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re: Anybody cashing out when Dow hits 30K?

Posted on 11/22/20 at 6:39 pm to
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
120044 posts
Posted on 11/22/20 at 6:39 pm to
I'm 4 years from a planned retirement. I'm up 20% this year overall, after being down 20% in May. Makes me nervous. I wanted 4 more years of a businessman in the white house, but we are back to career politicians running everything.
Posted by Tigerfan56
Member since May 2010
10521 posts
Posted on 11/23/20 at 8:19 am to
quote:

I'm 4 years from a planned retirement. I'm up 20% this year overall, after being down 20% in May. Makes me nervous. I wanted 4 more years of a businessman in the white house, but we are back to career politicians running everything.


I know it’s the catchy and popular thing to say amongst conservatives- but there isn’t any real reason to believe Biden is inherently bad or worse for the stock market than Trump. Certain sectors - sure, same as Trump would be worse for certain sectors than Biden. The overall stock market, nothing supports that fear - it’s irrational and mostly emotionally charged (people who don’t like Biden and like Trump).
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