What the heck happened at 1400 to send the market to the moon?

[odanny]

Even though most of my holdings are in cash (due to the tariff uncertainty), the remainder is +7.84% today, a new high for the year.

 

[Dekster]

I don't think I have any more CD's rolling over until next summer so whatever about the rate cut. Since he called it something like a risk management cut, I assume Powell is well aware that we are at high risk for proper stagflation if they aren't careful.

 

[odanny]

I don't think I have any more CD's rolling over until next summer so whatever about the rate cut. Since he called it something like a risk management cut, I assume Powell is well aware that we are at high risk for proper stagflation if they aren't careful.

I no longer consider it a question of if, but more of when. Eventually these tariffs will depress exports and combined with a hiring slowdown (which is in progress) and rising prices the bottom will fall out.

I planned for this a little too early, but I'm okay with it, I'll buy back in after the crash.

 

[SweetTea]

I no longer consider it a question of if, but more of when. Eventually these tariffs will depress exports and combined with a hiring slowdown (which is in progress) and rising prices the bottom will fall out.

I planned for this a little too early, but I'm okay with it, I'll buy back in after the crash.

Yes, you planned way too early. Eventually, at some point maybe not even under Trump, the market will crash, it always does, but banking on tariffs being the impetus is not well founded. Left-wing talking economic heads want it to be the case, but that doesn’t make it so.

 

[San Souci]

Lower interest rates hurt my savings.

Tough. A Penny scrounged is a Penny Bogarted. Try investing-- Much more profit.

 

[odanny]

Yes, you planned way too early. Eventually, at some point maybe not even under Trump, the market will crash, it always does, but banking on tariffs being the impetus is not well founded. Left-wing talking economic heads want it to be the case, but that doesn’t make it so.

Better safe than sorry, but right now the market is the highest (for my portfolio) it has been at any time in 2025. I think some more information on Trump's tafiffs has made its way to Wall Street, and now corporations have realized no restrictions on anything, its the Wild West, which will make investors happy with their returns, until reality comes creeping back in. Who knows when that day will come.

 

[Woodznutz]

Tough. A Penny scrounged is a Penny Bogarted. Try investing-- Much more profit.

No problemo. I actually have more money than I know what to do with. I'm keeping it safe now.

 

[San Souci]

No problemo. I actually have more money than I know what to do with. I'm keeping it safe now.

Well ,try CD's. Short term-- Since I am 75 , I have no reason to want more money. I put the bulk in short term CD's and SPEND the rest.

 

[Woodznutz]

Well ,try CD's. Short term-- Since I am 75 , I have no reason to want more money. I put the bulk in short term CD's and SPEND the rest.

I'm in short term CD's and MYGAs (multi year guaranteed annuities). I'm 85 and still working, so in addition to investment income I still get a paycheck.

 

[San Souci]

I'm in short term CD's and MYGAs (multi year guaranteed annuities). I'm 85 and still working, so in addition to investment income I still get a paycheck.

I worked as a Senior Loan Officer for a Major bank till 62. Retired. Started my own little business. COVOD ended that. So I have been officially retired for 5 years.

 

[Woodznutz]

I worked as a Senior Loan Officer for a Major bank till 62. Retired. Started my own little business. COVOD ended that. So I have been officially retired for 5 years.

I'll probably retire in next five years. I love my job but it gets harder every year. If housing prices come down substantially that might trigger my retirement as I will want to buy a place to retire in. My boss provides me a house now but I won't stay in it and pay him rent when I do retire. I also want to get out of the city. I might even buy a run-down place and fix it up, for something to do.

 

[Woodznutz]

Even though most of my holdings are in cash (due to the tariff uncertainty), the remainder is +7.84% today, a new high for the year.

Nice!

 

[San Souci]

I'll probably retire in next five years. I love my job but it gets harder every year. If housing prices come down substantially that might trigger my retirement as I will want to buy a place to retire in. My boss provides me a house now but I won't stay in it and pay him rent when I do retire. I also want to get out of the city. I might even buy a run-down place and fix it up, for something to do.

I have small Condo--Own outright. Kids and Grandkids all in Texas-- PS--Moving out of City is smart.

 

[odanny]

No problemo. I actually have more money than I know what to do with. I'm keeping it safe now.

Once the market started rising back in Mar-April time frame, I started making withdrawals, strike when the iron is hot, saying I'm shooting for a certain sum as my balance, seeing if I can stay just above. Since then I've made numerous withdrawals right to this number, and it has yet to go below it, as my balance keeps rising.

Sometimes, in a rising market, it just becomes stupid money.

 

[SweetTea]

Better safe than sorry, but right now the market is the highest (for my portfolio) it has been at any time in 2025. I think some more information on Trump's tafiffs has made its way to Wall Street, and now corporations have realized no restrictions on anything, its the Wild West, which will make investors happy with their returns, until reality comes creeping back in. Who knows when that day will come.

I knew in the back of my mind that I should have moved most of my money out in 2021. Sadly, I didn’t and I took a big hit in 2022.

 

[Woodznutz]

I have small Condo--Own outright. Kids and Grandkids all in Texas-- PS--Moving out of City is smart.

I had a small hobby farm once. Later moved to a 2-acre patch in the woods in a mobile home. Loved it. Wife didn't so we moved back to the city.