General Discussion

belcffub

(595 posts)

13. exactly...

Fri Jun 24, 2016, 11:57 PM

Jun 2016

stocks and people are weird... there is no other thing that most people want to buy high and sell low... then buy back when its high again... complaining all the while...

have a plan... ride the waves and make adjustments along the way... my grandparents were both orphans... they graduated high school after they retired... they were working class never making much but retired millionaires...

my dad did graduate high school but never attended college... he'll retire in about five years and is also a millionaire... he didn't get a penny of that from my grandparents... just in the last 5-10 years having saved and invested enough to get there... my grandmothers still around though in her final years in the end stages of Alzheimers... money can't buy everything but it does get you into a nicer place to deal with that...

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Highlight:

800 Billion evaporated from our economy today and [View all] onecaliberal Jun 2016 OP

But people that held dollars that need to convert them to Pounds... scscholar Jun 2016 #1

I wonder how many retirements went up in smoke, and how many 401 plans took onecaliberal Jun 2016 #2

It's only gone on paper. With the drop in value Press Virginia Jun 2016 #3

This message was self-deleted by its author onecaliberal Jun 2016 #4

You have to re-balance your portfolio as you near reitrement Yavin4 Jun 2016 #16

Smart people do that. Press Virginia Jun 2016 #18

There's also a $600 billion made on the other side scscholar Jun 2016 #7

um yeah... 800 billion is gone belcffub Jun 2016 #9

"If you liked that stock at $20.... A HERETIC I AM Jun 2016 #11

exactly... belcffub Jun 2016 #13

you shouldnt gamble on markets. I have no sympathy and expect it will come back swiftly swhisper1 Jun 2016 #5

No one is gambling, peoples fucking retirement funds are invested through employers onecaliberal Jun 2016 #17

they just have to wait for it to return. I cashed mine in last week seeing this storm coming swhisper1 Jun 2016 #20

Not only tRump. Quite a few on this board go "meh", based on the tone of their posts. BlueCaliDem Jun 2016 #6

IF 800,000,000,000 "evaporated", it NEVER EXISTED. cherokeeprogressive Jun 2016 #8

Thanks, I was trying to think of how to say that, but you said it. (nt) enough Jun 2016 #10

Ya, seconded Hydra Jun 2016 #12

Trump was busy fighting over who invented golf, he got his ass kicked. Rex Jun 2016 #14

Some are so confused over investing yeoman6987 Jun 2016 #15

As the Dow drops to where it was edhopper Jun 2016 #19