Trump vs Amazon

[Jim in CT]

Originally Posted by spence

Trump gets pretty much everything wrong. .

How's your 401(k) compared to January 2017?

[spence]

Originally Posted by Jim in CT

How's your 401(k) compared to January 2017?

Are you planning on cashing out?

[Jim in CT]

Originally Posted by spence

Are you planning on cashing out?

No, but for damn sure I have stop loss orders on my top holdings...the correction is coming.

[spence]

Originally Posted by Jim in CT

No, but for damn sure I have stop loss orders on my top holdings...the correction is coming.

So you're claiming the market gains the past 12 months are evidence of Trump's fiscal sophistication even though they're about to crash.

Good one.

[Jim in CT]

Originally Posted by spence

So you're claiming the market gains the past 12 months are evidence of Trump's fiscal sophistication even though they're about to crash.

Good one.

See here's the difference between you and me. I ask you a question, you evade (you still haven't answered). You ask me a question, I respond directly. I can respond directly, because unlike some people, my opinions are a result of critical thinking, as opposed to blind, fanatical acceptance of one party's doctrine.

Many people, regardless of party, think a correction/recession is due. That is not necessarily a rejection of Trump's policies (though people like you will obviously spin it that way when it happens). Whoever won in 2016, was going to inherit an economy that was ripe for some pain. The tax overhaul instantly made companies more profitable, thus more valuable, thus perhaps postponing the correction.

It didn't matter whether Bernie Sanders won, or Ted Cruz, or someone in between. We are ripe for a correction. I would say the same exact thing, regardless of the party of the winner of the election. Your spin, depends entirely on the party of the POTUS, that tells you whether you give the POTUS credit or blame.

[spence]

Originally Posted by Jim in CT

See here's the difference between you and me. I ask you a question, you evade (you still haven't answered). You ask me a question, I respond directly. I can respond directly, because unlike some people, my opinions are a result of critical thinking, as opposed to blind, fanatical acceptance of one party's doctrine.

Many people, regardless of party, think a correction/recession is due. That is not necessarily a rejection of Trump's policies (though people like you will obviously spin it that way when it happens). Whoever won in 2016, was going to inherit an economy that was ripe for some pain. The tax overhaul instantly made companies more profitable, thus more valuable, thus perhaps postponing the correction.

It didn't matter whether Bernie Sanders won, or Ted Cruz, or someone in between. We are ripe for a correction. I would say the same exact thing, regardless of the party of the winner of the election. Your spin, depends entirely on the party of the POTUS, that tells you whether you give the POTUS credit or blame.

It's a silly question. Unless I'm going to pull money out my 401k value is meaningless. Could be 1/2 what it is now when I retire.
Posted from my iPhone/Mobile device

[Jim in CT]

Originally Posted by spence

It's a silly question. Unless I'm going to pull money out my 401k value is meaningless. Could be 1/2 what it is now when I retire.
Posted from my iPhone/Mobile device

It's not even close to meaningless. If your 401k is up since he's been in, an honest person would give him credit.

Likelihood of cashing out means nothing. Bush was crucified when the economy tanked at the end of hos term, and I'd bet my house that you were among those who criticized him. were you cashing out then?

I don't even know what you are saying...only those ready to cash out, are qualified to opine on the economic policies of the current POTUS? Absurd.

[Got Stripers]

Originally Posted by Jim in CT

How's your 401(k) compared to January 2017?

One more hit like today and my retirement keep in mind that's at a risk level of 3 out of 10), will soon be approaching the level it was the end of April 2017. Trump took credit for the market going crazy, hope he's going to man up and take credit for it tanking in response to his latest moves. Granted, some corrections had to happen, but an entire year of gains are about to go down the drain at this rate.

I pity the younger investors more heavily invested in the market.

[Jim in CT]

Originally Posted by Got Stripers

One more hit like today and my retirement keep in mind that's at a risk level of 3 out of 10), will soon be approaching the level it was the end of April 2017. Trump took credit for the market going crazy, hope he's going to man up and take credit for it tanking in response to his latest moves. Granted, some corrections had to happen, but an entire year of gains are about to go down the drain at this rate.

I pity the younger investors more heavily invested in the market.

"Trump took credit for the market going crazy, hope he's going to man up and take credit for it tanking in response to his latest moves"

Fat chance. Nothing that goes wrong is ever his fault.

"I pity the younger investors more heavily invested in the market"

I'm 20 years away from retirement, if I'm lucky. It's pretty scary.