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re: Biden voters ready to give up 401k and the stock market.

Posted on 7/19/20 at 7:06 am to
Posted by Jp1LSU
Fiji
Member since Oct 2005
2542 posts
Posted on 7/19/20 at 7:06 am to
quote:

We all sell and help fulfill Trump’s prediction of Joe’s election causing a crash.

A better solution may be help Trumps re-election. I’ve worked myself to a good stage in life. I hope I get to enjoy it.


You can convert to cash to protect your money from Biden’s policies or to protect your cash from the Trump recession. Either way some people’s stock investments have been decimated in the past 2-3 years so it’s not worth it to sell at a loss. Some that are in a position to sell will most likely move to cash positions. Depends on how closely you tie politics to markets I guess.
Posted by TejasHorn
High Plains Driftin'
Member since Mar 2007
11631 posts
Posted on 7/19/20 at 7:41 am to
The problem for Trump is everyone outside his (shrinking) base doesn’t really buy these shock approaches with ole Joe. He’s not out to tank our 401k etc. just like Obama wasn’t with 8 years in office. The stock market went gangbusters. Joe is a known quantity and to the middle compared to Obama.

The approach of a sound economy was a winner. But as things went south by act of God we’ve seen the emperor has no clothes... as suspected. Should’ve developed a national virus policy, locked things down for a relatively short time and we’d be like Europe and China now. Getting past it and opening up, not the other direction.
Posted by OverseasBengal
Member since Dec 2018
1107 posts
Posted on 7/19/20 at 7:43 am to
Good of horn to give us the short bus take on things. Now let the adults talk boy
Posted by Zarkinletch416
Deep in the Heart of Texas
Member since Jan 2020
8689 posts
Posted on 7/19/20 at 7:54 am to
Yep, in addition to the 401k's Creepy Joe and his commie democrat pals want those IRA Retirement Accounts too.
Posted by paul02085
Shelby, Al (Lay Lake)
Member since Sep 2006
1386 posts
Posted on 7/19/20 at 10:26 am to
The communists on this board are our enemies. One day soon there will be no more responding by text only by other MEANS.
Posted by Taxing Authority
Houston
Member since Feb 2010
63500 posts
Posted on 7/19/20 at 11:06 am to
quote:

You can convert to cash to protect your money from Biden’s policies
Nope. Capital flight would make the dollar worthless.
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 7/19/20 at 11:11 am to
quote:

Either way some people’s stock investments have been decimated in the past 2-3 years so it’s not worth it to sell at a loss.


2-3 YEARS? WTF are you talking about? Anybody who lost money over the last 2-3 YEARS should not be investing at all.
Posted by Tchefuncte Tiger
Bat'n Rudge
Member since Oct 2004
63430 posts
Posted on 7/19/20 at 11:19 am to
quote:

Biden will get destroyed in a debate...


Which is exactly why there aren't going to be any debates.
Posted by badguppy
Member since Jul 2019
58 posts
Posted on 8/10/20 at 1:54 am to
I'm not even gonna read that red herring. No one mentioned that old timer's nombre. We're not talking about that whatsoever. Start a thread
Posted by StrawsDrawnAtRandom
Member since Sep 2013
21146 posts
Posted on 8/10/20 at 2:23 am to
quote:

Biden will get destroyed in a debate...



Which is exactly why there aren't going to be any debates.


I guess I get it. It's stupid, but they can at least be assured that it will be a close race if people don't pay attention to just how bad Joe Biden is, cognitively speaking. However, I think he will lose regardless right now if he's not replaced.

Trump took some serious steps for relief while the parties bickered, and I think he will do more as it gets closer to election. It was a smart move.

If they debate, Trump will brutalize him. Trump's entire campaign was launched because of how well he debated and kept himself in the headlines.

Biden couldn't win a single debate in a primary that was basically rigged for him to win from the start. Trump also doesn't follow the rules, he will sucker punch you whereas the Democratic debates were basically pillow fights.
This post was edited on 8/10/20 at 2:25 am
Posted by Icansee4miles
Trolling the Tickfaw
Member since Jan 2007
32261 posts
Posted on 8/10/20 at 5:32 am to
The bulk of Biden supporters can’t spell 401k, much less have one.
Posted by FlyingTiger1955
Member since Jan 2019
5765 posts
Posted on 8/10/20 at 6:23 am to
I heard that and cannot believe the Trump campaign and the GOP are ignoring it. They need to blast it all over the place so that everyone knows it. It will destroy Biden with older voters who rely on those plans as part of a retirement plan.
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 8/10/20 at 6:27 am to
quote:

from the Trump recession


WTF is this bullshite?
Posted by burdhead
WOMP WOMP!!
Member since Apr 2017
6008 posts
Posted on 8/10/20 at 6:31 am to
quote:

only by other MEANS.
Posted by Niccolo Machiavelli
Member since Jun 2020
1622 posts
Posted on 8/10/20 at 6:33 am to
Muh national virus policy

Translation: We’re pissed the economy didn’t totally crash like we’d hoped it would.
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