BOY THE STOCK MARKET....

BOP

BOP

Well-Known Member
GURPS said:

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.
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DOGE needs to investigate Congress.
 
PeoplesElbow

PeoplesElbow

Well-Known Member
LightRoasted said:
For your consideration ...


All this means is that those American-in-name-only corporations that offshored their manufacturing will be taking a hit in the stock market, as they should. Until the time they start manufacturing back in the US. This is Trump's goal.
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Unfortunately I wouldn't bank on it, they will just wait out political winds because they change so often.
 
Hessian

Hessian

Well-Known Member
Friday's "recovery" was likely because the shut down fizzled. So...are we going to see some stabilization? maybe another notch in the FED rate? I know 30 yr & 20 yr mortgages are heading down...that should boost the economy a little.
I am just a little bummed I lost the equivalent of my annual salary in under 3 weeks....probably will take 3-5 months to recover.
 
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BOP

BOP

Well-Known Member
Hessian said:
Friday's "recovery" was likely because the shut down fizzled. So...are we going to see some stabilization? maybe another notch in the FED rate? I know 30 yr & 20 yr mortgages are heading down...that should boost the economy a little.
I am just a little bummed I lost the equivalent of my annual salary in under 3 weeks....probably will take 3-5 months to recover.
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I thought I did badly when Brandon took office...I lost about a third of my annual salary when that happened. Of course most of my money is not in the market.

The stock market is just spending money. Over the last, I'm gonna say 5 years or so, I've about kept even. No big gains, no big losses. I did have an Amazon split....or was it Apple? I forget. It wasn't enough to make me do anything more than go "Cool." Not even an exclamation point.
 
C

Czar

Well-Known Member
herb749 said:
The market has been over inflated for some time.
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So true, at this point in my life I'm at 30 percent exposure in the market, but might go higher with prices dropping particularly in my roth.

I wonder what might happen if mortgage interest rates drop? Will those currently on the sidelines because they have a low rate suddenly decide to flood the market?
 
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Hessian

Hessian

Well-Known Member
Um...we just got hit almost as bad as March 2020.
This is the most severe drop in years. I am very glad I put 40% in a principle protected account back in September.
What is the reason for this massacre? Tariffs?...certainly NOT the middle east...gas prices are down...& some commodities are dropping for consumers (ie eggs, cheese etc) So what is going on? Everybody pissed the Fed isn't dropping? WHY?
I am about to do taxes and I may need to liquefy some stock to cover that as well as dental & consultant fees...NOT supposed to sell stock during a slump. Ugh. I am pissed.
 
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Kinnakeet

Kinnakeet

Well-Known Member
Hessian said:
Friday's "recovery" was likely because the shut down fizzled. So...are we going to see some stabilization? maybe another notch in the FED rate? I know 30 yr & 20 yr mortgages are heading down...that should boost the economy a little.
I am just a little bummed I lost the equivalent of my annual salary in under 3 weeks....probably will take 3-5 months to recover.
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I lost a bunch also I hope TRUMP's plan works out
 
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phreddyp

Well-Known Member
Kinnakeet said:
I lost a bunch also I hope TRUMP's plan works out
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Trump may be who it is blamed on that is true, however this market is friggin tired! Any event could send it into a tailspin in my opinion, plus I don't see any bargains to be had! My automatic investments are still intact, I did stop the DRIP's and started to collect cash to be put to work after a major correction or recession drop in the market value.
 
Kinnakeet

Kinnakeet

Well-Known Member
phreddyp said:
Trump may be who it is blamed on that is true, however this market is friggin tired! Any event could send it into a tailspin in my opinion, plus I don't see any bargains to be had! My automatic investments are still intact, I did stop the DRIP's and started to collect cash to be put to work after a major correction or recession drop in the market value.
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Im just letting it ride
 
PeoplesElbow

PeoplesElbow

Well-Known Member
herb749 said:
People are acting like this is like the 2009 crash. It did all come back for those who didn't panic.
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Great advise, so many people get freaked out and move their money out of stocks after a big loss, then is too late, and then don't get back in until they start going back up. In the mean time they lost out on some of the easiest gains they will get.

Timing the market involves lots of luck, I do it because well I am greedy, but I am still very careful about it.
 
Hijinx

Hijinx

Well-Known Member
PeoplesElbow said:
Great advise, so many people get freaked out and move their money out of stocks after a big loss, then is too late, and then don't get back in until they start going back up. In the mean time they lost out on some of the easiest gains they will get.

Timing the market involves lots of luck, I do it because well I am greedy, but I am still very careful about it.
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If we all only had Nancy Pelosi's insider trading we could all eat ice cream and have a huge refrigerator.
 
Kinnakeet

Kinnakeet

Well-Known Member
PeoplesElbow said:
Great advise, so many people get freaked out and move their money out of stocks after a big loss, then is too late, and then don't get back in until they start going back up. In the mean time they lost out on some of the easiest gains they will get.

Timing the market involves lots of luck, I do it because well I am greedy, but I am still very careful about it.
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Even when its down your buying shares? at low prices and more of it is what I was told
 
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phreddyp

Well-Known Member
Kinnakeet said:
Even when its down your buying shares? at low prices and more of it is what I was told
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Damn right! Buying when shares have cratered has been a great boost to my bottom line, in fact I've made much more money off of stocks than I ever made in income in my whole lifetime, and they are capital gains with favorable tax treatment. Usually, the 1st couple of moves after a major correction are pretty large 15 to 20 percent up, then off to the races again.
 
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