Reply to Dow below 40000 by end of the year

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I want a 50% correction. Since COVID people have lost their mind. Because of VOO and the likes people think investing is risk free. And the greedy AI investors pumping cash left and right into the market further inflating sticks has gotten out of control. They all think it's the good rush all over again. I'm sure some people think that 2008 crash and the prior crashes going back all the way to 1929 were probably fake news and never happened.

Some people now think a 7% return over the long run is "bad". They will benefit from a -50% to reset their expectations.[/quote]

So, you are hoping that people lose money, maybe to the point that their retirements are threatened? So they will learn some sort of lesson?

Isn’t that mean spirited? Is that the way you treat people in real life?
[/quote]

If people near retirement haven't made the adjustment and got caught up it's on them.[/quote]

You're either trolling or you're an idiot who assumes that everyone near retirement has even a little depth of understanding of how these world events already is and will continue to affect them.  That's an unreasonable assumption to make because the US has never been a society that goes to any lengths to really invest in upping the national financial literacy of everyday folks.[/quote]

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