BOY THE STOCK MARKET....

Kinnakeet

Well-Known Member
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.
My adviser said I was correct they buy a lot when down and I will make much money when the market goes green
 

Hessian

Well-Known Member
I'll make the call:
We have actually been in RECESSION since the middle of December with evidence going back to September '24 (Every major indices is below where it was in mid September)

Look at all the major indices...and watch the Carter 'Malaise' kick in.
 

Hessian

Well-Known Member
1744109216170.jpeg
 

Hijinx

Well-Known Member
As I am reading this morning, many nations are trying to get an audience with us to talk about Trumps tariff's. It seems most of them are starting to realize that unfair tariffs against the US is coming to an end. Perhaps this news should help the stock market a bit.
 

phreddyp

Well-Known Member
As I am reading this morning, many nations are trying to get an audience with us to talk about Trumps tariff's. It seems most of them are starting to realize that unfair tariffs against the US is coming to an end. Perhaps this news should help the stock market a bit.
There are a lot of folks shitting themselves in the EU right about now!
 

Sneakers

Just sneakin' around....
PREMO Member
Just read where the stocks are doing better today because Japan is now in negotiations regrading tariffs and Wall Street is encouraged by that.
 
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Sneakers

Just sneakin' around....
PREMO Member
Just got my statement for March. Down $25k, expecting worse. Hoping we make up the recent (April) losses by the end of April.
 
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itsbob

I bowl overhand

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.
I have some money in Robin Hood, managed by AutoPilot. It tracks Pelosi's investments, and invests my money the same as hers. Have taken a hit, this past few weeks, but have several stocks still making positive gains.

First weekend I was on Autolipt got a 5% gain.. three days, 5%.
 

itsbob

I bowl overhand
Want to see Germany crap their pants? Pull our military out and forward deploy them to Poland.
We pretty much already have. All the places I was stationed in Germany have been sold back to Germany, or been torn down.
 
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Hessian

Well-Known Member
Just got my statement for March. Down $25k, expecting worse. Hoping we make up the recent (April) losses by the end of April.
However much I would like to see that...I do NOT expect an April recovery. The losses sustained will be on the books all the way to October.
 
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