- 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
0
Posted on 10/22/20 at 4:34 pm to jimmarley
quote:Yes....THEY LIVE IN NYC!
Most of Wall St is assuming Biden victory
quote:What does he anticipate those adjustments to be?
and are advising portfolio adjustments accordingly
quote:100%! But the uncertainty is finite.
He said that the thing that Wall St hates most is uncertainty.
Hint:
Our markets are anticipating a Trump win.
NewYorkers occupying Wall St offices are not.
Posted on 10/22/20 at 4:34 pm to jimmarley
If you look at the national debt and the debt-to-gdp and don’t at least make a chunk of your portfolio gold and silver, you aren’t paying close enough attention
Posted on 10/22/20 at 4:34 pm to jimmarley
quote:Worse advice ever!
Most of Wall St is assuming Biden victory and are advising portfolio adjustments accordingly.
quote:
He said that the thing that Wall St hates most is uncertainty
The only correct statement here. Recent examples...Initial shut down this year and end of 2018 during height of trade war. Look what the market did afterwards.
This post was edited on 10/22/20 at 4:38 pm
Posted on 10/22/20 at 4:34 pm to jimmarley
At least this concern thread isn't over polls. Well done.
Posted on 10/22/20 at 4:35 pm to jimmarley
quote:
News not good. He stays in contact w/ lots of sources. Most of Wall St is assuming Biden victory and are advising portfolio adjustments accordingly
so, there will be another short term buying opportunity, just like 2016
good to know
somehow I get the feeling that you are concerned...
Posted on 10/22/20 at 4:37 pm to jimmarley
Neighbor of mine is an investment rep and says same thing with the exception of his firm's research does not indicate a winner (unlike others such as Goldam who predict Biden). Does not care who wins as long as it is not dragged out but he also said there was no chance of election fraud. I just stood there in disbelief at that statement.
Posted on 10/22/20 at 4:40 pm to jimmarley
You have a lazy/incompetent advisor.
Posted on 10/22/20 at 4:41 pm to jimmarley
Funny my financial advisor said the opposite
Posted on 10/22/20 at 4:41 pm to JPinLondon
What Fidelity has to say: LINK
Staying the course
While the combination of political dysfunction and volatile markets may be a recipe for anxiety, volatile periods are as much a part of investing as capital gains. Attempting to "time the market" and move in and out of stocks in anticipation of volatility that might happen is a risky approach that history says may increase the likelihood that you may not reach your long-term goals. History shows that staying invested and diversified is a better approach to confronting anxiety. The financial crisis of late 2008 and early 2009, when stocks dropped nearly 50% might have seemed a good time to run for the perceived safety of cash. But a Fidelity study of 1.5 million workplace savers found that those who stayed invested in the stock market during that time were far better off than those who headed for the sidelines.
If you get anxious when stocks drop, remember that's a normal response to volatility. It's important to stick with your long-term investment mix and to have enough growth potential to achieve your goals. If you can't tolerate the ups and downs of your portfolio, consider a less volatile mix of investments that you can stick with.
Staying the course
While the combination of political dysfunction and volatile markets may be a recipe for anxiety, volatile periods are as much a part of investing as capital gains. Attempting to "time the market" and move in and out of stocks in anticipation of volatility that might happen is a risky approach that history says may increase the likelihood that you may not reach your long-term goals. History shows that staying invested and diversified is a better approach to confronting anxiety. The financial crisis of late 2008 and early 2009, when stocks dropped nearly 50% might have seemed a good time to run for the perceived safety of cash. But a Fidelity study of 1.5 million workplace savers found that those who stayed invested in the stock market during that time were far better off than those who headed for the sidelines.
If you get anxious when stocks drop, remember that's a normal response to volatility. It's important to stick with your long-term investment mix and to have enough growth potential to achieve your goals. If you can't tolerate the ups and downs of your portfolio, consider a less volatile mix of investments that you can stick with.
Posted on 10/22/20 at 4:42 pm to FOREVER LSU 2017
Anybody can get a series 6 or 7 these days.
Posted on 10/22/20 at 4:42 pm to jimmarley
quote:
Talked to financial advisor today by jimmarley
News not good. He stays in contact w/ lots of sources. Most of Wall St is assuming Biden victory and are advising portfolio adjustments accordingly.
Get a new advisor ASAP and take all your money away from this idiot
Posted on 10/22/20 at 4:43 pm to jimmarley
Couldn’t care less what some dumbass at Northeastern Mutual thinks.
Posted on 10/22/20 at 4:44 pm to jimmarley
quote:why are you letting a buffoon advise you on finances? your op is very revealing about your intelligence.....or lack of
He stays in contact w/ lots of sources
Posted on 10/22/20 at 4:47 pm to jimmarley
Market is nothing but inflated due to trillions upon trillions the Fed is dumping into Corporate America and buying worthless junk bonds
Biden will spend double the amount of Trump and the market will explode. The stock market is rigged and running on nothing but the "creation" of trillions in debt
Biden will spend double the amount of Trump and the market will explode. The stock market is rigged and running on nothing but the "creation" of trillions in debt
Posted on 10/22/20 at 4:48 pm to jimmarley
Sure am glad you joined all the way back in May so we do t think your trollin.
Posted on 10/22/20 at 4:48 pm to jimmarley
Most of Wall St is surrounded by hard core leftists. That echo chamber is notorious for not understanding the rest of the country.
Posted on 10/22/20 at 4:49 pm to CougarBait
quote:
A Biden victory is kinda already priced in. Whoever wins is going to drop a huge stimulus package and I’m bullish either way.
Of course. And in the unlikely event Trump wins you'll see the markets soar.
Posted on 10/22/20 at 4:49 pm to jimmarley
The frick you talking to a financial advisor for dipwad?
Posted on 10/22/20 at 4:53 pm to jimmarley
Biden will destroy the stock market. We all know it.
Page 2 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News