Got this update on my phone this morning...

[HappyJoy]

"Dow is set to plunge nearly 500 points as China announces new tariffs today".

Thank you President Trump...glad I am still more than a decade away from retirement, though that may not be enough time to undo the damage this moron will do.

Im looking forward to it crashing to about 5000. Pick up some good bets for pennies on the dollar.

So, you're rooting for a world wide depression?

No, but we're due for a correction based on the bubbles that the fed has created.

This isn't a correction. 2018 has been the stock market's response to Trump's tariff policies and China's reaction. It's also just the beginning.

I'm still modestly contributing through my 401k however I've decided not to invest further outside of my 401k as I'm not convinced this 'correction' is done just yet.

 

[LordBrownTrout]

"Dow is set to plunge nearly 500 points as China announces new tariffs today".

Thank you President Trump...glad I am still more than a decade away from retirement, though that may not be enough time to undo the damage this moron will do.

Im looking forward to it crashing to about 5000. Pick up some good bets for pennies on the dollar.

So, you're rooting for a world wide depression?

No, but we're due for a correction based on the bubbles that the fed has created.

This isn't a correction. 2018 has been the stock market's response to Trump's tariff policies and China's reaction. It's also just the beginning.

I'm still modestly contributing through my 401k however I've decided not to invest further outside of my 401k as I'm not convinced this 'correction' is done just yet.

Those are small periphery. The big ones coming are the bonds and housing and the feds inaction on interest.

 

[HappyJoy]

"Dow is set to plunge nearly 500 points as China announces new tariffs today".

Thank you President Trump...glad I am still more than a decade away from retirement, though that may not be enough time to undo the damage this moron will do.

Im looking forward to it crashing to about 5000. Pick up some good bets for pennies on the dollar.

So, you're rooting for a world wide depression?

No, but we're due for a correction based on the bubbles that the fed has created.

This isn't a correction. 2018 has been the stock market's response to Trump's tariff policies and China's reaction. It's also just the beginning.

I'm still modestly contributing through my 401k however I've decided not to invest further outside of my 401k as I'm not convinced this 'correction' is done just yet.

Those are small periphery. The big ones coming are the bonds and housing and the feds inaction on interest.

A 10% drop in the market is not small. I'd hate to be retiring this year if you're still heavily in the market.

 

[Dragonlady]

I'd rather a steady incline like under Obama did, than erratic.

Sorry, Trump isn't a crook like Obama.
He's not gonna bribe the fed chairman into lowering interest rates and he's not gonna use Quantitative Easing to artificially prop up the markets.

Trump isn’t a crook??? Talk about wilful blindness.

Trump is the most corrupt President since Warren Harding. Trump and his cabinet have their hands directly in the public purse and are helping themselves to travel and perks.

Just look at the corruption of Scott Pruitt and his $50 a night condo rental from a lobbyist. Or his trip to the Middle East to sell liquified gas - for the owners of that condo. That’s the Energy Secretary’s job, not the head of the EPA.

Or the number of Cabinet members using private jets and military planes for travel.

Trump has refused to divest himself of his business, which he promised he would do, or even put it in a blind trust. He’s profiting by selling crap with the Presidential seal on it, billing the White House for his travel to his resort properties every weekend, and keeping Melania in New York for months.

Trump promised to work to make Americans rich. The only people he’s making richer are his family and billionaire cronies.

 

[ATL]

I'd rather a steady incline like under Obama did, than erratic.

Sorry, Trump isn't a crook like Obama.
He's not gonna bribe the fed chairman into lowering interest rates and he's not gonna use Quantitative Easing to artificially prop up the markets.

Bribe the fed chair into lowering interest rates?

What planet are you from anyway?

Fake Earth.

 

[Thinker101]

"Dow is set to plunge nearly 500 points as China announces new tariffs today".

Thank you President Trump...glad I am still more than a decade away from retirement, though that may not be enough time to undo the damage this moron will do.

Better sell now, sell everything. Perhaps you could invest in Bitcoin.

 

[postman]

This isn't a correction. 2018 has been the stock market's response to Trump's tariff policies and China's reaction. It's also just the beginning.

I'm still modestly contributing through my 401k however I've decided not to invest further outside of my 401k as I'm not convinced this 'correction' is done just yet.

Let's just hope Bolton doesn't start a war with Iran.

Here's what happens to stock markets when the world goes to war

Looking at recent history, US involvement in Iraq in both 1990 (Iraq War I) and 2003 (Iraq War II) led to a fall in stocks of more than 10%.

 

[Thinker101]

I'd rather a steady incline like under Obama did, than erratic.

Sorry, Trump isn't a crook like Obama.
He's not gonna bribe the fed chairman into lowering interest rates and he's not gonna use Quantitative Easing to artificially prop up the markets.

Trump isn’t a crook??? Talk about wilful blindness.

Trump is the most corrupt President since Warren Harding. Trump and his cabinet have their hands directly in the public purse and are helping themselves to travel and perks.

Just look at the corruption of Scott Pruitt and his $50 a night condo rental from a lobbyist. Or his trip to the Middle East to sell liquified gas - for the owners of that condo. That’s the Energy Secretary’s job, not the head of the EPA.

Or the number of Cabinet members using private jets and military planes for travel.

Trump has refused to divest himself of his business, which he promised he would do, or even put it in a blind trust. He’s profiting by selling crap with the Presidential seal on it, billing the White House for his travel to his resort properties every weekend, and keeping Melania in New York for months.

Trump promised to work to make Americans rich. The only people he’s making richer are his family and billionaire cronies.

Trump promised to make Americans rich?

 

[HappyJoy]

This isn't a correction. 2018 has been the stock market's response to Trump's tariff policies and China's reaction. It's also just the beginning.

I'm still modestly contributing through my 401k however I've decided not to invest further outside of my 401k as I'm not convinced this 'correction' is done just yet.

Let's just hope Bolton doesn't start a war with Iran.

Here's what happens to stock markets when the world goes to war

Looking at recent history, US involvement in Iraq in both 1990 (Iraq War I) and 2003 (Iraq War II) led to a fall in stocks of more than 10%.

Yep, elections have consequences, I sure hope we show up in the midterms and beyond.

EDIT: What I'm concerned about is us ducking the Iran deal which then would send a message to North Korea that we don't keep our promises and we are stuck with both countries continuing with building nuclear arms while our relationships with their guardians continues to worsen.

Tariff war with China
North Korean nukes

Russia's continued involvement in our and other countries' elections
Iran nukes

I don't think these will be minor one offs for the stock market.

 

[Harpy Eagle]

"Dow is set to plunge nearly 500 points as China announces new tariffs today".

Thank you President Trump...glad I am still more than a decade away from retirement, though that may not be enough time to undo the damage this moron will do.

Better sell now, sell everything. Perhaps you could invest in Bitcoin.

Such small minds on this board


Sent from my iPhone using USMessageBoard.com

 

[SassyIrishLass]

"Dow is set to plunge nearly 500 points as China announces new tariffs today".

Thank you President Trump...glad I am still more than a decade away from retirement, though that may not be enough time to undo the damage this moron will do.

Better sell now, sell everything. Perhaps you could invest in Bitcoin.

Such small minds on this board


Sent from my iPhone using USMessageBoard.com

Markets coming back...they always do and the savvy traders made money (or will)

 

[Thinker101]

"Dow is set to plunge nearly 500 points as China announces new tariffs today".

Thank you President Trump...glad I am still more than a decade away from retirement, though that may not be enough time to undo the damage this moron will do.

Better sell now, sell everything. Perhaps you could invest in Bitcoin.

Such small minds on this board


Sent from my iPhone using USMessageBoard.com

Yup, too bad yours is as small as they get.

 

[postman]

Trump promised to work to make Americans rich. The only people he’s making richer are his family and billionaire cronies.

Trump promised to make Americans rich?

Yes, Trump promised to make Americans rich, but not all of them. Trump also promised to drain the swamp.

 

[HappyJoy]

Trump promised to work to make Americans rich. The only people he’s making richer are his family and billionaire cronies.

Trump promised to make Americans rich?

Yes, Trump promised to make Americans rich, but not all of them. Trump also promised to drain the swamp.

He did drain the swamp, and the drain pipes lead right to D.C.

 

[Harpy Eagle]

"Dow is set to plunge nearly 500 points as China announces new tariffs today".

Thank you President Trump...glad I am still more than a decade away from retirement, though that may not be enough time to undo the damage this moron will do.

Better sell now, sell everything. Perhaps you could invest in Bitcoin.

Such small minds on this board


Sent from my iPhone using USMessageBoard.com

Yup, too bad yours is as small as they get.

ohhhh...that will teach me!

 

[EGR one]

The market goes up, and the market goes down. That is why it is called a market. Buy low, sell high and prosperity shall overtake you.

Long term, the stock market is a good investment. Short term, it is, and always has been, a gamble.

Anyone who needs their investments for a secure retirement, and is within ten years of retirement, should be shifting from the stock market into more stable instruments.

 

[TomParks]

"Dow is set to plunge nearly 500 points as China announces new tariffs today".

Thank you President Trump...glad I am still more than a decade away from retirement, though that may not be enough time to undo the damage this moron will do.

Better sell now, sell everything. Perhaps you could invest in Bitcoin.

Such small minds on this board


Sent from my iPhone using USMessageBoard.com

Markets coming back...they always do and the savvy traders made money (or will)

Yep another sky is falling moment today.....Trump has the right staff to deal with China

 

[Thinker101]

"Dow is set to plunge nearly 500 points as China announces new tariffs today".

Thank you President Trump...glad I am still more than a decade away from retirement, though that may not be enough time to undo the damage this moron will do.

Better sell now, sell everything. Perhaps you could invest in Bitcoin.

Such small minds on this board


Sent from my iPhone using USMessageBoard.com

Yup, too bad yours is as small as they get.

ohhhh...that will teach me!

Although I highly doubt if you've learned anything.

 

[SassyIrishLass]

"Dow is set to plunge nearly 500 points as China announces new tariffs today".

Thank you President Trump...glad I am still more than a decade away from retirement, though that may not be enough time to undo the damage this moron will do.

Better sell now, sell everything. Perhaps you could invest in Bitcoin.

Such small minds on this board


Sent from my iPhone using USMessageBoard.com

Markets coming back...they always do and the savvy traders made money (or will)

Yep another sky is falling moment today.....Trump has the right staff to deal with China

I bought more on one I am in on this morning...already up .29 on it

 

[postman]

Trump promised to work to make Americans rich. The only people he’s making richer are his family and billionaire cronies.

Trump promised to make Americans rich?

Yes, Trump promised to make Americans rich, but not all of them. Trump also promised to drain the swamp.

He did drain the swamp, and the drain pipes lead right to D.C.

Are you trying to say that renting a room from a lobbyist, who threw in access to the whole house, including guests sleeping there for free, in the heart of Washington DC for $50 a night isn't an example of draining the swamp?