Dow @ 20K. Time to jump off!
POSTED BY: JO753
UPDATED: Friday, April 4, 2025 13:08
VIEWED: 120054
PAGE 20 of 119
Dow closed today at 25,574.
Further Libtard proof that 18K was vastly overvalued.
A gain of 5,842 since taking office 356 days ago. Which is 29.6%, or 30.4% APR.
A gain of 7,242 since Election Day. Which is 39.5% in 429 days, or 33.6% APR.
Moving so fast, difficult to keep track of the milestones flying by.
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Quote:Wow.
Originally posted by 6IXSTRINGJACK:
LOL... at this point, I have to start agreeing with JO. If I did have money in aggressive funds, it would be time to start putting it into much safer investments. The world in general is far too volitile right now, and I think we're due for a major correction. I don't see any reason why the DOW should be doing this well. Regardless of who's president, this just reeks of "bubble".
And speaking of bubbles... how the fuck is BitCoin over 10,000 bucks today? If I sunk all the money I had into bitcoin this time last year when I was watching videos about it and considering it, I would be set for life.
And you bet your ass I'd be selling every single one of them right now and not feeling bad if it continues to go up more before that comes crashing down. HARD.
There are a lot of people who are getting into that game way too late, and they're going to lose A LOT of money.
Do Right, Be Right. :)
You could have bought bitcoin on 29 Nov and gained 60% in 40 days?
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Quote:Libtards as Nostradamus is really just comedic.
Originally posted by JO753:
And its not like the orijinal reazon haz to be truly important. All that haz to happen iz investorz start to notis that the wale iz moving, then the smaller fish will follow and in a flash its a stampede, then an avalanche that takes down everything.
A possible trigger just happened. The Senate passed Trump's debt exploder bujet. Hoo cannot see the parallel to Bush jr'z wakadoodle financial poliseez?
That was 21 Oct, with the Dow at 23,328.
A gain of 2,250 in the 82 days since, near 10% gain.
The sky is falling trope was old before I was born.
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Quote:I suspect none of those included a 10% gain in 80 days as response to an Obama Budget being passed. Oh, wait! Obama never passed any Budget? How irresponsible!! Are only Presidents of Color allowed to be this irresponsible?
Originally posted by second:Quote:On the way to becoming a millionaire (actually it is $1,066,757), if you invested in Vanguard mutual funds in the last 27 years, there were 6 years when you lost money or barely broke even. 2018 could be another losing year. You never know.
Originally posted by 6IXSTRINGJACK:
Not sure what you're getting at there JSF. Nobody is going to tell me that they've got a winning system in the market. I believe that as much as I believe people who say the same thing with slot machines.
I've got a 401k next year that the company will match 100% of the first 6% of pay. That will be 100% gains just putting the money in there, on top of avoiding 10% tax penalty on anything that goes in as well. I figure between that and an HSA I should shelter most of my income from the lowest tax bracket tax next year. It's all going into safe funds though. I'm getting too old to gamble, and my money is a lot harder earned that it was when I won a lot on the market.
Tax breaks and company matches are the only sure things in the market. Anybody else telling you otherwise is selling you snake oil.
Do Right, Be Right. :)
https://adviseronline.investorplace.com/portfolio/
Beginning Value: $50,000 Jan 1, 1991
Present Value: $1,066,757 Dec 1, 2017
Current Performance
Y.T.D. 21.5%
1-yr 23.3%
3-yr 10.5%
5-yr 15.3%
2016 9.6%
2015 1.4% a poor year
2014 10.9%
2013 34.2%
2012 14.3%
2011 -1.4% a minus year
2010 14.3%
2009 34.4%
2008 -38.4% a minus year
2007 10.0%
2006 18.4%
2005 11.4%
2004 15.7%
2003: 32.0%
2002: -17.8% a minus year
2001: -6.4% a minus year
2000: 20.4%
1999: 36.3%
1998: 23.5%
1997: 23.2%
1996: 16.6%
1995 26.1%
1994: -0.2% a minus year
1993: 16.6%
1992: 6.1%
1991: 28.9%
BTW, that link indicates 22.4% performance for 2017. Should have Jumped Off at 20K.
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Dow closed at 25,803 today.
9 days ago the record high close was 24,922.
On Monday, 18 Dec the Dow closed at all-time record high of 24,792.
It looks like the next day Congress passed Tax Reform.
So, a gain of 1,011 in the 24 days since Tax Reform. Which is 4%, or 62% APR.
JO indicated Trump's Budget was passed around 19 Oct, when the Dow closed at 23,163.
So an increase of 2,640 in the 85 days since then. An 11.4% gain, or 49% APR.
An increase of 6,071 since taking office. A 30.8% gain in 357 days, or 31.5% APR.
An increase of 7,471 since Election Day. A 40.8% gain in 429 days, or 34.7% APR.
Reminder: in Obamination's first 2 years, with Democrap controlled Congress working to kill the economy, the Dow gained 16% total. None of that in Record All-Time High territory, so it was the easiest, gimme period in a cycle to make gains.
After the adults regained control of Congress, Obamination strangled the economy enough to only allow the Dow to eek out a total 72% gain in 6 years, most of that still in the easiest, gimme portion of the cycle. Trump has accomplished half of that before his first year in, and all of it in Record High territory, the most difficult period of any market cycle.
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Quote:This gem was posted 20 Oct, the day after a record close of 23,163.
Originally posted by second:
The stock market has tended to drop when just about everyone thinks the good times will never end. Some people think we’re hitting “peak giddiness” now. Consider these stats:
63 percent of Americans believe the stock market will be higher a year from now…This is the highest level ever recorded by the survey…60 percent of market experts are bullish and only 15 percent are bearish…The P/E ratio, a widely watched gauge of how expensive the market is, has topped 21 for the Dow…It was 20 heading into the 1987 crash.
Venture capital looks giddy. The stock market looks giddy. Housing prices look giddy.
www.motherjones.com/kevin-drum/2017/10/the-economy-sure-looks-headed-f
or-a-fall/
C'mon, motherjones? You're not even trying to pretend to have a serious discussion.
Are you going to roll out Hilliary's cookie recipe next?
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This clearly isn't going to the MSM's script.
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Quote:Did all their spin doctors quit? They used to dream up all kinds of Hollywood stories to explain away reality.
Originally posted by AURaptor:
This clearly isn't going to the MSM's script.
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I'm pretty sure that motherjones is a parody news site.
Do Right, Be Right. :)
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Quote:How can you tell the difference? Politico, CNN, motherjones, they all have the same stuff. When they started copying stories from The Onion I had hoped it was just a fad.
Originally posted by 6IXSTRINGJACK:
I'm pretty sure that motherjones is a parody news site.
Do Right, Be Right. :)
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