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Subject: "Yo 401k (or other investment vehicle) growing under Trump?" Previous topic | Next topic
Creole
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Wed Aug-02-17 08:49 AM

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"Yo 401k (or other investment vehicle) growing under Trump?"
Wed Aug-02-17 09:18 AM by Creole

  

          

https://www.cnbc.com/2017/07/31/us-stocks-earnings-season.html

"The Dow Jones industrial average closed at a record high on Monday as Wall Street cheered on what's been a strong earnings season."

With records like the ones being set this year, how many of y'all still mad that Trump is the POTUS? Can we set aside our feelings about all the other dumb shish he's doing to look at and appreciate that investment accounts are growing under his watch?

I get that some, if not all, of this growth is happening as a result of policies put into place by President Obama. Can one feel conflicted about the social issues that are not being adequately addressed but that his/her 401k is getting crazy returns right now?

It's Tuesday... Let's shoot the breeze!

Edit: My answers are "Yep, yup, and yes!"



  

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Topic Outline
Subject Author Message Date ID
I hit my targeted EOY net worth by June
Aug 02nd 2017
1
I'm hopeful we're all a bit more prepared than the last one...
Aug 02nd 2017
24
yup.
Aug 02nd 2017
2
INDEED!
Aug 02nd 2017
14
He hasn't signed any economic legislation.
Aug 02nd 2017
3
Nope but his presence and the thoughts of what he may do...
Aug 02nd 2017
34
my eyes are FIXED on that fiduciary duty rollback
Apr 03rd 2019
92
I don't know, this still Obama's economy for now.
Aug 02nd 2017
4
you already know what he's gonna say, bruh
Aug 02nd 2017
9
      Which one of these: "Fake news" or "Obama's fault?"
Aug 02nd 2017
13
           obviously "Obama's fault"
Aug 02nd 2017
17
                Could depend on the day he's asked though. Shoot, Kilo, it...
Aug 02nd 2017
21
                     haha true. but if theres a true crash its gonna be hard to deny it.
Aug 02nd 2017
25
Damn
Aug 02nd 2017
5
I enjoy the album too. What's your favorite track?
Aug 02nd 2017
16
      The track he left off called Uncle Ruckus
Aug 02nd 2017
42
           https://media.tenor.com/images/c5adea56a5a6a354535d03e46780d887/tenor.gi...
Aug 02nd 2017
44
           Lurkmore should be the name...
Aug 02nd 2017
52
                Creole = Trump Jr
Aug 02nd 2017
61
                     RE: Creole = Trump Jr ---- Thumbs up!
Aug 02nd 2017
62
                          LOL
Aug 02nd 2017
64
                               Ok...
Aug 02nd 2017
67
Some of it is still Obama momentum. But a lot is Trump related
Aug 02nd 2017
6
Nail meet hammer!
Aug 02nd 2017
30
Stocks are doing well, especially banking stocks,
Aug 02nd 2017
7
Slow and sustainable was nice as well...
Aug 02nd 2017
28
I'd rather shoot the breeze with you...
Aug 02nd 2017
8
I struggle on a minute by minute basis with that bamma...
Aug 02nd 2017
11
**looks in camera**
Aug 02nd 2017
33
      OHHHHHHHHHH! HIM? Gotcha...
Aug 02nd 2017
36
      is it really that simple?
Aug 02nd 2017
46
           yes, it's that simple. You keep asking why the women left
Aug 02nd 2017
51
                unlol
Aug 02nd 2017
56
                haha yall are two peas in a pod, then.
Aug 02nd 2017
59
                     Ha... wait, what?
Aug 02nd 2017
68
                          she did nothing but laugh at me in my broken collarbone post.
Aug 02nd 2017
69
                               fair point lol
Aug 02nd 2017
71
                                    see? you're still doing it!!
Aug 02nd 2017
72
                https://media.tenor.com/images/9eac92e8681374cecd672cd472a61d8f/tenor.gi...
Aug 02nd 2017
57
      cmon, ma.
Aug 02nd 2017
54
he aint going nowhere. move on for your mental health
Aug 02nd 2017
18
gotdamn yo.. you dyckmatized like a muuuhfukka
Aug 02nd 2017
43
pretty sure the market would be the same with Hilldawg
Aug 02nd 2017
10
reply 6. i think that has at least something to do with it.
Aug 02nd 2017
12
      But that doesn't make sense. The healthcare markets are unstable due to ...
Aug 02nd 2017
22
           Gas prices, jobs, housing and stocks
Aug 02nd 2017
29
                But my contention is that the market isn't doing that well
Aug 02nd 2017
35
                     What makes you think we are scheduled for a crash?
Aug 02nd 2017
39
                     Post 22
Aug 02nd 2017
41
                     I think the market is doing well because he hasn't passed anything
Aug 02nd 2017
47
                          The two other branches of congress haven't either.
Aug 02nd 2017
60
LOL my pops said this would happen
Aug 02nd 2017
15
LOL! I'm seeing a bit over 7% right now for the year...
Aug 02nd 2017
19
Yep
Aug 02nd 2017
20
DAMN, HOMIE!
Aug 02nd 2017
38
Sidenote: This is all people will care about if Trump runs in 2020
Aug 02nd 2017
23
yup, and that's scary.
Aug 02nd 2017
26
Same thing that got Slick Willie re-elected
Aug 02nd 2017
63
Dow Jones - Planet Money - don't believe the hype - 2013
Aug 02nd 2017
27
bruh, Americans don't care about that shit when it comes to elections
Aug 02nd 2017
32
      I'm not talking to "Americans" or about elections, talking $$ right now
Aug 02nd 2017
37
           Show me where I said it was sweet. I just asked if you see...
Aug 02nd 2017
40
           ... you made a post about it?
Aug 02nd 2017
48
           oh.. ok. You on that never Trump so it doesn't matter what folks say
Aug 02nd 2017
50
                Huh? I'm strictly talking about money.
Aug 02nd 2017
55
SP500 posed for negative returns for next decade
Aug 02nd 2017
31
I look at my TSP once every 18 months.....
Aug 02nd 2017
45
I advised my wife to do the same with her TSP...
Aug 02nd 2017
53
I just put all of it in the C Fund...I'm 22 years away from retiring.
Aug 02nd 2017
73
I starting upping my contributions the week after the election
Aug 02nd 2017
49
Debt ceiling coming!
Aug 02nd 2017
58
My Fidelity Account is Off-the-CHAIN +12.69% Rate of Return this year
Aug 02nd 2017
65
Your account is snap-(Chat)ing right along
Aug 02nd 2017
66
      SNAP is a turd right now. Waiting on the dead cat bounce to get out
Aug 02nd 2017
70
*logs into Fidelity account* *cries*
Dec 17th 2018
74
its my fault
Dec 17th 2018
75
No matter what keep putting it in there
Dec 18th 2018
78
      yeah, its more about paying down some debt than the market
Dec 18th 2018
79
           ohh got it, yeah in that case attack that debt, esp. if interest rates a...
Dec 18th 2018
81
With all this scandle I refuse to log into my accounts
Dec 17th 2018
77
TRUMP is killing my 401K.. DOWN, UP, UP UP WAY DOWN. UP
Dec 17th 2018
76
*checks Vanguard* *throws monitor across room*
Dec 18th 2018
80
Oh. This thread is back and I posted in it?
Dec 18th 2018
82
I’m hurting on the investment front
Dec 18th 2018
83
Lawd have mercy! Everyday. Down almost another 3%
Dec 24th 2018
84
All in the span of a month, right?
Dec 24th 2018
85
It took about 9 months, but we're almost back to our highs again
Apr 03rd 2019
86
You have to be a fool not to invest in it if you can afford to
Apr 03rd 2019
87
I get it but. no. you're basically letting yourself be bought/got.
Apr 03rd 2019
88
By investing in the market?
Apr 03rd 2019
89
      meh.. no.. though that's a whole stockpile of worm cans to open.
Apr 03rd 2019
90
           Hmm.. I could see if I was day trading or invested in one stock
Apr 04th 2019
94
                yeah no.. you pegged it when you said
Apr 04th 2019
97
                     Word. Gotcha. Now I see it.
Apr 04th 2019
98
Why even get a boner at this point?
Apr 03rd 2019
91
my cowoker's bought 2 cars
Apr 03rd 2019
93
It's likely the result of the past admins hard work imo
Apr 04th 2019
95
Trump keeps trying to fuck it up with his hot takes
Apr 04th 2019
96
https://i.makeagif.com/media/3-10-2016/oCzcKM.mp4
Jan 17th 2020
99
If the rates continue, I am retiring at 50.
Jan 18th 2020
100
I’m never mad at making money.
Jan 18th 2020
101
Its been growing since before Trump.
Jan 18th 2020
102

Oak27
Member since Apr 17th 2005
11997 posts
Wed Aug-02-17 08:53 AM

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1. "I hit my targeted EOY net worth by June"
In response to Reply # 0


          

Like you said, not sure if it's Trump's doing or Obama's or if it has nothing to do with who is/was President, but keep doing what you're doing, market.

Though honestly I'm sort of hoping for another crash. I was in college in 2008/2009 so couldn't take advantage of it, next time I'll actually have chips to play with.

  

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Creole
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Wed Aug-02-17 09:32 AM

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24. "I'm hopeful we're all a bit more prepared than the last one..."
In response to Reply # 1


  

          


>Though honestly I'm sort of hoping for another crash. I was in
>college in 2008/2009 so couldn't take advantage of it, next
>time I'll actually have chips to play with.

That joint was harmful way too many people.

  

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Triptych
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Wed Aug-02-17 08:57 AM

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2. "yup."
In response to Reply # 0


  

          

would i give it back for another year of obama?

yup.

____________________________

http://twitter.com/irefox
http://stackoverflow.com/users/43089/triptych
http://github.com/djtriptych

  

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Creole
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15217 posts
Wed Aug-02-17 09:26 AM

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14. "INDEED!"
In response to Reply # 2


  

          

Maybe because I'm later to the game than some, these current returns I'm seeing has me excited about the possibilities of being able to retire and not have to worry about my kids needing to bail me out.

  

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MEAT
Member since Feb 08th 2008
18741 posts
Wed Aug-02-17 09:05 AM

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3. "He hasn't signed any economic legislation. "
In response to Reply # 0


  

          

-------
“There is no fate that cannot be surmounted by scorn.” -Albert Camus

  

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Creole
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Wed Aug-02-17 09:37 AM

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34. "Nope but his presence and the thoughts of what he may do..."
In response to Reply # 3


  

          

is helping to drive it.

We'll see.

And I'm not a fan of the dude at all.

It's tough to look at him, on tv, and feel good about anything he's doing or has done.

  

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double negative
Member since Dec 14th 2007
21006 posts
Wed Apr-03-19 04:33 PM

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92. "my eyes are FIXED on that fiduciary duty rollback"
In response to Reply # 3


  

          

I hope he doesnt ax it

***********************************************************
https://soundcloud.com/swageyph/yph-die-with-me

  

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Buddy_Gilapagos
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Wed Aug-02-17 09:06 AM

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4. "I don't know, this still Obama's economy for now. "
In response to Reply # 0


  

          

There have been no economic or monetary changes since Obama left the white house for Trump to claim this growth in my opinion.

I also can't wait to see how Trump talks about this economy when this crash, that ever single economic forecaster says is around the corner, happens.



>https://www.cnbc.com/2017/07/31/us-stocks-earnings-season.html
>
>"The Dow Jones industrial average closed at a record high on
>Monday as Wall Street cheered on what's been a strong earnings
>season."
>
>With records like the ones being set this year, how may of
>y'all still mad that Trump is the POTUS? Can we set aside our
>feelings about all the other dumb shish he's doing to look at
>and appreciate that investment accounts are growing under his
>watch?
>
>I get that some, if not all, of this growth is happening as a
>result of policies put into place by President Obama. Can one
>feel conflicted about the social issues that are not being
>adequately addressed but that his/her 401k is getting crazy
>returns right now?
>
>It's Tuesday... Let's shoot the breeze!
>
>
>
>
>


**********
"Everyone has a plan until you punch them in the face. Then they don't have a plan anymore." (c) Mike Tyson

"what's a leader if he isn't reluctant"

  

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KiloMcG
Member since Jan 01st 2008
27269 posts
Wed Aug-02-17 09:20 AM

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9. "you already know what he's gonna say, bruh"
In response to Reply # 4


  

          


>I also can't wait to see how Trump talks about this economy
>when this crash, that ever single economic forecaster says is
>around the corner, happens.

  

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Creole
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15217 posts
Wed Aug-02-17 09:24 AM

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13. "Which one of these: "Fake news" or "Obama's fault?""
In response to Reply # 9


  

          

LOL

  

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KiloMcG
Member since Jan 01st 2008
27269 posts
Wed Aug-02-17 09:27 AM

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17. "obviously "Obama's fault""
In response to Reply # 13


  

          

  

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Creole
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15217 posts
Wed Aug-02-17 09:30 AM

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21. "Could depend on the day he's asked though. Shoot, Kilo, it..."
In response to Reply # 17


  

          

could be both responses in the same day. One he'd voice to the public and the other he'd Tweet.

  

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KiloMcG
Member since Jan 01st 2008
27269 posts
Wed Aug-02-17 09:32 AM

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25. "haha true. but if theres a true crash its gonna be hard to deny it."
In response to Reply # 21


  

          

  

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Lurkmode
Member since May 07th 2011
3556 posts
Wed Aug-02-17 09:07 AM

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5. "Damn"
In response to Reply # 0


  

          


>With records like the ones being set this year, how may of
>y'all still mad that Trump is the POTUS? Can we set aside our
>feelings about all the other dumb shish he's doing to look at
>and appreciate that investment accounts are growing under his
>watch?
>
>I get that some, if not all, of this growth is happening as a
>result of policies put into place by President Obama. Can one
>feel conflicted about the social issues that are not being
>adequately addressed but that his/her 401k is getting crazy
>returns right now?
>

smh

---------------------------
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Creole
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Wed Aug-02-17 09:27 AM

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16. "I enjoy the album too. What's your favorite track?"
In response to Reply # 5


  

          

  

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Lurkmode
Member since May 07th 2011
3556 posts
Wed Aug-02-17 09:48 AM

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42. "The track he left off called Uncle Ruckus"
In response to Reply # 16


  

          

https://www.nytimes.com/2017/08/01/us/politics/trump-affirmative-action-universities.html?hp&action=click&pgtype=Homepage&clickSource=story-heading&module=first-column-region®ion=top-news&WT.nav=top-news

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legsdiamond
Member since May 05th 2011
64039 posts
Wed Aug-02-17 09:49 AM

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44. "https://media.tenor.com/images/c5adea56a5a6a354535d03e46780d887/tenor.gi..."
In response to Reply # 42


          

https://media.tenor.com/images/c5adea56a5a6a354535d03e46780d887/tenor.gif

shut up already, damn

  

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Creole
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52. "Lurkmore should be the name..."
In response to Reply # 42


  

          

See #11 my guy... You're late to the party.

  

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Lurkmode
Member since May 07th 2011
3556 posts
Wed Aug-02-17 10:28 AM

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61. "Creole = Trump Jr"
In response to Reply # 52


  

          

#11 makes it even worse that you would create this post. It's one thing to get excited about the 401k that's for retirement, but connecting that to Trump when he has only been in office for 6 months. On top of that he is attacking voting rights and access, police consent decree, civil rights and you ask, "can we set aside our feelings"

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Creole
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Wed Aug-02-17 10:45 AM

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62. "RE: Creole = Trump Jr ---- Thumbs up!"
In response to Reply # 61


  

          

>#11 makes it even worse that you would create this post. It's
>one thing to get excited about the 401k that's for retirement,
>but connecting that to Trump when he has only been in office
>for 6 months. On top of that he is attacking voting rights
>and access, police consent decree, civil rights and you ask,
>"can we set aside our feelings"

Have fun, bro!

I'm well aware of what he and his admin are doing. Just like I'm aware that he's not solely responsible for where the markets are currently positioned. I'm keenly aware that there's been a surge in the current growth of my retirement funds and that surge has occurred since this cat has been in office.

I'm supposed to deny the returns because of everything else that comes with it? If so, let's all stop investing in our futures until he's no longer president. Pass me with the judgmental BS though, fam. And get out ya feelings. As a grown ass man with a family and his family's future to be shaped, I'm playing the game the way it's designed.

  

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Lurkmode
Member since May 07th 2011
3556 posts
Wed Aug-02-17 11:08 AM

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64. "LOL"
In response to Reply # 62


  

          


>Have fun, bro!
>
>I'm well aware of what he and his admin are doing. Just like
>I'm aware that he's not solely responsible for where the
>markets are currently positioned. I'm keenly aware that
>there's been a surge in the current growth of my retirement
>funds and that surge has occurred since this cat has been in
>office.

>I'm supposed to deny the returns because of everything else
>that comes with it? If so, let's all stop investing in our
>futures until he's no longer president. Pass me with the
>judgmental BS though, fam. And get out ya feelings. As a grown
>ass man with a family and his family's future to be shaped,
>I'm playing the game the way it's designed.

Straw man, I never said deny anything. Another straw man I never said stop investing until Trump is out of office.

Practice what you preach, asking if people are still mad that Trump is POTUS, and "if can one feel conflicted" is you in your feelings.
You not playing the game, you cheer leading

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Creole
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Wed Aug-02-17 11:52 AM

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67. "Ok..."
In response to Reply # 64
Wed Aug-02-17 11:54 AM by Creole

  

          

Gotcha

  

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PimpTrickGangstaClik
Member since Oct 06th 2005
14513 posts
Wed Aug-02-17 09:07 AM

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6. "Some of it is still Obama momentum. But a lot is Trump related"
In response to Reply # 0


  

          

Stock market is all about future expectations. Massive deregulation and hopes of favorable tax reform makes people giddy

_______________________________________
You ain't the only one whose got problems. You ain't the only one who knows pain. Get up off your ass and just solve them. You still got a chance to try to change, try the shit again.
Devin tha Dude

  

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Creole
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Wed Aug-02-17 09:35 AM

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30. "Nail meet hammer!"
In response to Reply # 6


  

          

  

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stravinskian
Member since Feb 24th 2003
12087 posts
Wed Aug-02-17 09:11 AM

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7. "Stocks are doing well, especially banking stocks,"
In response to Reply # 0


          


because there's an expectation that regulations will be rolled back in the coming years. Trouble is, those regulations are there for a reason, and if all these gains just set us up for another financial crisis, then we'll be worse off. I'd rather have the slow, sustainable growth that we were having before November.

  

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Creole
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Wed Aug-02-17 09:35 AM

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28. "Slow and sustainable was nice as well..."
In response to Reply # 7


  

          

>I'd rather have the slow, sustainable growth that we were having before November.

Like I mentioned above, I just hope everyone is a bit more prepared to handle another crisis if and when it hits. It was dreadful to go through that almost a decade ago. In ATL, it seemed to have hit way before it did the rest of the country. We felt it early.

  

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Trinity444
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40492 posts
Wed Aug-02-17 09:18 AM

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8. "I'd rather shoot the breeze with you..."
In response to Reply # 0


  

          

I'm still not a peace with him and I don't know how to resolve it. Like. I'm praying but it won't go away...

  

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Creole
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Wed Aug-02-17 09:22 AM

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11. "I struggle on a minute by minute basis with that bamma..."
In response to Reply # 8


  

          

>RE: I'd rather shoot the breeze with you...
>I'm still not a peace with him and I don't know how to
>resolve it. Like. I'm praying but it won't go away...

still being the POTUS. And after hearing about their desire to rollback affirmative action policies in college admissions, I'm even more at a loss how this cat and his whole administration can really be this damned archaic in thought and deed.

https://www.nytimes.com/2017/08/01/us/politics/trump-affirmative-action-universities.html

  

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Trinity444
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Wed Aug-02-17 09:37 AM

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33. "**looks in camera**"
In response to Reply # 11


  

          

Ladies look how y'all left me, lol

I'm not talking about trump...


  

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Creole
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15217 posts
Wed Aug-02-17 09:40 AM

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36. "OHHHHHHHHHH! HIM? Gotcha..."
In response to Reply # 33


  

          

As stated below, "move on for your mental health."

You're in a new city with mew people and new possibilities. Right?!?!

Exercise those options to the fullest!!!!

LOL @ me being so vain that I thought you were on target talking about the president guy. LMAO

  

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Trinity444
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Wed Aug-02-17 09:54 AM

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46. "is it really that simple?"
In response to Reply # 36


  

          

I'm stuck on why I haven't
I can't
like. Not having the proper tools to finish the job....

  

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legsdiamond
Member since May 05th 2011
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51. "yes, it's that simple. You keep asking why the women left"
In response to Reply # 46


          

ain't no one trying to hear the same story over and over again.

Move on, get some new nigga and get some happiness.

shut up already, damn

  

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Trinity444
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56. "unlol"
In response to Reply # 51


  

          

you're an unsensitive* bastard lol

y'all lazy anyway 😜

  

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KiloMcG
Member since Jan 01st 2008
27269 posts
Wed Aug-02-17 10:20 AM

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59. "haha yall are two peas in a pod, then."
In response to Reply # 56


  

          

>you're an unsensitive* bastard lol

  

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legsdiamond
Member since May 05th 2011
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68. "Ha... wait, what?"
In response to Reply # 59


          

shut up already, damn

  

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KiloMcG
Member since Jan 01st 2008
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69. "she did nothing but laugh at me in my broken collarbone post."
In response to Reply # 68


  

          

ol' insensitive ass Trin. where was MY support from her?? haha

  

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Trinity444
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71. "fair point lol "
In response to Reply # 69


  

          

it was funny tho

plus in front of the kids, lol



  

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KiloMcG
Member since Jan 01st 2008
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72. "see? you're still doing it!!"
In response to Reply # 71


  

          

i'm hurtin over here, Trin, and you just keep laughing.

  

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Dstl1
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57. "https://media.tenor.com/images/9eac92e8681374cecd672cd472a61d8f/tenor.gi..."
In response to Reply # 51


          

https://media.tenor.com/images/9eac92e8681374cecd672cd472a61d8f/tenor.gif

...cleaned up my act, made a few violent songs...but, they wack like Glen Rice with New Balance on - Sean Price

  

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KiloMcG
Member since Jan 01st 2008
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54. "cmon, ma. "
In response to Reply # 33


  

          

ya just gotta move on. we been doing this song and dance far too long. you can do it!!!

  

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BrooklynWHAT
Member since Jun 15th 2007
78679 posts
Wed Aug-02-17 09:27 AM

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18. "he aint going nowhere. move on for your mental health"
In response to Reply # 8


  

          

<--- Big Baller World Order

  

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legsdiamond
Member since May 05th 2011
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43. "gotdamn yo.. you dyckmatized like a muuuhfukka"
In response to Reply # 8


          

shut up already, damn

  

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legsdiamond
Member since May 05th 2011
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10. "pretty sure the market would be the same with Hilldawg "
In response to Reply # 0


          

I don't think Trump has an impact on market predictions but I may be wrong about that.

shut up already, damn

  

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KiloMcG
Member since Jan 01st 2008
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12. "reply 6. i think that has at least something to do with it."
In response to Reply # 10


  

          

  

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MEAT
Member since Feb 08th 2008
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Wed Aug-02-17 09:31 AM

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22. "But that doesn't make sense. The healthcare markets are unstable due to ..."
In response to Reply # 12
Wed Aug-02-17 09:32 AM by MEAT

  

          

Healthcare has been one of the largest drivers of bankruptcy is this country, none of the branches has their shit together and they're going to try tax reform with a debt crises looming just a few months from now, one in which the mere threat of us defaulting lowered our credit rating. Add that on to weak jobs growth and near zero stimulus into the economy.

And add that on to the fact THATS NOT EVEN HOW THE DOW JONES WORKS.



http://www.npr.org/sections/money/2013/03/12/174139347/episode-443-dont-believe-the-hype

-------
“There is no fate that cannot be surmounted by scorn.” -Albert Camus

  

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legsdiamond
Member since May 05th 2011
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29. "Gas prices, jobs, housing and stocks "
In response to Reply # 22


          

for some reason Presidents get all the praise or blame for these markets.

shut up already, damn

  

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MEAT
Member since Feb 08th 2008
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Wed Aug-02-17 09:38 AM

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35. "But my contention is that the market isn't doing that well"
In response to Reply # 29


  

          

And scheduled for a large crash. AND that the Dow is a poor index. Add that onto to the fact that he's only been president for half a year with zero economic legislation, people should be much more worried about what that January slide back looks like rather than what June is looking like.

-------
“There is no fate that cannot be surmounted by scorn.” -Albert Camus

  

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PimpTrickGangstaClik
Member since Oct 06th 2005
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Wed Aug-02-17 09:44 AM

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39. "What makes you think we are scheduled for a crash?"
In response to Reply # 35


  

          

_______________________________________
You ain't the only one whose got problems. You ain't the only one who knows pain. Get up off your ass and just solve them. You still got a chance to try to change, try the shit again.
Devin tha Dude

  

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MEAT
Member since Feb 08th 2008
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41. "Post 22"
In response to Reply # 39


  

          

Add that on to the only vehicle for guarantee growth is renewable energy which this administration is not investing in, meaning when we do move to that minerals and resources will be more expensive see the issues with new tesla production

-------
“There is no fate that cannot be surmounted by scorn.” -Albert Camus

  

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legsdiamond
Member since May 05th 2011
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47. "I think the market is doing well because he hasn't passed anything"
In response to Reply # 35


          

shut up already, damn

  

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MEAT
Member since Feb 08th 2008
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60. "The two other branches of congress haven't either. "
In response to Reply # 47


  

          

I'm not gleeful about this. This is bad.

-------
“There is no fate that cannot be surmounted by scorn.” -Albert Camus

  

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BrooklynWHAT
Member since Jun 15th 2007
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15. "LOL my pops said this would happen"
In response to Reply # 0


  

          

not looking forward to eating that crow next time i see him. i know he already got this article linked up.

<--- Big Baller World Order

  

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Creole
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19. "LOL! I'm seeing a bit over 7% right now for the year..."
In response to Reply # 15


  

          

Gotta keep looking at 'em to make sure they ain't Madoff numbers. LOL

  

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Boogiedwn
Member since Sep 25th 2003
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Wed Aug-02-17 09:28 AM

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20. "Yep"
In response to Reply # 0


  

          

even my old company is doing well now, pissed I sold their stock before the bump

Had it at $6 now it's $30

_______________________
We rationalize dumb shit

  

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Creole
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38. "DAMN, HOMIE!"
In response to Reply # 20


  

          

*** hands you a mulligan***

  

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PimpTrickGangstaClik
Member since Oct 06th 2005
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23. "Sidenote: This is all people will care about if Trump runs in 2020"
In response to Reply # 0


  

          

If the employment numbers and gdp growth numbers are good and the market is moving up at a good pace, he'll be reelected easily.

He could be caught on hidden camera drawing up election game plans with Putin himself. It won't matter one bit

_______________________________________
You ain't the only one whose got problems. You ain't the only one who knows pain. Get up off your ass and just solve them. You still got a chance to try to change, try the shit again.
Devin tha Dude

  

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legsdiamond
Member since May 05th 2011
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Wed Aug-02-17 09:33 AM

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26. "yup, and that's scary. "
In response to Reply # 23


          

but all folks care about is a hot market.

shut up already, damn

  

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j.
Member since Feb 24th 2009
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Wed Aug-02-17 10:55 AM

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63. "Same thing that got Slick Willie re-elected"
In response to Reply # 23


  

          

Bum ass Bob Dole on some "where's the outrage???"
while everyone was eating good and a bull market
Nobody GAF about Whitewater and other scandals
just like nobody GAF about Russia
(by nobody I mean their respective bases)
low gas prices + positive returns= coast to re-election

  

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MEAT
Member since Feb 08th 2008
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Wed Aug-02-17 09:34 AM

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27. "Dow Jones - Planet Money - don't believe the hype - 2013"
In response to Reply # 0


  

          

http://www.npr.org/sections/money/2013/03/12/174139347/episode-443-dont-believe-the-hype

Another article from that year

Just a quick, cranky reminder: Despite what you may have read, the Dow Jones industrial average did not hit a new high today in any meaningful sense.

After adjusting for inflation, the Dow was higher in 2000 than it is today. It was also higher in 2007. It would need to rise another 10 percent or so to hit an all time high in real (i.e., inflation-adjusted) terms.

When reporting on other numbers that change over time, it's routine to adjust for inflation. So when people talk about wages stagnating for American households, it means that, after you adjust for inflation, the median wage is roughly the same as it was 15 years ago. If you didn't adjust for inflation, you would say the median wage has risen by more than 40 percent over the past 15 years. But that would be a meaningless statement.

It's equally meaningless for the Dow. And even if the Dow did hit a real, inflation-adjusted, all-time high, it wouldn't mean much anyway. As our colleague Adam Davidson wrote last year:

The Dow average, drawn out to two decimal places, may seem like some perfectly scientific number, but it's far from it. A small committee selects 30 big companies — I.B.M., G.E., McDonald's, Disney and so forth — and then adds up the price of their stocks. Then the analysts divide it by the Dow Divisor, a misleadingly precise-seeming number formulated to account for things like dividends and splits that right now is, well, about 0.132129493. The resulting figure is repeated throughout the country.
And those are the least of the Dow's problems. More troubling is that it ignores the overall size of companies and pays attention to only their share prices. This causes all sorts of oddities. ExxonMobil, for example, divides its value into nearly five billion lower-cost shares, while Caterpillar has around 650 million more expensive ones. Therefore ExxonMobil, one of the largest companies in history, pulls less weight on the Dow than a company less than a fifth its size.
There are other, less arbitrary indexes of the U.S. stock market, such as the S&P 500, which tracks 500 (rather than just 30) big U.S. companies. The S&P 500, for what it's worth, is below it's all-time highs in both nominal and inflation-adjusted terms.

-------
“There is no fate that cannot be surmounted by scorn.” -Albert Camus

  

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legsdiamond
Member since May 05th 2011
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Wed Aug-02-17 09:36 AM

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32. "bruh, Americans don't care about that shit when it comes to elections"
In response to Reply # 27


          

they got us hoodwinked. Salaries are stagnant as hell but as long as the stock market rises people think it's all good.

shut up already, damn

  

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MEAT
Member since Feb 08th 2008
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Wed Aug-02-17 09:41 AM

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37. "I'm not talking to "Americans" or about elections, talking $$ right now "
In response to Reply # 32


  

          

Like if your kid came home talking about how they got a 95 on the first quiz of the school year without studying and that's gonna lead them to a 4.0 by the end of the year you'd be bugged out.

Dude is sitting here looking at his six months returns like everything is sweet, and it's like what in the world are you talking about.

-------
“There is no fate that cannot be surmounted by scorn.” -Albert Camus

  

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Creole
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40. "Show me where I said it was sweet. I just asked if you see..."
In response to Reply # 37


  

          

your 401k or other vehicles growing and if you could appreciate the current growth.

Also look around to where I said I hope we're all in a better place when the next crisis rolls around.

These current returns could be fleeting. Could be, could be not! No one knows how it's gonna play out.

It's like being in Vegas, AC, or damned Tunica.

  

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MEAT
Member since Feb 08th 2008
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48. "... you made a post about it?"
In response to Reply # 40


  

          

-------
“There is no fate that cannot be surmounted by scorn.” -Albert Camus

  

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legsdiamond
Member since May 05th 2011
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Wed Aug-02-17 10:01 AM

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50. "oh.. ok. You on that never Trump so it doesn't matter what folks say"
In response to Reply # 37


          

I hate the guy too but I'm not going to make that prediction based on personal feelings.

of course the market is always due for a slide because what goes up must come down but it sounds like your beef is personal.

shut up already, damn

  

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MEAT
Member since Feb 08th 2008
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Wed Aug-02-17 10:12 AM

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55. "Huh? I'm strictly talking about money. "
In response to Reply # 50


  

          

Not what it means for an election. Just the reality of the markets as they stand right now today. There will be many many factors that'll go into the election that we can't even come close to predicting right now.

But money. That shit is old as lies.

-------
“There is no fate that cannot be surmounted by scorn.” -Albert Camus

  

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MEAT
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31. "SP500 posed for negative returns for next decade "
In response to Reply # 0


  

          

https://m.investing.com/analysis/negative-returns-for--sp500-in-next-decade-200204696

-------
“There is no fate that cannot be surmounted by scorn.” -Albert Camus

  

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FLUIDJ
Member since Sep 18th 2002
41899 posts
Wed Aug-02-17 09:51 AM

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45. "I look at my TSP once every 18 months....."
In response to Reply # 0


  

          

that's the federal equiv. of 401K btw...

  

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Creole
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Wed Aug-02-17 10:09 AM

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53. "I advised my wife to do the same with her TSP..."
In response to Reply # 45


  

          

  

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ChampD1012
Member since Sep 27th 2003
8286 posts
Wed Aug-02-17 05:59 PM

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73. "I just put all of it in the C Fund...I'm 22 years away from retiring. "
In response to Reply # 45


  

          

I had to borrow from it about 2 years ago...

I kinda regret that because my account would be close to 40K more with it there.

  

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PimpTrickGangstaClik
Member since Oct 06th 2005
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Wed Aug-02-17 09:58 AM

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49. "I starting upping my contributions the week after the election "
In response to Reply # 0


  

          

Once I saw that the markets didn't collapse immediately after his win, I knew it was going to be good living for a minute.

Up about 16% since election day

_______________________________________
You ain't the only one whose got problems. You ain't the only one who knows pain. Get up off your ass and just solve them. You still got a chance to try to change, try the shit again.
Devin tha Dude

  

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MEAT
Member since Feb 08th 2008
18741 posts
Wed Aug-02-17 10:20 AM

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58. "Debt ceiling coming!"
In response to Reply # 0


  

          

The GOP-led Congress has only about a dozen joint working days left before the Sept. 29 deadline when the U.S. Treasury will no longer be able to afford the government's bills unless lawmakers raise the debt ceiling.

-------
“There is no fate that cannot be surmounted by scorn.” -Albert Camus

  

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Case_One
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Wed Aug-02-17 11:41 AM

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65. "My Fidelity Account is Off-the-CHAIN +12.69% Rate of Return this year"
In response to Reply # 0


  

          


.
.

"The unexamined life is not worth living." - Plato

  

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PimpTrickGangstaClik
Member since Oct 06th 2005
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Wed Aug-02-17 11:44 AM

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66. "Your account is snap-(Chat)ing right along"
In response to Reply # 65
Wed Aug-02-17 11:44 AM by PimpTrickGangstaClik

  

          

lol.
Are you still hanging on?

_______________________________________
You ain't the only one whose got problems. You ain't the only one who knows pain. Get up off your ass and just solve them. You still got a chance to try to change, try the shit again.
Devin tha Dude

  

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Case_One
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Wed Aug-02-17 12:16 PM

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70. "SNAP is a turd right now. Waiting on the dead cat bounce to get out"
In response to Reply # 66


  

          


.
.

"The unexamined life is not worth living." - Plato

  

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PimpTrickGangstaClik
Member since Oct 06th 2005
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Mon Dec-17-18 04:40 PM

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74. "*logs into Fidelity account* *cries*"
In response to Reply # 0


  

          

It was all good a few months ago

_______________________________________
You ain't the only one whose got problems. You ain't the only one who knows pain. Get up off your ass and just solve them. You still got a chance to try to change, try the shit again.
Devin tha Dude

  

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mista k5
Member since Feb 01st 2006
11687 posts
Mon Dec-17-18 04:43 PM

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75. "its my fault"
In response to Reply # 74


  

          

literally the week i signed up for my 401k the market starting having these 500 pt drops on the weekly.

with the company match its still a net positive but not sure how much i wanna be putting in there right now.

  

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Oak27
Member since Apr 17th 2005
11997 posts
Tue Dec-18-18 09:09 AM

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78. "No matter what keep putting it in there"
In response to Reply # 75


          

Put as much as you can in retirement. If you aren't touching that money for decades it's guaranteed to grow. It doesn't matter if it's worth less today than it was yesterday, all that matters is that it's worth more when you start taking it out than it was when you were putting it in.

  

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mista k5
Member since Feb 01st 2006
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Tue Dec-18-18 10:11 AM

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79. "yeah, its more about paying down some debt than the market"
In response to Reply # 78


  

          

i really want to put all my resources into paying down debt right now. so i will keep contributing some to 401k but i think right now i need to put as much as i can into debt.

after a couple of years i can hopefully go full steam on 401k.

  

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Oak27
Member since Apr 17th 2005
11997 posts
Tue Dec-18-18 11:41 AM

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81. "ohh got it, yeah in that case attack that debt, esp. if interest rates a..."
In response to Reply # 79


          

  

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Case_One
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Mon Dec-17-18 05:25 PM

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77. "With all this scandle I refuse to log into my accounts "
In response to Reply # 74


  

          


.
.
Current Favorite Song: https://youtu.be/8v_KFHnPImY

"I cannot see how nature could have created itself. Only a supernatural force that is outside of space and time could have done that. ~ Francis Collins

  

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Case_One
Charter member
54444 posts
Mon Dec-17-18 05:20 PM

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76. "TRUMP is killing my 401K.. DOWN, UP, UP UP WAY DOWN. UP"
In response to Reply # 0


  

          


.
.
Current Favorite Song: https://youtu.be/8v_KFHnPImY

"I cannot see how nature could have created itself. Only a supernatural force that is outside of space and time could have done that. ~ Francis Collins

  

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j.
Member since Feb 24th 2009
3819 posts
Tue Dec-18-18 10:46 AM

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80. "*checks Vanguard* *throws monitor across room*"
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Thanks a lot, 45tards

  

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MEAT
Member since Feb 08th 2008
18741 posts
Tue Dec-18-18 12:27 PM

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82. "Oh. This thread is back and I posted in it?"
In response to Reply # 0


  

          

🙄

-------
“There is no fate that cannot be surmounted by scorn.” -Albert Camus

  

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Mgmt
Member since Feb 17th 2005
21201 posts
Tue Dec-18-18 06:43 PM

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83. "I’m hurting on the investment front "
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And he will not be re-elected

>https://www.cnbc.com/2017/07/31/us-stocks-earnings-season.html
>
>"The Dow Jones industrial average closed at a record high on
>Monday as Wall Street cheered on what's been a strong earnings
>season."
>
>With records like the ones being set this year, how many of
>y'all still mad that Trump is the POTUS? Can we set aside our
>feelings about all the other dumb shish he's doing to look at
>and appreciate that investment accounts are growing under his
>watch?
>
>I get that some, if not all, of this growth is happening as a
>result of policies put into place by President Obama. Can one
>feel conflicted about the social issues that are not being
>adequately addressed but that his/her 401k is getting crazy
>returns right now?
>
>It's Tuesday... Let's shoot the breeze!
>
>Edit: My answers are "Yep, yup, and yes!"
>
>
>
>

  

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PimpTrickGangstaClik
Member since Oct 06th 2005
14513 posts
Mon Dec-24-18 02:08 PM

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84. "Lawd have mercy! Everyday. Down almost another 3%"
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We're about to almost give back all the gains since the start of the Trump presidency.

_______________________________________
You ain't the only one whose got problems. You ain't the only one who knows pain. Get up off your ass and just solve them. You still got a chance to try to change, try the shit again.
Devin tha Dude

  

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Numba_33
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17252 posts
Mon Dec-24-18 02:17 PM

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85. "All in the span of a month, right?"
In response to Reply # 84


  

          

I know nothing about the stock market, but it's pretty wild for all that negativity to occur in under 30 days. There's still four business days left in the year, so I wonder where things will go from here.

"Sean sparks like John Starks, nah, Sean ball like John Wall" - Rest In Power Forever Sean Price.

  

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PimpTrickGangstaClik
Member since Oct 06th 2005
14513 posts
Wed Apr-03-19 12:50 PM

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86. "It took about 9 months, but we're almost back to our highs again"
In response to Reply # 0


  

          

Glad I upped my contributions during the dip.

_______________________________________
You ain't the only one whose got problems. You ain't the only one who knows pain. Get up off your ass and just solve them. You still got a chance to try to change, try the shit again.
Devin tha Dude

  

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legsdiamond
Member since May 05th 2011
64039 posts
Wed Apr-03-19 02:18 PM

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87. "You have to be a fool not to invest in it if you can afford to"
In response to Reply # 86


          

None of these IT dudes I work with have stock or 401K accounts.

I’m not in it heavy but I have a 401K and a Roth plus 529’s for the kids. Can’t wait for these little ones to get out of daycare so we can really get aggressive

shut up already, damn

  

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PG
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42101 posts
Wed Apr-03-19 03:46 PM

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88. "I get it but. no. you're basically letting yourself be bought/got."
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the whole problem is about the importance of money... greed is what is driving all of it.. "cash in now honey"~Perry Farrell... the guy literally told folks they need to be more paranoid... the guy brokers in the most repulsive... personally I wouldn't care how much money it makes me I could never clap along to this beat.. it's disgusting.. I get it's your retirement and in realistic and practical terms that shit might, and yeah pun intended, "trump" moral idealism... but yeah man you know the answer... if you have to ask you already know. the guilt is real. not judging you tho like some others throwing you right under the trump bus.... but by the same token don't stop yourself from checking yourself by trying to rationalize that crap.

  

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legsdiamond
Member since May 05th 2011
64039 posts
Wed Apr-03-19 03:56 PM

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89. "By investing in the market? "
In response to Reply # 88


          

I mean... good luck stashing money in your mattress.

Long term the market is one of the best investments until you are ready to retire.

No guilt for me because the market does what it does regardless of who is in office.

shut up already, damn

  

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PG
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42101 posts
Wed Apr-03-19 04:05 PM

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90. "meh.. no.. though that's a whole stockpile of worm cans to open."
In response to Reply # 89


  

          

no I meant only in terms of letting the performance of your investments mitigate your opinion of such an overtly offensive individual... in terms of the stock market itself.. depends on what you invest in and choose to make money off of...

as for stashing it in the mattress.. i prefer burying it in the woods... I've also witnessed enough crashes to give me pause... realize once you no longer have the cash in hand it's in play or gone... might as well be poker.

  

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legsdiamond
Member since May 05th 2011
64039 posts
Thu Apr-04-19 08:09 AM

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94. "Hmm.. I could see if I was day trading or invested in one stock"
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but unless you cash out right after a crash I don’t think it’s a bad investment long term.

shut up already, damn

  

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PG
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42101 posts
Thu Apr-04-19 01:05 PM

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97. "yeah no.. you pegged it when you said"
In response to Reply # 94


  

          

"No guilt for me because the market does what it does regardless of who is in office."

and that's accurate and fair.

my point was just not to give trump a pass for all is abhorrent behavior because one's investments perform well.. imo some things are more important than making bank.

  

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legsdiamond
Member since May 05th 2011
64039 posts
Thu Apr-04-19 02:05 PM

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98. "Word. Gotcha. Now I see it. "
In response to Reply # 97


          

Fuck Trump

shut up already, damn

  

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double negative
Member since Dec 14th 2007
21006 posts
Wed Apr-03-19 04:32 PM

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91. "Why even get a boner at this point?"
In response to Reply # 0


  

          

if a 401k iss a loooong term investment vehicle why get excited about a temporary up?

The market is going to fluctuate no matter what.

all that matters is to keep feeding the account, keep buying, keep dollar cost averaging all while staying in ETFs - pure equities is a hard and long game most folks are not cut out for and most of us do not have the real firepower needed to reap gains that would make Bernie Madoff weep (also, stay away from options, just...are you Gordon Gecko?)

***********************************************************
https://soundcloud.com/swageyph/yph-die-with-me

  

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infin8
Charter member
9934 posts
Wed Apr-03-19 04:48 PM

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93. "my cowoker's bought 2 cars"
In response to Reply # 0


  

          

already this year.

3 actually

he bought a Toyota TRD (kitted out), gave it to his 'girl', bought another one.

Then he posted a Scat Pack Dodge on IG last night.

his stocks have been performing and he been selling off dividends

I aint mad.

IG: amadu_me

"...Whateva, man..." (c) Redman

  

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Atillah Moor
Member since Sep 05th 2013
13825 posts
Thu Apr-04-19 09:06 AM

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95. "It's likely the result of the past admins hard work imo"
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______________________________________

Everything looks like Oprah kissing Harvey Weinstein these days

  

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legsdiamond
Member since May 05th 2011
64039 posts
Thu Apr-04-19 09:14 AM

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96. "Trump keeps trying to fuck it up with his hot takes"
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shut up already, damn

  

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PimpTrickGangstaClik
Member since Oct 06th 2005
14513 posts
Fri Jan-17-20 01:34 PM

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99. "https://i.makeagif.com/media/3-10-2016/oCzcKM.mp4"
In response to Reply # 0
Fri Jan-17-20 01:36 PM by PimpTrickGangstaClik

  

          

https://i.makeagif.com/media/3-10-2016/oCzcKM.mp4

It was a good year

_______________________________________
You ain't the only one whose got problems. You ain't the only one who knows pain. Get up off your ass and just solve them. You still got a chance to try to change, try the shit again.
Devin tha Dude

  

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Mori
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3327 posts
Sat Jan-18-20 01:22 PM

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100. "If the rates continue, I am retiring at 50. "
In response to Reply # 0


          

If this continues, I am retiring from my job at 50. I have a 26 percent increase. If those interest rates even come down to 7% , I will be a millionaire by 50 and I am 42. I don't make a lot of money and I don't have a business. Just a regular investor.

I have been investing since I was 25. I put a total of $200k away over 18 years with company matches and maxing out my roth ira and my employment pension.

All I can say is now is the time to capitalize off of the stock market or real estate. The housing shortage is real. My condo building in an "emerging neighborhood" is rarely vacant. People cannot find affordable housing and that is driving up the stock market. Very sad but an inverse effect of supply vs. demand.

When housing gets more affordable, the market will mellow out.

Rise & Shine
Thrive & Grind
Heart & Mind

  

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legsdiamond
Member since May 05th 2011
64039 posts
Sat Jan-18-20 06:07 PM

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101. "I’m never mad at making money. "
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shut up already, damn

  

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DavidHasselhoff
Charter member
11407 posts
Sat Jan-18-20 10:55 PM

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102. "Its been growing since before Trump. "
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