Georgia Senate Sweep would crush retirement accounts

[colfax_m]

Wasn’t the stock market supposed to tank when Biden got elected?

Don’t trust these stories. Mostly written by partisan hacks.

Yahoo!

left leaning.

I just give very little credence to these talking heads. They’re mostly full of themselves.

 

[AzogtheDefiler]

Wasn’t the stock market supposed to tank when Biden got elected?

Don’t trust these stories. Mostly written by partisan hacks.

Yahoo!

left leaning.

I just give very little credence to these talking heads. They’re mostly full of themselves.

Not sure what that has to do with the topic

 

[colfax_m]

Not sure what that has to do with the topic

The topic is some schmuck predicting that the market will lose 6-10% if Democrats are elected.
I don’t take his prediction seriously and I don’t take the pearl clutching hyperbole that this correction, if it ever did happen, would crush people.

Just more scare tactics. Seen it a million times.

 

[K9Buck]

No.

The markets and the economy will underperform and the standard of living of poor and middle-class Americans will be diminished, but that's ok. All that matters is that the party is in power!

 

[Toro]

the rubes said that about biden winning

the market knows biden won and the market went up

don't listen to the trailer home crowd

 

[K9Buck]

So your statement is “we ll be fine”. OK...I have 15+ yrs of experience and I say otherwise.

Mac's love, loyalty, and devotion are to the party. Whatever shortcomings occur will be blamed on Trump and the party will be celebrated NO MATTER WHAT.

 

[22lcidw]

No.

Markets will be fine.

The Federal Reserve rules us all.

 

[Toro]

So your statement is “we ll be fine”. OK...I have 15+ yrs of experience and I say otherwise.

And I have 25 years of experience that says you don't know WTF you're talking about

 

[AzogtheDefiler]

Not sure what that has to do with the topic

The topic is some schmuck predicting that the market will lose 6-10% if Democrats are elected.
I don’t take his prediction seriously and I don’t take the pearl clutching hyperbole that this correction, if it ever did happen, would crush people.

Just more scare tactics. Seen it a million times.

You acknowledged that you’re not a finance expert and don’t have neither the education nor the experience but you question someone who does? OK

 

[AzogtheDefiler]

So your statement is “we ll be fine”. OK...I have 15+ yrs of experience and I say otherwise.

And I have 25 years of experience that says you don't know WTF you're talking about

Stay on topic or get reported

 

[AzogtheDefiler]

So your statement is “we ll be fine”. OK...I have 15+ yrs of experience and I say otherwise.

Mac's love, loyalty, and devotion are to the party. Whatever shortcomings occur will be blamed on Trump and the party will be celebrated NO MATTER WHAT.

Our jobs are completely disparate and yet he always compares them. Says he has 380 clients and only 15 are Trump supporters. Somewhere he is lying. No chance he has that many as it would be impossible to manage. He is just a trolling liar.

 

[colfax_m]

You acknowledged that you’re not a finance expert and don’t have neither the education nor the experience but you question someone who does? OK

I know lots of people claim to be able to beat the market...

...and the data shows they can’t.

But they do skim a lot off the top of other people’s money by providing little to nothing of value.

 

[Thinker101]

The markets aren't concerned with the puppet on the podium.
Business is business

Yep, business is business, although when politicians suck the life out of businesses, as they're doing in California and NY, businesses are out of business.

 

[Toro]

Stay on topic or get reported

I've been in the markets for 25 years, you whiny pathetic little snowflake, and I was on topic.

If your widdle feewings can't stand being a man, then STFU.

Your OP is retarded. Even if the article you posted, a 10% decline isn't "crushing retirement accounts. On average, a 10% decline has occurred about once every 18 months for the last two centuries.

You see, I know WTF I'm talking about, unlike you, who has to hide behind the skirts of the mods.

 

[AzogtheDefiler]

You acknowledged that you’re not a finance expert and don’t have neither the education nor the experience but you question someone who does? OK

I know lots of people claim to be able to beat the market...

...and the data shows they can’t.

But they do skim a lot off the top of other people’s money by providing little to nothing of value.

Link doesn’t say “beat the market”. You’re comparing apples and oranges.

 

[AzogtheDefiler]

Stay on topic or get reported

I've been in the markets for 25 years, you whiny pathetic little snowflake, and I was on topic.

If your widdle feewings can't stand being a man, then STFU.

Your OP is retarded. Even if the article you posted, a 10% decline isn't "crushing retirement accounts. On average, a 10% decline has occurred about once every 18 months for the last two centuries.

You see, I know WTF I'm talking about, unlike you, who has to hide behind the skirts of the mods.

10% decline means $50k for someone with $500k in their 401k. That’s real money to retirees. Sorry math isn’t your strong suit.

 

[Aldo Raine]

While Trump due to his polarizing nature seemingly lost the election to a corpse, the Senate remaining red and the House likely going red in 2020 has kept the markets in check. However, if Georgia goes fully blue then the country will go full Leftist/Socialist and markets will crumble.

Georgia runoff results could trigger a 10% stock market selloff: Strategist

A Democratic win of the two contested Senate seats could trigger a selloff in the markets, according to Oppenheimer strategist John Stoltzfus.

www.yahoo.com

In the end money talks. Let's see what happens.

I am curious what others think. Do you want one party rule --- or do you prefer as the markets do, a two party checks and balances rule?

There is a lot to be said for one party rule on the federal level. Sound persons of good character with the Congress behind them can do wonderous things. Medicare Part D for one thing under Bush in 2003. They should have raised taxes to pay for it. One party rule can do terrible things too of course but sound persons of good character can do wonderous things. The ACA is another example.

We didn't have that with your blob. We had a man-child whose character was dead if he ever hand any and a Senate that makes up rules as it goes along and then violates them...see ACB and nominee Garland.

So I have no problem with the Senate turning blue.

So you are OK with retirement accounts tanking as House and Senate push the corpse left?

Sure....why not. I'm set. I got a pension. Of course that isn't going to happen but Its fun to see you're not letting your blob's devastating defeat keep you from making up shit.

You're that old? I thought you were around my age. Interesting.

I'm not collecting a pension...I have one set up though. The one great thing about public sector work...pensions.

Indeed...explains you political views as well.

It explains your jealousy for damn sure.

This just in....

The corpse kicked your blob's ass.


















never gets old.

No jealousy and glad you agree he is a corpse.

I'm sorry you didn't plan as well as I did....
Your blob lost to a corpse. That's gotta suck that your lord and master couldn't beat someone you consider to be dead. LOL

Plan what? Sometimes people vote for corpses. Walking Dead is a great show.

One of the absolutely dumbest shows ever!!!!

MAGA

 

[AzogtheDefiler]

While Trump due to his polarizing nature seemingly lost the election to a corpse, the Senate remaining red and the House likely going red in 2020 has kept the markets in check. However, if Georgia goes fully blue then the country will go full Leftist/Socialist and markets will crumble.

Georgia runoff results could trigger a 10% stock market selloff: Strategist

A Democratic win of the two contested Senate seats could trigger a selloff in the markets, according to Oppenheimer strategist John Stoltzfus.

www.yahoo.com

In the end money talks. Let's see what happens.

I am curious what others think. Do you want one party rule --- or do you prefer as the markets do, a two party checks and balances rule?

There is a lot to be said for one party rule on the federal level. Sound persons of good character with the Congress behind them can do wonderous things. Medicare Part D for one thing under Bush in 2003. They should have raised taxes to pay for it. One party rule can do terrible things too of course but sound persons of good character can do wonderous things. The ACA is another example.

We didn't have that with your blob. We had a man-child whose character was dead if he ever hand any and a Senate that makes up rules as it goes along and then violates them...see ACB and nominee Garland.

So I have no problem with the Senate turning blue.

So you are OK with retirement accounts tanking as House and Senate push the corpse left?

Sure....why not. I'm set. I got a pension. Of course that isn't going to happen but Its fun to see you're not letting your blob's devastating defeat keep you from making up shit.

You're that old? I thought you were around my age. Interesting.

I'm not collecting a pension...I have one set up though. The one great thing about public sector work...pensions.

Indeed...explains you political views as well.

It explains your jealousy for damn sure.

This just in....

The corpse kicked your blob's ass.


















never gets old.

No jealousy and glad you agree he is a corpse.

I'm sorry you didn't plan as well as I did....
Your blob lost to a corpse. That's gotta suck that your lord and master couldn't beat someone you consider to be dead. LOL

Plan what? Sometimes people vote for corpses. Walking Dead is a great show.

One of the absolutely dumbest shows ever!!!!

MAGA

You are nuts

 

[Rigby5]

Not sure what that has to do with the topic

The topic is some schmuck predicting that the market will lose 6-10% if Democrats are elected.
I don’t take his prediction seriously and I don’t take the pearl clutching hyperbole that this correction, if it ever did happen, would crush people.

Just more scare tactics. Seen it a million times.

You acknowledged that you’re not a finance expert and don’t have neither the education nor the experience but you question someone who does? OK

But is your opinion based on your education and experience, or political desires?
Someone like Romney might be better for business than someone like Elizabeth Warren, but between Biden and Trump it is not that clear. For example, Obama was elected on being anti war, but then doubled down on wars all over the Mideast. The Clintons trashed Glass-Steagall, so were for right wing bankers, not unions or poor people. And likely Biden will be like a cross of Obama and Hillary? About the only thing in Trump's favor is he did not start any wars. So hard to say?

 

[Rigby5]

Stay on topic or get reported

I've been in the markets for 25 years, you whiny pathetic little snowflake, and I was on topic.

If your widdle feewings can't stand being a man, then STFU.

Your OP is retarded. Even if the article you posted, a 10% decline isn't "crushing retirement accounts. On average, a 10% decline has occurred about once every 18 months for the last two centuries.

You see, I know WTF I'm talking about, unlike you, who has to hide behind the skirts of the mods.

10% decline means $50k for someone with $500k in their 401k. That’s real money to retirees. Sorry math isn’t your strong suit.

Not really.
Declines are always temporary as inflation forces stocks back up, if nothing else.
No one should lose anything in their 401k from a temporary stock drop unless some emergency comes up that makes then need cash immediately.