Bonasababy
Well-known member
- Joined
- May 16, 2024
- Messages
- 887
What we need is a new coin...

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So, you're saying that the largest 2 day loss in the history of the market is just business as usual?A healthy market goes up and down. Too many on here are annoyed with a down market. Markets don’t go up forever people.
To ease your minds, have a look at this chart of the S&P500 going back to 1980 and note that despite average intra-year DROPS of 14.1%, (the low is represented by the), 34 out of the past 45 years the S&P500 finished POSITIVE! —12/31 annual returns represented by gray bars.
Have a plan, not a portfolio.
If you’re taking money in retirement solely out of a stock/mutual fund portfolio, you don’t have a plan. This is when you draw your income from safe products and, should you have disposable income… now is the time to buy!
In case you think “this time is different”, note that in March of 2020 the(lowest drop in the S&P500 that year) was -34% IN ONE MONTH. Fastest decline ever in US history. By the end of the year, the S&P 500 finished +16%.
All will be fine. Turn off the news and go for a hike outside.
Oh, I think we're a long way from seeing the bottom of "stuff on sale"...And he was at the helm in 2020 when all that mess started as well. People seem.to forget that.
Amazing what he has done to damage the country, under the veil of doing good, and people have taken it hook, line and sinker.
End rant.
Back on topic
...
Just trying to stay positive and think "stuff is on sale" for my wife's IRA.
Futures markets open today at 6pm EST. It’ll give an idea of the markets sentiment.Black Monday type event tomorrow, dead cat bounce, or something in-between?
Not big on individual stocks, so the Q’s are the biggest loser for me. Could have bought my house twice over with what I lost so far. Can’t take much more of this winning…My biggest looser is DOW chem -30% or so.
What’s your biggest looser currently?
I can honestly say I haven't looked. It's not gonna make me feel any betterMy biggest looser is DOW chem -30% or so.
What’s your biggest looser currently?
Our current administration is reducing government size. Don’t forget that.What we need is a new coin...
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Also forgot SNOW snowflakeMy biggest looser is DOW chem -30% or so.
What’s your biggest looser currently?
Also forgot SNOW snowflake
I have always understood tariffs to just be taxes imposed on the End-user, which is the consumer (you and I).
This used to be regarded as fact on the economic right. We believe this for the same reason we don’t think corporate income tax should exist or regulations that go beyond protecting the general safety and welfare of the public shouldn’t exist or insert whatever other government imposed thing you can think of that adds billions of dollars in cost to products and services that result in you paying more for everything.
If there’s a larger overall negotiating strategy to tariffs that the Trump administration has, I think they would be wise to articulate it to the American people. And hopefully it’s more complex than just returning manufacturing to the United States. Nobody is going to bring home manufacturing due to a tariff. Even if they did, There aren’t enough Americans to do the jobs. Manufacturing can be challenging and it takes hard work. Are Americans really up for that? Not that I’ve seen.
We will have to change our stance on immigration if we want more manufacturing.