BOY THE STOCK MARKET....

DaSDGuy

Well-Known Member
I sure miss SMC & Choppy telling us how great the stock market was under Biden. Although I’m sure they would say this week’s gains are because of Biden’s economic policies.
They would be correct. Bidens policies destroyed the market, now they will go up because of the bright future we now have without him.
 

Hessian

Well-Known Member
Volatility...The last three weeks before the election were pretty dismal. On election day, investors got a sense as to where money will be made in the future AND those sitting out yet another Biden slump (4+ this year alone)...finally said BUY!
Hence the surge for Weds & Thursday....look at the graphs!

SO to make decent return and match the indices, one ought to PRACTICE reading the political shifts & policy implementation....AND look at when to buy the best dividend bearing stock using dollar cost averaging, AND do NOT take a hit for being loyal to a stock: Dump it like Kamala if it is trailing more than 4% below market behavior. Using this approach I've made about 17% this year.
(Or you can stick in a BoA checking account and make .001%)
 

phreddyp

Well-Known Member
Well folks although I appreciate the markets rise, I am still skeptical about the health of it long-term. I haven't changed any of my regular monthly purchases and have been buying Pfizer, but It appears to me that the market is priced to perfection. I have funds that I would like to put to work but I'm not ready to jump in at this moment, these funds are in short term Treasuries. If I can find a decent rental to purchase, I WILL spring for it though.
 

Hijinx

Well-Known Member
A club I belong to invested in one of these outfits that invest your funds for you in stock..
We were taking a beating and at the last meeting they were discussing taking the loss and getting out.
I told them to wait until after the election and we might have a come back.
 
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