Vambo Posted August 26, 2022 Report Share Posted August 26, 2022 Quote Link to comment Share on other sites More sharing options...
Axe Posted August 27, 2022 Report Share Posted August 27, 2022 Well, there goes about $45k Fuck every one of you pc o shit Mfers that voted for this BS.. It's going to get worse 1 Quote Link to comment Share on other sites More sharing options...
TexasAg1969 Posted August 27, 2022 Report Share Posted August 27, 2022 Perhaps you were asleep at the wheel when the Great Crash occurred under Republican leadership and started a 10 year + rebound from there in early 2009. Markets do go up and down over time and if you didn't anticipate this eventuality, you'd better find more stable investments. If you so thoroughly believed that a Dem in the WH was going to send the market down, then why did you not either divest yourself or at least diversify? Quote Link to comment Share on other sites More sharing options...
Westside Steve Posted August 27, 2022 Report Share Posted August 27, 2022 56 minutes ago, TexasAg1969 said: Perhaps you were asleep at the wheel when the Great Crash occurred under Republican leadership and started a 10 year + rebound from there in early 2009. Markets do go up and down over time and if you didn't anticipate this eventuality, you'd better find more stable investments. If you so thoroughly believed that a Dem in the WH was going to send the market down, then why did you not either divest yourself or at least diversify? Doesn't seem like a very sound defense of today's situation does it? WSS Quote Link to comment Share on other sites More sharing options...
Axe Posted August 27, 2022 Report Share Posted August 27, 2022 1 hour ago, TexasAg1969 said: Perhaps you were asleep at the wheel when the Great Crash occurred under Republican leadership and started a 10 year + rebound from there in early 2009. Markets do go up and down over time and if you didn't anticipate this eventuality, you'd better find more stable investments. If you so thoroughly believed that a Dem in the WH was going to send the market down, then why did you not either divest yourself or at least diversify? You really shouldn't talk about things you don't know. Quote Link to comment Share on other sites More sharing options...
TexasAg1969 Posted August 27, 2022 Report Share Posted August 27, 2022 1 hour ago, Axe said: You really shouldn't talk about things you don't know. You said you lost $45,000. So how did that happen since you say I don't know what I'm talking about. Speaking for myself I have been anticipating inflation to bite us for every year of the trumpy $1Tril deficits and have kept both diversified and enough in protected assets in IRA's to weather 2 years of market downturns that would cover all required minimal distributions from assets that are subject to those laws. Quote Link to comment Share on other sites More sharing options...
TexasAg1969 Posted August 27, 2022 Report Share Posted August 27, 2022 2 hours ago, Westside Steve said: Doesn't seem like a very sound defense of today's situation does it? WSS See above. I have continued with that practice because I thought inflation and market downturn were both long overdue through both administrations. It was a great run after the great Downturn of 2008-early 2009. But it would have been dumb to expect that forever. Quote Link to comment Share on other sites More sharing options...
Axe Posted August 27, 2022 Report Share Posted August 27, 2022 38 minutes ago, TexasAg1969 said: Speaking for myself You should stick to that. You don't know me. You don't my financial situation. You don't know what percentage of the big picture I have at risk in the market. Stick to speaking for yourself Quote Link to comment Share on other sites More sharing options...
Westside Steve Posted August 27, 2022 Report Share Posted August 27, 2022 1 hour ago, TexasAg1969 said: See above. I have continued with that practice because I thought inflation and market downturn were both long overdue through both administrations. It was a great run after the great Downturn of 2008-early 2009. But it would have been dumb to expect that forever. There's always a correction around the corner. Combine that with a Joe Biden's Administration and it comes sooner and harder than it probably needs to. Kind of like Nancy kerrigan. She wasn't going to be the number one ranked figure skater forever but probably longer than she would have been without Tanya Harding. WSS Quote Link to comment Share on other sites More sharing options...
Axe Posted August 27, 2022 Report Share Posted August 27, 2022 4 minutes ago, Westside Steve said: There's always a correction around the corner. Combine that with a Joe Biden's Administration and it comes sooner and harder than it probably needs to. Kind of like Nancy kerrigan. She wasn't going to be the number one ranked figure skater forever but probably longer than she would have been without Tanya Harding. WSS Tanya Harding is to Nancy Kerrigan what Joe Biden is to the United States 1 Quote Link to comment Share on other sites More sharing options...
Westside Steve Posted August 27, 2022 Report Share Posted August 27, 2022 2 hours ago, Axe said: Tanya Harding is to Nancy Kerrigan what Joe Biden is to the United States 1 Quote Link to comment Share on other sites More sharing options...
Canton Dawg Posted August 27, 2022 Report Share Posted August 27, 2022 Quote Link to comment Share on other sites More sharing options...
Axe Posted August 29, 2022 Report Share Posted August 29, 2022 On 8/27/2022 at 8:57 AM, TexasAg1969 said: Blah Blah Blah.. Tex seems to fancy himself as some sort of financial advisor..🤣 1 Quote Link to comment Share on other sites More sharing options...
Westside Steve Posted August 29, 2022 Report Share Posted August 29, 2022 And of course that's on top of inflation sucking up 9 or 10% of whatever you had in your investments. WSS Quote Link to comment Share on other sites More sharing options...
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