Re: Dow at 25,954
[Re: Gary Benson]
#6469594
02/22/19 07:57 AM
02/22/19 07:57 AM
|
Joined: Dec 2006
Posts: 21,716 Sandhills Nebraska
Gary Benson
OP
trapper
|
OP
trapper
Joined: Dec 2006
Posts: 21,716
Sandhills Nebraska
|
I made the YUGE mistake of pulling out when it dropped to 12000 as I didn't want to lose it all. Wish now I'd have left it alone. Hindsight is 20/20.
Life ain't supposed to be easy.
|
|
|
Re: Dow at 25,954
[Re: dugit]
#6469613
02/22/19 08:27 AM
02/22/19 08:27 AM
|
Joined: May 2010
Posts: 10,531 MN
Steven 49er
trapper
|
trapper
Joined: May 2010
Posts: 10,531
MN
|
wow Thats liberal math. It's a lot easier to double 10000 then it is to double 20000. Trump has to get it to 30000 (a 10000 increase) to do the same as Obama did. Obama took 8 years to do it. Trump is well over half way there in 2 years. Um.......Wrong. Percentages are what matters not points. White has pretty much nailed it. If anyone really wants to know why the stock market is where it is they will look at policies and actions by central banks across the world. The debate is are the risks they have taken going to be worth it.
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
|
|
|
Re: Dow at 25,954
[Re: Andy27]
#6469804
02/22/19 11:23 AM
02/22/19 11:23 AM
|
Joined: Jan 2009
Posts: 6,683 PA
gryhkl
trapper
|
trapper
Joined: Jan 2009
Posts: 6,683
PA
|
Andrew, Trump has already beaten the Obama 8 years in only 2. You don't know much about the stock market if you believe that. When Obama started his presidency the Dow was around 10-11 thousand, when he left it was around 21000. That means it doubled. I didn't start buying stocks on my own through Scottrade until 2009. It has been a great run. I even retired a couple years early because of the cushion it gave me. I don't know if I should thank Bush for putting the market into the tank so that I could get everything so cheap, or Obama for making it climb so fast. I hope trump keeps it going for another year or so.
|
|
|
Re: Dow at 25,954
[Re: white17]
#6469918
02/22/19 01:27 PM
02/22/19 01:27 PM
|
Joined: Dec 2010
Posts: 11,217 Armpit, ak
Dirt
trapper
|
trapper
Joined: Dec 2010
Posts: 11,217
Armpit, ak
|
Fed is not currently buying securities. In fact they would like to sell the ones they bought but that seems to put downward pressure on the market. Consequently, they are backing off of winding down their balance sheet. I didn't know the Fed was mandated to help the stock market?
Who is John Galt?
|
|
|
Re: Dow at 25,954
[Re: Gary Benson]
#6470093
02/22/19 04:52 PM
02/22/19 04:52 PM
|
Joined: Dec 2010
Posts: 11,217 Armpit, ak
Dirt
trapper
|
trapper
Joined: Dec 2010
Posts: 11,217
Armpit, ak
|
So what everybody seems to be saying is presidents control the stock market. Kind of like a command economy?
Who is John Galt?
|
|
|
Re: Dow at 25,954
[Re: Dirt]
#6470117
02/22/19 05:45 PM
02/22/19 05:45 PM
|
Joined: Dec 2006
Posts: 7,220 Three Lakes,WI 72
corky
trapper
|
trapper
Joined: Dec 2006
Posts: 7,220
Three Lakes,WI 72
|
So what everybody seems to be saying is presidents control the stock market. Kind of like a command economy? Control - no, influence - yes
|
|
|
Re: Dow at 25,954
[Re: Gary Benson]
#6470122
02/22/19 05:58 PM
02/22/19 05:58 PM
|
Joined: Dec 2010
Posts: 11,217 Armpit, ak
Dirt
trapper
|
trapper
Joined: Dec 2010
Posts: 11,217
Armpit, ak
|
So when a president signs a bill to bail out failed wall street banks, that is just influencing the market? Or when they whine anytime the Fed wants to raise interest rates to anywhere near normal that there is influence? Whining is probably just influence.
Who is John Galt?
|
|
|
Re: Dow at 25,954
[Re: Gary Benson]
#6470568
02/23/19 01:17 AM
02/23/19 01:17 AM
|
Joined: May 2010
Posts: 10,531 MN
Steven 49er
trapper
|
trapper
Joined: May 2010
Posts: 10,531
MN
|
With the way the Fed and the federal government has inflated the money supply the last several years, the stock market had no way to go but up.
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
|
|
|
Re: Dow at 25,954
[Re: Steven 49er]
#6470589
02/23/19 02:32 AM
02/23/19 02:32 AM
|
Joined: Mar 2010
Posts: 2,961 South Dakota
Hydropillar
trapper
|
trapper
Joined: Mar 2010
Posts: 2,961
South Dakota
|
With the way the Fed and the federal government has inflated the money supply the last several years, the stock market had no way to go but up. x2 oh but inflation is tame.... its where we want it to be...yadda yadda a very small candy bar and a pop is 5 bucks hmmm
The only place you find free cheese is in a mousetrap !
|
|
|
Re: Dow at 25,954
[Re: Gary Benson]
#6470644
02/23/19 07:51 AM
02/23/19 07:51 AM
|
Joined: Aug 2013
Posts: 8,387 Firth, Nebraska
jabNE
trapper
|
trapper
Joined: Aug 2013
Posts: 8,387
Firth, Nebraska
|
Keep buying over time. Whether up or down you still own same number of shares and history shows it's a good return over time. Diversify, blend, periodically rebalance, whatever your strategy, but keep buying and building portfolios. Jim
Money cannot buy you happiness, but it can buy you a trapping license and that's pretty close.
|
|
|
|
|