BOY THE STOCK MARKET....

Kyle

Beloved Misanthrope
PREMO Member

Golden Touch? Pelosi's Stock Portfolio Explodes 71 Percent in 2024, Beats Stock Index by 200 Percent




In this episode of "Try to Control Your Shock and Amazement"...

Former Speaker Nancy Pelosi has long been criticized for her seemingly uncanny ability to grow her investment portfolio at dizzyingly high rates of return. Pelosi and her husband Paul Pelosi have a combined net worth of nearly $250 million. In 2024, they managed to beat the S&P 500 stock index by 200 percent.

According to financial data platform Unusual Whales’ 2024 Congress Trading Report, the Pelosi portfolio grew 70.9 percent between December 29, 2023, and December 30, 2024, beating the S&P 500 stock index by nearly 200 percent in 2024 and continuing their year-over-year streak of outperforming the index.

The Pelosis' 2024 results exceeded their impressive 2023 performance of 65.5 percent, outperforming that year’s S&P 500 return of 24.8 percent by roughly 164 percent.
She’s such a clever girl.
 

Hessian

Well-Known Member
So...is it the Tariff uncertainty or the gutting of Billions of $$ from bloated budgets that is setting off this slump this time?
FOUR weeks of misery.
 

stgislander

Well-Known Member
PREMO Member
So...is it the Tariff uncertainty or the gutting of Billions of $$ from bloated budgets that is setting off this slump this time?
FOUR weeks of misery.
As Howard Lutnick said on Special Report last night, Wall Street only worries about its bottom line. What's best for America comes second.
 

Czar

Well-Known Member
Market goes down, keep buying. Market goes up, keep buying. Repeat for 30 plus years. Adjust you investments age accordingly.
 

phreddyp

Well-Known Member
As Howard Lutnick said on Special Report last night, Wall Street only worries about its bottom line. What's best for America comes second.
Of course they do, and that is exactly why people invest in stocks, what a F*CKIN surprise. The stock market has done more to advance the USA than any person has.
 

Hessian

Well-Known Member
Lay-offs mean a TRIPLE gut punch:
A) weekly IRA payments stop flowing into the market.
B) People begin early withdrawals OR start tapping Bank reserves (which have invested in the market)
C) Companies shift assets away from government funded enterprises (the golden goose get throttled)

Maybe someone could explain further levels like the Bond market...or securities. I can't connect the dots on those.

**I am NOT advocating we reverse course and keep inflating our bloated government,...I just would like to see alternatives that will add confidence to consumers/investors.
 

Czar

Well-Known Member
Long term, is less government borrowing, spending, good for the market?

What happens to the market if we continue down the path of reckless borrowing?
 

Hessian

Well-Known Member
Looked at the DOW over the past year: 6 tumbles,...and 4-6 weeks of recovery. That seems to be too jittery to me.
I know wiser investors advise placing a good portion into moderate yield bond funds...but ugh: it can't even match inflation!!
 

phreddyp

Well-Known Member
Looked at the DOW over the past year: 6 tumbles,...and 4-6 weeks of recovery. That seems to be too jittery to me.
I know wiser investors advise placing a good portion into moderate yield bond funds...but ugh: it can't even match inflation!!
Corrections are good, crashes are even better!
1. Correction you can buy stocks at a 10% discount.
2. Recession you can buy at an even bigger discount.
3. Recession great time to do conversions to your Roth IRA.
3.Short term T-Bills good place to park money when in doubt no state income taxes to pay while you wait.
 

PeoplesElbow

Well-Known Member
Looked at the DOW over the past year: 6 tumbles,...and 4-6 weeks of recovery. That seems to be too jittery to me.
I know wiser investors advise placing a good portion into moderate yield bond funds...but ugh: it can't even match inflation!!
The reason to invest in bonds isn't so much to match inflation but its because bonds often do the opposite as stocks, asset preservation.

Large institutional investors get spooked with stocks they have to put their money somewhere and bonds is one such place.
 

SamSpade

Well-Known Member
PREMO Member
Long term, is less government borrowing, spending, good for the market?

What happens to the market if we continue down the path of reckless borrowing?
My completely unqualifed opinion - as I don't understand finances for anything - and is based solely on observation -

Government spending and borrowing is like having sugar before sports - it's great in the VERY short term and really only if you're fairly fit.
Have a piece of sugar before a quick dash, but not for a long ball game.

It's fairly devastating as a long-term practice.
 

phreddyp

Well-Known Member
My completely unqualifed opinion - as I don't understand finances for anything - and is based solely on observation -

Government spending and borrowing is like having sugar before sports - it's great in the VERY short term and really only if you're fairly fit.
Have a piece of sugar before a quick dash, but not for a long ball game.

It's fairly devastating as a long-term practice.
Kinda like the difference between Government stimulus and a tax cut. Both have their uses.
 

Hessian

Well-Known Member
Well investors,...this is the largest drop since Covid 5 years ago.
Clearly it rests on fiscal policy of the Federal government: Tariffs are not seen as opportunities but rather walls that destroy trade.
If I understand it clearly, a number of our trading partners have enjoyed beating up our trade (ie Canada) with high tariffs for years on MANY products...and when finally examined, we have had enough: Threaten & follow up with a revising of OUR tariffs.

Panic sets in. Instead of seeking NEW partners in Asia, SO America & Africa...the markets scream that the sky is falling and now we're down over 10% in just two weeks.

How long will it take to turn this ugly sh*tshow around? 6 months? More?
Will the FED try to restore some purchasing in the market by lowering rates more?
Fortunately I put a pile of investment in a principle protected policy back in August 24...thus it hasn't lost a dime.
BUT
the other pile is exposed to the market and I can't even consider looking at it.
I am not ticked at DJT....but I think some outreach to other nations would have eased this situation...and NOT made it so chaotic.
 
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Sneakers

Just sneakin' around....
PREMO Member
My investments were a no-gain/no-loss for Jan-thru-end-of-Feb, but not expecting good news for March. It's going to take a while for the turn-around, couple of bad months ahead.
 

phreddyp

Well-Known Member
My investments were a no-gain/no-loss for Jan-thru-end-of-Feb, but not expecting good news for March. It's going to take a while for the turn-around, couple of bad months ahead.
Now is the time to pick a few stocks to buy at a discount. But it's not down enough for me yet.
 

phreddyp

Well-Known Member
I rekon there are some window ledges occupied by more than pigeons...
I bet most are leftists.

My way of thinking is this, this may be a good thing for the right. Get the recession in the 1st year of trumps term, them hopefully the markets will bounce back and we will have a strong economy his 3rd and 4th year. Which will help elect another republican POTUS and congress.

If the leftists could think this far ahead they should be shitting themselves instead of cheering the market drop at this particular time!
 
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