Joe, care to talk about the stock market on "Your Watch"
- Thread starter Orangeclad
- Start date
What BS coming out of this white house re: stock market
Brandon promised economic stagnation in Democrat debates. Does anyone here believe the board's slowest may be starting to get Brandon's memo?
Biden sure pays attention when he wants to brag about it.
Clowns to the left of me, jokers to the right.
Steve Forbes tells me one simple announcement could start a turnaround. Keystone XL is back on. Then Alaska. Then the Gulf. If Biden doesn't address his inflationary tidal wave, I can see the DOW at 25,000.
Retirees like yours truly may never recover from the six figures beating we’ve taken.
You know, some not too many years behind him in age. Not wearing a diaper yet and not including pudding in our diets.
Our kids should be scared and angry too. They might have to stow Mom or Dad in the guest room.
You know, some not too many years behind him in age. Not wearing a diaper yet and not including pudding in our diets.
Our kids should be scared and angry too. They might have to stow Mom or Dad in the guest room.
I think their absence is VERY telling...however coming back to eat ALL the crow they would have to eat...I think they chose to "read only"! LOLOL
I bailed to the money market a year ago. I missed bailing in 2008.....not this time even though my advisor begged me not to.
Yeah. There is something about dishing it out, you better be able to take it when the shoe is on the other foot.
That shoe right now is straight up their asses. 😂
This about sums it all up guys...
Problem is that it was an AP piece reprint that sought to deflect the blame. It puts the blame on the war in Ukraine. No this is FJBs fault due to his war on oil. AND while there is no end in sight for the OIL crisis part of the economy are already in recession. Check out the clearance aisles where everything is heavily reduced and items are put there after only a couple of weeks. Then go look at milk,meat and eggs. Still inflated out the wazzoo.
I have picked up some nice tools and furniture for a steal of late. Stuff I would not buy otherwise. Feels good!
But every time I fill up my van or buy meat I feel like crap!
Should I buy a pricey freeze drier so I can put up food without requiring refrigeration? Will there be a food shortage?
I know November can not come soon enough but will it be enough to put FJB in a box, open the oil spigots and free us from this lunacy?
I am sure there will be food, but will you be able to afford to pay for it.
Nah, I look to do my own LTS. To do what I want would bankrupt me if I bought it all.
I was raised by parents that lived through the 1933 Depression Era. (see the 7-P's -- Prior-Proper-Planning-Prevents-Piss-Poor-Performance)
I've always been prepared. Lesser when I was young 45 years ago and getting started, but slowly over time, I have built up what I need to get by, for a year to start with, including a decent stock of non-hybrid seeds in nitrogen sealed cans.
With your long term food storage, you begin with a go-pack.
Then enough for your immediate family for a week, then a month.
Eventually you have enough for a year+, with long term plans all laid out.
Every year you use up 10-15% and then replace it in storage.
Tools and other supplies of that type need to be accumulated over time, unless you hit the lotto.
I'll buy a ticket occasionally for entertainment purposes, but I'd never stake my or my families future on a bet...
If the chit hits the fan, I won't be sharing my families survival. I'll instead be prepared to defend what I have from those that in their personal greed or stupidity, failed to do what was needed to be at least marginally prepared....
Worst case scenario, take a calculator and steal 999 dollars worth.
That might work in a Blue City/State, but in Florida you better be packin' & wearing your bullet-proof vest...
I was out of the markets for 18 months on the 2008 downturn. I bailed to cash 4 months ago. Most financial planners are trained to stay. Markets always come back. I'm buy and sell. Most advisors are trained to buy, hold and diversify.
