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Eschew Obfuscation |
While I'm not a financial guy by any means, I have been regularly checking the stock market indexes since Trump was elected. Regardless of all the hate and venom Democrats and their ilk spew, they can't deny the performance of the markets since voters said no to another four years of Obama-style socialism. _____________________________________________________________________ “One of the common failings among honorable people is a failure to appreciate how thoroughly dishonorable some other people can be, and how dangerous it is to trust them.” – Thomas Sowell | ||
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Baroque Bloke |
My account has done well in that interval. It's grown a lot more than the $1K that I donated to the Trump-Pence campaign. Serious about crackers | |||
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Lawyers, Guns and Money |
Gold usually goes up when there is a lot of uncertainty and fear... Gold has been weak, at least since February. "Some things are apparent. Where government moves in, community retreats, civil society disintegrates and our ability to control our own destiny atrophies. The result is: families under siege; war in the streets; unapologetic expropriation of property; the precipitous decline of the rule of law; the rapid rise of corruption; the loss of civility and the triumph of deceit. The result is a debased, debauched culture which finds moral depravity entertaining and virtue contemptible." -- Justice Janice Rogers Brown "The United States government is the largest criminal enterprise on earth." -rduckwor | |||
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Member |
Just remember if the market takes a smack sometime in the next 2 years they will blame trump for that. | |||
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Wait, what? |
If we get hit by a rock from space, Trump will get blamed... I still remember predictions from the left that the market would crash right after the election; they'd have been perfectly happy to see the country in flames. “Remember to get vaccinated or a vaccinated person might get sick from a virus they got vaccinated against because you’re not vaccinated.” - author unknown | |||
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Eschew Obfuscation |
Absolutely. The same way those same prognosticators twisted themselves into pretzels trying to explain why the market lethargy had nothing to do with Obama's policies. _____________________________________________________________________ “One of the common failings among honorable people is a failure to appreciate how thoroughly dishonorable some other people can be, and how dangerous it is to trust them.” – Thomas Sowell | |||
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Member |
Nice data. My confusion is that I still don't have a clue what legitimate complaint the Left has against Trump that would result in, for example, the protests in Hollycrackers last weekend. "Wrong does not cease to be wrong because the majority share in it." L.Tolstoy "A government is just a body of people, usually, notably, ungoverned." Shepherd Book | |||
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Member |
I have noticed the uptick as well because my 401k has been growing by leaps and bounds since Trump was elected. If I would have had this amount of growth the last 8 years with Zippy the wonder putz I'd probably have enough to retire early. All I could do for those 8 years is watch it decline and think about keeling over someday at my desk because I'd never have the money to retire. | |||
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Member |
What are you talking about? The market rebounded significantly after the lows of 2008 and 2009 during Obama's presidency. Year V | |||
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His Royal Hiney |
The stock market has been on an upward trend since 2010. This really can't be attribute to Trump but to the business cycle. As a matter of fact, it may be that we are in the mature phase of this bull market. I'd post a pic but I'm still on photosuckit. "It did not really matter what we expected from life, but rather what life expected from us. We needed to stop asking about the meaning of life, and instead to think of ourselves as those who were being questioned by life – daily and hourly. Our answer must consist not in talk and meditation, but in right action and in right conduct. Life ultimately means taking the responsibility to find the right answer to its problems and to fulfill the tasks which it constantly sets for each individual." Viktor Frankl, Man's Search for Meaning, 1946. | |||
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Member |
I don't agree with this either. That chart at the top of the page doesn't lie. That's a significant uptick right after the election. That is not a coincidence. Neither are the other upticks immediately after Trump has gotten things done. Year V | |||
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Lawyers, Guns and Money |
At some point we will have another one of those big dips... like we had in 2000 and in 2008. I just don't know when. "Some things are apparent. Where government moves in, community retreats, civil society disintegrates and our ability to control our own destiny atrophies. The result is: families under siege; war in the streets; unapologetic expropriation of property; the precipitous decline of the rule of law; the rapid rise of corruption; the loss of civility and the triumph of deceit. The result is a debased, debauched culture which finds moral depravity entertaining and virtue contemptible." -- Justice Janice Rogers Brown "The United States government is the largest criminal enterprise on earth." -rduckwor | |||
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Get busy living or get busy dying! |
The rise of the market from 11/8/2016 is (in my opinion) due to the expected decrease of regulations and expected better business climate under a business man, Trump. Yes, we will have a downturn where SH will do well. In the meantime SSO has been doing great! | |||
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Member |
The market rises and falls independent of the presidency - it's controlled by the actions of the fed and fund managers. The 2 most significant market crashes that I have experienced were under Bush. (2001 and 2007) | |||
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His Royal Hiney |
look at the picture that chellim1 posted. Or even better, google a chart from 2000 to date and look at what the market has done. Charts do have a limited use and people are great in tying events in hindsight. Granted that there are significant effects such as the stock market after 9/11 but the upward trend in stocks has been there long before Trump. Are you going to say Obama was responsible for the much longer upward trend in the stock market prior to Trump? "It did not really matter what we expected from life, but rather what life expected from us. We needed to stop asking about the meaning of life, and instead to think of ourselves as those who were being questioned by life – daily and hourly. Our answer must consist not in talk and meditation, but in right action and in right conduct. Life ultimately means taking the responsibility to find the right answer to its problems and to fulfill the tasks which it constantly sets for each individual." Viktor Frankl, Man's Search for Meaning, 1946. | |||
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Do No Harm, Do Know Harm |
My 401k is doubled in two years. Some of that is my own money, some of my employer's money, but I ain't complaining. Knowing what one is talking about is widely admired but not strictly required here. Although sometimes distracting, there is often a certain entertainment value to this easy standard. -JALLEN "All I need is a WAR ON DRUGS reference and I got myself a police thread BINGO." -jljones | |||
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Hoping for better pharmaceuticals |
My IRA's are doing quite well. I believe I read the market is up 17% since Trump took office. Getting shot is no achievement. Hitting your enemy is. NRA Endowment Member . NRA instructor | |||
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