Posted on 02/21/2015 5:24:49 AM PST by MeneMeneTekelUpharsin
Interesting how the really bad weather NOW makes the stock market go up instead of down? Seems that some years ago, I noticed the indexes would fall after a bad storm and the media would immediately report that the economy was affected by the weather. Also, some military action in some other part of the world affected stocks here. I mean, it almost to the point of where if Obama farts, the market goes up (or down).
Our sources of information have all been co-opted by the Devil. The general public has no clue to what degree the media has been lying to everyone. In fact, one can almost take what is reported, seek the opposite, and find the truth. For the government to come out and say that Right Wing Extremist groups, about which we hear almost nothing and from whom we have no action, are as bad or worse than ISIS, PROVES that someone has infiltrated government and the media for this type of lie to be propagated.
Whaaaaa......?
Buy and hold for the long haul. Don’t worry about the weather. Weather happens.
In six weeks, this winter weather will be a distant memory. Trees, gardens and lawns will be exploding with life. Frogs will be swimming. Birds will be singing. Bugs will be buzzing.
Our sources of information have all been co-opted by the Devil. The general public has no clue to what degree the media has been lying to everyone. In fact, one can almost take what is reported, seek the opposite, and find the truth.
The lie is the weapon used most often by the criminal. Identify the criminal who is lying…from, "If you like your plan, you can keep your plan. Period."…to, the likes of Brian Williams.
"Everything about socialism is sham and affectation." 23.11 Ch23 Evil; Economic Harmonies; Frederic Bastiat
OK for those with lots of time before they retire - the rest are screwed. Those of us who took two hits are finally back to a little above where we were - low-interest savings prior to the dumps and maintained throughout would have been just as "effective".
Many think this latest "boom" is really good, and for those who got in after the last "crash" it probably seems that way. To lose 40%-50% twice in a few year period requires a really long "recovery" time and you don't end up much better than putting it in a mattress.
the market goes up or dow. The pundits, needing to demonstrate wisdom find whatever happened just before the markets went up or down,seize upon whatever happened in the previous 24 hours. If it seems related to stocks or politics it is best, but barring anything there they go for anything else that might have happened.
Not true at all. This may be your experience but then you may be getting some very bad financial advice... or not following good advice.
Fact: If you put everything you had in an S&P 500 index fund at its peak in Nov 2007 and held on for the next five years... you came out with an average annual return of 2.5%... FAR better than what cash would have given you. Since then.. even better.
Fact: The S&P 500 has averaged 9.2% over the last 20 years (despite two of the worst market periods ever). The average investor only realized about 2.5%. Why? The average investor tries to time the market and get out when it looks bad; gets back in when it looks safe again. If he'd just closed his eyes, he would have been far better off... even through the hard times.
Fact: Even the 20 years that ended at the bottom of the Fiscal Crisis in 2009 saw an average annual return of 7% on the S&P 500. It was still one of your best long-term investment options... even at the bottom of the second "hit".
Fact: There are managers who consistently beat their benchmarks (including the S&P 500) so their investors actually did better than these numbers. As a general rule, I am not a fan of index investing... but it still beats a lot of alternatives.
And ignorant POS libtards will still be pissing and moaning about something...
How true.
Your from the Boston area right?
We’ll be looking at snow on the ground come May....
I am much less concerned about Wall Street than I am about the Government coercing Wall Street through legislation that creates Perverse Incentives
It is the same coin, different side as Wall Streeters going to DC and lobbying for special laws and regulations to help them and to make it harder for their competitors (rent seeking).
They helped open the door to that kind of government power
Yes, but in a free market, the invisible hand guides us to best price, highest quality, best returns, most ethical. Government coercion is the greatest threat...so says Adam Smith (Wealth of Nations) and Frederic Bastiat (many writings)
Corporations buying politicians and having special laws to defeat competition is not “free market”. They are just as guilty as the politicians.
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