Peter Navarro:China Tariffs are "not hurting anybody" in the US. Politifact: Pants on Fire!

highfigh

highfigh

Seriously, I have no life.
1st, when one invest in the market mutual funds bonds whatever it may be. You must be willing to chance losing the money. #1, I'm not willing to chance it, I have enough bad habits. Don't need another, here's the thing, Betting that mutual fund money markets whatever it will go up? If it does than you just made money off of someone else's lost. I know what your going to say, I don't know what I'm talking about. You'd be wrong, I worked 10 years for a retail company that was #2 in the nation at the time. Now do you want to know what happened to that company? Bankrupt closed over 2300K stores, what's left to that company, the guy who has the most controlling interest, is sticking the Banks, and share holders. That guy for lack of a better word. Has all but gobbled up the real estate. He isn't going to pay any Bill's to the distributors that are holding invoices unpaid by the hundreds of millions! Now my friend who do you believe will end up paying the final tab? I'll give you two guesses and one doesn't count. They siphoned off the pension from all the employees, a class action lawsuit was filed guess what? Want to know what kind of check I got for 10 years of pension plus my 6% on top of that I was putting in per paycheck, a check for under two bucks. Now go play the markets. Best of luck, but someone and it's usually thousands always ends up taking it up the Yahoo so to speak.
Your pension payment becoming nothing wasn't due to the market, it was due to being screwed by the head(s) of the company. Had you put the money into the market and left it, you would have had more than you invested, depending on when you invested it and the end of the time period. Over the long haul, the market's movement averages upward- that's why it's around 24,000. Don't bitch about the market when someone influenced the outcome. Ya pays yer money and ya takes yer chances- just like any other investment.
 
G

Gmoney

Audioholic Ninja
Your pension payment becoming nothing wasn't due to the market, it was due to being screwed by the head(s) of the company. Had you put the money into the market and left it, you would have had more than you invested, depending on when you invested it and the end of the time period. Over the long haul, the market's movement averages upward- that's why it's around 24,000. Don't bitch about the market when someone influenced the outcome. Ya pays yer money and ya takes yer chances- just like any other investment.
You really believe that huh? Okay right, it's was all part of the scheme scam however you want to call it.
 
highfigh

highfigh

Seriously, I have no life.
You really believe that huh? Okay right, it's was all part of the scheme scam however you want to call it.
A lot of people who started with very little have made a ton of money by investing- why do you suppose they were able to do that?

It's because they learned about how the market works (yeah, there are plenty out there who try to screw people) and managed their own money, in spite of the risks.

Anyone who looks at the short term in the stock market isn't getting the whole picture. Buying a stock once and deciding that the market sucks because they lost money after selling it in a short time does not understand what they're doing.
 
G

Gmoney

Audioholic Ninja
A lot of people who started with very little have made a ton of money by investing- why do you suppose they were able to do that?

It's because they learned about how the market works (yeah, there are plenty out there who try to screw people) and managed their own money, in spite of the risks.

Anyone who looks at the short term in the stock market isn't getting the whole picture. Buying a stock once and deciding that the market sucks because they lost money after selling it in a short time does not understand what they're doing.
Again, your not going to bait me into wherever You are interested in. You Do You! and I'll do me! Your point is on Not knowing what they are doing? That's your opinion and you're entitled to your opinion like aholes everybody got one. Since your a expert at giving advice since I didn't ask for it in the first place. Go gamble in the stock market another form of gambling. You said it yourself you win some you lose some. Lol
 
Ponzio

Ponzio

Audioholic Samurai
A lot of people who started with very little have made a ton of money by investing- why do you suppose they were able to do that?

It's because they learned about how the market works (yeah, there are plenty out there who try to screw people) and managed their own money, in spite of the risks.

Anyone who looks at the short term in the stock market isn't getting the whole picture. Buying a stock once and deciding that the market sucks because they lost money after selling it in a short time does not understand what they're doing.
Look I agree with you about investing in the market long term and hopefully I'll come out whole again, like I did after the Great Recession of 2008. My anger though goes to that the problem could of been finessed without all the attendant fireworks and shocking the financial markets.

Things were going along swimmingly, a slow but steady recovery since 2009, and then Trump throws in a Molotov cocktail to the proceedings. An unnecessary tax cut which drove the markets into hyper-drive, which sooner or later was going to sow the seeds of another recession anyway, confusion when he pulled out of the Trans-Pacific Partnership, which only helped China, and ...

Too many times presidents get too much credit or too much blame for the economy, like NFL quarterbacks, but his constant meddling & rants are not helpful in the least. He's a trust fund baby without a clue about economics. Look at his business record before the presidency. I'll grant you he's great at creating TV spectacles with the Apprentice and selling steaks, etc.; a great snake oil salesman who's completely clueless in business.

How telling is it that he had to go to Deutsch Bank, troubled financially itself, for financing his ventures, since all the major US banks/institutions in the whole country and in his own hometown of New York City, like Citigroup, JP Morgan, Bank of America .. to name a few ... told him to take a hike.
 
G

Gmoney

Audioholic Ninja
Look I agree with you about investing in the market long term and hopefully I'll come out whole again, like I did after the Great Recession of 2008. My anger though goes to that the problem could of been finessed without all the attendant fireworks and shocking the financial markets.

Things were going along swimmingly, a slow but steady recovery since 2009, and then Trump throws in a Molotov cocktail to the proceedings. An unnecessary tax cut which drove the markets into hyper-drive, which sooner or later was going to sow the seeds of another recession anyway, confusion when he pulled out of the Trans-Pacific Partnership, which only helped China, and ...

Too many times presidents get too much credit or too much blame for the economy, like NFL quarterbacks, but his constant meddling & rants are not helpful in the least. He's a trust fund baby without a clue about economics. Look at his business record before the presidency. I'll grant you he's great at creating TV spectacles with the Apprentice and selling steaks, etc.; a great snake oil salesman who's completely clueless in business.

How telling is it that he had to go to Deutsch Bank, troubled financially itself, for financing his ventures, since all the major US banks/institutions in the whole country and in his own hometown of New York City, like Citigroup, JP Morgan, Bank of America .. to name a few ... told him to take a hike.
Think G-7 this go around, did you read Thrump just ordered all american-based companies in China to get out to pull out? Think about that a second. Get all the United States of America, American based companies overseas back Home! China, is but one that's been ripping our economy apart for what? Cheap products, disguised as a trojan horse. Mexico has been doing the same thing, ask yourself just how much illegal drugs cross the border disguised as cheap products as a trojan horse. That's coming in from South America and Mexico. They are hiding that crap in banana shipments you name it. The World is coming after the United States of America in more ways than ever before. Trump is trying to get the people to wake the f. Kup! In this Nation. They say and that's the media, he's aligned himself with strong arm men in the world Russia Putinhead, Kim rocket Man. Maybe just maybe you break bread with your enemies first. Than You size them up, than You know who you are really dealing with. Now, no I do not agree with some of his policies. But than I don't have those decisions to deal with on a daily basis. Now before some of you more or less educated and whatever degree you got up to or lived longer than I experienced further back with presidencies than I have. Just my thoughts, are just that I'm not on this Thread to be politically correct, right-wing left-wing tea party nutjobs. Two party Democrat , Republican, independent socialist or whatever label some choose to carry associate themselves with. Patriotism isn't a party it's a Nation of free legal citizens of all races,colors and creeds.
 
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G

Gmoney

Audioholic Ninja
I just took a little walk down the street from where I live, at the corner of a intersection, there are AT&T service technicians on strike against a greedy evil empire. 6 guys,I will post up a photo. I will come back on this Thread , they are over 20K strong!
Ok, here are some family guys trying to support there Families on a viable living wage! A coincidence here in this small town since I've been on this Thread, of just what greedy corporations, won't do for the very people who are the backbone of Any Company's survival! Without service technicians AT&T would Not survive. Anyone can sell a product, without service before or after the sale your company will close shop. This is just one example of corporate America getting rich off the backs of the very same people who made them who they are. I shook hands with each and every one of them and wished them the very best with their endeavor of getting AT&T to pay these service technicians, a fair livable sustainable living wage.
20190824_130326.jpg


Edit. Plus on top of this I didn't realize, as I walked up just on the other side of the street this house is flying our Nations
20190824_133106.jpg
flag, with a banner flag for the Trump campaign in 2020. Party association or not you got to admit it's pretty unique.
 
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Ponzio

Ponzio

Audioholic Samurai
As a retired telecommunications/network tech I couldn't agree with you more.
 
G

Gmoney

Audioholic Ninja
As a retired telecommunications/network tech I couldn't agree with you more.
Well I'm a retired technician also, pneumatics. Panel controls, end device controls which are of the service end of production platforms in the Gulf of Mexico. So from one under paid over worked retired communications technician to another I salute you! My work could be very hazardous and sometimes deadly environment to work in. I've seen you guys in the manholes just around this little town which in itself can be hazardous and very deadly. Salute!
 
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KEW

KEW

Audioholic Overlord
Look I agree with you about investing in the market long term and hopefully I'll come out whole again, like I did after the Great Recession of 2008. My anger though goes to that the problem could of been finessed without all the attendant fireworks and shocking the financial markets.

Things were going along swimmingly, a slow but steady recovery since 2009, and then Trump throws in a Molotov cocktail to the proceedings. An unnecessary tax cut which drove the markets into hyper-drive, which sooner or later was going to sow the seeds of another recession anyway, confusion when he pulled out of the Trans-Pacific Partnership, which only helped China, and ...

Too many times presidents get too much credit or too much blame for the economy, like NFL quarterbacks, but his constant meddling & rants are not helpful in the least. He's a trust fund baby without a clue about economics. Look at his business record before the presidency. I'll grant you he's great at creating TV spectacles with the Apprentice and selling steaks, etc.; a great snake oil salesman who's completely clueless in business.

How telling is it that he had to go to Deutsch Bank, troubled financially itself, for financing his ventures, since all the major US banks/institutions in the whole country and in his own hometown of New York City, like Citigroup, JP Morgan, Bank of America .. to name a few ... told him to take a hike.
I wonder how upset he will get when he finds out bankruptcy won't work for the country?
 
Old Onkyo

Old Onkyo

Audioholic General
More good news.
https://www.theguardian.com/business/2019/aug/23/fed-chair-jerome-powell-trump-trade-policies-new-challenge

I though I was being slick when I increased my bond portfolio by 15% back in February because I believed Trump was serious about the tariffs and a trade war with China and now their in the tank too, as of three weeks ago.

Can somebody please tell this man to SHUT THE 'EFF UP!!!
Vanguard total bond index fund. VBTIX
I went 30% in last August, 50% in May. It has been good for me.
 
Old Onkyo

Old Onkyo

Audioholic General
Buckle up boys & girls.
https://www.npr.org/2019/08/23/753696341/more-rate-cuts-powell-says-fed-is-ready-to-help-economy-grow-amid-trade-tensions

These gyrating fluctuations at the Fed are not inspiring. Instead of projecting stability, they're mimicking investor panic in the market.
https://www.google.com/search?tbm=fin&q=INDEXDJX:+.DJI&stick=H4sIAAAAAAAAAONgecRozC3w8sc9YSmtSWtOXmNU4eIKzsgvd80rySypFBLjYoOyeKS4uDj0c_UNkgsry3kWsfJ5-rm4Rrh4RVgp6Ll4eQIAqJT5uUkAAAA&biw=1920&bih=895#scso=_cBNhXeG2J-O8gge06LzQAw6:0

Come back Ben Bernanke:D

Kind of makes you miss the Obama era's slow but steady growth in the market after the Great Recession of 2008, huh? [sigh]

I wonder what the Sage of Omaha, Warren Buffett, did yesterday to cover his a$$.

Inquiring minds want to know.
I amassed most of my wealth under the Clinton/ Obama administrations. Allowed me to retire early!
 
Ponzio

Ponzio

Audioholic Samurai
Well I'm a retired technician also pneumatics. Panel controls, end device controls which are of the service end of the production platforms in the Gulf of Mexico. So from one under paid over worked retired communications technician to another I salute you! My work could be very hazardous and sometimes deadly environment to work in. I've seen you guys in the manholes just around this little town which in itself can be hazardous and very deadly. Salute!
Same here brother. Underpaid and overworked all over the northeast coast.
 
Ponzio

Ponzio

Audioholic Samurai
Vanguard total bond index fund. VBTIX
I went 30% in last August, 50% in May. It has been good for me.
The missuses works for Vanguard.

I've done well but like most greedy humans :D I hate giving back some of the profits. :p

I'm in for the long haul, so I'm worried but not really worried, if that makes any sense. I just want to spend it all before my wife & greedy kids get to it. :p
 
Ponzio

Ponzio

Audioholic Samurai
Amazing what a couple shots of Glenlivet will do for your attitude. :D

Smile children, this too shall pass.

 
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G

Gmoney

Audioholic Ninja
I wonder how upset he will get when he finds out bankruptcy won't work for the country?
United States of America won't have to go bankrupt we'll just stop paying f****** money back. Pull All our troops from around the world plus aid "money" support military support. Set back wait and see which country comes crawling back for our protection not to mention the lives lost of u.s. service citizens to protect their sorry ass.
 
KEW

KEW

Audioholic Overlord
United States of America won't have to go bankrupt we'll just stop paying f****** money back. Pull All our troops from around the world plus aid "money" support military support. Set back wait and see which country comes crawling back for our protection not to mention the lives lost of u.s. service citizens to protect their sorry ass.
I can't seriously entertain that scenario because Russia and China would have a field day if we made it clear we would let them, and ultimately, we would be screwing ourselves over as much as our allies with our "enemies" as benefactors. It would be very hard to undo the damage done by that.
 
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