was this due to the Gamestop activity?
They are blaming it more on a Reddit investing group messing with short sellers.
I suggest shifting major portfolio amounts into copper, lead, tool steel, and range time. Home power generation, meat preservation skills, and maybe how to make shine.
Better to have these things and not need them than to need them and not have them.
Also learn ham radio skills, and get some gear.
And yet the media was barely mentioning it. When the real President was at the helm and the stock market took a slight dip, it was hair on fire!
And wait till they screw with the market tomorrow as the villagers with pitchforks double down against the hedge funds.
So far, the capitol has been taken over briefly. Cheney is 30 points behind her primary challenger. Rubio is getting primaried by a Trump kid. McCarthy is going to meet with Trump. McConnell backtracked on impeachment. Pipeline workers are on TV about losing their jobs. People are finding workarounds for the social media censorship.
Hedge funds are getting sodomized by angry small investors who aren’t even following sound investing strategies, they are just trying to destroy the funds.
Barstool Sports is jumping in now. DC is hiding behind a wall and razor wire and soldiers.
The nation is moving straight into open revolt.
The “elites” had better wake up and take notice of this very real tectonic shift.
And to think I’m just 6 months
shy of retirement. Instead of
burgers, dogs, and an occasional
ribeye, oatmeal and pasta. Dang,
I almost made it.
bookmark
Hello sky high energy costs, hello domination by China, Joe’s paymaster, hello rampant crime and urban decay, hello sky-high interest rates. Jimmuh! You’re back!
Burn, Baby, burn.
My broker once called me up and asked me if I had made
money on my trades. Yes on the plunge and yes on the
bounce was the answer.
Only $3,000 a year is allowed for a capitol loss per individual.
Cry hedge funds, cry.
Wha do they care? No matter what they win.
sky high unemployment is what they want, because then more folks depnedent on govt, controlled.
They dont need no damn market, nor even good climate.
They are dunk on blood and power. The swamp is furious, the Obama narcissist cult is furious, feels desecrated in its state as a servant and not a master.
God is bring the confusion and schizophrenia to a level of critical mass in society.
All tribes have a form of social equivalent of mental disorder, most of which are survivable, except shizophrenia. The Incas were thought to have succumbed to it with apersonal human sacrifices unhinged and what not. It reminds me of the Mel Gibson movie Apocalypse.
I’m buying Game Stop stock.
I went back to gun stocks and cash out of the system the minute I knew Trump was done.
Unimproved dirt at the right price is also a good deal right now while money is still cheap but that won’t last long.
And in all of this some states are considering going after a % of the accumulated wealth of those leaving their states. Cali and NY....
People are moving and moving their assets now before any of those laws can be passed and enacted.
The price in silicone valley is definitely going down right now as Texas is getting some huge investments.
No problem, the media will for 3 years blame Trump for this.
Thanks Biden and Harris. First your Red Chinese friends and patrons send us the Coronavirus which not only kept me from returning to work but also put me out of work as my contractor’s office with the govt has been closed due to it.
Soon you’ll be raising taxes so that my limited investment/401K income that we live on will drop or be used up.
Our local spendthrift county continues to raises taxes every year despite a nearly 25-30% rate of un-occupied large and small business offices/space, and are still building more large ones.
More businesses are closing due to the draconian and stupid lockdown rules and orders. More closures, less taxes collected but their is always the middle class to drain dry, esp. for illegal aliens.
Our morally and politically corrupt politicians get paid for wrecking our economy and society, so congratulations Democrats, “Yes you did” destroy the heart of America.
Demonrats are EXPERTS at KILLING jobs and KILLING economies
The Demonrat Party is NOTHING BUT A FAILURE!!!