You figure Biden's Stock market is good?

[Dr.Know]

Things are not selling because the younger generations dont want to be "Wagees" or wage slaves, so they DoorDash with mommies car.

Biden brought in 20 million illegals to work when Americans are dropping out of the job market AND THE UN Wants the USA to absorb another 80 million of Joes Friends. Smells like a great replacement of workers that could care less about a Constitution, freedom or rights.

 

[Moonglow]

Things are not selling because the younger generations dont want to be "Wagees" or wage slaves, so they DoorDash with mommies car.

Biden brought in 20 million illegals to work when Americans are dropping out of the job market AND THE UN Wants the USA to absorb another 80 million of Joes Friends. Smells like a great replacement of workers that could care less about a Constitution, freedom or rights.

Limited freedoms that is.

 

[Harpy Eagle]

The stock markets are so strong right now that a brewing war in the ME, a dock workers strike and a major hurricane took place and they are holding steady.

 

[g5000]

.

Biden brought in 20 million illegals

A flat out lie.

 

[dblack]

Biden runs the stock market??? Who knew?

 

[candycorn]

Say, how you think your 401Ks are doing, in real life? Sure, they're up about 10% since December, sounds great and all, but the reality is,, the DOW is up as low as 7% since 2021, and that's three years ago.

So with that in mind, the stated (BS) inflation rates for the 2021, 2022, 2023 years are 4.7, 8.0 and 4.1 respectively. Do the math that's 18%, or 18 cents on the dollar. Then figure in some of that 2024 inflation (standing at 3.1, in govt. (BS) terms). So just call it 20 cents on the dollar, close enough to make the points. Nuff said right, 401K (7%-10% increase) lags behind stated (BS) inflation (20% increase).
Suckers , me included.

Check this out too...

The DOW finished December 2019 at 34,874......................Then COVID hit, all bets are off. Say, did you know the DOW increased 65% in 2020 after it had sunk? Pretty good right, I was actualy surprised to see it happen, we can thank govt., big pockets, swindles and globalization. Some left-ish tried to say Biden was responsible for that increase, geeeezuz. Anyway, the DOW has been on the upswing of late, nice (BS). The DOW is currently 39,150. So, it's risen just 12 cents on the dollar (12%) since COVID (Dec. 2019). That's not even 3% a year compounded, CDs get better than that, geeezuz.

Now compare that 12 cents on the dollar for investments to the stated (BS) inflation of 20 cents on the dollar. Heck, we even get to pay taxes on the investments.

That sound like a reflection of the great economy the left tells us this is, all while the grocery store etc. whisper in our ears the govt stated 20% (BS) inflation on the dollar since Dec. 2020 is a load of bullshit?

It depends on what stocks are in your 401k. If you're invested in DJIA stocks, you're doing well.
Most people are.

Our 401k is taken out pre-tax. So unless you withdraw from your account, you're not paying taxes on it.

You sound like you're trying to find some sort of weakness that simply isn't there.

 

[odanny]

I closed Friday at +9.84% almost broke 10%!

This is 5 times better than the market was doing for me at the start of the year. The conundrum I've faced when this occurs is do I siphon off more of these gains when the market is or not?

I mean, I've been doing that once the climb started and it is now a flood, so I guess I keep sandbagging?

 

[Harpy Eagle]

It depends on what stocks are in your 401k. If you're invested in DJIA stocks, you're doing well.
Most people are.

Our 401k is taken out pre-tax. So unless you withdraw from your account, you're not paying taxes on it.

You sound like you're trying to find some sort of weakness that simply isn't there.

I am more heavy into S&P stocks than DJI. YTD the S&P is up 21.2% while the DJI is only up 12.6%

 

[candycorn]

I am more heavy into S&P stocks than DJI. YTD the S&P is up 21.2% while the DJI is only up 12.6%

Highest
Market
Ever

 

[Andrew_Jackson_FTW]

My stocks fell about a week ago, but I recovered much of those losses. On the year up a little.

Unfortunately, most Americans are struggling big time. And I care not only about myself, but how fellow Americans are doing. The price of homes and the general cost of living is astronomical under Biden. These used to be things that Democrats would confront. But they bombard us with filth like gender, race, and foreign. I’m worried about the future of the working man in this country.

We live in a country where the market is OK only for index funds. Even then you better have $100,000 into it to make any kind of a decent return. Then again even then one bad year and boom your portfolio is down 20 or 25% if you’re heavy on index funds.

 

[otto105]

My stocks fell about a week ago, but I recovered much of those losses. On the year up a little.

Unfortunately, most Americans are struggling big time. And I care not only about myself, but how fellow Americans are doing. The price of homes and the general cost of living is astronomical under Biden. These used to be things that Democrats would confront. But they bombard us with filth like gender, race, and foreign. I’m worried about the future of the working man in this country.

We live in a country where the market is OK only for index funds. Even then you better have $100,000 into it to make any kind of a decent return. Then again even then one bad year and boom your portfolio is down 20 or 25% if you’re heavy on index funds.

Hilarious

You know most Americans situation?

Tell us all how FatbElbis will devalue housing in America.

I’ll wait.

 

[Harpy Eagle]

My stocks fell about a week ago, but I recovered much of those losses. On the year up a little.

Do you do your own investing or pay someone to do it?

If your investments are only up a little bit you either need to get a professional or fire the one you have and find a new one

My IRA and 401k

 

[Winco]

In real dollars (adjusted for inflation), DJIA increased 44% under Trump

Under Biden, it only increased a total of 6% in 3.5 years!

Trump made us rich. Biden's giving people a pay cut and cancelling people's retirement!

LOLLOLL at Jim ^^^^. C'mon man...... Man up Jim H - VA USA and admit the truth.

The Truth is Jim......the difference between inflation and wages, and the STOCK MARKET....if you are invested.

Again, how is that Trump’s fault? Did he bring the virus to the world? Again, how is the virus Trump’s fault?

Failed response. "No, I don't take ANY responsibility at ALL." djt
Blaming the COVID response on (D) GOVERNORS is just weak.

 

[Andrew_Jackson_FTW]

Do you do your own investing or pay someone to do it?

If your investments are only up a little bit you either need to get a professional or fire the one you have and find a new one

My IRA and 401k

View attachment 1022654

View attachment 1022656

OK, the main point is most working class Americans do not have enough money to invest let alone for an emergency. I’m talking like $1000. They don’t have $1000 to their name. They can’t go around and hire somebody to invest their money because it doesn’t exist.

I do my own investing and I am in the positive. I own stock in some strong companies like AMD and I’m confident my cryptocurrency will perform well within two years. I own a number of individual equities, cryptocurrency, and I am invested in the S&P 500, which I plan on continuing to invest into year after year for 25-30 years.

Right now, the index funds are doing good. As you might know, index funds are usually carried by about five companies. .. if you invest into the stock market on individual equities there’s a good chance you’re going to lose. The best investors make about 20-40% per year if that….. and those are the people at the top of their game.

Looks like you have index fund type investments if your up 15 points. The S&P 500 is up about 20% and most of the major companies carrying them are up anywhere from 20 to 80% seemingly.

OK that’s great but the major point is most Americans are struggling these days. And I am concerned for them. It’s a hellhole of a country for them with the high price of homes, food costs and the high cost of a mortgage rate. These folks overwhelmingly cannot afford to put a huge sum of money into the stock market. most Americans can’t afford an emergency right now.

I’d like to see a strong middle class and a strong market. We don’t have the former right now. And the reason why we have the latter is because the S&P 500 and the NASDAQ are carried by a few very powerful companies. In the future you could have a year where the index fund loses 20 or 25%.

 

[Winco]

We live in a country where the market is OK only for index funds. Even then you better have $100,000 into it to make any kind of a decent return. Then again even then one bad year and boom your portfolio is down 20 or 25% if you’re heavy on index funds.

And I am concerned for them.

LOLOLLO at your concern. Laughable.
As mentioned, I have a foundation that actual collects money and gives it back to the members of my community. It's only a Thousand to Five Thousand per year, but it's more than YOU give.
Am I wrong? Andrew_Jackson_FTW

 

[Winco]

the DOW is up as low as 7% since 2021, and that's three years ago.

First ....... 2021

NOW.....2024

 

[JohnDB]

What we need is tariffs to bring back industry to America. Then a moratorium of imported stolen technology.

Meaning American produced goods would increase overnight. Exports would increase greatly as well. Then wages would increase by orders of magnitude. We would still have severe labor shortages even with large amounts of automation.

Then those imported goods, where expensive, would be affordable again.

 

[Harpy Eagle]

What we need is tariffs to bring back industry to America. Then a moratorium of imported stolen technology.

Meaning American produced goods would increase overnight. Exports would increase greatly as well. Then wages would increase by orders of magnitude. We would still have severe labor shortages even with large amounts of automation.

Then those imported goods, where expensive, would be affordable again.

so, what you are saying is we need even more inflation than what we had the past 3 years so that things can be affordable again.

love this logic, no wonder you are MAGA cult member

 

[JohnDB]

so, what you are saying is we need even more inflation than what we had the past 3 years so that things can be affordable again.

love this logic, no wonder you are MAGA cult member

Inflation is already here....not going away due to a LOT of factors like Government spending of money they do not have. (Printing money)

The strong dollar policies of Biden Administration has massively increased the cost of goods abroad. So USA exports are down but imports are not seen as increased.

Trump (and Republicans in general) favor a weak dollar policy which makes American goods cheaper on the world stage. Exports increase exponentially. If at the same time we increase the cost of imported goods....manufacturing comes back to the USA so it can be done cleaner and more efficiently. And those goods will sell on the world market.

It can create a situation where even with AI and automation there will be plenty of jobs and even a labor shortage. So at least our government will stop lying about unemployment numbers.

 

[JohnDB]