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Started By
Message
Stock Market Dive Commences
Posted on 1/22/21 at 8:50 am
Posted on 1/22/21 at 8:50 am
DOW down 200 this morning as the honeymoon nears an end. The Dems want the market sell off to start so they can recoup taxes made on gains. Biden’s policies already starting to rattle Wall Street. Get out while you can. Business friendly environment has stopped
18
Posted on 1/22/21 at 8:51 am to Catchfalaya
I'll give it a few more days....but I am ready to go to cash and gold when needed.
Thanks for the update....
Thanks for the update....
Posted on 1/22/21 at 8:52 am to Catchfalaya
I’m sure it’s coming at some point but 200 points is nothing
Posted on 1/22/21 at 8:52 am to Catchfalaya
quote:
Small Business friendly environment has stopped
FIFY
Posted on 1/22/21 at 8:53 am to Catchfalaya
I’ve already reallocated my 401K.
Posted on 1/22/21 at 8:54 am to Catchfalaya
quote:So you think a market decline of -.6% is significant??
Stock Market Dive Commences
DOW down 200 this morning
Posted on 1/22/21 at 8:54 am to Catchfalaya
I stopped all my 401k contributions. I’m moving all assets to bank accounts and buying properties.
Posted on 1/22/21 at 8:54 am to Catchfalaya
A correction is coming, but it has more to do with a 40% run up than anything else.
Posted on 1/22/21 at 8:55 am to Catchfalaya
As much as I am not on board with Biden, I am not going to worked up when the market is down 0.56%
Wake me up when it is down 10%, so I can buy
Wake me up when it is down 10%, so I can buy
Posted on 1/22/21 at 9:07 am to Catchfalaya
quote:These posts always age well
Get out while you can.
Posted on 1/22/21 at 9:09 am to Catchfalaya
Do annuities help with this taxation. Not a finance person..
Posted on 1/22/21 at 9:10 am to Catchfalaya
quote:
Stock Market Dive Commences
Can we not do this every time it drops and inevitably rises only to drop again?
Both sides look foolish. Let's wait a bit and see what kind of actual trend emerges and then maybe decide what caused it.
I know that's no fun, but these threads always look stupid by the end of the day
Posted on 1/22/21 at 9:12 am to Catchfalaya
It's just a buying opportunity created by Democrats.
Investing is not a political game.
Investing is not a political game.
Posted on 1/22/21 at 9:14 am to Catchfalaya
I think the BIG DROP comes when tax reform bills are introduced: personal, capital gains, corporate, etc.
And it will come!
And it will come!
Posted on 1/22/21 at 9:16 am to Catchfalaya
It really feels like the same cheering for the stock market to drop that happened under Trump.
A rising tide lifts all boats.
A rising tide lifts all boats.
Posted on 1/22/21 at 9:18 am to Catchfalaya
quote:Dude the stock market runs on cash, we are fixing to pump 1.9 TRILLION dollars into the economy. Yes, it is worthless paper, but 1.9 trillion and interest rates at 0? The market is going nowhere.
Stock Market Dive Commences
Now, if we ever, ever ever decide to take our medicine, it is going to be a shitstorm of epic proportions. Like jumping out of buildings, eating dirt kinda shite. Not a 200 point dip that will be back positive by 11AM
Posted on 1/22/21 at 9:20 am to Catchfalaya
Lots of buying opportunities between now and 2022.
Posted on 1/22/21 at 9:21 am to Catchfalaya
reduced my positions a bit Yellen's bit about unrealized gains is fricking ridiculous.
Posted on 1/22/21 at 9:38 am to Catchfalaya
OP is a financial moron, a market decline of 0.6% is absolutely nothing.
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