O....M....G....DJIA Hits 50,000 Another huge win for Trump

[Mashmont]

Down for the 4th straight week.

S&P 500 drops 1%, heads for fourth-straight losing week as losses mount from Iran war impact: Live updates

Stocks fell Friday as traders kept monitoring the Iran war, with the major averages on pace to record another losing week.

www.cnbc.com

If an 8-9% dip is so stressful for you, maybe you shouldn't be in the stock market, because these kinds of swings and worse happen all the time. Remember when 0bama and his crew tanked the market by 50%? I had a buddy who lived and died on every swing. He had maybe $100,000 invested. As the old casino adage goes, you can't play with scared money. People below a certain threshold sweat every little valley. Stocks aren't for everybody. Perhaps fixed-rate CDs like we got for my mother-in-law would be better suited for you and Winco. Just a thought.

 

[jacksonlamb]

If an 8-9% dip is so stressful for you, maybe you shouldn't be in the stock market, because these kinds of swings and worse happen all the time. Remember when 0bama and his crew tanked the market by 50%? I had a buddy who lived and died on every swing. He had maybe $100,000 invested. As the old casino adage goes, you can't play with scared money. People below a certain threshold sweat every little valley. Stocks aren't for everybody. Perhaps fixed-rate CDs like we got for my mother-in-law would be better suited for you and Winco. Just a thought.

Why should people pay for Trump's messed up foreign policy.

 

[HikerGuy83]

Why should people pay for Trump's messed up foreign policy.

"Pay for it"?

Like the money they lost they actually put into it?

Get a grip.

 

[jacksonlamb]

"Pay for it"?

Like the money they lost they actually put into it?

Get a grip.

It's their money in the markets, and it is going down.

So, of course, they are 'paying' for it.

You know that Trump has no concept of what living hand to mouth means at all.

I did. What's going on does not economically affect me at all, but I can remember when it did.

 

[HikerGuy83]

It's their money in the markets, and it is going down.

The market only recently climbed so they made money in the market.

Then they lost it. Tough.

I've lost money. Not money I put in.

So, of course, they are 'paying' for it.

The market just took it back.

You know that Trump has no concept of what living hand to mouth means at all.

Nobody living hand to mouth is in the market.

I did. What's going on does not economically affect me at all, but I can remember when it did.

The market giveth...the market taketh away.