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  1. #1
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    Inflation is killing the stock market

    http://money.cnn.com/2018/02/06/inve...ump/index.html

    The correction was predicted and don't say I didn't tell you so. It just happening faster than they thought.

  2. #2
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    And still 5 to 6000 points higher than your car dealer left us. Crumbs I know. But hey I'll take it.
    Likes GeoFisher liked this post

  3. #3
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    Quote Originally Posted by Moveon View Post
    http://money.cnn.com/2018/02/06/inve...ump/index.html

    The correction was predicted and don't say I didn't tell you so. It just happening faster than they thought.
    Trump almost immediately eliminated quantitative easing, causing the FED rate to raise. That is a good thing.....it is an indicator that things are better.

    Inflation is also an indicator of a strong and growing economy.

    I will take it. the markets corrected 10%, as expected. Lots of folks took profits, and we had a 1200 pt swing yesterday from teh opening bell.........closing 500-600 points higher, for the single largest close in 2 years.

    We're fine.
    Likes riverrat12, zx150 liked this post

  4. #4
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    Stocts drop 900 points again Scared investors ??

    http://money.cnn.com/2018/02/08/inve...ket/index.html

    I never felt comfortable in the stock market. I invested in mutual funds and doubled my money but then pulled out and cashed in my investment a few years ago while the market was higher.

    If you are holding onto your stock right now then you are taking a chance that when you cash in the value may not still be there in the future. Or it could double again? Who knows. It's a gamble IMHO. And a gamble where the odds are unknown. I don't gamble with unknown odds.

  5. #5
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    what do you think mutual funds invest in?

  6. #6
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    Quote Originally Posted by Moveon View Post
    http://money.cnn.com/2018/02/08/inve...ket/index.html

    I never felt comfortable in the stock market. I invested in mutual funds and doubled my money but then pulled out and cashed in my investment a few years ago while the market was higher.

    If you are holding onto your stock right now then you are taking a chance that when you cash in the value may not still be there in the future. Or it could double again? Who knows. It's a gamble IMHO. And a gamble where the odds are unknown. I don't gamble with unknown odds.
    Here is a little bit of info...........

    YOU left a **** ton on the table. The market , even dropping 2000 points is still higher than it has EVER been.....

    Pay attention.

    WE are still 25% higher than it ever closed under your GOD.........Baroken Obama.
    Likes zx150 liked this post

  7. #7
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    It's not over until the fat lady signs

    Quote Originally Posted by GeoFisher View Post
    Here is a little bit of info...........

    YOU left a **** ton on the table. The market , even dropping 2000 points is still higher than it has EVER been.....

    Pay attention.

    WE are still 25% higher than it ever closed under your GOD.........Baroken Obama.
    It's not over yet George. The stock market went up and stayed up for a long time with Obama. It's much more volatile with Trump. You have to agree that Trump is not the smartest cookie in the cookie jar. He's filed for bankrupty at least 5 times already. Do you really truck a businessman who's gone broke five different times at the helm of the US Government.

    Yesterdays over 1000 point loss was the largest since the 2008 crash.

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