General Discussion

Scrivener7

(53,189 posts)

39. Hermit, I'm wondering how to safeguard things too. The only thing that will

Mon Nov 11, 2024, 10:05 AM

Nov 11

shield you from a downturn would be to pull the money out of the market. Put it in a money market fund or something like that. But I did that last time and forewent a good bit of profit.

I am retired now. I have a tiny pension (what's he going to do to that, I wonder?) and supplement it with savings. Then I have a separate IRA (which is kinda like the 401K).

I need that savings money to survive, so I think that's going to just be in a money market type account. As in, not investing in any stocks. But this time around, I'll leave the IRA money in the mutual funds and watch carefully for the downturn. You can't time these things, but I'll just do the best I can.

The market loves trump. Even though stocks rose more under Biden than under trump, the market jumped on news of trump's win. Finance guys are loons.

Edit history

Please sign in to view edit histories.

Recommendations

1 members have recommended this reply (displayed in chronological order):

Prof. Toru Tanaka

110 replies

= new reply since forum marked as read

Highlight:

So Garland spent 4 years prosecuting the low hanging fruit for Jan 6th [View all] boston bean Nov 11 OP

The new administration, I'm sure, considers it a resounding success. So there's that. Scrivener7 Nov 11 #1

I have anger right now scriv! I am angry with democrats and its pretty close to top of list. boston bean Nov 11 #2

I am so numb, I'm not even feeling the anger. I imagine it will come later. But Scrivener7 Nov 11 #3

They are about to Find Out JustAnotherGen Nov 11 #8

Yes. This exactly. Scrivener7 Nov 11 #11

I'm praying to the Universe JustAnotherGen Nov 11 #17

I believe that March will be Jan 18 or 19. niyad Nov 11 #22

Seen any threads with advice about protecting 401 and 457 funds? Hermit-The-Prog Nov 11 #38

Hermit, I'm wondering how to safeguard things too. The only thing that will Scrivener7 Nov 11 #39

Maybe just moving them to lower risk would do it Hermit-The-Prog Nov 11 #40

I am not familiar with 457s, but my old 401K allowed me to put money in a few different Scrivener7 Nov 11 #42

Even higher on the list, at least for me, Abolishinist Nov 11 #66

Like what mistakes? oldmanlynn Nov 11 #14

Key Democrats thought Trump was over when we won in 2020 BeyondGeography Nov 11 #25

Clinton did the same. IranContra was swept under the rug allowing blm Nov 11 #32

And then of course there is this...'We tortured some folks' Autumn Nov 12 #107

I agree it was a colossal mistake. boston bean Nov 12 #103

Yep Meowmee Nov 11 #23

don't expect any divine intervention. republianmushroom Nov 11 #59

If that is all that can take care of it Meowmee Nov 11 #73

Could be as a nation we deserve what is about to fall upon us. republianmushroom Nov 11 #75

Wrong Meowmee Nov 11 #80

The worst was going after Trump ONLY AFTER he announced his run for President TheFarseer Nov 11 #4

Yes Meowmee Nov 11 #74

Yes, but the Constitution is a musty old document that hasn't been defined over the centuries bucolic_frolic Nov 11 #5

I agree but even now I am sure someone is typing out a post doc03 Nov 11 #6

You must be psychic! Because there it is!!! On the bright side, there are only two of them. Scrivener7 Nov 11 #46

Yup, you are correct, see post number 26. republianmushroom Nov 11 #63

I truly believe JustAnotherGen Nov 11 #7

A friend of mine . . . AverageOldGuy Nov 11 #21

Go dark JustAnotherGen Nov 11 #29

they need to start feeding him bullshit. the spy movies call it 'a blue dye test' mopinko Nov 11 #36

You need to be more patient. Emile Nov 11 #9

It wasn't a miscalculation. nt LexVegas Nov 11 #10

Who will all be pardoned on day one oldmanlynn Nov 11 #12

Think D-Day would have been a success if allied forces attacked on only one beach with no air support? Hotler Nov 11 #13

You were right and I was wrong Hekate Nov 11 #15

He should have been the most hated person on the right Mr. Sparkle Nov 11 #16

Well, we just have to be patient. These things take time. Orrex Nov 11 #18

Agree republianmushroom Nov 11 #60

Biden and Garland are: AverageOldGuy Nov 11 #19

You have nailed it, the so-called old guard. republianmushroom Nov 11 #61

That type tries to hold Republicans accountable within the existing system Orrex Nov 11 #68

Garland sold the US down the stream to protect his fragile self. lark Nov 11 #20

He was protecting Dump Clouds Passing Nov 11 #82

While looking back is okay... Dem4life1970 Nov 11 #24

false bigtree Nov 11 #26

Yes, except for the fact that it's 100% true. Orrex Nov 11 #28

And There It Is! SoCalDavidS Nov 11 #43

Who has two or three days to read it, not me! Emile Nov 11 #44

You've probably already read it piecemeal over the years anyway TheKentuckian Nov 12 #100

Wow, that seems extremely well-prepared... Think. Again. Nov 11 #55

emptywheel wasted my time with breathless Mueller and Garland posts for years thebigidea Nov 11 #67

she provided more than this post of yours in detail about the investigation bigtree Nov 11 #70

If Trump had a beard and turban and slightly darky skin on J6 you're saying the DOJ would've not changed anything in ... uponit7771 Nov 11 #71

but he doesn't bigtree Nov 11 #86

" most effective defense, though isn't his skin color, " this is false on its face, you know it too uponit7771 Nov 11 #95

what nonsense to suggest I 'know' something that comports with your opinion bigtree Nov 12 #104

I can't remember Meowmee Nov 11 #27

My favorite: Orrex Nov 11 #30

Second runner-up: "But emptywheel says everything is going as it should. And that's PROOF." Sigh. Scrivener7 Nov 11 #45

My favorites. The DOJ doesn't leak. They will announce when they have Autumn Nov 12 #108

I know, begging and pleading with a criminal to return stolen goods. Irish_Dem Nov 11 #31

It is a cold comfort being right about something so bad. JanMichael Nov 11 #33

Unfortunately, I do not know stillcool Nov 11 #34

Trump was charged with unlawful *retention* of documents Fiendish Thingy Nov 11 #35

TLDR: Trump is free to commit crimes with impunity. Orrex Nov 11 #47

Another cheer leader. republianmushroom Nov 11 #64

just ridicule bigtree Nov 11 #76

Still trying to sell that Garland was the greatest thing since sliced bread, I see. republianmushroom Nov 11 #78

never said Garland is anything bigtree Nov 11 #84

You have your opinions of Garland, I have mine. republianmushroom Nov 12 #109

no shit. bigtree Nov 12 #110

Sooo if Trump had a full beard and a turban and slightly darker skin on J6 and said his words you're claiming the DOJ uponit7771 Nov 11 #72

Well, I would say... Fiendish Thingy Nov 11 #81

Dodge noted uponit7771 Nov 11 #96

and now all those prosecutors r on his enemies list. good job guys. mopinko Nov 11 #37

TSF may keep Garland as a reward. gab13by13 Nov 11 #56

Garland has earned it. IMO republianmushroom Nov 11 #65

The mealy mouthed, milquetoast attitude with these fascists has gotten us wiped out. hadEnuf Nov 11 #41

Sheesh, what a disappointment Merrick Garland turned out to be. calimary Nov 11 #48

Oh oh oh! You forgot prosecuting Hunter Biden! AllyCat Nov 11 #49

Yep Meowmee Nov 11 #79

A week before the election, I posted my opinion that when Kamala won the presidency she should replace Garland with LaMouffette Nov 11 #50

The reason that won't happen - they will not go after Trump TBF Nov 11 #52

You're right, of course. A potential civil war is most likely why our Dem leaders have not been publicly demanding a LaMouffette Nov 11 #54

Not the dumbest thing he said that week. Fish700 Nov 11 #69

I Doubt We'll Hear Her Talk About It Again SoCalDavidS Nov 11 #77

Fuck the loons. Mow them down, bombard as needed. TheKentuckian Nov 12 #101

I'd like to see recount in NC, Penn, and Wisconsin - TBF Nov 12 #105

I do not think Trump will pardon them as he considers them losers for getting caught much like LiberalArkie Nov 11 #51

I wouldn't bet on it. Emile Nov 11 #58

I think bdamomma Nov 11 #53

Yup, this nails it. republianmushroom Nov 11 #57

Dumb strategy to go bottom up - he got another small fry! WOW!!!!!! Blues Heron Nov 11 #62

old enough to remember the much vaunted Jan 6 committee bigtree Nov 11 #88

None of that means anything if the top guy gets off scot free to LET THEM OUT OF JAIL Blues Heron Nov 11 #89

voters let him go scott free bigtree Nov 11 #90

Garland had YEARS and knew all about the timeline. The threat of re-election was always there. Blues Heron Nov 11 #91

the courts delayed him bigtree Nov 11 #92

This message was self-deleted by its author Blues Heron Nov 11 #93

yeah Im getting a clue that maybe he totally failed - its just a hunch though... Blues Heron Nov 11 #94

not for the election bigtree Nov 12 #106

history, if we still report history years on, garland will go down as one of the main players that helped destroy Javaman Nov 11 #83

lol, no bigtree Nov 11 #87

Garland spent 4 years protecting billionaires from bitcoin theft and Trump from Iran's IRG. usonian Nov 11 #85

This is why you don't hire Republicans Galraedia Nov 11 #97

I have no more fucks to give AverageJoe Nov 12 #98

No kidding and he was just a pity pick Figarosmom Nov 12 #99

I still can't get past that a-hole McConnell not convicting him during impeachment mdbl Nov 12 #102