The Stock Market Was Overdue for a Correction

[WorldWatcher]

Here's a more detailed explanation:

No Limit on Number of Accounts:

There's no rule against having multiple 401(k) accounts, which can occur when you switch employers or have a Solo 401(k) in addition to a 401(k) from a W-2 employer.

Yes you can end up with multiple 401K accounts if you change employers. You have a choice to keep them separate or do a “rollover” to merge them.

A Solo 401K account is basically an employer account as it is only available to a business owner who has no employees.

WW

 

[Billiejeens]

didn't you get the memo? it's patriotic to pay more now.

I remember when Joe Biden made that statement.

Biden Says Paying More in Taxes is Patriotic; If You Send A Check, They Will Cash It​

 

[rightwinger]

That never happened, though.

Those TRUMP casinos are gone

 

[Sherlock Holmes]

Do you two have any idea how the market works and why?

Yes, I worked in the City of London for fifteen years developing brokerage and trading systems technology for equities and fixed income securities, I know all about it.

 

[Sherlock Holmes]

Those TRUMP casinos are gone

Yes, even though the house always has the advantage he managed to fuck even that up, that's a special kind of "business man" right there.

 

[Blaster]

The stock market is a con game. Most of my investments are outside the market.

 

[Hollie]

Well a retirement account of mine has lost 11,000 dollars in six days and all attributable to republican sycophancy and our new dictator in chief, at least I wasn't one of the lemmings who voted for this.

I fully expect a lot of insider trading to be taking place amongst the cabinet if not the republican party proper, being able to suppress the market as and when one chooses to is a license to print money.

Trump decides what he wants when he wants and no doubt sold stock before "liberation" day and is buying it back again now that price has fallen.

Of course such insider trading is now not illegal or at least not prosecutable when it's the president doing it, what a sad mess this is turning out to be.

View attachment 1097239​

That was quite the admission that you’re utterly incompetent regarding financial matters.

 

[rightwinger]

didn't you get the memo? it's patriotic to pay more now.

MAGA thinks Canada and China will send us tariff checks

 

[Billiejeens]

Yes, I worked in the City of London for fifteen years developing brokerage and trading systems technology for equities and fixed income securities, I know all about it.

Doesn't seem like it.

(a Government Puke - makes sense)

 

[Billiejeens]

The stock market is a con game. Most of my investments are outside the market.

Certainly a choice

 

[Hollie]

Yes, I worked in the City of London for fifteen years developing brokerage and trading systems technology for equities and fixed income securities, I know all about it.

Of course you did, dear.

You also commanded the French forces at Waterloo, right?

 

[John Edgar Slow Horses]

The stock market is a con game. Most of my investments are outside the market.

Have know when to hold them and when to fold them. Experience, wisdom, and common sense help.

 

[Billiejeens]

Yes, even though the house always has the advantage he managed to fuck even that up, that's a special kind of "business man" right there.

Something else you know nothing about.

Shock

 

[meaner gene]

Horseshit.

Investors only react to profits.

The tariffs are doing exactly what they were intended to do. They're moving money out of stocks and into bonds, which includes Treasury bonds.

Who sold you that kettle of fish?

Tariffs are supposed to bring business, and jobs back to the USA.

 

[WorldWatcher]

Of course you did, dear.

You also commanded the French forces at Waterloo, right?

I doubt it.

Sherlock Holmes is from Britian.

More likely he was defending those airports that Washington took over during the Revolutionary War.

WW

 

[John Edgar Slow Horses]

I doubt it.

Sherlock Holmes is from Britian.

More likely he was defending those airports that Washington took over during the Revolutionary War.

WW

It's good to know CiC Trump is up on his air force history.

 

[WorldWatcher]

Yes, I worked in the City of London for fifteen years developing brokerage and trading systems technology for equities and fixed income securities, I know all about it.

[OFF TOPIC]

My daughter was Stationed in Germany and her best friend from law school was a Solicitor with a firm in London.

I will always FREAKING hate COVID as we had a month long trip planned that fell through. As a WESTPAC sailor I always wanted to get to that side of the pond. Retiring this year so my wife and I can start planning now for next year, sad part is our daughter is now in Okinowa so won't be there with us. 3 weeks for so in Scottland/Ireland and then a whole week in London.

WW

[/OFF TOPIC]

 

[WorldWatcher]

It's good to know CiC Trump is up on his air force history.

WW

 

[Hollie]

I doubt it.

Sherlock Holmes is from Britian.

More likely he was defending those airports that Washington took over during the Revolutionary War.

WW

Shylock also invented sliced bread and canned pet food,

 

[WorldWatcher]

Shylock also invented sliced bread and canned pet food,

???

(I don't get it.)

WW