General Discussion

ck4829

(36,742 posts)

31. We should stop caring about the stock market either way

Reply to KT2000 (Original post)

Wed Feb 5, 2025, 06:43 PM

Feb 5

Money is the only language now - So let's talk about evictions, foreclosures, bankruptcies, wage garnishments, liens, debt collections, and more. These are all things that should not be happening in a strong economy.

The stock market predicted a quick Iraq war.

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Take your money our of the stock market [View all] KT2000 Feb 4 OP

I hear and I obey! bif Feb 4 #1

What paper is ok to get? I subscribe to the NYT. kerry-is-my-prez Feb 7 #84

And LA Times! poli-junkie Feb 4 #2

LOLZ at "my money" Like I have any, or any control over that. Maru Kitteh Feb 4 #3

Exactamundo. WheelWalker Feb 7 #103

No. I'll keep investing and adding to our portfolio. We'll buy even more when stocks are low * Oopsie Daisy Feb 4 #4

Our options are limited KT2000 Feb 4 #5

Tanked 600 points? PoindexterOglethorpe Feb 5 #24

agree If I had taken everything out when the last crash happened yellowdogintexas Feb 4 #7

Indeed. I share your opinion and outlook and strategy. Oopsie Daisy Feb 4 #19

"last crash"? Are you referring to the crash in 1999, 2008, 2021 or the more recent piddly 2% day crashes? Bernardo de La Paz Feb 5 #61

Thanks, great charts and especially the commentary about not getting it right 100%, need to combat the fear and greed .. cliffside Feb 6 #69

the big investors KT2000 Feb 4 #8

Big investors do NOT tank the market every so often. PoindexterOglethorpe Feb 5 #25

Stock market cycles natural bc investors are emotional. Market too big for manipulation; individual stocks another story Bernardo de La Paz Feb 5 #56

You do realize that the indexes... Wuddles440 Feb 5 #54

You do realize that... Wuddles440 Feb 5 #55

I'm always disappointed at posts here FoxNewsSucks Feb 7 #105

Well, that statement is ambiguous and subjective at the same time. Oopsie Daisy Feb 7 #107

I see now KT2000 Feb 4 #6

How much have you taken out? MineralMan Feb 4 #9

I took mine out KT2000 Feb 4 #18

Tell me more about how the big guys manipulate PoindexterOglethorpe Feb 5 #27

What Does Dumping Stock Accomplish? ProfessorGAC Feb 4 #10

Capital gains taxes to fund the U.S. Treasury, Abolishinist Feb 4 #13

Capital gains taxes are only realized when you sell. SouthernCal_Dem Feb 4 #20

I'm more than aware of that. Abolishinist Feb 4 #21

My Concern, As Well ProfessorGAC Feb 4 #22

I've already sold all of my stuff ages ago. sakabatou Feb 4 #11

No, do not take your money out of the market. PoindexterOglethorpe Feb 4 #12

Same here bif Feb 4 #14

Nice. PoindexterOglethorpe Feb 4 #17

A few posts yesterday how it was "tanking" when the futures dropped 2% MichMan Feb 4 #15

I didn't sell anything bif Feb 4 #16

"still at an all time high". Bear markets don't start at all time lows. Bernardo de La Paz Feb 5 #60

No. Thank you for your input. Hekate Feb 4 #23

I did that the day of the election surfered Feb 5 #26

Considering the Dow is up 2,000 points since the election, PoindexterOglethorpe Feb 7 #88

Points don't impress savvy investors. That's only 6 percent. And citing it is bogus on two counts Bernardo de La Paz Feb 7 #93

People should do the opposite of what I do surfered Feb 7 #97

Sorry, I pay a financial guy to take care of my investments. He's doing fine amid the chaos. sinkingfeeling Feb 5 #28

Making huge monetary choices based on "politics of the day" is never a good idea... berkerly6240 Feb 5 #29

thank you KT2000 Feb 5 #38

Politics affects market risk and the economy Bernardo de La Paz Feb 6 #68

No DetroitLegalBeagle Feb 5 #30

We should stop caring about the stock market either way ck4829 Feb 5 #31

I do not care KT2000 Feb 5 #37

+1. Our society is overly tied to the stock market. radius777 Feb 6 #75

The problem is that Karma13612 Feb 7 #99

So, those of you who sold, PoindexterOglethorpe Feb 5 #32

My guess is that very few people ended up selling anything. n/t MichMan Feb 5 #35

I got in August 1 and got out Jan 9 and went to 85% bonds, 15% money Bernardo de La Paz Feb 5 #64

Care to be my financial advisor? Karma13612 Feb 7 #89

Years to recover? Hardly. PoindexterOglethorpe Feb 7 #91

Look at post # 61 of mine. Buying this late in the bull market is like buying 1999 Bernardo de La Paz Feb 7 #95

I went thru the Karma13612 Feb 7 #86

Huge dip. What huge dip? PoindexterOglethorpe Feb 7 #90

Impending dip in the STOCK market and/or economy. Which is why YOU are moving out of stocks and into bonds. Bernardo de La Paz Feb 7 #92

Yes, I got out of the stock market and into Karma13612 Feb 7 #100

Darn keys are right next to each other. n/t rzemanfl Feb 5 #33

You kicked over the beehive now Cirsium Feb 5 #34

Thank you KT2000 Feb 5 #36

Vested interests Cirsium Feb 5 #39

In that vein KT2000 Feb 5 #42

More along those lines Cirsium Feb 5 #43

Yes, Cirsium! KT2000 Feb 5 #47

"... the end of the world will come about because people want to keep their jobs." TheProle Feb 5 #45

Yep Cirsium Feb 5 #48

I said KT2000 Feb 5 #49

Alternate view: don't blow up your 401k as some vague and futile gesture. TheProle Feb 5 #44

Right Cirsium Feb 5 #46

I shall Greg_In_SF Feb 5 #40

Two of the things I have learned Disaffected Feb 5 #41

I don't like to give timing advice, but I do say what I have done or am doing & my reasoning. That is not advice. . . nt Bernardo de La Paz Feb 5 #67

Do not take advice from anonymous posters on the internet. Raftergirl Feb 5 #50

I just moved my IRA to a new fund. kimbutgar Feb 5 #51

Thinking about taking my money out of the bank. I think we all should flood our banks with calls with our concerns yaesu Feb 5 #52

Investing is hard enough without listening to everyone else bucolic_frolic Feb 5 #53

And mess with the banks. If you can, try using your credit cards less, pay with cash. Screw the banks out of their fees. Hotler Feb 5 #57

It's his god Blue Full Moon Feb 5 #58

What money? Texasgal Feb 5 #59

Hell to the NO! Xolodno Feb 5 #62

I lease a Tesla Polybius Feb 5 #63

I am pretty sure KT2000 Feb 5 #65

I never do that, I have friends with very different opinions Polybius Feb 5 #66

I did ibegurpard Feb 6 #70

You can liquidate a retirement account ibegurpard Feb 6 #71

The Wyckoff Method ... cliffside Feb 6 #72

Good reading there. Thanks. . . . nt Bernardo de La Paz Feb 6 #76

If you truly think that stocks will soon plummet, then put your money where your mouth is and short the market. NT Celerity Feb 6 #73

False dichotomy. That is a binary approach; very limited compared to a nuanced approach Bernardo de La Paz Feb 6 #77

Talk about false projection, I implied none of what you said. I never said ALL their money, and they (the OP) posited Celerity Feb 6 #78

Your post was exceedingly terse. It's confrontational tone ("put your money where your mouth is") implied plenty Bernardo de La Paz Feb 6 #79

... Celerity Feb 6 #80

Verbiage is cheap and benefit to cost ratio is high. . . . nt Bernardo de La Paz Feb 6 #81

To be fair, 'short the market' is the standard retort radius777 Feb 7 #82

It has been over ten years since I touched what stocks I have DFW Feb 6 #74

Already did the day I found out Trump got "elected" kerry-is-my-prez Feb 7 #83

Already did Karma13612 Feb 7 #85

Given that the Dow is up PoindexterOglethorpe Feb 7 #94

Points don't impress savvy investors. Bernardo de La Paz Feb 7 #96

Buying and holding is the best strategy radius777 Feb 7 #87

I look periodically, but let it sit. DFW Feb 7 #98

No. nt Gore1FL Feb 7 #101

Some can't do that. They depend on dividends or their retirement savings for JohnSJ Feb 7 #102

Non-US enid602 Feb 7 #104

Great Depression greatly worsened by Smoot-Hawley tariffs was a world-wide depression. . . . . nt Bernardo de La Paz Feb 7 #108

Only someone with NO investments would say this AkFemDem Feb 7 #106

yeah, sweetapogee Feb 8 #109