Stock market

Damn......more records.  LOL

Is there anybody who doesn't have money in the stock market that feels like explaining why?  It's inconceivable to me that everyone, no matter how small of an amount, isn't invested in some way.  

The last time I rebalanced was just before the last election.....and it probably cost me 100 grand or more.  I didn't know what the markets where going to do if Trump was elected so I sat out.  By the time I figured I better get back in I had missed a 6-10% gain.

I likely will again before this next election.....because I guess I haven't learned a damn thing....but I'm very close to retirement now and I've made so much the last 3 years, and to be fair, in the 8 years prior, that I don't need more to see my retirement plans through.....I just need a couple more years of work so I can get 3 kids out of college and on their own.

I agree that it's hard to get in when the market looks like it's topping out....but there was no choice as far as I'm concerned.  And in the Obama years, when the Fed was basically promising you it would not let the market go into a bear cycle, you had to either be uninformed, insane, or just plain stupid not to invest in it.

In short, from what I can see and read, this Bull market has a ways to run......but I agree that it's troubling that interest rates are this low still....not much room for the Fed to add protections if needed.  I don't know when, but soon I'm going to take a break.  I have enough and I've never been greedy.  My retirement plan doesn't require more than a few fishing poles and a boat. 

I also don't trust the Democrats to not do something to try to wreak havoc on the markets and economy in general.  They can't find any other way to stop Trump and they seem more and more desperate.  They have been led down a rat hole by their current leaders.  I don't know what will come out the other end, but I doubt it'll bear any resemblance to the Dem party I used to know.

CNN always has the funniest articles on the stock market and economy in general.  It appears that nobody from that network can actually think rationally so doom and gloom in always the headline.  This one is a classic.  You have to read until the end to get the real "advice" on how you should handle this terrible crisis/calamity.

https://www.cnn.com/2020/02/28/perspectives/coronavirus-federal-reserve-rate-cuts/index.html

Dude.....CNN hasn't called a single thing since Trump was elected President.  LMAO

That might be the view from Arizona......but in the midwest and battle ground (coal) states, no.....we aren't buying that at all.  In fact, we don't care one bit what liberals think about anything.  LOL

It's 8 full months before the election and you think it's a whole new ballgame because you watched democrats vote??  Look, I don't blame you for trying to find some light at the end of your dark tunnel.....but you've got quite a ways to go yet with the 80 year old tough guy.

The left never understood why the markets responded so well to President Trump......nobody expects them to understand that the current situation has nothing to do with the economy as a whole.  To call this a "bear market".....as some Liberal sources are starting to do, is to show a complete misunderstanding of the term. (but it is useful to keep the lemmings and twitter users in line)

This too shall pass.......I sure wish I had some extra cash to invest right about now.

I don't know.....I'm 60 this year with an AFIB heart condition.  This is likely the end of the road.  LMAO