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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Sigh. OP here again. Maybe it is me, but folks do not seem to understand my point. I did not get out of the market in any way shape or form. I do not play the market. I play the long-term. All I’m saying is that in this particular instance, I set aside money to cover y expenses for a longer period of time than I usually do because I was really hoping that the market would crash and the country would fall into an economic mess and that the idiot that we have as president would suffer the consequences. Unfortunately, that hasn’t happened yet. It’s very frustrating. The man is very frustrating. Right now I hate this country. That’s my bottom line.[/quote] "I do not play the market" and "I set aside money...hoping the market would crash" are inherently in conflict. You played the market. You lost. No wonder you're angry. Too bad.[/quote] JFC. So not true. Here’s what happened. I retired early. I have a large retirement account that I haven’t tapped yet. I also have a brokerage account. The brokerage account has about $1 million in it, virtually all in the S&P 500. I sold a rental property in August. I netted about $300k in cash from the sale. I was a little low on my cash reserves. I like to have at least a year’s worth of cash on hand regardless of anything going on. So I decided that since I was low on reserves and since it was likely that the lunatic would be elected I wouldn’t invest any of the money and would just hold onto all of it. Had the lunatic not had a good chance of being elected, I probably would have invested half and sat on the other half. So we’re talking 150k in August that I didn’t invest. I haven’t bought or sold anything in at least a year. The market is up about 10 percent since August. So I theoretically “lost” $15k before taxes. Not exactly something worth getting “angry” about. I’m only “angry” because I wanted a crash that hurts him and it hasn’t happened yet. [/quote] I think you are trolling us. [/quote] Why? What about what I said doesn’t sound true? It is. 100 percent. [/quote]
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