Discussion in 'Politics and Current Events' started by JG, Dec 19, 2018.
Avg return under Trump 8 1/2%
Avg return under Obama 12%
Obviously the fault of white men.
Donald Trump 6'3"
Barak Obama 6'1"
And that means what?
Your comparing less than 2 years to a two term loser.
I thought the market would rebound. Hopefully it will next year.
Powell gave DJT the middle finger. You might be the president but I control the money supply.
Nah. The rate hike was a known quantity. They're trying to figure out a way to get out of the QE mess they got themselves into a few years back without causing real chaos.
Or the middle finger.
Stop the dumb the tariff BS and the markets rebound.
Where exactly was that market when Obama took over?
And the Donald?
troll bait brah
Its so weird to me people follow this **** just to play gotcha.
It's all your faults for not telling him that he's a ****ing moron as soon as he posts dumb stuff like this. God almighty, JG is the dumbest mother****er on the planet sometimes. "Just sayin."
If Trump wants to own the gains he has to own the losses as well. Only an idiot sits here and says this was solely because of Obama or this was solely because of Trump, though.
Every downturn is an opportunity to buy more at cut prices.
You may be surprised but I agree.
The problem is figuring out where the bottom is and buying at that time. My gut says we still have a little bit more to go down.
I don’t buy individual stocks because thats a complete guessing game. I’m in Vanguard funds among some others for my Roth and my kids 529’s. Those show historical growth and are protected from up and down swings in some industries.
Y’all gotta stop falling for this. This post should’ve received 0 replies because only someone who is actually retarded would present these 2 numbers in a vacuum as something legitimate
And I ****ing hate Trump
I too like Vanguard & Fidelity funds. That said, just as a rising tide lifts all boats, a falling tide drops all boats.
I buy some individual ones that offer dividends which bump the return but otherwise o do the same, just with Schwab funds.
Got a few bucks to put in for 2018 beywwtnow and April 15...just trying to decide when.
"Let us control the money of a country, and we care not who makes its laws."
The point being made here is that many on the right continuously assert that Trump is so great economically and Obama was so terrible. He has certainly claimed that market success was because of him.
The numbers show a different reality. For all of the make America Great Again stuff, it already WAS doing pretty well. And it still is.
Shut up, you ****ing idiot.
You catch crap because you’re cherry picking an argument. The stock market doesn’t make up the economy. It’s merely one measure of it.
I've tried. Doesn't work.
I'm on the Fidelity Freedom2035 401k plan (medium risk). Man...it seems like it's taking a bigger hit with the downturn, than it did going up when the market was soaring.
I don't know how all this sh*t works though.
You give them your money. Then hope.
It's a Sisyphean task for sure, but you can't be a quitter.
I think I actually timed the market this year. I took out about a third of my fund sometime in the summer when it was at 26,000 and started contributed only to cash. Figured there was no reason to buy assets at their historic highs. I just started buying back in last pay period. I think I'll take that third and reinvest it in large, small, and international stocks sometime in January. I also have some non-401k money that I may use to buy a commodities fund. Everything is very low right now.
Of course, someone who "does math" will probably inform me I ****ed it up.
As Halas already pointed out, the economy is much more than the stock market
However, I do agree with you that Trump getting all the credit for the stock market doing well has been a load of crap from the start. Several on this board acted like the DOW was at 0 before November 8th, and then hit 25,000 the next day
Your post, though, like the above statement, is total crap
One took over after a historic crash. The other at historic highs. Timing matters.
Except the Trumpers spent 18 months trumpeting how great the market was, and how it made up for any stupid tweets he might put out.
I get that it’s one measure, albeit a decent one. Others leading indicators show softness also.
The point is for all of the talk of how great the economy is under Trump, the numbers are starting to say a little different story.
We will see if the trend continues.
Evil white men! spawns of Satan!
Your second paragraph is exactly why I put the post up.
Separate names with a comma.