- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Winter Olympics
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: DJIA is 3.4% down on the day
Posted on 2/24/20 at 2:03 pm to NYNolaguy1
Posted on 2/24/20 at 2:03 pm to NYNolaguy1
quote:I'm within 1 year of retiring, so I'm a little cautious right now. I pulled a ton of money out of stocks on February 13 over concerns about production and supply networks being disrupted. I'll get back in, but I may wait a little longer to get a better idea of where the bottom is.
Anyone else buying?
0
Posted on 2/24/20 at 2:03 pm to YF12
quote:Where do you people come up with this bullshite that is so easily fact-checked with hard numbers in real time?
If you put in 100,000 dollars the day Donald Trump was elected you would have almost 200,000 dollars today
Your assertion is blatantly and transparently false.
Posted on 2/24/20 at 2:06 pm to ShortyRob
Thank you kind sir.
I was hoping to avoid cashing out and burying mason jars in the back yard.
My 401k was started in 1999 and has been growing at a healthy rate.
I was hoping to avoid cashing out and burying mason jars in the back yard.
My 401k was started in 1999 and has been growing at a healthy rate.
Posted on 2/24/20 at 2:15 pm to NYNolaguy1
Is CNN throwing a party over this like they usually do when the markets are down?
Posted on 2/24/20 at 2:18 pm to Pelican fan99
I'm sure they have the ticker up.
They only pull it out when it's bad news.
They only pull it out when it's bad news.
Posted on 2/24/20 at 2:27 pm to Big Scrub TX
Depends on what he is talking about buying into. Could easily be more than 50%. For example Dollar General has easily more than doubled in price over the past 4 years.
To the OP, seems like a buying opportunity to me.
Im a bit concerned about the short term (or possibly longer) effects we are going to see on our China dependence. A positive spin could if this is really bad as in China taking a dirt nap long run MADE IN USA will be on a serious uptick.
US manufacturing and our own exports demands may skyrocket. Long term there could be a lot of good with that. BS like this just goes to show you globalism dependence is just that...BS. I don't like the idea of us or our economy being dependent on a 2nd/3rd world communist country.
To the OP, seems like a buying opportunity to me.
Im a bit concerned about the short term (or possibly longer) effects we are going to see on our China dependence. A positive spin could if this is really bad as in China taking a dirt nap long run MADE IN USA will be on a serious uptick.
US manufacturing and our own exports demands may skyrocket. Long term there could be a lot of good with that. BS like this just goes to show you globalism dependence is just that...BS. I don't like the idea of us or our economy being dependent on a 2nd/3rd world communist country.
Posted on 2/24/20 at 2:32 pm to Big Scrub TX
quote:
Where do you people come up with this bullshite that is so easily fact-checked with hard numbers in real time?
Your assertion is blatantly and transparently false.
FAGOX has gone up by 42% and paid a dividend totaling over 12% since November 2016. Reinvested dividends pushing you about 8% higher
Retard
This post was edited on 2/24/20 at 2:33 pm
Posted on 2/24/20 at 2:34 pm to TigerBait1971
quote:
My only investments are my 401k, which I won't touch for at least 20 years.
If the Democrats ever get control of both houses and the Presidency, they’ll be touching your 401k before 20 years.
Posted on 2/24/20 at 2:36 pm to Boatshoes
quote:HODOR
Boatshoes
Posted on 2/24/20 at 2:39 pm to Stacker
quote:So you interpret his statement to mean to be applicable to literally any security...so we can just pick one that up 2X over those dates and ascribe it to Trump's election? Come on, man, don't be absurd. You could do that on any date relative to almost any other date in the preceding years at any point over the past 100 years. He obviously meant the DJIA -which the thread is explicitly about.
Depends on what he is talking about buying into. Could easily be more than 50%. For example Dollar General has easily more than doubled in price over the past 4 years.
quote:Sure.
To the OP, seems like a buying opportunity to me.
Posted on 2/24/20 at 2:40 pm to YF12
quote:checks out for you
FAGOX
quote:So now we're up to, what - 62%? In your little fake news world, is that "close to 100%"? You're a fricking idiot.
FAGOX has gone up by 42% and paid a dividend totaling over 12% since November 2016. Reinvested dividends pushing you about 8% higher
Posted on 2/24/20 at 2:45 pm to Big Scrub TX
quote:
So now we're up to, what - 62%? In your little fake news world, is that "close to 100%"? You're a fricking idiot.
On 100,000 dollars you would have made around 42,000 dollars without any dividneds
It paid around 40,000 dollars in dividends since the election and reinvesting them with the gain would have gotten you about 200,000 dollars in value
Its not this hard
This post was edited on 2/24/20 at 2:46 pm
Posted on 2/24/20 at 2:48 pm to AuburnTigers
quote:
So you interpret his statement to mean to be applicable to literally any security...so we can just pick one that up 2X over those dates and ascribe it to Trump's election? Come on, man, don't be absurd. You could do that on any date relative to almost any other date in the preceding years at any point over the past 100 years. He obviously meant the DJIA -which the thread is explicitly about.
Im not sure it was obvious that's what he meant...but if so you are correct.
Personally, I've never made this much $$$ in the market. And yes I do attribute that to the Trump administration in conjunction with the economy. My portfolio has nearly doubled.
Posted on 2/24/20 at 2:49 pm to YF12
quote:You need to clean up your language, then. You should "totaling" 12% instead of saying it was annual.
t paid around 40,000 dollars in dividends since the election
In any event, I love the fact that you picked a security that met your statement AFTER the fact. Why are we talking about growth stocks now instead of the DJIA?
Posted on 2/24/20 at 2:52 pm to Big Scrub TX
quote:
In any event, I love the fact that you picked a security that met your statement AFTER the fact. Why are we talking about growth stocks now instead of the DJIA?
FAGOX is a random index fund I happen to have a large amount of that has been in existence almost since Fidelity themselves
There is nothing random about it
Its only good because for years paper copies were lost and you can fudge a couple tens of thousands dollars off the basis
Last I checked there was almost 70 billion dollars still in it
Posted on 2/24/20 at 2:55 pm to NYNolaguy1
yep
Posted on 2/24/20 at 2:56 pm to LuckyTiger
Supply chain interruptions are for real, and probably aren't fully reflected yet. Otherwise, fundamentals in the US really haven't changed much, so no reason to panic.
It still makes you sigh to see 401K balance likely dip 20 grand in a day like I expect.
It still makes you sigh to see 401K balance likely dip 20 grand in a day like I expect.
Posted on 2/24/20 at 2:56 pm to YF12
quote:It's random in that - in a thread explicitly linked to the DJIA - you mysteriously asserted one would be up 2X on their money since November 2016...only to AFTER THE FACT clarify you meant a growth fund that nobody had ever mentioned and would never have thought of if you hadn't brought it up ex post facto.
There is nothing random about it
Your original statement could also just have been: "I can go cherry pick a security that is up 2X since November 2016 and then ascribe its movement to Trump".
Posted on 2/24/20 at 3:10 pm to Big Scrub TX
quote:
It's random in that - in a thread explicitly linked to the DJIA
The index fund I am talking about has everything to do with the DJIA
Its probably tracked more with S&P but it has stock in every single company listed on the Industrial.
People have made a significant amount of money the last 3 years
There is no doubt. Serious money.
Posted on 2/24/20 at 3:23 pm to Big Scrub TX
quote:Why are you always so angry? Are you not getting enough at home? Jeez...
You're a fricking idiot.
Page 2 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News