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Joined: Nov 2009
Posts: 10,364
Campfire Outfitter
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OP
Campfire Outfitter
Joined: Nov 2009
Posts: 10,364 |
Now that we know Biden will be the next President here are a few comments on the stock market:
The Stock market likes the low interest rates and the probability that the Democrats will continue to print money and dump it from the skies. Our company has so far received over 200k in tax free money and there is likely more to come. This money must be used for payroll and "related expenses".
Also, contrary to what the MSM would have you believe there are millions of people who are not "one paycheck from debtor's prison". There are many million mid to upper level executive and professional workers who are working from home and banking the big bucks that are saved by not commuting and not spending because of the lockdowns. The personal savings rate is at an all time high. This means there is tremendous pent up demand that will break loose once the ChiCom virus is tamed. The Stock Market is forward looking.
That is why, even at these record levels, I am bullish on the markets. Airlines, resort stocks, and other leisure related stocks would be good plays. I don't usually buy individual stocks but recently I bought Boeing and took a flyer on Southwest Airlines. Disney might still be a good bet, also Alaska and Delta.
www.paracay.comIt's better to live rich than die rich. Live simply so that I may simply live large.
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Joined: Nov 2005
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Campfire Kahuna
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Campfire Kahuna
Joined: Nov 2005
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With all due respect...please f u c k the hell off.
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Joined: May 2016
Posts: 60,378
Campfire Kahuna
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Campfire Kahuna
Joined: May 2016
Posts: 60,378 |
With all due respect...please f u c k the hell off. Hahaha!
I am MAGA.
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Joined: Nov 2003
Posts: 28,411
Campfire Ranger
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Campfire Ranger
Joined: Nov 2003
Posts: 28,411 |
Might want to look hard at the entertainment, cruise line industry also.
I agree that there is much pent up spending laying around out there..
The degree of my privacy is no business of yours.
What we've learned from history is that we haven't learned from it.
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Joined: Jan 2010
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Campfire Outfitter
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Campfire Outfitter
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Invest in China if wrinkly balls actually signs in before being signed out
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Joined: Mar 2011
Posts: 8,217
Campfire Outfitter
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Campfire Outfitter
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Some of you guys seem to think that things are gonna be allowed to return to the way they were.
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Joined: Dec 2013
Posts: 44,306
Campfire 'Bwana
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Campfire 'Bwana
Joined: Dec 2013
Posts: 44,306 |
Now that we know Biden will be the next President here are a few comments on the stock market:
The Stock market likes the low interest rates and the probability that the Democrats will continue to print money and dump it from the skies. Our company has so far received over 200k in tax free money and there is likely more to come. This money must be used for payroll and "related expenses".
Also, contrary to what the MSM would have you believe there are millions of people who are not "one paycheck from debtor's prison". There are many million mid to upper level executive and professional workers who are working from home and banking the big bucks that are saved by not commuting and not spending because of the lockdowns. The personal savings rate is at an all time high. This means there is tremendous pent up demand that will break loose once the ChiCom virus is tamed. The Stock Market is forward looking.
That is why, even at these record levels, I am bullish on the markets. Airlines, resort stocks, and other leisure related stocks would be good plays. I don't usually buy individual stocks but recently I bought Boeing and took a flyer on Southwest Airlines. Disney might still be a good bet, also Alaska and Delta.
Tax free? Maybe for that company, but not for you.. or actual hard working folks.
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
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Joined: Nov 2003
Posts: 28,411
Campfire Ranger
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Campfire Ranger
Joined: Nov 2003
Posts: 28,411 |
Some of you guys seem to think that things are gonna be allowed to return to the way they were. Not at all.
The degree of my privacy is no business of yours.
What we've learned from history is that we haven't learned from it.
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Joined: Jul 2010
Posts: 1,950
Campfire Regular
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Campfire Regular
Joined: Jul 2010
Posts: 1,950 |
I will partly agree to that. My wife manages our retirement money. They are looking for a short boom from being cooped up during covid. However in a year or two after covid, with Democrats uncontrolled spending, Green New Deal, etc, will require higher taxes plus inflation will kick in thus causing a market crash. Also, if we stop drilling for oil and gas and end up becoming an importer again, then the dollar will loose much of its value in the market, and may not even be the dominant currency, another thus causing a market crash.
Globalists want the US to become just another country, not the dominant economy. There are three things that control the world; political, economic, and military dominance. Democrats will loose the political and economic dominance. Only our nukes will help keep the third dominance.
Trump had all three for a while. No one started a war, we dominated economically and militarily and because we no longer had to import oil, he obtained peace between several Arab countries and Israel, unheard of for the last 50 years. This will all blow open if we have to start importing oil again. Higher oil prices means higher gasoline, diesel, anything made of plastics, thus causing high inflation, and more wars to be involved in.
Democrats are nothing more than crooks along with some Republicans taking money in their back pockets from the highest bidders. Trump took no salary and was beholden to no one. I just wish he was a more polished speaker like Reagan and could have swayed many over from the so called middle. Mighty strange most long term politicians are mulit-millionaires on their salaries. Check out the net worth alongside the length in office of these politicians. Where did they get all that money? It wasn't with their 401-k's.
Last edited by Dixie_Dude; 01/18/21.
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Posts: 4,579
Campfire Tracker
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Campfire Tracker
Joined: Jan 2004
Posts: 4,579 |
And wait for a whole slew of new regulations, especially on banks, financial markets, etc. That will begin to weigh on some stocks. The other thing supporting the stock market is the momentum built in through ways for new investors to participate - such as Robin Hood. It seems more like gambling than investing.
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Joined: Dec 2013
Posts: 23,686
Campfire Ranger
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Campfire Ranger
Joined: Dec 2013
Posts: 23,686 |
Now that we know Biden will be the next President here are a few comments on the stock market:
The Stock market likes the low interest rates and the probability that the Democrats will continue to print money and dump it from the skies. Our company has so far received over 200k in tax free money and there is likely more to come. This money must be used for payroll and "related expenses".
Also, contrary to what the MSM would have you believe there are millions of people who are not "one paycheck from debtor's prison". There are many million mid to upper level executive and professional workers who are working from home and banking the big bucks that are saved by not commuting and not spending because of the lockdowns. The personal savings rate is at an all time high. This means there is tremendous pent up demand that will break loose once the ChiCom virus is tamed. The Stock Market is forward looking.
That is why, even at these record levels, I am bullish on the markets. Airlines, resort stocks, and other leisure related stocks would be good plays. I don't usually buy individual stocks but recently I bought Boeing and took a flyer on Southwest Airlines. Disney might still be a good bet, also Alaska and Delta.
Recently? LOL. I bought MGM, SEAS, ALK,UAL,NCLH, DNKN, APHA,F, RWT, plus ET,XOM,MMP,SLB &HAL back in March. Congratulations on missing out on a 300% profit and jumping in late in the game you fumbphucq
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Joined: Oct 2011
Posts: 59,087
Campfire Kahuna
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Campfire Kahuna
Joined: Oct 2011
Posts: 59,087 |
With all due respect...please f u c k the hell off. Now was that necessary? Being nice while telling someone to fuqk the hell off is over the top.................
Paul
"I'd rather see a sermon than hear a sermon".... D.A.D.
Trump Won!, Sandmann Won!, Rittenhouse Won!, Suck it Liberal Fuuktards.
molɔ̀ːn labé skýla
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Joined: Jul 2018
Posts: 10,671
Campfire Outfitter
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Campfire Outfitter
Joined: Jul 2018
Posts: 10,671 |
Some of you guys seem to think that things are gonna be allowed to return to the way they were. Not at all. The train has officially left the station for Hell.
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.
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Joined: Dec 2013
Posts: 23,686
Campfire Ranger
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Campfire Ranger
Joined: Dec 2013
Posts: 23,686 |
And wait for a whole slew of new regulations, especially on banks, financial markets, etc. That will begin to weigh on some stocks. The other thing supporting the stock market is the momentum built in through ways for new investors to participate - such as Robin Hood. It seems more like gambling than investing. And wait for a whole slew of new regulations, especially on banks, financial markets, etc. That will begin to weigh on some stocks. The other thing supporting the stock market is the momentum built in through ways for new investors to participate - such as Robin Hood. It seems more like gambling than investing. A market that’s based on QE and stimulus funds, and you just figured out it’s a gamble?
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Joined: Nov 2003
Posts: 28,411
Campfire Ranger
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Campfire Ranger
Joined: Nov 2003
Posts: 28,411 |
Some of you guys seem to think that things are gonna be allowed to return to the way they were. Not at all. The train has officially left the station for Hell. And the boxcars are full,,,,of white people.
The degree of my privacy is no business of yours.
What we've learned from history is that we haven't learned from it.
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Joined: Jul 2018
Posts: 10,671
Campfire Outfitter
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Campfire Outfitter
Joined: Jul 2018
Posts: 10,671 |
With the new regs and probably higher capital gains taxes, the market will be a house of cards ready to crash.
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.
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Joined: Apr 2010
Posts: 14,706
Campfire Outfitter
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Campfire Outfitter
Joined: Apr 2010
Posts: 14,706 |
Seems lots of folks have never heard of HYPER-INFLATION!!
WE'RE AT LEAST DAMN NIGH FORTY F UCKING TRILLION $$$$$$$$ IN DEBT!!!!!!!!!!!!!!!!!!!!
Even birds know not to land downwind!
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Joined: Aug 2017
Posts: 9,060
Campfire Outfitter
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Campfire Outfitter
Joined: Aug 2017
Posts: 9,060 |
I've made a ridiculous amount of money off the fed printing money during covid.
I've sold off on those gains. I realize biden's gonna follow on trumps footsteps printing money but I'm worried about China saying we ain't gonna finance your ass anymore. See, that's the scary thing, China holds our financial future, not us.
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Joined: Nov 2003
Posts: 28,411
Campfire Ranger
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Campfire Ranger
Joined: Nov 2003
Posts: 28,411 |
Seems lots of folks have never heard of HYPER-INFLATION!!
WE'RE AT LEAST DAMN NIGH FORTY F UCKING TRILLION $$$$$$$$ IN DEBT!!!!!!!!!!!!!!!!!!!! It would matter were not the whole world being in debt.
The degree of my privacy is no business of yours.
What we've learned from history is that we haven't learned from it.
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Joined: Nov 2003
Posts: 28,411
Campfire Ranger
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Campfire Ranger
Joined: Nov 2003
Posts: 28,411 |
I've made a ridiculous amount of money off the fed printing money during covid.
I've sold off on those gains. I realize biden's gonna follow on trumps footsteps printing money but I'm worried about China saying we ain't gonna finance your ass anymore. See, that's the scary thing, China holds our financial future, not us. China holds less than 10% of our debt.
The degree of my privacy is no business of yours.
What we've learned from history is that we haven't learned from it.
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