Anyone else preparing for a big selloff?

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  #241  
Old 03-17-2025, 03:12 PM
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Not today....................when will the next prediction be??
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  #242  
Old 03-17-2025, 03:30 PM
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Originally Posted by dewilson58 View Post
Not today....................when will the next prediction be??
April 1st
  #243  
Old 03-17-2025, 03:38 PM
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Originally Posted by kingofbeer View Post
Oh market timing. That always works!
Works pretty good, if you're not thick headed or greedy.
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  #244  
Old 03-17-2025, 03:52 PM
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Originally Posted by Pballer View Post
Sure seems random to me.

The salaries of federal workers makes up less than 5% of the federal budget. If you want to save real money, you need to look at Medicaid, Medicare and Social Security benefits.
When you're shooting for a big change you've got to take some chances and make mistakes. "Break things and fix em fast".

I think the big waste, and fraud, will be medicare, medicare and DOD. My guess is DOD is the biggest and most shocking.

I don't think it matters what the percentages of the budget are, the people in the federal government are facilitating the waste, got to get rid of most of them.
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  #245  
Old 03-18-2025, 03:15 PM
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Originally Posted by LeRoySmith View Post
When you're shooting for a big change you've got to take some chances and make mistakes. "Break things and fix em fast".

I think the big waste, and fraud, will be medicare, medicare and DOD. My guess is DOD is the biggest and most shocking.

I don't think it matters what the percentages of the budget are, the people in the federal government are facilitating the waste, got to get rid of most of them.
I predict that DOD will be cut a minimum amount. The top 1% have a lot of $ in the military.
  #246  
Old 03-18-2025, 03:37 PM
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Originally Posted by kingofbeer View Post
Manufacturing companies left the US because they where not making enough profits. End of story.
Yes but, by NOT making our our manufactured goods, that benefits the upper 1% and hurts the rest of us.We need the technology in case of a war.
  #247  
Old 03-18-2025, 03:39 PM
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Originally Posted by JRcorvette View Post
If you have a lot of cash when would it be a good time to buy back in???
At the lowest point.
  #248  
Old 03-18-2025, 03:42 PM
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Originally Posted by LeRoySmith View Post
Vanguard cash Plus account. I'm not concerned about the random slashing and hacking, in fact I think it needs done.
The stock market disagrees.
  #249  
Old 03-18-2025, 07:07 PM
Jack58033 Jack58033 is offline
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Who needs charts! Remember the USFL. Six times bankrupt including a casino. Which direction you think were going?
  #250  
Old 03-18-2025, 07:42 PM
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Anyone who takes risks in business will have bankruptcies... It's not unusual at all.

Of course becoming as billionaire, several times over IS quite rare...
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  #251  
Old 03-31-2025, 12:28 PM
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Anyone else enjoying the ride? Up and down, up and down...
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Last edited by manaboutown; 03-31-2025 at 12:52 PM.
  #252  
Old 04-03-2025, 03:09 PM
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The new tariff policy is already being successful in lowering prices - stock prices.
  #253  
Old 04-03-2025, 05:40 PM
eyc234 eyc234 is offline
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How is everyone's 401/ROTH doing?
  #254  
Old 04-03-2025, 05:42 PM
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Quote:
Originally Posted by Pballer View Post
The new tariff policy is already being successful in lowering prices - stock prices.
The top 10% of Americans held 93% of all stocks, the highest level ever recorded.
Meanwhile, the bottom 50% of Americans held just 1% of all stocks in the third quarter of 2023.

The wealthiest 10% of Americans own 93% of stocks even with market participation at a record high
Something has to be done about the massive trade and goverment budget deficits. Do you have a better idea?
  #255  
Old 04-03-2025, 05:47 PM
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Jan 19 DJI close 43487
Apr 3 DJI close 40545
delta - 6.7%
My Money Market account same period +1.1%
Can anyone hear the fat lady singing yet ? I better check the batteries in my hearing aides.

Last edited by rustyp; 04-03-2025 at 05:54 PM.
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