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SimplyLogicalDiscipline · 36-40, F
SW-User
@SimplyLogicalDiscipline Ha. No. I have an account manager and that will cost you ~1% a year. But we really don't change things much. That's the whole point.... you buy something and you stick with it.
In the the Trump market... you could basically buy any stock and it would be bound to go up. It feels like one big pyramid scheme.
My mom and dad had a rule and since a lot of the money i have was theirs... I tend to stick by the rule. You invest in stuff you're either personally invested in or you believe in the product.
I like Southwest Airlines so when it was down super-low... I invested in it.
My dad passed of a certain type of dementia so I invest in a company working on that type of drug.
The rule hasn't been financially disappointing.
In the the Trump market... you could basically buy any stock and it would be bound to go up. It feels like one big pyramid scheme.
My mom and dad had a rule and since a lot of the money i have was theirs... I tend to stick by the rule. You invest in stuff you're either personally invested in or you believe in the product.
I like Southwest Airlines so when it was down super-low... I invested in it.
My dad passed of a certain type of dementia so I invest in a company working on that type of drug.
The rule hasn't been financially disappointing.
SimplyLogicalDiscipline · 36-40, F
SW-User
@SimplyLogicalDiscipline I can’t stomach that kind of stress/risk :-)
SimplyLogicalDiscipline · 36-40, F
@SW-User it's stress,risk but fun as well :)
PDXNative1986 · 36-40, MVIP
@SimplyLogicalDiscipline I do. And Analysis doesnt matter as much as time in the market. Obviously maybe hold back a bit don't put all your money in one basket and dont bet it all at once because you never know when the market may change direction. No one can fully predict it especially since the market is rarely ever truly rational.
if it were Share prices would have collapsed a long time ago. The P/E ratios on most stocks dont come CLOSE To justifying their prices.
But at last the Federal Reserve set to keep giving money to the banking sector on the cheap especially with an incoming Democratic presidency as well as demographic changes that forecast the future is bright for the Center left in this country who as we all well known are more responsive to the will of the people, and I am far from alone in wanting the government to do more to address inequality even if it means outright robbing the rich to give to the poor. Although Id rob the rich by way of inflation rather than directly.
I am sympathetic to weakening the dollar and inflation -its too strong anyways as it is so we should be cutting checks and giving them to the poor like moi for nothing.
if anything a Biden Fed will be even more sympathetic to the idea of bailouts and stimulus than trump. Also in spite of rhetoric the Stock market tends to do better under Democrats.
if it were Share prices would have collapsed a long time ago. The P/E ratios on most stocks dont come CLOSE To justifying their prices.
But at last the Federal Reserve set to keep giving money to the banking sector on the cheap especially with an incoming Democratic presidency as well as demographic changes that forecast the future is bright for the Center left in this country who as we all well known are more responsive to the will of the people, and I am far from alone in wanting the government to do more to address inequality even if it means outright robbing the rich to give to the poor. Although Id rob the rich by way of inflation rather than directly.
I am sympathetic to weakening the dollar and inflation -its too strong anyways as it is so we should be cutting checks and giving them to the poor like moi for nothing.
if anything a Biden Fed will be even more sympathetic to the idea of bailouts and stimulus than trump. Also in spite of rhetoric the Stock market tends to do better under Democrats.
SimplyLogicalDiscipline · 36-40, F
@PDXNative1986 I am not gonna bet right now,as the market is at all time high. 😌 I am more of an intraday trader.
PDXNative1986 · 36-40, MVIP
@SimplyLogicalDiscipline The party is going to continue for a while longer though. We will pay eventually for our drunken Revelry but not yet.
The fed is giving money to the banks who use it to chase assets and it means their balance sheet is essentially gobbling up what isn't bolted down and bringing a crow bar for the rest.
can this continue forever? Unlikely.
but With a Democratic administration coming its unlikely austerity and fiscal restraint is coming. Then again the trend with team blue has been actually more fiscally responsible than the rhetoric suggest.
if nothing else eventually the velocity of money will finally pick up and with that the hoards of cash the corporations and banks are sitting on will suddenly start to be spent.
The fed is giving money to the banks who use it to chase assets and it means their balance sheet is essentially gobbling up what isn't bolted down and bringing a crow bar for the rest.
can this continue forever? Unlikely.
but With a Democratic administration coming its unlikely austerity and fiscal restraint is coming. Then again the trend with team blue has been actually more fiscally responsible than the rhetoric suggest.
if nothing else eventually the velocity of money will finally pick up and with that the hoards of cash the corporations and banks are sitting on will suddenly start to be spent.