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

[Magats_Love_NHB]

It's mentally ill incoherent rambling. Beta cucks like Uncle Twat are not capable of violence. They can only kneel and watch mom get Mandingo ass tooled from the closet.

Again, nobody is interested in your hobbies. Get a life.

 

[LurchAddams]

If you're a minority please don't be confused. It's not why I loath you.

No it's not. The reason you loathe me, is why all trumptards loathe people who don't bow down to their fat king. I speak the truth.

Also, suck my dick.

 

[LurchAddams]

My advice is sound,....you should follow it. I'll have you straightened out in no time kid!....

Tool late I'm already straight. Also, I speak the truth and sound rational. trump-fluffers? Not so much!

 

[Into the Night]

That would have been Abraham Lincoln and his greenbacks.

Greenback (1860s money) - Wikipedia

en.wikipedia.org

Republicans like to forget they invented most of the economic policies they now snivel about. The railroads and banks have always been the 'innovators' when it comes to corporate welfare and 'corporate personhood'.

Nope. Abe's greenbacks are not fiat money. They were bonds. They WERE used as money for a time, since they were bearer bonds. Their unit of account was still the dollar, backed with gold and silver.

I don't snivel about fiat currency, Edwina. It does have a built-in inflation factor though, caused by government expansion. Because of this, eventually, fiat currency will eventually be abandoned from general use in a nation (currency collapse). When that happens, people will simply choose another currency to use, and no government can stop it.

 

[EdwinA]

Nope. Abe's greenbacks are not fiat money. They were bonds. I don't snivel about fiat currency. It does have a built-in inflation factor though, caused by government expansion.

lol ridiculous. They replaced hard currency, and went as low as 40 gold cents on the dollar. Business would pay their employees, and soldiers, in the paper money while demanding what was owed them be paid in hard currency. Some companies paid employees in company scrip, only usable in company stores at huge discounts, and did so for the rest of the century. Then Republicans act all shocked n shit when they lose elections and got things like the Federal Reserve Bank. They can't keep from stepping on their dicks and robbing the peasants. They're as much responsible for Democrats like Obama and Biden getting elected as the deviants and commies are.

 

[Into the Night]

I already said, but I will say it again. Back when trump was announcing tariffs against Canada and Mexico, and then postponing them, I noticed that everyone else was treating it as if trump had said that he was not going through with them. I thought about it for a week, and realized that trump had just said he would postpone the chaos for 30 days. I bought SPY(a S&P500 ETF, and a good proxy for the market in general) Put Option at $585 for an average $1.98 with 5% of my portfolio. When trump went through with the tariffs, the S&P 500 began collapsing, and I started raking in the money. I have gone on to make similar investments, though honestly people are growing used to trump's failure, and it is getting more expensive to buy bearish options.

Anyway, Friday was the type of insanity that comes along once in a lifetime. On one level, I wish I had put in more, but on the other level more would have given me a heart attack.

WHAT IS NEXT??? The S&P 500 has to drop to 4,917, and it will be a bear market. I do not know how much further it will drop from there. I am waiting for trump to announce his next stupid move.

You are not everyone else, Wally.

You are just like any gambler. You only talk about your wins, but never your losses.

Illiteracy: Proper nouns are always capitalized.

 

[ULTRA MAGA]

No it's not. The reason you loathe me, is why all trumptards loathe people who don't bow down to their fat king. I speak the truth.

Also, suck my dick.

Can you post a photo of it to see if it's suck worthy. Fagot

 

[Into the Night]

That was probably smart.

The scary thing is you can never completely leave all the markets. You always need to park your money somewhere. For instance, you could have your money in short term Treasurys, which would normally be considered the safest thing on Earth... But trump loves defaulting on things, and even though it should be impossible to default.

That literally keeps me up at night.

Must suck to be a gambler, betting more than he can afford.

 

[Into the Night]

lol ridiculous. They replaced hard currency,

Never did.

and went as low as 40 gold cents on the dollar.

The dollar was measured in gold at the time.

Business would pay their employees, and soldiers, in the paper money while demanding what was owed them be paid in hard currency. Some companies paid employees in company scrip, only usable in company stores at huge discounts, and did so for the rest of the century. Then Republicans act all shocked n shit when they lose elections and got things like the Federal Reserve Bank. They can't keep from stepping on their dicks and robbing the peasants. They're as much responsible for Democrats like Obama and Biden getting elected as the deviants and commies are.

The Federal Reserve wasn't created during the War of Secession, Edwina.

 

[BartenderElite]

Trump doesn't know what he's doing.

Finally, some on the right are starting to realize that. Not many, but it's a start.

 

[Into the Night]

Yes, they eventually pass around enough vids of habitual shoplifters and purse snatchers to make you and your peers have to change markets. I believe you on this.

Contextomy fallacy. Pay attention Edwina.

 

[EdwinA]

That's the counter? The prosperity under Clinton, the longest peacetime recovery under Obama, 16 million jobs added under Biden - all fraudulent? And the crashes under Bush and Trump were also fraudulent I assume?

LOL

Not even a nice try. Historically, there is zero argument - zero. Republicans crash economies. Democrats rebuild them & things are better for Americans under Dems.

Republicans controlled the budgets in the 104th Congress, 105th, and 106th, idiot. 3 out 4 Congresses under Clinton. You don't know squat, as is typical for Democrats and deviants. I'll leave the Senate majorities for doing your own homework lessons.

 

[Into the Night]

If they voted for Trump they have no one to blame but themselves.

So? I have no regrets whatsoever, Sybil.

 

[Into the Night]

Bonds are not about making money. They are about holding money. If you move money out of the market and into bonds during the highs, and then move out of bonds and into stocks during the lows, you will make money.

Advice from a gambler.

 

[Into the Night]

Trump doesn't know what he's doing.

He does. YOU don't know what Trump is doing.

 

[EdwinA]

Never did.

Yes, it did.

The dollar was measured in gold at the time.

Yes, as I pointed out. They paid the little people in paper dollars worth less than face value in gold while keeping the gold standard for themselves. Try again when your reading skills improve, if ever.

The Federal Reserve wasn't created during the War of Secession, Edwina.

Nobody said it was. Your fantasies never hold up to real history.

 

[EdwinA]

Contextomy fallacy. Pay attention Edwina.

Yes, you make a lot of those.

 

[AProudLefty]

You can't blame the current economic depression on Trump! It was caused by Democrats. Trump is working to finally end it.

When will that happen?

 

[Into the Night]

The Fed keeps interest rates artificially low, as another welfare program for billionaires, banks, and big corporations who can borrow at prime rates or less.. That needs to end and interests rates doubled to reflect real inflation.

Interest rates are not inflation. You are simply advocating communism.

End the Fed.

 

[Into the Night]

But...that price of eggs!!

What about 'em?