Market all of a sudden looks sick

[Lisa558]

The US against the world is a fool’s bargain. Trump doesn’t understand international politics and is leading us closer to WW3.

There were no new wars under Trump. But Biden…..what a mess. Russia invades Ukraine, and the Islamic terrorists massacre Jews.

 

[John Edgar Slow Horses]

To me, this downturn in the market is when I buy most of my stocks. I have good solid companies in my portfolio and I'll add more shares when their prices drop like they are now. I'm always looking for new opportunities as well. I know that with Trump in office, the economy will turn around and I hope to have a larger share when it comes back.

No, it won't, and you and I will keep making good sales through the next twenty odd months.

 

[John Edgar Slow Horses]

I truly believe that those countries cannot afford to get into a trade war with the US. I believe they will "bend the knee" so to speak.

You got it backwards.

Our allies will be here for a long time, and Trump for less than four years, maybe much less.

 

[konradv]

You are talking to an intelligent woman. I already bought gold.

I expect it will rise in value if stocks drop, and then I can sell the gold to either:

1) buy back into the market while prices are low, or
2) use (some of) the cash from the gold to pay the taxes on a ROTH conversion while prices are low

Tanking the dollar doesn’t bother you or are you figuring the next Democratic administration will bail the US out again and you can make more bucks?

 

[Lisa558]

No, it won't, and you and I will keep making good sales through the next twenty odd months.

You’re planning to sell as your stocks go down? And then what? Buy them back after they recover?

My single best investment was buying at a low in the 2008 crash. Retired two years early as a result.

My second best investment was on the advice of my late father, may he RIP, when he suggested I cash out my 12% CD and pay the penalty (Oct 1987) and buy Fidelity Magellan, which had just dropped by nearly half the week before. I doubled my money in 12 months.

 

[Lisa558]

Tanking the dollar doesn’t bother you or are you figuring the next Democratic administration will bail the US out again and you can make more bucks?

Who says the dollar will tank? Stock prices may drop, and it’s a good investment at that point.

 

[konradv]

There were no new wars under Trump. But Biden…..what a mess. Russia invades Ukraine, and the Islamic terrorists massacre Jews.

Trump is leading us towards WW3 by giving in to Putin, like Chamberlain did to Hitler.

 

[konradv]

Who says the dollar will tank? Stock prices may drop, and it’s a good investment at that point.

If tariffs increase prices, $10 eggs will be a bargain.

 

[Lisa558]

Trump is leading us towards WW3 by giving in to Putin, like Chamberlain did to Hitler.

Biden kicked off the Middle East War by funding Islamic terrorists against Jews.

 

[Lisa558]

If tariffs increase prices, $10 eggs will be a bargain.

You weren’t worried when Bidenomics doubled egg prices.

And stop with the scare tactics. The election is OVER.

 

[konradv]

Biden kicked off the Middle East War by funding Islamic terrorists against Jews.

Thanks for the history lesson, now on to today’s news!

 

[konradv]

You weren’t worried when Bidenomics doubled egg prices.

And stop with the scare tactics. The election is OVER.

Tariffs aren’t scare tactics; they’re promises from Trump.

 

[Lisa558]

Thanks for the history lesson, now on to today’s news!

Yes, I agree…..every day is exciting news since Trump took over. Illegal immigration has been halted and HAMAS is returning hostages since they know Trump has Israel’s back.

 

[PredFan]

The US against the world is a fool’s bargain. Trump doesn’t understand international politics and is leading us closer to WW3.

The US is not against the whole world. Trump understands bargaining and how to get others to do what he needs them to do. "International politics" has proven itself to be unproductive at best, and destructive at worst. It's time for a different approach.

 

[PredFan]

No, it won't, and you and I will keep making good sales through the next twenty odd months.

Whatever, you've never been right about anything.

 

[PredFan]

Since you seem so smart about investing, let me ask your opinion about the following:

While a down-market is a good time to invest, what about taking advantage of the low prices to convert a portion of my traditional IRA to a ROTH? (Can’t be too much, because….. taxes.) That way, not only do I make money on the way back up, but all that gain is tax-free.

I admit to being ignorant about the differences between those two. Sorry.

 

[PredFan]

You got it backwards.

Our allies will be here for a long time, and Trump for less than four years, maybe much less.

You are confused as always. They cannot last even a few months in a trade war with us.

 

[Lisa558]

I admit to being ignorant about the differences between those two. Sorry.

OK….thx anyway.

 

[otto105]

To me, this downturn in the market is when I buy most of my stocks. I have good solid companies in my portfolio and I'll add more shares when their prices drop like they are now. I'm always looking for new opportunities as well. I know that with Trump in office, the economy will turn around and I hope to have a larger share when it comes back.

Hilarious

See brownback's kansas.

 

[konradv]

The US is not against the whole world. Trump understands bargaining and how to get others to do what he needs them to do. "International politics" has proven itself to be unproductive at best, and destructive at worst. It's time for a different approach.

Yeah, I forgot, he loves Putin, Xi, Kim and Saudi money.