D

Dude#1279435

Audioholic Warlord
The market rose sharply yesterday. According to Trump his reasoning.


>>>Trump later told reporters that he pulled back on many global tariffs — but not on China — because people were “yippy” and “afraid” due to the stock market declines. He added that while he expected to reach deals, “nothing’s over yet.”<<<

I kind of figured he'd say there was a different reason.;)
 
GO-NAD!

GO-NAD!

Audioholic Warlord
Every time it has crashed, corrected or whatever, it came back.
Bear in mind, after the 1929 stock market crash, it took 25 years for the Dow to get back to its pre-crash level. If you were just starting to invest after the crash, you'd be OK. But, if you were about to retire at that time and you had significant investments in stocks, you'd be in a world of hurt. Many of the reforms enacted after the crash have since fallen by the wayside.
 
Mikado463

Mikado463

Audioholic Spartan
My expiration day is on the horizon.
time to buy an extended warranty ;)

Have 3 grandsons to think about.
I'm in the same boat, thankfully their father(my son) and daughter in-law have done a superb and responsible job

As for the market, it goes up, it goes down. As Warren Buffet once said, 'I buy companies, not markets', perhaps now though we all need to tighten our seat belts a wee bit ............
 
D

Dude#1279435

Audioholic Warlord
To shorten his quote Trump said, People are getting yippy, unlike these champions. Referring to I believe the suits standing behind him.

1744356969596.png
 
R

rnatalli

Audioholic Ninja
Someone close to retirement should not be significantly invested into stocks. With this crash, I’ve been nibbling with the S&P close to 5,000.
 

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