- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
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 oldskule
I'm holding off too, but I don't really know why. I know what's to come.
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 hottub
Exactly. The corporatists have won and they will reap the rewards. Small business owners will take it in the shorts for years to come. MOST will not survive.
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 oldskule
quote:
go to cash and gold
I understand Gold.
Why cash? The money printer goes brrrrr. I'd value stock(in companies with tangible assets). Over cash.
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 9:03 am to Privateer 2007
quote:
Why cash?
Just a temporary measure....me and Edward Jones have been talking about possible allocations.
Posted on 1/22/21 at 9:05 am to oldskule
quote:
quote: Why cash? Just a temporary measure....me and Edward Jones have been talking about possible allocations.
You gone need the cash for all those fees
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 9:09 am to Privateer 2007
Cash is king for the moment. If you're not used to making changes at least every few months or so, then consider going cash or something more safe atm. Once the printer gets going, then consider getting back in or at least gold.
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 9:13 am to Big4SALTbro
quote:
I stopped all my 401k contributions. I’m moving all assets to bank accounts and buying properties.
I increased mine 2%. Because buying cheap is good, and selling later at a higher price is the goal.
I still have 20 years to invest, though.
Page 1 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News