Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: E. Pluribus Unum

> EOY = 3 days???

Yes, i am thinking only a few days in advance at this moment because i think beyond that, there are too many variables, and i would want to pull back and be very conservative after the new year. this is only for my ira accounts (in which there is evidently no penalty for short term investing— please feel free to correct me if i am wrong on this).

(however, if anyone has a better idea with some supporting arguments i would be interested)


15 posted on 12/28/2020 7:16:55 PM PST by SteveH
[ Post Reply | Private Reply | To 2 | View Replies ]


To: SteveH

IRA accounts have no short-term/long-term gains to worry about because they are tax-free.


18 posted on 12/28/2020 7:18:27 PM PST by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
[ Post Reply | Private Reply | To 15 | View Replies ]

To: SteveH

“and i would want to pull back and be very conservative after the new year. this is only for my ira accounts (in which there is evidently no penalty for short term investing”

3 days is a crap shoot not short term “investing”.

Short term “investing” usually means you don’t want to lose what you have which means sell everything and go to cash.

As to what’s going to happen after the first and if or when the Biden puppet takes over, don’t bet against the market. There’ll probably be stimuli up the wazu, and most of that money eventually ends up in the stock market, which is a type of inflation, and which is why bitcoin has gone totally nuts.

Have you not noticed that every time a stimulus passes the market goes crazy?

The other thing is that most of the big money in wall street donated/voted for Biden. They will for sure be some of the puppet masters, and they are not into losing money.

If there was going to be a “Biden crash” it would have already happened. The market is forward looking.


38 posted on 12/28/2020 9:13:59 PM PST by aquila48 (Do not let them make you care! Guilting you is how they control you. )
[ Post Reply | Private Reply | To 15 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson