He got rid of waste

[wdmso]

Originally Posted by Jim in CT

you don’t have to be an expert to know how wrong she was, you just need to be a tiny bit honest.

you tell me, spence. for the average guy who puts a few bucks into his 401k every two weeks for 40 years, are these dips a good thing or a bad thing? if you don’t need the money for several years, are these dips a good thing or a bad thing?

Answer - they are a good thing. Dollar cost averaging, which is how middle class people get into the stock market, delivers a better end result with dips, then it would with a straight-line upward path to the same endpoint.

Buy low, sell high. Is that going too fast for you?

i moved every cent of cash i don’t need, into equities today. it will
eventually work out great, especially if trump gets re elected.

You tell me where my math is off. i’m all ears. Please, tell me where i’m wrong. Be very specific, just this once, no baseless insults. Where is my logic off?

Can’t wait to see your response.
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But if you planned on retiring this year and you rode the Trump wave , and kept everything in hi risk , your ass is bleeding .. I am all in bonds happy with 5% return
And I still took a 1500 hit ... and another 3k I owe the Government so much for the tax break

[Jim in CT]

Originally Posted by wdmso

But if you planned on retiring this year and you rode the Trump wave , and kept everything in hi risk , your ass is bleeding .. I am all in bonds happy with 5% return
And I still took a 1500 hit ... and another 3k I owe the Government so much for the tax break

if you need the money this year and its in stocks, you took a hit because you were stupid. but you still
have a lot more cash than you had on his first day.

if you’re retiring this year and things are so tight that a 10 percent drop screws you, then obviously you don’t keep that money in stocks.

if you’re a few years out, and still contributing, these dips are a godsend. that is a mathematical fact, and no degree of Trump hatred can refute it.
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[Jim in CT]

Originally Posted by wdmso

. and another 3k I owe the Government so much for the tax break

so it’s trumps fault that you choose to underpay throughout the year. Who filled out your W-4, you or Trump?

you don’t want to owe 3k, there’s an easy fix for that, pay 3k more during the year. you need someone to tell you that?
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[wdmso]

Originally Posted by Jim in CT

so it’s trumps fault that you choose to underpay throughout the year. Who filled out your W-4, you or Trump?

you don’t want to owe 3k, there’s an easy fix for that, pay 3k more during the year. you need someone to tell you that?
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That's funny

I had the same withholding past 10 years, only under Trump have I owed so much ... while getting a tax cut?


Ps if deferred compensation retirement plan( mutual fund) and 401ks are base on the market as well clearly one has more risk than the other. But if your only looking at the 401k side of the house as you seem to do. You missing slot

Equity markets lost 3 trillion. And the s&p lost 3.5 trillion. This hits the avg Joe who just saw their gains from the last 5 to 6 years wiped clean in 2 days and their not day trading or own individual stocks owners. ,

Then you have Mulvaney's comments at Cpak coronavirus is a Hoax ,,,, I am sure that hasn't settled investors fears . Seeing there looking globally, not just domestically

[scottw]

Originally Posted by wdmso

Then you have Mulvaney's comments at Cpak coronavirus is a Hoax ,,,,

try being honest...he said it's the latest democrat "hoax"...their latest effort to politicize an issue, whip up anger toward trump to attack him and hurt him politically...coronavirus is obviously real but just as with collusion and kavanaugh and nathan phillips and on and on, democraps won't miss an opportunity to scream feigned outrage for political leverage....you guys do it here every day pretty much hourly...."never let a good crisis go to waste"

[Got Stripers]

Originally Posted by scottw

try being honest...he said it's the latest democrat "hoax"...their latest effort to politicize an issue, whip up anger toward trump to attack him and hurt him politically...coronavirus is obviously real but just as with collusion and kavanaugh and nathan phillips and on and on, democraps won't miss an opportunity to scream feigned outrage for political leverage....you guys do it here every day pretty much hourly...."never let a good crisis go to waste"

Consider who is using the term hoax and then the context, it’s completely inappropriate for the president to make this political. Look at how he continues to downplay the number of cases and the seriousness of the threat, even yesterday at a rally he claims there are only 15 cases and suggests spring right around the corner will magically make this go away. Every statement he makes is geared towards getting re-elected and under the circumstances its wrong, but it’s just Trump being Trump, always his interests come first.

[Jim in CT]

Originally Posted by Got Stripers

it’s completely inappropriate for the president to make this political. .

is it equally inappropriate for democrats to politicize it? i agree it’s disgusting when trump does it, just wondering how you feel about democrats doing it.
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[Got Stripers]

Originally Posted by Jim in CT

is it equally inappropriate for democrats to politicize it? i agree it’s disgusting when trump does it, just wondering how you feel about democrats doing it.
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Big difference between Democrats complaining about cuts to the departments we now need most and the president, his messaging during this should be clear, truthful and devoid of politics. He contradicts his own scientific experts and that mixed message is not right.

[scottw]

Originally Posted by Got Stripers

Consider who is using the term hoax and then the context, it’s completely inappropriate for the president to make this political. Look at how he continues to downplay the number of cases and the seriousness of the threat, even yesterday at a rally he claims there are only 15 cases and suggests spring right around the corner will magically make this go away. Every statement he makes is geared towards getting re-elected and under the circumstances its wrong, but it’s just Trump being Trump, always his interests come first.

this is an extremely warped view.....

[Got Stripers]

Originally Posted by scottw

Trumps statements at his latest rally demonstrate an extremely warped view.....

Fixed

[Jim in CT]

Originally Posted by wdmso

avgJoe who just saw their gains from the last 5 to 6 years wiped clean in 2 days ly

this is a joke, right? look it up, the dow is way, way up over the last 5-6 years. how much do you think the markets went down in the last two days, exactly? or even the last week? the market as of today, has done well for the past few years.

you just make it up as you go along?

on 1/1/17, the DJIA was at 19,865. at the close yesterday, it was over 25,400. that’s getting “wiped out” to you? what are you talking about?
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[scottw]

Originally Posted by wdmso

And I still took a 1500 hit ... and another 3k I owe the Government so much for the tax break

think of it as an "investment"

[Jim in CT]

Originally Posted by scottw

think of it as an "investment"

and if the person he votes for wins, he’s going to invest a lot more than that.

WDMSO, if you are motivated by not paying any more federal income tax than you have to, you might want to re-think some things. especially if it’s trump vs bernie.

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