Retirees 'stunned' as market turmoil over tariffs shrinks their 401(k)s

Tbird19482 said:
Another thing I have an autistic son and we have been involved with Autism awareness month for years now.
Back when he was diagnosed with it the rate was 1 in 27000 kids and now with awareness increasing it is now something like 1 in 35 Kids have it. ( not sure of the exact number but it has gone way way up )
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There are many great activities to suppor this month ....That's why I mentioned it.... There is actually a pretty big one here today... A better choice for the people who are planning to protest today...They actually Might make a differencev If they
Were to attend the fundraiser instead..;) (I think we briefly discussed why the numbers having gone up so much... That's something that will definitely be addressed with the changes in Schools and Services for
Special needs children....numbers have soared in general... )
 
Poor Richard Saunders said:
I'm curious what you are invested in that gained 20% last week. It wasn't gold since that was down for the week. It certainly wasn't any stocks. Did you short the market? Even then you wouldn't have made 20% gains since the market indices were only down 6-10% for the week.

Would you care to share your winning strategy?
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I'm curious as the why you care; you can't use food stamps to open an account at Schwab's. They want cash deposits, and maybe some transfers from other trading accounts.

short calls Thursday and yesterday, short puts before that; now loading up on cash loading up on cash for Monday; lots of bargains out there dirt cheap now, and hopefully they drop a lot more on early Monday trading, especially in energy stocks. one company I hoping to reduce my cost basis on significantly, the rest going for buy and long terms holds, with low P/E's and good dividends in the 7%-8% range. IF Ford hits in the $6-$7 range I might take a flyer on those, but I mostly stick to the pipelines and oil filed stuff for the time being, with a play in a game software company I like, and for shits and grins a oil field supply penny stock I fool around with; small sales but with a lot of upside potential.

This bloodbath for the big Hedge Funds and automated traders is going great!!! Love it!!!

You know exactly shit about how the markets work. Those who do don't care which way it goes, they adjust accordingly. If I weren't a conservative gambler, I would have made a hell of lot more on shorts.
 
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EdwinA said:
short calls Thursday and yesterday, short puts before that; now loading up on cash loading up on cash for Monday; lots of bargains out there dirt cheap now, and hopefully they drop a lot more on early Monday trading, especially in energy stocks. one company I hoping to reduce my cost basis on significantly, the rest going for buy and long terms holds, with low P/E's and good dividends in the 7%-8% range. IF Ford hits in the $6-$7 range I might take a flyer on those, but I mostly stick to the pipelines and oil filed stuff for the time being, with a play in a game software company I like, and for shits and grins a oil field supply penny stock I fool around with; small sales but with a lot of upside potential.

This bloodbath for the big Hedge Funds and auto traders is going great!!! Love it!!!

You know exactly shit about how the markets work. Those who do don't care which way it goes, they adjust accordingly. If I weren't a conservative gambler, I would have made a hell of lot more on shorts.
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Ah.. so you are gambling. Not actually investing.
 
Tbird19482 said:
Well my daughter was the head of women's affairs at a large VA hospital in the area , and got a promotion last fall ( before Trump ) and she has told me they have had cuts come down that ARE hurting our VETS and it could get worse if the cuts keep coming.
The VA hospital here has had to cut services.
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Trump doesn't care. He considers military personnel to be suckers and losers.

9pt4vc.jpg
 
EdwinA said:
I'm curious as the why you care; you can't use food stamps to open an account at Schwab's. They want cash deposits, and maybe some transfers from other trading accounts.

short calls Thursday and yesterday, short puts before that; now loading up on cash loading up on cash for Monday; lots of bargains out there dirt cheap now, and hopefully they drop a lot more on early Monday trading, especially in energy stocks. one company I hoping to reduce my cost basis on significantly, the rest going for buy and long terms holds, with low P/E's and good dividends in the 7%-8% range. IF Ford hits in the $6-$7 range I might take a flyer on those, but I mostly stick to the pipelines and oil filed stuff for the time being, with a play in a game software company I like, and for shits and grins a oil field supply penny stock I fool around with; small sales but with a lot of upside potential.

This bloodbath for the big Hedge Funds and auto traders is going great!!! Love it!!!

You know exactly shit about how the markets work. Those who do don't care which way it goes, they adjust accordingly. If I weren't a conservative gambler, I would have made a hell of lot more on shorts.
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Called it. Ms. Edwina bet on Russia and sold America short.
 
Poor Richard Saunders said:
I'm curious what you are invested in that gained 20% last week. It wasn't gold since that was down for the week. It certainly wasn't any stocks. Did you short the market? Even then you wouldn't have made 20% gains since the market indices were only down 6-10% for the week.

Would you care to share your winning strategy?
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MAGA morons are infamous for concocting made up stories.
 
TOP said:
We'll just have to Agree to disagree about that... It's about how the money is appropriated....
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And how well it's managed. A lot of people who ordinarily would support more spending if it actually went to who it was supposed to help don't any more, precisely because Democrats siphon it off to line their own pockets and their cronies assorted 'ngo's.
 
Poor Richard Saunders said:
Ah.. so you are gambling. Not actually investing.
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That's all anybody does on Wall Street, dufus. It's why it's popular, and if you actually knew anything about it, you wouldn't be babbling this idiot shit. And, not every stock goes down, some still go up, and many go down a lot more than the averages do, moron. Real investors start companies and run businesses, they don't rent seek on Wall Street and then pretend they're 'investing n stuff'; only idiots try to claim that, dipshit.
 
TOP said:
There are many great activities to suppor this month ....That's why I mentioned it.... There is actually a pretty big one here today... A better choice for the people who are planning to protest today...They actually Might make a differencev If they
Were to attend the fundraiser instead..;) (I think we briefly discussed why the numbers having gone up so much... That's something that will definitely be addressed with the changes in Schools and Services for
Special needs children....numbers have soared in general... )
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And Might make a difference If they protest and wake up some of the stupid MAGAS that can't see what is really happening.
 
Poor Richard Saunders said:
It is a major hurt for a lot of people. For those people who have just enough to retire in the next 2 years and then suddenly see 2 years worth of that money disappear is painful. Then to see that inflation will be coming back on top if it hurts even more.
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Rubbish. Jobs are up, incomes are up, and another jump in the stocks is coming up soon, as early as the end of May, maybe even sooner as the hysterical dipshit daytraders and hedge fund losers get wiped out and the pros with patience get back in over April. Real capital investment is skyrocketing, with companies rushing to open factories here.
 
TOP said:
The protesters are not making any difference at all...
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They're now running around offering unemployed winos and illegal aliens free cigarettes and food coupons to get in the vans and go to the rallies. The media will do its best to make the tiny crowds look 'huge' on the news, herding them around behind the bimbos and fruits they use as Talking Heads these days and babbling for two minutes.
 
ThatOwlWoman said:
Heavens, no. If there's an opportunity to profit from fear, a lot of merchants will take advantage.
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Well the CEO'S of both Auto zone and Walmart came out and said some time ago as soon as they knew for sure Trump was putting his tariffs on they were going to raise prices and pad their bottom line , and also use that money to but more product .
And if you have bought things there you might see that on some products they have.
You can bet Corporations will not only pass the increases on but add a couple percent to them and pad their bottom line and blame it all on the tariffs.
 
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