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Re: Stock market question? [Re: Dirt] #8359170
03/06/25 06:54 PM
03/06/25 06:54 PM
Joined: Dec 2006
East-Central Wisconsin
B
bblwi Offline
trapper
bblwi  Offline
trapper
B

Joined: Dec 2006
East-Central Wisconsin
If Medicaid is greatly lowered or eliminated I would hope that Congress would be willing to pass a death with dignity or assissted suicide bill for the nation so that our elders can leave without having to perish in horrible conditions or the wealth of all generations get used to extend life. If we want the government to lower the quality of options for our elderly and poor to live they should pass options that can be used.

Bryce

Re: Stock market question? [Re: bblwi] #8359206
03/06/25 07:57 PM
03/06/25 07:57 PM
Joined: Feb 2020
Indiana
P
Providence Farm Offline
trapper
Providence Farm  Offline
trapper
P

Joined: Feb 2020
Indiana
Originally Posted by bblwi
When younger and building a portfolio, going through the cycles was not an issue for me as I was not pulling out funds. Today that is different and I am more market exposed then most investors my age. (77). Now when one needs to pull out funds it is not good to be pulling out when the markets are down. I had older friends that needed to do that in 2008-009 and it cost them lots of money. We have enough to cover some major construction and moving expenses but I am meeting with our planner next week to discuss our future. Right now interest rates in the 4-5% range make lowering some exposure more attractive. I don't like the market going down but we may have more uncertainty and rising costs in just living over the short term than investments. Companies will still keep producing and making money if consumers will pay the increased costs. Now we have daily announcements that create uncertainty.

Bryce


A bit late now but this is why of you need to withdraw 5% a year on the good years when your up 20%+ take out the double what you need and put it in a safe low return investment over the years and then on down years your not forced to sell at a loss instead taking out of the safety net fund.

Last edited by Providence Farm; 03/06/25 07:58 PM.
Re: Stock market question? [Re: Dirt] #8359253
03/06/25 08:44 PM
03/06/25 08:44 PM
Joined: Dec 2006
East-Central Wisconsin
B
bblwi Offline
trapper
bblwi  Offline
trapper
B

Joined: Dec 2006
East-Central Wisconsin
We took out 5 years of growth last fall. Still hurts to see it bob like a bobber in the wave because politicians change their minds every day. Trying to run an international or global business in this environment creates a lot of caution which really lowers growth.

Bryce

Re: Stock market question? [Re: danvee] #8404469
05/16/25 12:08 PM
05/16/25 12:08 PM
Joined: Jan 2007
central Haudenosaunee, the De...
W
white marlin Offline
trapper
white marlin  Offline
trapper
W

Joined: Jan 2007
central Haudenosaunee, the De...
Originally Posted by danvee
The market slide is starting hang on going to be a tough one Im afraid.



how about an update, danvee...

Re: Stock market question? [Re: Dirt] #8404510
05/16/25 01:21 PM
05/16/25 01:21 PM
Joined: Mar 2010
wyoming southeast
D
danvee Offline
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danvee  Offline
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Joined: Mar 2010
wyoming southeast
Rat I think your mistaken about a trust keeping money from the old folks home they been through it with several folks and a trust didnt keep the nursing home from collecting monthly fees

Re: Stock market question? [Re: Dirt] #8404511
05/16/25 01:22 PM
05/16/25 01:22 PM
Joined: Mar 2010
wyoming southeast
D
danvee Offline
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danvee  Offline
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Joined: Mar 2010
wyoming southeast
White marlin as far as the market its not over POTUS farts and it will drop I hope not but over 3 years to go and lots more executive orders.

Re: Stock market question? [Re: danvee] #8404514
05/16/25 01:29 PM
05/16/25 01:29 PM
Joined: Feb 2020
Indiana
P
Providence Farm Offline
trapper
Providence Farm  Offline
trapper
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Joined: Feb 2020
Indiana
Originally Posted by danvee
White marlin as far as the market its not over POTUS farts and it will drop I hope not but over 3 years to go and lots more executive orders.


You don't study history much do you? Look at Trumps last term and what the markets did. He is just laying ground work. Did you buy in the dip? if so and you think it going to drop sell and wait for the drop.

I hope it drops again I sat back and didn't go all in and missed the bottom. Your right fart in the wind and it will drop again. That's what markets do.

Re: Stock market question? [Re: danvee] #8404537
05/16/25 02:44 PM
05/16/25 02:44 PM
Joined: Jan 2007
central Haudenosaunee, the De...
W
white marlin Offline
trapper
white marlin  Offline
trapper
W

Joined: Jan 2007
central Haudenosaunee, the De...
Originally Posted by danvee
White marlin as far as the market its not over POTUS farts and it will drop I hope not but over 3 years to go and lots more executive orders.


and yet you yelled "The sky is falling! The sky is Falling!" all over the place when it first went down.

typical liberal tactic to scream bloody murder when the "other guy" makes a move, but you'll ignore the impacts from your own guy's decisions.

so predictable...you, BC and a few others.

Last edited by white marlin; 05/16/25 02:46 PM.
Re: Stock market question? [Re: danvee] #8404576
05/16/25 03:51 PM
05/16/25 03:51 PM
Joined: Aug 2012
South Dakota
R
Rat Masterson Offline
trapper
Rat Masterson  Offline
trapper
R

Joined: Aug 2012
South Dakota
Originally Posted by danvee
Rat I think your mistaken about a trust keeping money from the old folks home they been through it with several folks and a trust didnt keep the nursing home from collecting monthly fees


I said holdings, like a farm, which if put in an irrevocable trust after so many years can not be touched by a nursing home. I know a guy that did it.

Re: Stock market question? [Re: Dirt] #8404786
05/16/25 10:04 PM
05/16/25 10:04 PM
Joined: May 2010
MN
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
MN
Rat, I think it's 5 years.

80 billion give or take in QE the last few weeks.


"Gold is money, everything else is just credit" JP Morgan
Re: Stock market question? [Re: Steven 49er] #8404969
05/17/25 10:29 AM
05/17/25 10:29 AM
Joined: Dec 2010
Armpit, ak
D
Dirt Offline OP
trapper
Dirt  Offline OP
trapper
D

Joined: Dec 2010
Armpit, ak
Originally Posted by Steven 49er
Rat, I think it's 5 years.

80 billion give or take in QE the last few weeks.



It varies by State law. I think they will start raising it higher yet to prevent this scheme. People sure like to avoid paying their bills when they can put them on the taxpayer. That is what makes them morally superior to me. smile


Who is John Galt?
Re: Stock market question? [Re: bblwi] #8405359
05/18/25 10:40 AM
05/18/25 10:40 AM
Joined: Jan 2008
USA MN
Snowpa Offline
trapper
Snowpa  Offline
trapper

Joined: Jan 2008
USA MN
Originally Posted by bblwi
If Medicaid is greatly lowered or eliminated I would hope that Congress would be willing to pass a death with dignity or assissted suicide bill for the nation so that our elders can leave without having to perish in horrible conditions or the wealth of all generations get used to extend life. If we want the government to lower the quality of options for our elderly and poor to live they should pass options that can be used.

Bryce

If the Government does this It will target a younger group next move and try to eliminate SS or lower the cost by a form of genocide. Covid failed to do it but may come back with a vengeance.


Never Confuse Stupid With Crazy
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