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Election investing advice
Posted on 4/3/24 at 12:58 pm
Posted on 4/3/24 at 12:58 pm
New to Money Talk. Need opinions on Nov. election. I am a Trump supporter.
I see two scenarios:
First is a Trump victory despite all the fraud and a move by electors, Dems in Congress and/or administration to not certify the election. Maybe go so far as to ignore Supreme Court and we still have Biden/Harris for foreseeable future. A coup. In the past I would have said the military would step in but not so sure anymore.
Second is a Biden victory with the fraud so blatant that obvious we have one party rule on the national level into the future.
My wife and I are retired and besides our incomes have savings/investments mostly conservatively invested for preservation and moderate income. Try to keep risk as low as possible.
What does the folks on this board recommend? Serious question
I see two scenarios:
First is a Trump victory despite all the fraud and a move by electors, Dems in Congress and/or administration to not certify the election. Maybe go so far as to ignore Supreme Court and we still have Biden/Harris for foreseeable future. A coup. In the past I would have said the military would step in but not so sure anymore.
Second is a Biden victory with the fraud so blatant that obvious we have one party rule on the national level into the future.
My wife and I are retired and besides our incomes have savings/investments mostly conservatively invested for preservation and moderate income. Try to keep risk as low as possible.
What does the folks on this board recommend? Serious question
12
Posted on 4/3/24 at 1:13 pm to dietcoke7
quote:
What does the folks on this board recommend? Serious question
Stop watching Fox News
Posted on 4/3/24 at 1:16 pm to dietcoke7
quote:
What does the folks on this board recommend? Serious question
You probably thought obama was gonna get a third term too
Posted on 4/3/24 at 1:19 pm to dietcoke7
quote:
What does the folks on this board recommend?
Ignore the elections when it comes to investing.
Posted on 4/3/24 at 1:27 pm to dietcoke7
Oh FFS, I recommend you turn off the news, get off social media and start enjoying your retirement. Worrying about hypothetical scenarios that will never materialize seems like a complete waste of your golden years.
Posted on 4/3/24 at 1:46 pm to dietcoke7
quote:
Serious question
No, it's not.
Posted on 4/3/24 at 1:54 pm to JohnnyKilroy
quote:
You probably thought obama was gonna get a third term too
Have you been paying attention?
This is Obama’s third term.
Posted on 4/3/24 at 4:31 pm to dietcoke7
Say what you want about Joe Biden, but if you think *he* is the authoritarian who would stage a coup to maintain power ... I don't really know what to tell you.
Posted on 4/3/24 at 4:40 pm to JohnnyKilroy
We are in his 3rd term
Posted on 4/3/24 at 5:22 pm to dietcoke7
quote:
Serious question
Serious answer:
Posted on 4/3/24 at 6:45 pm to dietcoke7
Making financial decisions based on the knowledge you are presenting is a great way to lose money
Posted on 4/3/24 at 6:47 pm to dietcoke7
You came to a board where 90% of people vote Republican. And we all think you are a dimwit
Posted on 4/3/24 at 10:47 pm to Dawgfanman
[quote]Ignore the elections when it comes to investing[/quote
That’s what I’m doing,haven’t changed anything. I’m about 60% stocks and stock mutual funds,40% cash in CD’s,(I’m 73)Nevertheless,I’m pretty pessimistic about the future.
I think we are fricked.I see the Cloward-Piven strategy coming to fruition.
That’s what I’m doing,haven’t changed anything. I’m about 60% stocks and stock mutual funds,40% cash in CD’s,(I’m 73)Nevertheless,I’m pretty pessimistic about the future.
I think we are fricked.I see the Cloward-Piven strategy coming to fruition.
Posted on 4/3/24 at 10:58 pm to LSUA 75
In the 11.5 years we’ve had of Obama and Biden, the S&P 500 is up a cumulative ~275%.
I don’t care about the election for my broad investments.
I don’t care about the election for my broad investments.
Posted on 4/4/24 at 7:15 am to slackster
quote:
In the 11.5 years we’ve had of Obama and Biden, the S&P 500 is up a cumulative ~275%.
All fake. That +275% is gonna turn into -75% any day now. Annnnnny day now.
Posted on 4/4/24 at 9:06 am to dietcoke7
quote:
What does the folks on this board recommend?
I’m betting you’ve purchased gold from that old guy on the Fox News Channel.
Turn off the news and enjoy your retirement.
I have a friend that went to cash right before Obama was elected because, “the market’s going to crash if Obama becomes POTUS.” He sat in cash for years waiting for a reentry point, missing out on big gains.
Stop trying to time the market.
Posted on 4/4/24 at 9:02 pm to dietcoke7
You just watch the fed buddy. When they cut, that means Biden is implementing martial law and it’s time to pull some out of stocks. Bookmark it.
Posted on 4/4/24 at 9:15 pm to Dawgfanman
quote:
Ignore the elections when it comes to investing.
This is the answer
Posted on 4/4/24 at 10:35 pm to dietcoke7
I see two options:
1)Stock market goes up over my working life. So I will try to keep investing regularly.
2) It crashes, never comes back, and we end up eating tree bark.
I am going to keep betting on number 1, cause number 2 sounds depressing.
I will say that election years tend to be tumultuous, so I figure there will be some wild swings and I like to buy on red days. Not sure if there is any real math behind that, but it makes me feel good to buy on those days.
1)Stock market goes up over my working life. So I will try to keep investing regularly.
2) It crashes, never comes back, and we end up eating tree bark.
I am going to keep betting on number 1, cause number 2 sounds depressing.
I will say that election years tend to be tumultuous, so I figure there will be some wild swings and I like to buy on red days. Not sure if there is any real math behind that, but it makes me feel good to buy on those days.
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