Toddsterpatriot
Diamond Member
Well I am happy that you have recovered in 2016, but I guess the problem here is that you aren't smart enough to separate politics from investing.I wasn't the only one afraid of Obama's weak recovery from the Obama 8 year recession and endless combat warfare....but don't worry I've done great since 2016....Wait wait wait,It worked for me in 2016...With my investments at high risk....I was able to semi retire when 2 years earlier I was looking at working till I died....now I play golf all week...You should not rely on an election result to make your investment decisions. The state of the world at the moment makes it almost impossible to make longer term plans.Buy low sell high....we are no where near the high...just wait until Trump wins in 2020 the Market will go up like we never thought possible...if you are getting out now you are passing up the biggest gains you ever had....
You mean to tell us you didn't make money in the 7+ year super Bull market under Obama that saw the S&P gain over 300%?????????????? You must be the only idiot in the world to not make money on that run.
The market has been great under Trump BUT it is only up ~24% vs 300% for Obama????
You missed out on one of the greatest bull markets ever over politics...
If you would have paid attention you would have seen that the US was putting up great economic numbers quarterly GDP came in at 4% and higher numerous times under Obama... How many quarters has Trump done that??? (here's a hint NONE)
On top of that US companies were producing record profits and crushing earnings.
Obama had a great stock market and he had times when he was putting up good economic numbers, sometimes better than Trump, and certainly good enough to be in stocks...
I would never let politics interfere in my trading decisions.
Just so you know the US has been printing slightly weaker economic numbers (although retail sales were just big) and we have the very real possibility of a bigger market crash if this trade war drags on, don't start crying when you lose all of your retirement in the crash because you think trump can't crash the economy, remember the Bush meltdown.
The key to investing/trading is to look at the 1)charts 2) look at the economic data 3)Look at the companies data etc. If you would have done that you would have easily seen that buying stocks would be a big win as all 3 of those things justified buying.
the US was putting up great economic numbers quarterly GDP came in at 4% and higher numerous times under Obama...
You mean four times?
One less than it came in negative under Obama.