Our country has been in serious trouble for years and I am now more embarrassed for Covers than Biden. Have a nice weekend!
How embarrassing for Biden supporters.
Our country has been in serious trouble for years and I am now more embarrassed for Covers than Biden. Have a nice weekend!
Our country has been in serious trouble for years and I am now more embarrassed for Covers than Biden. Have a nice weekend!
Just saw an interview with Schumer by Morning Joke........what a lout. He has nothing but lies & gaslighting, claiming the ol lib standbys of "they're coming after your SS & Medicaid!", & touting all the "rally's". Does this idiot have any ideas of his own? This clown backed a demented Biden all the way until he got tossed. Just a word of advice, Chucky.......rallys & profanity don't change your weak stances & lack of leadership, nor does it change the minds of Americans that are fed up with the liberal shitshow.
Just saw an interview with Schumer by Morning Joke........what a lout. He has nothing but lies & gaslighting, claiming the ol lib standbys of "they're coming after your SS & Medicaid!", & touting all the "rally's". Does this idiot have any ideas of his own? This clown backed a demented Biden all the way until he got tossed. Just a word of advice, Chucky.......rallys & profanity don't change your weak stances & lack of leadership, nor does it change the minds of Americans that are fed up with the liberal shitshow.
One minute Little Donnie Two-Scoops had us assembling iPhones and building robots, and now that’s off and he wants us to be coal miners instead. Yup, coal powered iPhones.
At least with Joe people weren't worried if they were going to have a job or not tomorrow.
Give it up! You backed the wrong party.
God only knows what will happen tomorrow.
One minute Little Donnie Two-Scoops had us assembling iPhones and building robots, and now that’s off and he wants us to be coal miners instead. Yup, coal powered iPhones.
At least with Joe people weren't worried if they were going to have a job or not tomorrow.
Give it up! You backed the wrong party.
God only knows what will happen tomorrow.
One minute Little Donnie Two-Scoops had us assembling iPhones and building robots, and now that’s off and he wants us to be coal miners instead. Yup, coal powered iPhones. At least with Joe people weren't worried if they were going to have a job or not tomorrow. Give it up! You backed the wrong party. God only knows what will happen tomorrow.
One minute Little Donnie Two-Scoops had us assembling iPhones and building robots, and now that’s off and he wants us to be coal miners instead. Yup, coal powered iPhones. At least with Joe people weren't worried if they were going to have a job or not tomorrow. Give it up! You backed the wrong party. God only knows what will happen tomorrow.
@Raiders22
I'm a DCA guy....I wait patiently for dips big and small. Plenty of equities under their 200 days in past few weeks and currently. Never "too young" to be making money off having a cash position ready to deploy some dry powder in relation to your total brokerage. Why does everything have to be spoken about in absolutes around here so much... there is no "one size fits all". Everyone has a different timeline, goals and how to reach those objectives. Mine is no different ![]()
@Raiders22
I'm a DCA guy....I wait patiently for dips big and small. Plenty of equities under their 200 days in past few weeks and currently. Never "too young" to be making money off having a cash position ready to deploy some dry powder in relation to your total brokerage. Why does everything have to be spoken about in absolutes around here so much... there is no "one size fits all". Everyone has a different timeline, goals and how to reach those objectives. Mine is no different ![]()
@kcblitzkrieg
Sure. Everyone is different.
The only point I was making is that being in cash is fine. But it should be a very small amount.
People say it like they are just sitting on a large percentage in cash and waiting on an opportunity to buy a dip.
That is wrong to do. That money needs to be in something that is making you money.
You can still shift it to something that you see dip and buy the dip that way.
DCA is the safest way to invest. Good for you. ![]()
My point is people get scared and sell at the wrong time or are out of the market on its best days. There are such few great days where the majority of the gains are made each year. You do not want to miss any of those days.
It always comes down to ‘not timing the market, but time in the market’.
That I say ‘absolutely’ because the numbers ‘absolutely’ back it up. ![]()
@kcblitzkrieg
Sure. Everyone is different.
The only point I was making is that being in cash is fine. But it should be a very small amount.
People say it like they are just sitting on a large percentage in cash and waiting on an opportunity to buy a dip.
That is wrong to do. That money needs to be in something that is making you money.
You can still shift it to something that you see dip and buy the dip that way.
DCA is the safest way to invest. Good for you. ![]()
My point is people get scared and sell at the wrong time or are out of the market on its best days. There are such few great days where the majority of the gains are made each year. You do not want to miss any of those days.
It always comes down to ‘not timing the market, but time in the market’.
That I say ‘absolutely’ because the numbers ‘absolutely’ back it up. ![]()
@unplucked_gem
@Raiders22 How do you know when the good day is there and what to dump on?
You don’t. That is the point. If you are not in the market and in cash you will likely miss out on them.
But if you have something that you have made money on and are ready to sell for profit or it is not doing as well as you would like, then that is what you would sell to buy something you see as value on a dip.
@unplucked_gem
@Raiders22 How do you know when the good day is there and what to dump on?
You don’t. That is the point. If you are not in the market and in cash you will likely miss out on them.
But if you have something that you have made money on and are ready to sell for profit or it is not doing as well as you would like, then that is what you would sell to buy something you see as value on a dip.
@Raiders22
My point is people get scared and sell at the wrong time or are out of the market on its best days. There are such few great days where the majority of the gains are made each year. You do not want to miss any of those days. It always comes down to ‘not timing the market, but time in the market’.
Yes, 100%
@Raiders22
My point is people get scared and sell at the wrong time or are out of the market on its best days. There are such few great days where the majority of the gains are made each year. You do not want to miss any of those days. It always comes down to ‘not timing the market, but time in the market’.
Yes, 100%
@THEMUGG
Why wouldn’t they come after social security? If the Trump administration can defy court orders with impunity, and Congress is unwilling to act, there is no reason for it to respect the constitutional rights of American citizens either. Just look at Abrego Garcia case! HE HASN’T BEEN CONVICTED OF ANYTHING. That’s why the Trumpites won’t budge an inch on this: they need to establish the precedent that they can send anyone to a gulag with NO evidence, let alone conviction.
They can lie just say the program is broken because of Joe Biden did bla bla bla here’s 75% and his followers and party will have a love rallies, have a few Christian holly rollers say a few prayers and move on to the next guardrail! The MAGAmenace doesn’t give a damn about his approval ratings. He’s been elected and he’s got a Congress that won’t impeach him. He’s got free reign to trash the Constitution for at least two years and maybe a lot longer.
@THEMUGG
Why wouldn’t they come after social security? If the Trump administration can defy court orders with impunity, and Congress is unwilling to act, there is no reason for it to respect the constitutional rights of American citizens either. Just look at Abrego Garcia case! HE HASN’T BEEN CONVICTED OF ANYTHING. That’s why the Trumpites won’t budge an inch on this: they need to establish the precedent that they can send anyone to a gulag with NO evidence, let alone conviction.
They can lie just say the program is broken because of Joe Biden did bla bla bla here’s 75% and his followers and party will have a love rallies, have a few Christian holly rollers say a few prayers and move on to the next guardrail! The MAGAmenace doesn’t give a damn about his approval ratings. He’s been elected and he’s got a Congress that won’t impeach him. He’s got free reign to trash the Constitution for at least two years and maybe a lot longer.
@THEMUGG Why wouldn’t they come after social security? If the Trump administration can defy court orders with impunity, and Congress is unwilling to act, there is no reason for it to respect the constitutional rights of American citizens either.
Republicans promise not to cut spending on social security, medicare and medicaid. However congress budget office reveals that House budget hides cuts to those social programs. So they have been lying about promises.
@THEMUGG Why wouldn’t they come after social security? If the Trump administration can defy court orders with impunity, and Congress is unwilling to act, there is no reason for it to respect the constitutional rights of American citizens either.
Republicans promise not to cut spending on social security, medicare and medicaid. However congress budget office reveals that House budget hides cuts to those social programs. So they have been lying about promises.
@unplucked_gem Quote Originally Posted by unplucked_gem: @Raiders22 How do you know when the good day is there and what to dump on? You don’t. That is the point. If you are not in the market and in cash you will likely miss out on them. But if you have something that you have made money on and are ready to sell for profit or it is not doing as well as you would like, then that is what you would sell to buy something you see as value on a dip.
@unplucked_gem Quote Originally Posted by unplucked_gem: @Raiders22 How do you know when the good day is there and what to dump on? You don’t. That is the point. If you are not in the market and in cash you will likely miss out on them. But if you have something that you have made money on and are ready to sell for profit or it is not doing as well as you would like, then that is what you would sell to buy something you see as value on a dip.
Quote Originally Posted by joe pockets: @THEMUGG Why wouldn’t they come after social security? If the Trump administration can defy court orders with impunity, and Congress is unwilling to act, there is no reason for it to respect the constitutional rights of American citizens either. Republicans promise not to cut spending on social security, medicare and medicaid. However congress budget office reveals that House budget hides cuts to those social programs. So they have been lying about promises.
Scare tactics? Is that all you got? Guess so. ![]()
Biden and dems are trying to create havoc over something that hasn't happened or the republicans have said will or even might happen.
Anyone with "good sense" knows screwing with social security benefits to those who paid into the system is political suicide.
And I got my check this month just like always.
Quote Originally Posted by joe pockets: @THEMUGG Why wouldn’t they come after social security? If the Trump administration can defy court orders with impunity, and Congress is unwilling to act, there is no reason for it to respect the constitutional rights of American citizens either. Republicans promise not to cut spending on social security, medicare and medicaid. However congress budget office reveals that House budget hides cuts to those social programs. So they have been lying about promises.
Scare tactics? Is that all you got? Guess so. ![]()
Biden and dems are trying to create havoc over something that hasn't happened or the republicans have said will or even might happen.
Anyone with "good sense" knows screwing with social security benefits to those who paid into the system is political suicide.
And I got my check this month just like always.
@THEMUGG
Few things:
- Daytrading is not what I am talking about. With day trading you are nearly back to cash at the end of the day — just by definition. This is separate from your investing portion of your portfolio.
- People working towards retirement and people near retirement, or already retired are in different timeframes and should be invested accordingly. The closer to retirement you are the more you should be in less aggressive and safer things, like bonds or stable funds as a percentage of your portfolio.
- The level of risk tolerance is different for different folks. The psychology of folks is different. Some people may be invested correctly but watch their portfolio too much and get scared. These are the ones that panic-sell when the market is down. Then they buy when it gets back up. These folks will miss out on a large part of the growth, miss potential dividend being reinvested, and possibly face a tax payment.
- No one should just be trying to time the market. There are some folks that do it and maybe get it right. They then think they know what they are doing and try it again. The numbers overwhelmingly show this is incorrect to do. If you keep trying it you will mistime it simply because the odds are against you.
@THEMUGG
Few things:
- Daytrading is not what I am talking about. With day trading you are nearly back to cash at the end of the day — just by definition. This is separate from your investing portion of your portfolio.
- People working towards retirement and people near retirement, or already retired are in different timeframes and should be invested accordingly. The closer to retirement you are the more you should be in less aggressive and safer things, like bonds or stable funds as a percentage of your portfolio.
- The level of risk tolerance is different for different folks. The psychology of folks is different. Some people may be invested correctly but watch their portfolio too much and get scared. These are the ones that panic-sell when the market is down. Then they buy when it gets back up. These folks will miss out on a large part of the growth, miss potential dividend being reinvested, and possibly face a tax payment.
- No one should just be trying to time the market. There are some folks that do it and maybe get it right. They then think they know what they are doing and try it again. The numbers overwhelmingly show this is incorrect to do. If you keep trying it you will mistime it simply because the odds are against you.
@THEMUGG
Take the example of the Pandemic. I wrote this on here and elsewhere at the time. This was a very unique situation that was unprecedented. Never before did we have non-politicians, more or less, setting political policy and forcing governmental shutdowns. So, many people were pulling out of the market on the way down and even at the bottom. Then they did not fully get back in until the market was back up. We had no example of exactly how the market was going to react. Look at how quickly the market recovered, because it was a ‘forced’ drop and not a technically-based drop, or a drop caused by underlying fundamentals. So no one could predict a V-shaped recovery or whether the recovery was fake and would plunge again.
So, you do not want to be getting in and out of the market every time a new president comes into office or there is a pandemic or a recession or a conflict globally.
The overall trend is always up longterm. Unless you are a very savvy and studied investor it is very disadvantageous to try to time the market, even if you have done it before and been right. This is simply a form of gambling and taking much smaller wins at the risk of losing much larger gains. It will catch up to you in time.
But you see it happen every time the market drops a good bit or something scares folks. Then when the market is really high again they jump back in thinking things are great again. The FOMO-buying part of the psychology kicks in. They then are back in just in time for another drop. This is just agonizing if you watch it constantly. Most folks are better off just looking a few times a year and rebalancing as needed maybe once a year.
@THEMUGG
Take the example of the Pandemic. I wrote this on here and elsewhere at the time. This was a very unique situation that was unprecedented. Never before did we have non-politicians, more or less, setting political policy and forcing governmental shutdowns. So, many people were pulling out of the market on the way down and even at the bottom. Then they did not fully get back in until the market was back up. We had no example of exactly how the market was going to react. Look at how quickly the market recovered, because it was a ‘forced’ drop and not a technically-based drop, or a drop caused by underlying fundamentals. So no one could predict a V-shaped recovery or whether the recovery was fake and would plunge again.
So, you do not want to be getting in and out of the market every time a new president comes into office or there is a pandemic or a recession or a conflict globally.
The overall trend is always up longterm. Unless you are a very savvy and studied investor it is very disadvantageous to try to time the market, even if you have done it before and been right. This is simply a form of gambling and taking much smaller wins at the risk of losing much larger gains. It will catch up to you in time.
But you see it happen every time the market drops a good bit or something scares folks. Then when the market is really high again they jump back in thinking things are great again. The FOMO-buying part of the psychology kicks in. They then are back in just in time for another drop. This is just agonizing if you watch it constantly. Most folks are better off just looking a few times a year and rebalancing as needed maybe once a year.
@Raiders22
I agree with you 100%. I followed that advice for over 30 years. Just because I made a couple of timely moves in the last few years I would never suggest anyone stray from a tried & true strategy. I'm smart enough to know that I'm not smart enough to "play" the market. I was merely sharing my experience.
@Raiders22
I agree with you 100%. I followed that advice for over 30 years. Just because I made a couple of timely moves in the last few years I would never suggest anyone stray from a tried & true strategy. I'm smart enough to know that I'm not smart enough to "play" the market. I was merely sharing my experience.
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