24hourcampfire.com
24hourcampfire.com
-->
Previous Thread
Next Thread
Print Thread
Hop To
Page 2 of 5 1 2 3 4 5
Joined: Sep 2013
Posts: 1,522
P
Campfire Regular
Online Content
Campfire Regular
P
Joined: Sep 2013
Posts: 1,522
I second the notion that it'll be rough until the election.

If D.J.T. is re-elected, we'll have to hear about COVID for as long as CNN thinks it has legs, but everybody knows we're pretty close to a vaccine.

If Biden is elected, our tax and trade policies will go to crap, but I don't think there will be a crash, just six years of stagnation like we had under Obama (after he "led us out of the recession"), with the media telling us how great it is the entire time. The worst thing is, we will spend lots of money defending institutions and policies that promote crashes like we did with the '08-'10 bailouts.

I've got a pretty big chunk in a 401K. All mutual funds. I've also got about $1,800 in a RobinHood account I started about 6 months ago. I had always wanted to play the market (like, since I was 13), so I finally started dabbling. I've traded around and have some margin trades floating around out there, but nothing TOO risky, it's been up as high as $2,150 a week ago. Down to about $1,850 today. LOTS of upside (like double-triple my portfolio), if we ever get dug out of this. Gonna be a wild ride.

I entered in to it with the understanding (even with my 401K's) that stock and commodity markets are functionally somewhere between a Ponzi Scheme and Blackjack with better research. But Social Security isn't a sure thing either..............

GB1

Joined: Dec 2013
Posts: 44,198
Campfire 'Bwana
Online Content
Campfire 'Bwana
Joined: Dec 2013
Posts: 44,198
Originally Posted by Jim_Conrad
The make believe of the stock market has been greatly improved by day traders.






No kidding, bro. My liberal brother is one. What an ass clown.

But, now he's actually talking a little Trump to my little brother. Probably because he's worried and doesn't want to have his ass handed to him in the form of huge taxes by Shoot Em in the Leg Joe. Might stress the budget at his Redneck Beach crib and all.


Slaves get what they need. Free men get what they want.

Rehabilitation is way overrated.

Orwell wasn't wrong.

GOA member
disappointed NRA member

24HCF SEARCH
Joined: Aug 2005
Posts: 10,722
Campfire Outfitter
Online Content
Campfire Outfitter
Joined: Aug 2005
Posts: 10,722
Originally Posted by Sponxx
Originally Posted by rockinbbar
I bet they do until after the election...

And if Biden wins, there will be a sell off of epic proportions. Epic.


Time to buy some? whistle


I placed an order for FZROX today with a little extra cash. 401(k) has been left alone.

Last edited by centershot; 10/28/20.

A true sportsman counts his achievements in proportion to the effort involved and fairness of the sport. - S. Pope
Joined: Dec 2013
Posts: 13,030
Campfire Outfitter
Online Content
Campfire Outfitter
Joined: Dec 2013
Posts: 13,030
I believe the market is expressing fear that Trump will lose. Ms. Harris scares the market. Anyone that is sure of Trump winning might ought to jump in. I'm down 2.65% today.The only winners I have are Generac and TEVA Pharmaceuticals. Gold, silver, and platinum are all down. GDX was down over 6%.


Patriotism (and religion) is the last refuge of a scoundrel.

Jesus: "Take heed that no man deceive you."
Joined: Dec 2013
Posts: 13,030
Campfire Outfitter
Online Content
Campfire Outfitter
Joined: Dec 2013
Posts: 13,030
Originally Posted by centershot
I placed an order for FZROX today with a little extra cash. 401(k) has been left alone.
What is FZROX?


Patriotism (and religion) is the last refuge of a scoundrel.

Jesus: "Take heed that no man deceive you."
IC B2

Joined: Sep 2013
Posts: 1,522
P
Campfire Regular
Online Content
Campfire Regular
P
Joined: Sep 2013
Posts: 1,522
The market frets that the election may not come to a conclusion by Nov. 4. The winner is secondary and the only thing scarier than Kamala is a vacuum.

On top of that, no stimulus till after the election (and even then, maybe not). Airlines and all related industries in the toilet. Couple million gallons a day of jet fuel not being used is killing the energy sector. No wars to keep Aerospace outfits cranking out munitions and parts for.

Plenty for the DOW to be down over besides Slow Joe and the Cameltoe.

Joined: Jul 2018
Posts: 10,671
Campfire Outfitter
Offline
Campfire Outfitter
Joined: Jul 2018
Posts: 10,671
Originally Posted by Hastings
I believe the market is expressing fear that Trump will lose. Ms. Harris scares the market. Anyone that is sure of Trump winning might ought to jump in. I'm down 2.65% today.The only winners I have are Generac and TEVA Pharmaceuticals. Gold, silver, and platinum are all down. GDX was down over 6%.

I think it's more a reflection of an increased chance of a contested election.


Progressives are the most open minded, tolerant, and inclusive people on the planet, as long as you agree with everything they say, and do exactly as you're told.
Joined: Mar 2016
Posts: 2,199
I
Campfire Regular
Offline
Campfire Regular
I
Joined: Mar 2016
Posts: 2,199
Originally Posted by JakeBlues
It's a double whammy. They're screaming COVID which always works for them, and it's an excuse for the market to sell off which is bad for sentiment right before the election.




Didn't move your money did you?

Joined: Nov 2003
Posts: 28,411
O
Campfire Ranger
Offline
Campfire Ranger
O
Joined: Nov 2003
Posts: 28,411
Baron Rothschild:

Buy when the cannons are booming.
Sell when the church bells are ringing.


The degree of my privacy is no business of yours.

What we've learned from history is that we haven't learned from it.
Joined: Nov 2015
Posts: 4,859
E
Campfire Tracker
Offline
Campfire Tracker
E
Joined: Nov 2015
Posts: 4,859
[Linked Image from tenor.com]


"He is far from Stupid"

”person, who happens to have an above-average level of intelligence


– DocRocket (In reference to ElkSlayer91)



IC B3

Joined: Sep 2011
Posts: 60,739
W
Campfire Kahuna
Offline
Campfire Kahuna
W
Joined: Sep 2011
Posts: 60,739
Corn, and beans as well, not cattle, Whew!


These premises insured by a Sheltie in Training ,--- and Cooey.o
"May the Good Lord take a likin' to you"
Joined: Nov 2015
Posts: 4,859
E
Campfire Tracker
Offline
Campfire Tracker
E
Joined: Nov 2015
Posts: 4,859
Originally Posted by MAC
Got out of the market a long time ago. I'm going to retire with 3 pensions so I decided I didn't need or want the aggravation.

So, you think you're out of the market?


"He is far from Stupid"

”person, who happens to have an above-average level of intelligence


– DocRocket (In reference to ElkSlayer91)



Joined: Sep 2011
Posts: 60,739
W
Campfire Kahuna
Offline
Campfire Kahuna
W
Joined: Sep 2011
Posts: 60,739
I jumped out the window! Luckily I was in the basement.


These premises insured by a Sheltie in Training ,--- and Cooey.o
"May the Good Lord take a likin' to you"
Joined: Nov 2015
Posts: 4,859
E
Campfire Tracker
Offline
Campfire Tracker
E
Joined: Nov 2015
Posts: 4,859
Originally Posted by JCMCUBIC
I've got a few years, like 20, before I need to start juggling things to less risky investments.....so I just keep adding at a set pace and will let it ride.

There was a point in time back in history, when people in Venezuela and Cuba were in their 40's and thought they had 20 more years too...


"He is far from Stupid"

”person, who happens to have an above-average level of intelligence


– DocRocket (In reference to ElkSlayer91)



Joined: Nov 2015
Posts: 4,859
E
Campfire Tracker
Offline
Campfire Tracker
E
Joined: Nov 2015
Posts: 4,859
Originally Posted by shawlerbrook
This happens often in late October. If it really tanks another great buying opportunity. The DOW was at 18,000 in late March/early April after the Covid hit and went up to 28,000 after.

Not every "tank" creates a dead cat bounce.

That's what makes men try to fly without wings.


"He is far from Stupid"

”person, who happens to have an above-average level of intelligence


– DocRocket (In reference to ElkSlayer91)



Joined: Oct 2005
Posts: 79,321
B
Campfire Oracle
Offline
Campfire Oracle
B
Joined: Oct 2005
Posts: 79,321
Both the stock market and the price of gold is being manipulated.

Joined: Nov 2003
Posts: 28,411
O
Campfire Ranger
Offline
Campfire Ranger
O
Joined: Nov 2003
Posts: 28,411
Originally Posted by ElkSlayer91
Originally Posted by JCMCUBIC
I've got a few years, like 20, before I need to start juggling things to less risky investments.....so I just keep adding at a set pace and will let it ride.

There was a point in time back in history, when people in Venezuela and Cuba were in their 40's and thought they had 20 more years too...


Good point, especially as it relates to the elections.

I hope whitey is fully awake and cognizant on what’s at stake on this election season.


The degree of my privacy is no business of yours.

What we've learned from history is that we haven't learned from it.
Joined: Jun 2006
Posts: 13,401
Campfire Outfitter
Offline
Campfire Outfitter
Joined: Jun 2006
Posts: 13,401
Down over 5% this week, today wasn’t a bad time to buy a little....


“There are some who can live without wild things and some who cannot.”
ALDO LEOPOLD
Joined: Nov 2009
Posts: 10,364
S
Campfire Outfitter
Offline
Campfire Outfitter
S
Joined: Nov 2009
Posts: 10,364

Buying opportunity. I added a big chunk to my S&P Vanguard account back in March.


www.paracay.com



It's better to live rich than die rich. Live simply so that I may simply live large.
Joined: Jul 2018
Posts: 10,671
Campfire Outfitter
Offline
Campfire Outfitter
Joined: Jul 2018
Posts: 10,671
Apple, Amazon, Google, Facebook, Comcast and Twitter report earnings tommorow. Should be interesting.


Progressives are the most open minded, tolerant, and inclusive people on the planet, as long as you agree with everything they say, and do exactly as you're told.
Page 2 of 5 1 2 3 4 5

Moderated by  RickBin 

Link Copied to Clipboard
AX24

589 members (10Glocks, 1234, 1Longbow, 1beaver_shooter, 17CalFan, 10gaugeman, 58 invisible), 2,621 guests, and 1,057 robots.
Key: Admin, Global Mod, Mod
Forum Statistics
Forums81
Topics1,191,313
Posts18,468,297
Members73,928
Most Online11,491
Jul 7th, 2023


 


Fish & Game Departments | Solunar Tables | Mission Statement | Privacy Policy | Contact Us | DMCA
Hunting | Fishing | Camping | Backpacking | Reloading | Campfire Forums | Gear Shop
Copyright © 2000-2024 24hourcampfire.com, Inc. All Rights Reserved.



Powered by UBB.threads™ PHP Forum Software 7.7.5
(Release build 20201027)
Responsive Width:

PHP: 7.3.33 Page Time: 0.111s Queries: 15 (0.003s) Memory: 0.9011 MB (Peak: 1.0518 MB) Data Comp: Zlib Server Time: 2024-04-25 15:51:25 UTC
Valid HTML 5 and Valid CSS