OT The Volatile Dow Jones.....

Discussion in 'Blazers OT Forum' started by ABM, Sep 13, 2019 at 6:48 AM.

  1. ABM

    ABM Happily Married In Music City, USA!

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    .....about to set a new record today.

    Man, I don't know what to make of this, but it seems to hinge on every Trump move....good or bad. Can any of you make sense of all this volatility?

    I used to be in the stock market, but now all our assets are tied up in real estate.
     
  2. EL PRESIDENTE

    EL PRESIDENTE "NO COLLUSION"

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    The market has been manipulated for years. Its not an accurate reflection of anything, other than Trump (or Obama) keeping rates low or the promise of Quantitative Easing.
     
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  3. tlongII

    tlongII Legendary Poster

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    Automated trading.
     
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  4. barfo

    barfo commie pinko... now with added syphilis! Staff Member Global Moderator

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    Yes. Businesses and markets don't like uncertainty. Trump introduces uncertainty. Ergo, volatility.

    barfo
     
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  5. julius

    julius Global Moderator Staff Member Global Moderator

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    The dow is such a pointless barometer no matter who is president.
     
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  6. Hoopguru

    Hoopguru Know where you are going or end up somewhere else!

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    The power of compounding interest still exist I maxed out my 401k contribution for 30 years with a part match, absolutely no regrets.
    I also invested in other preferred stocks that have done well.
    Investing is still a viable approach, determine if you are looking at long term or short income investments.
    Knute Bellies are the best commodity trade now.
     
  7. ABM

    ABM Happily Married In Music City, USA!

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    Yep, I get that. My corporate years helped get me a decent 401k. When I left, that all was converted to an IRA. Since then, I was able to convert my 100% of my IRA (with no penalties) to real estate property rentals, etc. It's a pretty good gig.
     
  8. Hoopguru

    Hoopguru Know where you are going or end up somewhere else!

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    Can’t go wrong with real estate!
    Our Roth IRA’ have done well and we skim off when it hits a certain amount to use for expenditures.
     

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