stock market was up today...

#12,804
#12,804
BigOrangeMojo said:
There's no reduction to the debt, it continues to grow.

Deficit reduction is different than debt reduction.
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Yup. Really don't like how Biden ballyhooed the deficit reduction the other day. I mean, we need to have the deficit hit zero and then we can tackle paying down the debt. But politicians (to be fair, on both sides) I think often count on a lot of the voters not understanding the difference.
 
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#12,805
#12,805
lawgator1 said:
Yup. Really don't like how Biden ballyhooed the deficit reduction the other day. I mean, we need to have the deficit hit zero and then we can tackle paying down the debt. But politicians (to be fair, on both sides) I think often count on a lot of the voters not understanding the difference.
Click to expand...

Yeah, not impressed when you have a 1.5 trillion reduction in deficit when you no longer have to worry about 6.25 trillion in COVID spending over past 24 months.
 
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#12,816
#12,816
Listen kids. Gen X is fighting this time, but your turn is coming. There will always be fascists that play king of the hill. Your JOB is to survive.
 
#12,821
#12,821
SpaceCoastVol said:
This retarded market makes me want to start.
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We've had a protracted bull market forever, I'm surprised you didn't see this disaster coming. Never in my life have I pulled out of the market when I thought things were getting bad, but this time I feel it's different, and I pulled my money out a couple of months ago.
 
#12,824
#12,824
I might be a puss in some folks eyes financially, but with my 401k down almost 11%ytd in this bumbling, stumbling, demented dumbazzes' economy.......i jumped out 2 weeks ago and took the loss. Saved the date in a screenshot, and put 100% of my 401k in a moneymarket type account with a guaranteed return of 1.5 to 2%. Simply cannot afford to lose 25 to 30% of my retirement fund like my Dad and Pappaw both did in the 2008 recession. Of course, what i am now earning will never keep pace with thw record inflation resulting from these same morons policies...but that same inflation was here regardless and would have just compounded the beating that stocks are taking right now.

I am fighting the gamblers urge that i have telling me to put about a third of it back in the market on GOOG. Since they have the split coming in a couple months ...or to put a chunk in Raytheon since we are now sending just about every missile etc that they make over to Ukraine as part of the newest 33 Billion taxpayer dollars Bidens dumbazz just sent through the pipeline which is ONLY Supposed to cover them thru the fiscal year ending in sept....and surely doesnt even count all the expensive sheit that we had stockpiled which we are sending that will also have to be replaced with taxpayer funds....but for now i am content just to not LOSE any more money every week. I get a text from Principal every monday morning with my balance....been losing on average about $1000 a week all year long. That sucks balls. Now i am gaining $300 every week maybe? Not counting what i add weekly or the company matches. Maybe i am stupid and should have waited it out ....gonna try to buy back in when i can make some $ later. Only time will tell i guess. Good luck to yall and thanks for advice when i have asked. Go VOLS
 
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