Stock Market Hits 20,000 Milestone

[jimbo2012]

Fox Mentions It 14 Times, CNN Only 2 TImes

why?

Today's Democrats



https://pbs.twimg.com/media/C2-bJnxUoAAaLzR.jpg

[jimbo2012]

Economist Says Stock Market Gained $2 TRILLION in Wealth Since Trump Elected!

[MDLNB]

Economist Says Stock Market Gained $2 TRILLION in Wealth Since Trump Elected!

Looks like a bunch of retired liberals should be thanking Trump. Like that would ever happen.

[Chi-Town]

Interesting article all the way rhrough.

For most Americans, Dow 20,000 carries little benefit (https://apnews.com/b7fa6fbd18034351bb2f988b5696bd5c)

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[MDLNB]

Interesting article all the way rhrough.

For most Americans, Dow 20,000 carries little benefit (https://apnews.com/b7fa6fbd18034351bb2f988b5696bd5c)

Sent from my SM-N910V using Tapatalk


Another glass half empty type of guy.

[jchase]

They don't have any money!

[Henryk]

Economist Says Stock Market Gained $2 TRILLION in Wealth Since Trump Elected!

Can you cite a source?

[AJ32162]

Can you cite a source?

For those too lazy to do their own research:

DOW 20,000! Stocks Gained $2 TRILLION in Wealth Since Trump… Envy of Markets Worldwide – InvestmentWatch (http://investmentwatchblog.com/dow-20000-stocks-gained-2-trillion-in-wealth-since-trump-envy-of-markets-worldwide/)

[dirtbanker]

Can you cite a source?
You might want to ask the columnist that states "it carries little benifit" where he got his data.

I am curious how the liberals on here feel with regard to their investments??

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[AJ32162]

You might want to ask the columnist that states "it carries little benifit" where he got his data.

I am curious how the liberals on here feel with regard to their investments??

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Most are probably like Joe Biden, who has stated that he has none.

[Chi-Town]

Another glass half empty type of guy.
Read the article, not just the headline. For me the glass is full.



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[MDLNB]

Read the article, not just the headline. For me the glass is full.



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Oh? So Cardinal Health stock did well for you, even after those two court cases against them?

But seriously, the article seemed to indicate that only the rich made out with the jump in the DOW. The author acted like it did nothing for anyone else.

[Chi-Town]

Oh? So Cardinal Health stock did well for you, even after those two court cases against them?

But seriously, the article seemed to indicate that only the rich made out with the jump in the DOW. The author acted like it did nothing for anyone else.
Sold my CAH stock at $65 dollars a share in 2003. Don't know anything about court cases.

The article did mention that rising stock prices encourages individual and corporate spending which benefits all of us with with job growth.

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[MDLNB]

Sold my CAH stock at $65 dollars a share in 2003. Don't know anything about court cases.

The article did mention that rising stock prices encourages individual and corporate spending which benefits all of us with with job growth.

Sent from my SM-T310 using Tapatalk

The theme of the article seemed to indicate that the boom helped the top 90% mostly. The part that you are referring to, seemed to be a very minute figment of the article. But, you are correct there was that little tidbit of confidence.

""Any boom in the stock market is going to pass by the great majority of Americans," Wolff said."
"The Dow's 23 percent surge over the past year has benefited mostly investors who were already well-off."

And I found this little point to be interesting: "The proportion of Americans with retirement accounts actually declined slightly from 2010 to 2013 — from 50.4 percent to 49.2 percent."

I'm not disagreeing with the article. It just seemed to be mostly downplaying the stock market surge. And I may be looking at it wrong. I admit that.

[Chi-Town]

Let's hope that a rising tide lifts all boats.

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[rubicon]

Mark Cuban the billionaire is eating crow big time

Personal Best Regards:

[Paper1]

I for one am very concerned the US economy does not reward work as it once did. I'm sure a majority of us here in the Villages are benefiting from the crazy climb the stock market but that is all unearned income. Don't get me wrong we need that but the ratio between wages paid for working 40 hours and money made with money is way out of balance and has been for some time. Income tax even favors unearned income. Corporate tax rates should be targeted at companies that create Ameriacan jobs. If technology and foreign manufacturing is drive stock price those earning should be taxed at the same rate as the firefighter or teacher down the road. I don't know who has called me a libtard in the past but I'm getting kind of fond of it. AmI missing something?

[MDLNB]

Mark Cuban the billionaire is eating crow big time

Personal Best Regards:

Probably right, but it's early.

[MDLNB]

Let's hope that a rising tide lifts all boats.

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Amen!

[dirtbanker]

I for one am very concerned the US economy does not reward work as it once did. I'm sure a majority of us here in the Villages are benefiting from the crazy climb the stock market but that is all unearned income. Don't get me wrong we need that but the ratio between wages paid for working 40 hours and money made with money is way out of balance and has been for some time. Income tax even favors unearned income. Corporate tax rates should be targeted at companies that create Ameriacan jobs. If technology and foreign manufacturing is drive stock price those earning should be taxed at the same rate as the firefighter or teacher down the road. I don't know who has called me a libtard in the past but I'm getting kind of fond of it. AmI missing something?
Yeah you forgot to explain how the unions and you voting Democratic all these years has helped anything

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[Maxamillion]

Looks like a bunch of retired liberals should be thanking Trump. Like that would ever happen. So it went up what 92 points from the high on Jan.6th 2017 of 19977 and Obama was President
Maybe it they should be thanking Obama seeing it went up 12,000 points from the time Obama took over from Bush.
It was 7949 the day Obama was sworn in and 19808 the day before he left.
But the high when he was in was 19977.
Yes 12,000 points is just a little more then 260 from the 19th and only 92 from the high when Obama's high

[MDLNB]

So it went up what 92 points from the high on Jan.6th 2017 of 19977 and Obama was President
Maybe it they should be thanking Obama seeing it went up 12,000 points from the time Obama took over from Bush.
It was 7949 the day Obama was sworn in and 19808 the day before he left.
But the high when he was in was 19977.
Yes 12,000 points is just a little more then 260 from the 19th and only 92 from the high when Obama's high

Nice try, but that dog don't hunt. I respect your misplaced loyalty though.

[Chi-Town]

So it went up what 92 points from the high on Jan.6th 2017 of 19977 and Obama was President
Maybe it they should be thanking Obama seeing it went up 12,000 points from the time Obama took over from Bush.
It was 7949 the day Obama was sworn in and 19808 the day before he left.
But the high when he was in was 19977.
Yes 12,000 points is just a little more then 260 from the 19th and only 92 from the high when Obama's high

Believe me, I thank Obama on a monthly basis when I get my investment statements. I chuckle when Trump is congratulated.by the posters who pooh-poohed Obama's run up. It's obvious they were waiting for their certificates of deposit to increase in value.

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[AJ32162]

Believe me, I thank Obama on a monthly basis when I get my investment statements. I chuckle when Trump is congratulated.by the posters who pooh-poohed Obama's run up. It's obvious they were waiting for their certificates of deposit to increase in value.

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Chi,

From your statement it is obvious that you lack the financial acumen to manage your own investments (as paltry as they may be). So, it's probably best that you continue to let a 'professional' manage them for you.

[Chi-Town]

Chi,

From your statement it is obvious that you lack the financial acumen to manage your own investments (as paltry as they may be). So, it's probably best that you continue to let a 'professional' manage them for you.

Good news for you AJ......you can get a one year CD paying 1.05%. BTW, you are right, I don't manage my own investments, because I lack the financial acumen that my portfolio manager posseses. Someone who manages their own investments has a fool for a client.



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[dirtbanker]

Believe me, I thank Obama on a monthly basis when I get my investment statements. I chuckle when Trump is congratulated.by the posters who pooh-poohed Obama's run up. It's obvious they were waiting for their certificates of deposit to increase in value.

Sent from my SM-T310 using Tapatalk

Huh? Are you saying your investment portfolio has certificates of deposits and the return is making you happy?? Could you share with us why anyone would invest in something that has a interest rate of .68%? Even if you purchased at high tide (2007) it was 4% interest on a 5 year CD???

[Chi-Town]

Huh? Are you saying your investment portfolio has certificates of deposits and the return is making you happy?? Could you share with us why anyone would invest in something that has a interest rate of .68%? Even if you purchased at high tide (2007) it was 4% interest on a 5 year CD???
No CDS. Haven't had any in years due to the low rates and climbing stock prices. Just mentioned it for those who stuck with them through the years.

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[AJ32162]

Good news for you AJ......you can get a one year CD paying 1.05%. BTW, you are right, I don't manage my own investments, because I lack the financial acumen that my portfolio manager posseses. Someone who manages their own investments has a fool for a client.



Sent from my SM-N910V using Tapatalk

Thanks for the "useful" tip on CDs, but I'm primarily an options trader.

[Chi-Town]

Thanks for the "useful" tip on CDs, but I'm primarily an options trader.
The CBOE is a crazy place. And money to be made. I don't have enough risk tolerance to venture into that territory. But I know people who are 1 percenters because of it.

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[AJ32162]

The CBOE is a crazy place. And money to be made. I don't have enough risk tolerance to venture into that territory. But I know people who are 1 percenters because of it.

Sent from my SM-N910V using Tapatalk

That's the advantage of trading option spreads, you know exactly what your maximum gain or loss will be when you buy and sell a contract. No surprises.

[Don Baldwin]

Thanks for the "useful" tip on CDs, but I'm primarily an options trader.

The CBOE is a crazy place. And money to be made. I don't have enough risk tolerance to venture into that territory. But I know people who are 1 percenters because of it.

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That's the advantage of trading option spreads, you know exactly what your maximum gain or loss will be when you buy and sell a contract. No surprises.

Go ahead...take a seat at "their" casino... They know where the stops are...the buy orders... They know everything...

[AJ32162]

Go ahead...take a seat at "their" casino... They know where the stops are...the buy orders... They know everything...

"Where the stops are...the buy orders." They have little or no relevance when placing limit orders. And, your entire post just shows your complete lack of market knowledge, as you obviously know nothing about stock or options trading.

By the way, the buy and sell order information (that so concerns you) IS available to everyone with a subscription to Level II quotes.

[Don Baldwin]

"Where the stops are...the buy orders." They have little or no relevance when placing limit orders. And, your entire post just shows your complete lack of market knowledge, as you obviously know nothing about stock or options trading.

By the way, the buy and sell order information (that so concerns you) IS available to everyone with a subscription to Level II quotes.

Whatever dude...

You've done well...because the market's done well. The market's done well because the Fed dumped a lot of money into buying bonds to keep interest rates low and they've given the banks "free" money to buy stocks keeping the prices going up. POMOs, QE 1,2,3...the market "success" is fake.

[AJ32162]

Whatever dude...

You've done well...because the market's done well. The market's done well because the Fed dumped a lot of money into buying bonds to keep interest rates low and they've given the banks "free" money to buy stocks keeping the prices going up. POMOs, QE 1,2,3...the market "success" is fake.

Whatever dude...

[Don Baldwin]

Whatever dude...

Yes...whatever...no clue huh? Could have at least googled them to get an idea about what I was talking about. Instead I get BACK what I said to you. Ignorant and no imagination.

The Feds "rising tide" rose ALL the boats...yours too. You're no financial genius. You rode the river with everyone else. It was hard to LOSE this past 8 years. $10 trillion borrowed, helped keep the market up.

[AJ32162]

Yes...whatever...no clue huh? Could have at least googled them to get an idea about what I was talking about. Instead I get BACK what I said to you. Ignorant and no imagination.

The Feds "rising tide" rose ALL the boats...yours too. You're no financial genius. You rode the river with everyone else. It was hard to LOSE this past 8 years. $10 trillion borrowed, helped keep the market up.

Whatever dude...any further response to your posts would just be a waste of keystrokes.

[Don Baldwin]

Whatever dude...any further response to your posts would just be a waste of keystrokes.

Yes it would...because you're ignorant and CHOOSE to remain ignorant...

The Fed, POMOs, QE...they had NOTHING to do with the rapid rise in the markets?

Google them...learn something...see how manipulated the financial system really is.

[autumnspring]

Interesting article all the way rhrough.

For most Americans, Dow 20,000 carries little benefit (https://apnews.com/b7fa6fbd18034351bb2f988b5696bd5c)

Sent from my SM-N910V using Tapatalk

That SIMPLISTIC line top 10% owns 80% of stocks is simply false.
If, you have a retirement plan a pension, a 401K, 403B etc your money is surely if it is a pension it is invested in the stock market. If, if it is a 401K, a 403B an IRA or a ROTH IRA it should be OR SHOULD HAVE BEEN in the stock market. Hindsight is always 20/20. Our government has been MANIPULATING our currency. Returns a 10 year treasury has been running less than 2% while stock market returns are running 10%. The choice has never been so clear. You pay a maximum of 15% on stock dividends. I pay 30% on bond dividends.

YOU SHOULD NEVER ENVY WHAT OTHERS DO BUT RATHER LEARN FROM IT-UNLESS OF COURSE YOU ARE A LIBERAL AND THINK OTHERS SHOULD PAY FOR YOU RATHER THAN YOU SHOULD EARN IT.

How the numbers work. Long terms stock market return is 7%. Thus, you money doubles every 10.5 years. Realize had you put 10,000 into the market at 18 and are now 65,
it would have doubled 4.5x 10000x2=20000x2=40000x2=80000x2=160000+80,000=2400 00.

[autumnspring]

They don't have any money!

That is NONSENSE. If, you are smart enough to work HARD spend less than you earn over time you can EARN, SAVE WITH THE MAGIC OF COMPOUNDING a shocking amount.

A very old rule of savings is to save 10% of every thing you earn. There is no shortage of people who earn 100,000 but spend 105,000. That might mean buying a smaller house a used car etc.

[autumnspring]

Oh? So Cardinal Health stock did well for you, even after those two court cases against them?

But seriously, the article seemed to indicate that only the rich made out with the jump in the DOW. The author acted like it did nothing for anyone else.

If, you are buying ONE STOCK you are not investing you are gambling. We all have gotten great stock tips from people we know. First of all, if they are high enough up on the feeding chain it is ILLEGAL-Martha Stewart went to jail for that one.
The CLINTONS on the other hand never get punished-LOOK UP WHITEWATER bribe paid to then governor bill clinton through Hillary.

[autumnspring]

The theme of the article seemed to indicate that the boom helped the top 90% mostly. The part that you are referring to, seemed to be a very minute figment of the article. But, you are correct there was that little tidbit of confidence.

""Any boom in the stock market is going to pass by the great majority of Americans," Wolff said."
"The Dow's 23 percent surge over the past year has benefited mostly investors who were already well-off."

And I found this little point to be interesting: "The proportion of Americans with retirement accounts actually declined slightly from 2010 to 2013 — from 50.4 percent to 49.2 percent."

I'm not disagreeing with the article. It just seemed to be mostly downplaying the stock market surge. And I may be looking at it wrong. I admit that.

All of these sorts of numbers are termed educated guesses. When, they state numbers as 50.4 to decline 49.2, it makes us BELIEVE there is great accuracy. Usually, the accuracy is within 2% thus is 50.2 is 2% high the real number is 49.19 and if the 49.2 number is 2% too low the real number is 50.18 so percentage in the stock market may have actually gone up.

In my opinion the manipulation of money by our government, particularly under OBAMA has led to the rise of the stock market. Long term history of Treasury bonds was that they pay 2% above the rate of inflation. You cannot trust government reported rate of inflation either.
Ronald Reagan took the price of housing and the cost of fuel out of the inflation numbers. He explained they were to volatile to calculate. IT IS NOT JUST DEMOCRATS THAT LIE TO US. At that time Housing and fuel were the highest areas of inflation-price rise. That is how Reagon reduced inflation. Today, if you don't count medical costs, food and education, there is no inflation same as Reagan spun it. INFLATION IS NOT ZERO-LONG TERM TREASURIES PAY 2%.
The old guide was you subtract your age from 100 and that is the percentage you should have in stocks 70-100=30%.

[autumnspring]

Most are probably like Joe Biden, who has stated that he has none.

Joe Biden's money would be in a blind trust so he would not know if he owns any stocks or not.

Joe Biden like the rest of them talks soooo much that often he seems stupid. I'm telling a tale about how he lives in the back woods and he after hearing noises went out with his trusty double barreled shotgun. He told us he fired the first shot into the air and the second shot where the noise was coming from. HOW SIMPLY STUPID. First you never shoot at something you can't see. It could have been his neighbor, a kid, a dog a.......... Also, with a double barreled shotgun having, accroding to him, fired a warning shot into the air and one in the direction of the sound-he was now out of ammunition.

[autumnspring]

The CBOE is a crazy place. And money to be made. I don't have enough risk tolerance to venture into that territory. But I know people who are 1 percenters because of it.

Sent from my SM-N910V using Tapatalk

Far too many people lie to themselves about their true rate of return. Lie may not be fair, often they simply do not really know what their real net rate of return is,

Like the people who bet on horses. They will tell you about the horses that won. They will not tell you or their family how far behind they truly are. Oh and on a big win the government takes their cut even before you can redeem your ticket.

[Don Baldwin]

Joe Biden's money would be in a blind trust so he would not know if he owns any stocks or not.

Joe Biden like the rest of them talks soooo much that often he seems stupid. I'm telling a tale about how he lives in the back woods and he after hearing noises went out with his trusty double barreled shotgun. He told us he fired the first shot into the air and the second shot where the noise was coming from. HOW SIMPLY STUPID. First you never shoot at something you can't see. It could have been his neighbor, a kid, a dog a.......... Also, with a double barreled shotgun having, accroding to him, fired a warning shot into the air and one in the direction of the sound-he was now out of ammunition.

Politicians LIE...it's what they do. You're a fool to believe ONE WORD coming from their corrupt mouths. Those "stories" are just that...stories.

Far too many people lie to themselves about their true rate of return. Lie may not be fair, often they simply do not really know what their real net rate of return is,

Like the people who bet on horses. They will tell you about the horses that won. They will not tell you or their family how far behind they truly are. Oh and on a big win the government takes their cut even before you can redeem your ticket.

Just like EVERYONE wins when they go to Vegas. Haven't talked to many who admit they lost. They'll brag about their "big win", forgetting to mention they gave it ALL back and more by the time they left.

People are delusional...intentional or not.

[dillywho]

Politicians LIE...it's what they do. You're a fool to believe ONE WORD coming from their corrupt mouths. Those "stories" are just that...stories.



Just like EVERYONE wins when they go to Vegas. Haven't talked to many who admit they lost. They'll brag about their "big win", forgetting to mention they gave it ALL back and more by the time they left.

People are delusional...intentional or not.

Nope. When I was working, several of us gals would save up over the year and take an annual trip to Vegas. I always went to Vegas with a set amount of money. If I spent it all, no problem. If I was lucky enough to come home with some, great. That was just a start on the next trip. We had no delusions of getting rich. We just wanted to have a good time with whatever we had to spend. Some had more. Some had less. That was ok, too.

To me, Vegas was my Disney World and a lot more fun. With Disney World, it's just spend spend spend. At least in Vegas, you have a chance to return with some of what you went with or some people, more.

[Don Baldwin]

Nope. When I was working, several of us gals would save up over the year and take an annual trip to Vegas. I always went to Vegas with a set amount of money. If I spent it all, no problem. If I was lucky enough to come home with some, great. That was just a start on the next trip. We had no delusions of getting rich. We just wanted to have a good time with whatever we had to spend. Some had more. Some had less. That was ok, too.

To me, Vegas was my Disney World and a lot more fun. With Disney World, it's just spend spend spend. At least in Vegas, you have a chance to return with some of what you went with or some people, more.

Or...as I guess is the TRUTH...you "gals" hooked up with some guys and had them pay for your bets and drinks...all for the low low price of an hour with your legs spread...which you probably enjoyed too.

Thereby saving significantly ensuring a nice start to saving for next year.

What happens in Vegas...stays in Vegas?

Close?

How do I know? I've done it too...gone to Vegas and hooked up with "gals" like you. A few drinks, some laughs at the craps table...and up to the room for a shower and sex.

[Chi-Town]

Or...as I guess is the TRUTH...you "gals" hooked up with some guys and had them pay for your bets and drinks...all for the low low price of an hour with your legs spread...which you probably enjoyed too.

Thereby saving significantly ensuring a nice start to saving for next year.

What happens in Vegas...stays in Vegas?

Close?

How do I know? I've done it too...gone to Vegas and hooked up with "gals" like you. A few drinks, some laughs at the craps table...and up to the room for a shower and sex.
I'll bet that shower was a golden moment for you.

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[dillywho]

Or...as I guess is the TRUTH...you "gals" hooked up with some guys and had them pay for your bets and drinks...all for the low low price of an hour with your legs spread...which you probably enjoyed too.

Thereby saving significantly ensuring a nice start to saving for next year.

What happens in Vegas...stays in Vegas?

Close?

How do I know? I've done it too...gone to Vegas and hooked up with "gals" like you. A few drinks, some laughs at the craps table...and up to the room for a shower and sex.

Not even close. We did not have to save our money to go there to, as you say, "hook up". We could have stayed home for that. Guess you don't know much about Vegas, any more than you know about women. Drinks are free in the casinos, but nice try. Unlike guys like you, women don't have sex on the brain 24/7.:popcorn: Or, as ole Ron White says, "You just can't fix stupid".

[AJ32162]

Not even close. We did not have to save our money to go there to, as you say, "hook up". We could have stayed home for that. Guess you don't know much about Vegas, any more than you know about women. Drinks are free in the casinos, but nice try. Unlike guys like you, women don't have sex on the brain 24/7.:popcorn: Or, as ole Ron White says, "You just can't fix stupid".

:agree:

[Don Baldwin]

Not even close. We did not have to save our money to go there to, as you say, "hook up". We could have stayed home for that. Guess you don't know much about Vegas, any more than you know about women. Drinks are free in the casinos, but nice try. Unlike guys like you, women don't have sex on the brain 24/7.:popcorn: Or, as ole Ron White says, "You just can't fix stupid".

My bet is...you don't enjoy sex because you're no good at it. PM me a picture...yes, I can afford to be picky, just like Trump...maybe I'll show you what you've been missing...a tongue isn't just for "stimulating" conversation. My sex drive is as strong as ever. How long has it been? Will I have to blow out the dust? Have you EVER had a good lover or have all your encounters been with a guy who just used you to get off? Just a pu$$y to pound? Kinda sounds like it or you WOULD have been "looking for fun" in Vegas.

And please...don't try to fool me with you're "I'm a good girl" BS. I've hooked up with too many "girls on vacation" to count. I knew girls who had contexts to see who got laid first by a hot guy. These were REGULAR "girl next door" girls. Acting just like the boys.

You women...the delusion NEVER ends does it? Do you EVER stop lying?

CHI - Urine is sterile...you want nasty? A little back door action? And I thought you were a proper lady...