I am curious what your thoughts are as to what is up with the stock market. It has mostly been dropping since the end of July. Our overall portfolio value is down about 10% in that time despite adding to it through payroll deductions. We have several accounts so it is not just 1 lousy performing account.
Look at the idiots that are running this country. There’s your answer.
This. Although they aren't idiots. They are intelligently busting out the nation. Biden is just their empty suit.
The idea of a bust out is to take full advantage of a nation's (or a business's) credit line to spend as much as possible, thus lining their own pockets, for as long as a nation's credit holds out, and when the ruined hulk of a nation collapses, they leave the people of that nation holding the bag.
In a word, bidenomics, old friend. Print money, steal the value of yours for the purpose of buying votes. The dollar becomes more worthless until the world gives up on it. Cloward Piven, destruction for marxist takeover. All the best. Godspeed, TR
after bombing and sanctioning more then half the world which the suicidal boomers cheer on the rest of the world is teaming up to get away from the dollar. it will take time but it will happen and it will be mad max time in the US and the more I see how dumb the people are they might deserve it. If I had power I would after getting all young girls working there out I would napalm war street. they produce nothing but swindles con jobs lowlifes thieves and grifters. big companies never put a dime into making better products just put the profits into stock buy back to enrich the bosses then run away with the loot
I parked most of mine when they stole the office and pot the puppet in. A while back my broker was telling me how I missed the run up to 35k on the dow and wanted to put me back in. I said no I'll wait until it comes back down. I'm doing cd ladders at around 5.5%.
after bombing and sanctioning more then half the world which the suicidal boomers cheer on the rest of the world is teaming up to get away from the dollar. it will take time but it will happen and it will be mad max time in the US and the more I see how dumb the people are they might deserve it. If I had power I would after getting all young girls working there out I would napalm war street. they produce nothing but swindles con jobs lowlifes thieves and grifters. big companies never put a dime into making better products just put the profits into stock buy back to enrich the bosses then run away with the loot
The short answer is betting on a stock to lose value. I do not know all the Ins and outs of it, but I understand you can lose much more than you invest if you’re wrong. If you’ve never seen the movie “The Big Short”, it is worth a watch.
Everbody kept saying the S&P was going down to 3200-3400. Hasn’t happened, but, in a way, by staying STAGNANT in an inflationary environment, it kinda HAS….
Heck, the Dow should probably be at 40-45k to make up for the inflation we’ve seen, and here we sit, at $32–$35k, just like it was 3-4 years ago (with the exception of the Covid dip/recovery).
after bombing and sanctioning more then half the world which the suicidal boomers cheer on the rest of the world is teaming up to get away from the dollar. it will take time but it will happen and it will be mad max time in the US and the more I see how dumb the people are they might deserve it. If I had power I would after getting all young girls working there out I would napalm war street. they produce nothing but swindles con jobs lowlifes thieves and grifters. big companies never put a dime into making better products just put the profits into stock buy back to enrich the bosses then run away with the loot
You are a bot.
He makes some good points. It does seem the USA has a death wish.
The country has been looted. The vultures are circling in pretty close.
We will have happen to us what happened to the Soviet Union. Just go bankrupt and collapse. Except in the case of the defunct Soviet Union there was a USA to send food and help. No one will help us when the bankers drop the hammer.
Patriotism (and religion) is the last refuge of a scoundrel.