When the market is down the week before an election....

[Dougw1515]

Market was down overall and 9 of the 10 days leading into the '16 election. Heard the same bullshit then.

LOL... There were no incumbents in the 2016 election!

 

[gambler]

Market was down overall and 9 of the 10 days leading into the '16 election. Heard the same bullshit then.

LOL... There were no incumbents in the 2016 election!

hahahaha !

 

[Axxe55]

LOL... There were no incumbents in the 2016 election!

That's because they were helping Hillary, so no one heard about the Russians until Trump won the election!

 

[kbaxter60]

I lost track!

Yes, it appears so.
Hint: it's the pandemic. Who could have predicted this MASSIVE SURGE right before a major election?

 

[Dougw1515]

Yes, it appears so.
Hint: it's the pandemic. Who could have predicted this MASSIVE SURGE right before a major election?
View attachment 232417

One thing about them leftist. If they're nothing else they are predictable! I got an email from Ronnie Milsap saying he saw this coming!

 

[Axxe55]

One thing about them leftist. If they're nothing else they are predictable! I got an email from Ronnie Milsap saying he saw this coming!

I got one from Stevie Wonder!

 

[gambler]

I got one from Stevie Wonder!

Can you provide any proof or documentation that it was really from Stevie Wonder ?

 

[dennisz]

I would count more one the odds Las Vegas puts on this election.

Vegas has the odds a 33/20 against Trump, but in 2016, they were much higher against him

 

[Axxe55]

Can you provide any proof or documentation that it was really from Stevie Wonder ?

Give me one good reason I should. It's not like you do!

 

[Dougw1515]

Give me one good reason I should. It's not like you do!

But Dude... you're supposed to set the shinning example for the rest of us to follow!!!!

 

[Axxe55]

But Dude... you're supposed to set the shinning example for the rest of us to follow!!!!

Please don't set me up as being an example for anyone. I don't lead people anymore, and I damn sure don't follow anyone either.

I just go along doing my own thing in life. What other people do is their own business.

 

[Coop45]

Yawn, see you Wednesday.

 

[Axxe55]

Best stock tips I ever got were, buy low and sell high, and never invest money you can't afford to lose.

Worked wonders for me.

 

[gambler]

WOW.........

 

[WT_Foxtrot]

LOL... There were no incumbents in the 2016 election!

BUT it's the same situation......Hillary was the winner and without question taking the White House per every poll and every major news source out there. She was part of the previous admin and just an extension of Obama.

 

[toddnjoyce]

I moved my 401K the first of October into a managed account. They have another month to show improvement or I take control of it back.

There are three reasons for managed money accounts; they are that you do not have the
1. Time to manage your own account(s)
2. Motivation to do the work to make sure your goals are achieved
3. Knowledge to achieve your goals.

Managed money, even in a custom account isn’t for month-to-month performance, it’s for long term goal attainment/maintenance. By long term, I mean 5 to 30 years.

I would suggest if your advisor/wealth manager/planner and you haven’t come to terms on how your goals are going to met and maintained, then it’s a conversation that needs to be had.

Also, it is a common feature of managed money accounts to have penalty fees for termination of the relationship within the first year or two. These fees can be substantial, so take the time to read your contract before making any decisions. Some firms don’t make the juice worth the squeeze.

 

[gambler]

There are three reasons for managed money accounts; they are that you do not have the
1. Time to manage your own account(s)
2. Motivation to do the work to make sure your goals are achieved
3. Knowledge to achieve your goals.

Managed money, even in a custom account isn’t for month-to-month performance, it’s for long term goal attainment/maintenance. By long term, I mean 5 to 30 years.

I would suggest if your advisor/wealth manager/planner and you haven’t come to terms on how your goals are going to met and maintained, then it’s a conversation that needs to be had.

Also, it is a common feature of managed money accounts to have penalty fees for termination of the relationship within the first year or two. These fees can be substantial, so take the time to read your contract before making any decisions. Some firms don’t make the juice worth the squeeze.

Take control of your own finances and put all of your stock market money in the Vanguard S&P 500 Index or Vanguard Total Market Index funds. Then.....leave them there.