How’s the stock market?

Mr Doof

Duke status
Jan 23, 2002
25,223
8,331
113
San Francisco, CA
I heard the decimal point is gonna move .10 to the right with US tender dollar currency ....
What?
My 401(k) is up $300K since Soft Top took office. Thanks, Brandon!!!
That is fantastic news if you started with $50K, but complete suckage if you started with $750K...which is it?

That explains why my HPE in the Roth is suddenly not complete garbage. I owe it all to the old friend who used to work for Juniper with the blue eyes.




And since I own some HPE at a lower price than today's closing price, I think there is room for lots of suckers, errr, surfers to buy, buy, buy, reverse mortgage the parent's house and buy, buy, BUY, then hold while I exit at 40 or so! :p :computer:
 
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sickdog

Legend (inyourownmind)
Aug 5, 2006
520
315
63
Put your money into an ETF, not individual stocks like the degenerates on here. VOO is a good standard.
Do these ETF's generally, sell when they think it is probably a smart time to sell a stock, as opposed to just holding long term? Do they all react if it's crashing like the start of the covid outbreak or something? Like sell most holdings, and buy Netflix, Skype, etc.?
 

Chocki

Phil Edwards status
Feb 18, 2007
7,365
8,442
113
Planet Earth
Do these ETF's generally, sell when they think it is probably a smart time to sell a stock, as opposed to just holding long term? Do they all react if it's crashing like the start of the covid outbreak or something? Like sell most holdings, and buy Netflix, Skype, etc.?
Actively managed, yes. Passive, no.
 
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Sharkbiscuit

Duke status
Aug 6, 2003
27,128
20,192
113
Jacksonville Beach
One day Trumps says the stock market is thinking he'll win the upcoming election, and this is why the market is going up.

A day later he says something like Taiwan should pay for protection and the market (led by semiconductors) is down.

Easy come, easy go.
IMHO Powell's going to cut in September, Thruster's going to win, spending hike, tax cut, and heavy pressure on the Fed to cut rates. For four years he said all sorts of dumb sh!t on a weekly basis and the market went this way and that but as soon as it shat the bed for a day he reversed course.
 

hammies

Duke status
Apr 8, 2006
15,972
14,995
113
Thruster is an idiot.

The stock market IMO is gonna pop the AI bubble soon and lose a bunch, especially IXIC. Probably a mild general recession in '25 or '26; the economy has been going gangbusters the last 3 years and we are due for a downturn. This will all happen regardless of who gets elected, as the President really doesn't have THAT much control of the economy.

General war breaks out in Europe or China moves on Taiwan, then all bets are off.
 

gbg

Miki Dora status
Jan 22, 2006
4,091
3,742
113
The big corporations that dominate the economy are going to keep soaring no matter who is president. I'm up 18% this year and its still July.
 
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hammies

Duke status
Apr 8, 2006
15,972
14,995
113
LOL

Compounded over the past several years we're around 20% - that's why everywhere you look prices are up about 20%.
OTOH even a passive 100% S&P investor has beaten inflation quite handily over the past several years.
For example, on 1/25/21 the S&P was at 3729, now it is at 5544, a 48% increase
 

casa_mugrienta

Duke status
Apr 13, 2008
44,576
19,431
113
Petak Island
OTOH even a passive 100% S&P investor has beaten inflation quite handily over the past several years.
For example, on 1/25/21 the S&P was at 3729, now it is at 5544, a 48% increase
That's if they bought in on that specific day.

If they bought in December 2020 you can cut that number in half.

Then they'd most likely be paying cap gains, unless their retirement plan allows them to purchase SPX.

:toilet: