Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#61
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Wife and I have been in cash bonds from when we retired 24 years ago. Didn't want to spend our retirement sweating on something we had no control over. Most are small (now, very small) interest rate, plus inflation, and whilst not making us any wealthier, they have kept us and our savings safe from market fluctuations. So we can budget and spend pretty much knowing what our bottom line is. Stay well. Don't cough in the supermarket! |
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#62
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#63
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Hmmm
Symbol Price Change % Chg
^DJI 24,633.86 532.31 2.21% ^IXIC 8,914.71 306.98 3.57% ^GSPC 2,939.51 76.12 2.66% |
#64
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I guess the Fed will not have to add buying stocks to its mandate now.
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#65
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Hmmmm
The Dow is now at 27,930.
The NASDAQ and S&P have set new records. NASDAQ 11,311 S&P 3,397 CDs and fixed investments nearing zero. |
#66
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Now let's all try to guess the next dip.
__________________
Identifying as Mr. Helpful |
#67
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According my barber it will be the first Thursday after the first Friday of a month to be determined
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#68
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It's pretty baffling as to what (other than greed and those who think they're smart enough to bail just in time) on what is driving the markets right now. It's a completely different situation than 2008, but eerily similar to 1987. I hope I'm wrong though.
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#69
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National debt and Federal Reserve balance sheet also reached records today, I wonder if that has anything to do with stock market?
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#70
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I had a college professor/CPA mentor and friend who passed just a few years ago. Boy howdy could I use his advice now. Bottom line as I see it is to remain diversified and stay the course similar to what we needed to do during the last stock market crash.
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Most people are as happy as they make up their mind to be. Abraham Lincoln |
#71
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High interest everything disappeared...left the markets as the only place your money had a chance, especially S&P because of the technology stocks. Just a thought. |
#72
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#73
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U.S. National Debt Clock : Real Time |
#74
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The market has been inflated and fake for the past couple of years because so much of the money from corporate tax breaks was spent on stock buybacks.
CEOs love stock buybacks because their compensation is tied to share price. But did the regular workers get raises? Were more good jobs created? Now the market continues to climb. Why? Well, my guess is that buybacks are continuing. But also with the interest rate on CDs at almost zero, investors are turning to — or staying in — the market. But it is naive to believe this climbing market can be in any way touted as a strong economy. |
#75
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Exactly.
__________________
Identifying as Mr. Helpful |
Closed Thread |
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