You still worried about becoming the 51st. Lol

Oh geeze.

Kansas cat i own them also for a few years still DCA in them

Stephen 49, can you give me an example of a good recession?

Called correction not recession. Things way over priced. Too much claiming what it’s worth versus it’s actual worth. Make a list of things that fit that description. You will need lots of paper and few days off work

It's a part of the free market. Its not without pain.

How are tarriffs part of a free market?

Trying to time the market? Geez how many in the world are trying to do that and throughout history too?
Just buy smart and solid pics and feed a steady diet to your portfolios.
I can look at my own portfolio and always say geez I should have bought this or that, but it doesn’t change anything. I buy what I know at the time and move forward. It’s been a solid approach for my lifetime. Even in up and down markets you still own same number of shares so keep the foot on the gas.
It’s a long view investment. Unless you are a day or options trader and no faster way to lose your butt that I know of.
Buffet had it right when he said if he wouldn’t own it for ten years then he didn’t want to own it.
Now if you want my opinion on trends up or down, I am buying a little more defensive stance stocks now. We’ve hit records recently and it’s been a pretty good climb up for some time. I didn’t like and still don’t like the long (This word is unacceptable on Trapperman) inverted rate curve we lived with for longest stretch in history and that it went back to inversion recently. That’s been a pretty consistent predictor of recessions. But on down years, what a great time to buy to ride the next wave up.
There’s always the presidential cycle impact too. We get decent trends up for about three years after elections, but that fourth year when there is uncertainty of who is coming into office…those can be down years.
But best approach is just buy solid good companies and feed it a steady diet. If you make a wrong pic own it and learn from it but keep the foot on the gas. Accumulate shares one enjoy them over time.
Jim

Blaine, I'm not worried about the world market only ours.

Tarrifs are a tax same as sales tax, excise tax, Pittman Robertson tax, income tax.

Tariffs won't send us into a recession like cutting spending will. Are you against decreasing the size of government?

You dodged the question about tariffs. As for the "world market", you are hundreds of years too late. "Our" market is intertwined with a larger "world" market.

Of course I am for decreasing the size and spending of the U.S. government. But it must be orderly and efficient. What we are seeing from D.C. is not even in the zip code of orderly or efficient. It is chaos.

Thanks Dirt. I remember now the piece I was reading said that DISCRETIONARY spending was 6 % of GDP

Hoping for a correction and not a recession but things are going south again today.

You guys that keep pushing the long term strategy, remember I am investing for an 84 year old. What's the long term here?

No snark intended here but that person probably has beneficiaries. They are the ones that you should be viewing as long term holders. Stepped up basis after the departure of the primary is involved. Goal #1 is to provide for the primary. Just because there may be a difference in goals, doesn't mean you cant maximize more than one variable.

Dirt what you are asking is almost impossible unless there is a significant balance.

Time frame is too short to expose herself to much risk.

I have to watch myself and think of my primary responsibility, not my secondary. However, it also was the goal to leave beneficiaries money too. Hence trying to keep the pot growing and provide for the 84 year old at the same time.

Exactly !. I am sure you will manage it too !

What do you expect with an 18 month window to try and unwind 50 years of bad policies. I didn't dodge the question so much. I would like a free market with fair trade.

I'd like a secure border.

I'd like it so my daughters and granddaughters don't have a dude competing in sports against them or in their bathroom

I'd like to get out of forever conflicts.

I'm giddy they reigned in USAID,

That is not to say there aren't some things I don't like.

Every one he primaries against would have been more of the same.

Dirt, do the best you can. At the end of the day, the only factor is seeing the primary maintains her assets to see to her care.

No sense exposing her assets to unnecessary risk to protect the beneficiaries interest

White17 and Steven 49er. Spot on.

As far as tariffs. It was either tariff's or Raise everyone tax’s. Tariffs lesser of the 2 evils!!!! IMO!!!!