (meaning those who never earned six figures) save their money, invest for retirement, and see big increases under Trump. The market is almost 60% since he was elected!

So awful!!@!!!

Who's going to vote crazy Dem with a growing 401k and 529 for their kids?

It’s not sustainable you dummy

Sure, it can't keep going up and this rate, and it will drop at some point. But with jumps like we've seen, I could see a 20% pull back and still be much better off than I imagined even a few years ago. But vote for one of the crazy socialist Dems, and you will see a major hit. Middle Americans will lose a big part of their investments, businesses will slow down hiring, the unemployment rate will go up, more people will be forced onto food stamps - and liberals will be happy about it all.

If a "crazy socialist Dem" were elected, what legislation could they pass through the Republican controlled Senate? Do you think the Republican controlled Senate will pass Medicare for All? Or UBI? If the market drops 20% in response the to 0% chance of "crazy" legislation, then maybe the market isn't actually as strong as you say it is.

As long as we hold the Senate, there's no actual risk that crazy Bernie could enact his economy-destroying policies. But two thing to keep in mind:

1) The off-chance that the Senate flips AND Bernie wins means that Americans with savings are in for a world of hurt.
2) The market reacts emotionally, so even if we hold the Senate, even the thought of a socialist as the president - and the anti-business climate that would engender - is enough to topple the market.

But what is "anti-business climate" specifically? A feeling? Are you claiming that the stock market is based on feelings? What about the roaring economy?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My 401K is up 12% since Dec 1. Jesus H

Unglaublich

The leftists hate when "ordinary" people (meaning those who never earned six figures) save their money, invest for retirement, and see big increases under Trump. The market is almost 60% since he was elected!

So awful!!@!!!

Who's going to vote crazy Dem with a growing 401k and 529 for their kids?

It’s not sustainable you dummy

Sure, it can't keep going up and this rate, and it will drop at some point. But with jumps like we've seen, I could see a 20% pull back and still be much better off than I imagined even a few years ago. But vote for one of the crazy socialist Dems, and you will see a major hit. Middle Americans will lose a big part of their investments, businesses will slow down hiring, the unemployment rate will go up, more people will be forced onto food stamps - and liberals will be happy about it all.

If a "crazy socialist Dem" were elected, what legislation could they pass through the Republican controlled Senate? Do you think the Republican controlled Senate will pass Medicare for All? Or UBI? If the market drops 20% in response the to 0% chance of "crazy" legislation, then maybe the market isn't actually as strong as you say it is.

As long as we hold the Senate, there's no actual risk that crazy Bernie could enact his economy-destroying policies. But two thing to keep in mind:

1) The off-chance that the Senate flips AND Bernie wins means that Americans with savings are in for a world of hurt.
2) The market reacts emotionally, so even if we hold the Senate, even the thought of a socialist as the president - and the anti-business climate that would engender - is enough to topple the market.

But what is "anti-business climate" specifically? A feeling? Are you claiming that the stock market is based on feelings? What about the roaring economy?

+1.You sound like you don't know very much about investing. Maybe...you shouldn't?
https://www.bloomberg.com/news/articles/2019-10-30/obama-will-kill-stock-market-no-trump-will-no-warren-will

[Anonymous]

But what is "anti-business climate" specifically? A feeling? Are you claiming that the stock market is based on feelings? What about the roaring economy?

don't be an idiot. If a socialist is elected, money will be withdrawn by corporations in a huge stock sell off in order to protect themselves from oncoming tax increases. They will pull the money to protect it before it is ripped from their accounts. Companies will be forced to lay off millions of people because they won't be able to pay them. Jobs will again be off loaded to foreign lands and companies wlll send hide their money overseas. The economy will go full recession and depression.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My 401K is up 12% since Dec 1. Jesus H

Unglaublich

The leftists hate when "ordinary" people (meaning those who never earned six figures) save their money, invest for retirement, and see big increases under Trump. The market is almost 60% since he was elected!

So awful!!@!!!

Who's going to vote crazy Dem with a growing 401k and 529 for their kids?

It’s not sustainable you dummy

I agree ...... it will not be sustainable if we end up with a Democrat in the Oval office.

Do you have any specific information of what a Democratic president could do to hurt the stock market?

DP. We already have Bernie threatening to take on the big banks (so finance stocks in particular will plummet) and raise taxes back to a non-competitive level (so all companies lose value). He's also talking about taxing stock transactions (also causing them to lose value) and eliminating stock buy-backs (also reduces value). Of course, that's why it's imperative to hold the Senate, or the entire economy could go into a recession - and quickly. Make no mistake: Bernie would be a DISASTER. Fortunately, I can't believe that anyone other than the far leftists would actually vote in an 80-year-old socialist.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My 401K is up 12% since Dec 1. Jesus H

Unglaublich

The leftists hate when "ordinary" people (meaning those who never earned six figures) save their money, invest for retirement, and see big increases under Trump. The market is almost 60% since he was elected!

So awful!!@!!!

Who's going to vote crazy Dem with a growing 401k and 529 for their kids?

It’s not sustainable you dummy

I agree ...... it will not be sustainable if we end up with a Democrat in the Oval office.

Do you have any specific information of what a Democratic president could do to hurt the stock market?

DP. We already have Bernie threatening to take on the big banks (so finance stocks in particular will plummet) and raise taxes back to a non-competitive level (so all companies lose value). He's also talking about taxing stock transactions (also causing them to lose value) and eliminating stock buy-backs (also reduces value). Of course, that's why it's imperative to hold the Senate, or the entire economy could go into a recession - and quickly. Make no mistake: Bernie would be a DISASTER. Fortunately, I can't believe that anyone other than the far leftists would actually vote in an 80-year-old socialist.

*Raise taxes back ON CORPORATIONS

[Anonymous]

Anonymous wrote:

But what is "anti-business climate" specifically? A feeling? Are you claiming that the stock market is based on feelings? What about the roaring economy?

don't be an idiot. If a socialist is elected, money will be withdrawn by corporations in a huge stock sell off in order to protect themselves from oncoming tax increases. They will pull the money to protect it before it is ripped from their accounts. Companies will be forced to lay off millions of people because they won't be able to pay them. Jobs will again be off loaded to foreign lands and companies wlll send hide their money overseas. The economy will go full recession and depression.

How can taxes increase when Republicans control Congress?