Because Of The Recession, My Investments Have Lost 25% of their Market Value

[Viktor]

What part of PROPOSED BAN makes me a liar?
Moron.

YOU ALSO CANNOT READ

 

[Anathema]

I can thank Uncle Jojo and the stupid Democrats for rabid inflation and the burgeoning recession

They didn’t help, but that’s also what you get when you make the mistake of investing in things you can’t hold on your hand.

I invest in weapons, supplies, ammunition, and other physical items. No stocks, bonds, etc…

 

[Weatherman2020]

YOU ALSO CANNOT READ

And you’re a moron who keeps insisting it’s illegal for Congress to conduct insider trading.

 

[Viktor]

They didn’t help, but that’s also what you get when you make the mistake of investing in things you can’t hold on your hand.

I invest in weapons, supplies, ammunition, and other physical items. No stocks, bonds, etc…

That is hoarding, not investing. You won't make a profit like that, fool.

 

[Anathema]

That is hoarding, not investing. You won't make a profit like that, fool.

I will be ready when this country falls and your money (paper, coins, investment, atm cards, etc…) are worthless. Then I’ll live and you can’t eat your stocks or bonds.

 

[Viktor]

And you’re a moron who keeps insisting it’s illegal for Congress to conduct insider trading.

IGNORE

 

[Viktor]

I will be ready when this country falls and your money (paper, coins, investment, atm cards, etc…) are worthless. Then I’ll live and you can’t eat your stocks or bonds.

You are mentally ill

 

[Weatherman2020]

IGNORE

OH NO!!! I’m so pained!
A moron who thinks it’s illegal for Pelosi to conduct insider trading is ignoring me!!!

 

[Anathema]

You are mentally ill

What I am is PREPARED. My assets can be traded or sold by my next of kin if unused. I never expect to see “retirement “, and the “investments” would go to waste.

 

[Blaster]

I have investments in the stock market and also outside the stock market.

 

[Blaster]

What I am is PREPARED. My assets can be traded or sold by my next of kin if unused. I never expect to see “retirement “, and the “investments” would go to waste.

You can thank the cretins that voted for Biden.

 

[Anathema]

You can thank the cretins that voted for Biden.

I’ve NEVER put monies into financial investments because all of the bankers and politicians are corrupt. It’s not one side that’s a problem… it’s ALL the sides.

 

[Viktor]

You can thank the cretins that voted for Biden.

I blame that on the liberal media hate campaign which told so many lies about Donald Trump. Trump is suing CNN for libel and so is Alan Dershowitz.

 

[abu afak]

If you don't know, why do you think you're NOT in an index fund? ... at your age, you shouldn't have very much of your portfolio invested in equities, too risky ... if you lose everything, your broker will still be driving a Taycan, and you will be back in the workforce trying to make ends meet ...

You stated that you've lost 14% of your retirement savings ... is that more or less than the cost of a lawyer going over the fine print and explaining everything to you? ... I'm guessing more, that makes it long past time for you to hire that lawyer ... at least tell your broker you're planning on hiring a lawyer ... or even better, have a lawyer send your broker a letter ...

Just curious ... why didn't you invest in real estate at the time? ...

Bonds and stocks were BOTH down 25% unless you were in short term/ie 2-5 year T-bills.
`

 

[MarathonMike]

Here's my story (and I'm sticking to it). I have an investment account with Merrill Lynch. It includes my IRA, my wife's IRA, and other savings - enough that the well will never run dry. I'm 73 and my wife is soon-to-be 70. We draw a monthly stipend that is much less than the earnings of the accounts - ignoring asset value fluctuation. That plus SS keeps the wheels turning, and we don't want for nothing.

Every year, they call us in for a meeting where they tell us how their investment experts have created a strategy that is perfectly geared to our situation, where we are in the draw-down phase of life, and no longer looking for speculative gains and whatnot.

But here's the thing: My our portfolio EXACTLY follows the DOW. Not on a day-by-day basis, but certainly month-to-month. The DOW has gone from 35,000 roughly and now it's at about 30,000, and our investments have gone down in EXACTLY that same percentage.

The fees we are charged are buried in the fine print, and I don't even bother looking to see what they are. My broker derives a Taycan, if that means anything to you. We turned over all our money to them about ten years ago, and if we had put it into an index fund we would be in the same place.

That is exactly why my wife manage all of our own financial accounts with no input from "financial experts". When it comes down to it, 99% percent of them don't know any more than you or I and at least I am not lucky enough to find the 1% that does.

 

[airplanemechanic]

OH NO!!! I’m so pained!
A moron who thinks it’s illegal for Pelosi to conduct insider trading is ignoring me!!!
View attachment 706949

Dude, it IS illegal for Pelosi to conduct insider trading. Insider trading is a crime. You CANNOT have crimes that ONLY mere "citizens" can be found guilty of. There are NOT two sets of laws, one for us mere "citizens" and one for congress. No, INSIDER TRADING IS ILLEGAL FOR EVERYONE.

STOCK Act - Wikipedia

en.wikipedia.org

The law prohibits the use of non-public information for private profit, including insider trading by members of Congress and other government employees

You're a fucking moron, now sit down and shut up.

Only Congress has insider trading capabilities.

Not true, just ask Martha Stewart. However, if they do it, its illegal and they should go to jail just like Martha Stewart.

Not illegal for Nancy Pelosi to conduct insider trading.

Yes it is. See the STOCK act.

 

[Viktor]

I have investments in the stock market and also outside the stock market.

So Do I.

 

[Weatherman2020]

Dude, it IS illegal for Pelosi to conduct insider trading. Insider trading is a crime. You CANNOT have crimes that ONLY mere "citizens" can be found guilty of. There are NOT two sets of laws, one for us mere "citizens" and one for congress. No, INSIDER TRADING IS ILLEGAL FOR EVERYONE.

STOCK Act - Wikipedia

en.wikipedia.org

You're a fucking moron, now sit down and shut up.



Not true, just ask Martha Stewart. However, if they do it, its illegal and they should go to jail just like Martha Stewart.



Yes it is. See the STOCK act.

Educate yourself.
Pelosi is carrying around a bill to stop insider trading by Congress in the hope it makes it appear she’s doing something. But it’ll never get passed, the inside traders vote on it.

Insider trading and Congress: How lawmakers get rich from the stock market

Congressional insider trading has long been a hot issue, and lawmakers continue to look for a way to put an end to the practice. In 2012, the STOCK Act was passed following allegations of insider trading before the 2008 financial crisis. However, experts say the law didn't go far enough. Watch...

www.cnbc.com

Congress Quickly And Quietly Rolls Back Insider Trading Rules For Itself

In November of 2011, the TV show 60 Minutes did a big expose on insider trading within Congress. While everyone else is subject to basic insider trading rules, it turned out that members of Congres…

www.techdirt.com

 

[Indeependent]

If you don't know, why do you think you're NOT in an index fund? ... at your age, you shouldn't have very much of your portfolio invested in equities, too risky ... if you lose everything, your broker will still be driving a Taycan, and you will be back in the workforce trying to make ends meet ...

You stated that you've lost 14% of your retirement savings ... is that more or less than the cost of a lawyer going over the fine print and explaining everything to you? ... I'm guessing more, that makes it long past time for you to hire that lawyer ... at least tell your broker you're planning on hiring a lawyer ... or even better, have a lawyer send your broker a letter ...

Just curious ... why didn't you invest in real estate at the time? ...

Real Estate crashes and takes years to recover.

 

[Indeependent]

Educate yourself.
Pelosi is carrying around a bill to stop insider trading by Congress in the hope it makes it appear she’s doing something. But it’ll never get passed, the inside traders vote on it.

Congress Quickly And Quietly Rolls Back Insider Trading Rules For Itself

In November of 2011, the TV show 60 Minutes did a big expose on insider trading within Congress. While everyone else is subject to basic insider trading rules, it turned out that members of Congres…

www.techdirt.com

Obama already did that and it's being violated every moment of the day.