Impeachment & the Stock Market
- Thread starter TPD
- Start date
Using stink bait for the bottom feeder huh?
TPD
the poor dad
What was the clue?
GWguy
*
Just got a call from my IRA manager. 15% growth in my account, and I'm not using an aggressive profile.My reading on this is that I want an impeachment hearing once or twice a week. Dow was up on Wednesday during hearing. Dow is up again today during hearing. 3 more days of hearings next week means I can retire this year!
You cant manage your own IRA?Just got a call from my IRA manager. 15% growth in my account, and I'm not using an aggressive profile.
TSP 25% (C) and 22% (S) YTD
transporter
Well-Known Member
You do understand that we are barely above the highs of last September, right? You do remember that we lost almost 20% in the 4th quarter of last year, right?
Dow closed at 26,743 on 9-21-18. Today's close represents a gain of 4.7% over 14 months. Annualized, that is a whopping 4%.
You also do realize that a move from 28k to 29k is a gain of 3.57%?
You understand all that right? (no you obviously don't)
transporter
Well-Known Member
Oh man...that is really dumb...you likely lost a lot more last year than GW Guy. He recovered more quickly and if both your accounts started with the same amount of money, he may very well have more dollars than you do.