stock market was up today...

#7,727
#7,727
Big Gucci Sosa said:
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If you have Disney stock, I'd sell it. Jus sayin.
 
#7,730
#7,730
Big Gucci Sosa said:
Reason? You don’t think it’ll be relevant in 15 years
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Disney seems to be making some not in a good way headlines recently and the market usually reacts negatively to that.

There are questions concerning inflated park earnings and other possible issues with folks running the company are swirling.

It remains to be seen how much negative traction those issue get .
 
#7,731
#7,731
Jeremy Roenick said:
This is just a generalization, nothing political in this statement.

But if you "survived" the 2000 and 2008 market collapses, and still put your hard earned $ in the Wall Street Casino (stocks, 401k's, mutual funds, IRAs) then you have learned nothing. It's a "big boys" game and the average investor is W.C. Fields' favorite person.... A sucker.
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Shut up you plebe
 
#7,732
#7,732
Jeremy Roenick said:
In the market collapse of 2008 I lost 6 figures. Much like a hostage in a bank holdup, I was helpless to do anything about it (401k). In 2009 I divested myself from the markets. Turned to physical alternative investments. PM's, buy/selling realestate, physical assets, etc. I now own nothing "paper or electronic" exposed to market forces. After 10 long years, I'm finally back to pre-2008.
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If you'd stayed in the market and done nothing you'd have been back to where you were by ~2013.
 
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#7,733
#7,733
Jeremy Roenick said:
In the market collapse of 2008 I lost 6 figures. Much like a hostage in a bank holdup, I was helpless to do anything about it (401k). In 2009 I divested myself from the markets. Turned to physical alternative investments. PM's, buy/selling realestate, physical assets, etc. I now own nothing "paper or electronic" exposed to market forces. After 10 long years, I'm finally back to pre-2008.

The next time the markets take a major dump, it won't be on my head.
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You were a fool. I also "on paper" lost 6 figures during the market collapse in my 401k. But, unlike you I didn't sell and kept my monthly 401k deductions the same and kept putting money into the market. I made some good stock picks along the way and 100% of my money was in the market. By 2015 my 401k was up over 500% from where it was 7 years earlier. I now have a very comfortable retirement.
I have since divested a lot of money from the market so I don't have to worry about the daily ups and downs and keep my money in fixed income and a S&P 500 index fund.
 
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#7,736
#7,736
DynaLo said:
Disney seems to be making some not in a good way headlines recently and the market usually reacts negatively to that.

There are questions concerning inflated park earnings and other possible issues with folks running the company are swirling.

It remains to be seen how much negative traction those issue get .
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low level accountant. not worried about short term.
 
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#7,741
#7,741
Anyone with a rational mind could have seen what China has been doing to us with the theft of IP and flooding our market with cheap goods to kill our manufacturing base. Trump is doing what should have been done decades ago, but as politics are they pass the buck to the next guy. I'm glad Trump has stood up to these thieves and showed a back bone that the pussies before him didn't have.
 
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#7,742
#7,742
VolStrom said:
Anyone with a rational mind could have seen what China has been doing to us with the theft of IP and flooding our market with cheap goods to kill our manufacturing base. Trump is doing what should have been done decades ago, but as politics are they pass the buck to the next guy. I'm glad Trump has stood up to these thieves and showed a back bone that the pussies before him didn't have.
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I agree that something has had to be done for a long time. I'm thankful he's trying to do something about it. But does he always have to take care of stuff by acting like a bull in a "China" shop?
 
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#7,747
#7,747
VolStrom said:
Anyone with a rational mind could have seen what China has been doing to us with the theft of IP and flooding our market with cheap goods to kill our manufacturing base. Trump is doing what should have been done decades ago, but as politics are they pass the buck to the next guy. I'm glad Trump has stood up to these thieves and showed a back bone that the pussies before him didn't have.
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Interesting spin.

"China flooding our market with cheap stuff" - they captured and maintained market share by doing the bidding of American companies and designers looking to get better margins, increased profits and higher returns for shareholders. One could make the argument that in that regard China is helping America be better at being capatalistic.
 
#7,749
#7,749
Septic said:
Interesting spin.

"China flooding our market with cheap stuff" - they captured and maintained market share by doing the bidding of American companies and designers looking to get better margins, increase profits and better returns for shareholders. One could make the argument that in that regard China is helping America be better at being capatalistic.
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One thing for sure it has been transformative. Can we move away from this connection and should we? Or should we change the dynamic so that our trade is not so disadvantageous to us and deal with the theft of intellectual property in a fair and even handed way, whatever that is?

You got any ideas? Because I, for one, certainly don't feel comfortable at where this appears to be heading.
 
#7,750
#7,750
Septic said:
Interesting spin.

"China flooding our market with cheap stuff" - they captured and maintained market share by doing the bidding of American companies and designers looking to get better margins, increased profits and higher returns for shareholders. One could make the argument that in that regard China is helping America be better at being capatalistic.
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There is nothing better than short term profits to make short term wealth. American companies have a 2 year vision, China has a 30+ year vision.
 
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