Posted on 04/05/2025 4:56:28 PM PDT by E. Pluribus Unum
I asked the moderator to remove it. WTF more do you want?
https://freerepublic.com/focus/f-bloggers/4309107/posts?page=18#18
I’m sorry. I got carried away.
PEs have been out of whack for long time. A correction was needed, a big correction. How many years has USG pumped $1T every 100 days into the economy.
I’m 70yo, as a young man w all my skin in the game, I saw Black Monday Oct 1987 live on TV. It wasn’t fun seeing DJIA drop 25% in a single session. By mid-88 the recovery was back and the country was better off.
I’m still in the market, to a lesser degree than 87’, just a cowboy riding the tiger. In 87’, the weak kneed sold and never came back. The smart held knowing the bottom was near. Quick corrections are always better.
I’m not happy seeing my 401K n Trad IRAs shrink. but I voted for this w my eyes wide open n with the knowledge that these ‘times’ are for my children and grandchildren.
I know someone who is completely wiped out by the stock market sell off. Its so sad to see, a PDJT supporter, hope it comes back soon.
Unless they sold they were not "wiped out."
The market goes up and down. It's still up 3% from this time last year. It went up 20% since then. It was due for a correction. Anybody who thinks the market is always supposed to go up probably subscribes to the buy high/sell low investment strategy.
Over time the market always trends higher. He'll be fine if he doesn't panic sell.
Thats a much better way to look at it, thanks.
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