The roller coaster ride begins.........................
Goldman Sachs is reportedly telling clients to buy gold fast. It’s all going to hell.
Don’t do anything stupid like sell off your portfolio. Now id a time to buy while prices are down.
It’s also Friday so the selling will be worse than usual, as nobody will want to hold over the weekend. If this had happened on a different day, the selling would likely be far less.
Lots of fear operating today and going forward.
DOW currently down 562.
The Global Elites had this all setup and ready to go.
By Wednesday it will be back to yesterday’s numbers.
Nothing terribly exciting. There’s uncertainty now. Nobody knows how England is going to leave the EU, when exactly it will happen, and what the effects will be. Markets hate uncertainty, so they drop. It’ll mellow as the situation turns into bureaucracy as usual.
My portfolio is down 1.7% today... which is not an unusual one-day swing at all. All year it’s been a bit of a roller coaster. I’m not going to lose sleep over this one.
This tells you how many people were betting against Brexit. Currency traders are probably bailing out of windows.
Chicken Little, the commonly known quote: “The sky is falling.”
The un-redacted quote: “The sky is falling. Sell sky.”
This will kick a few companies in the ass, but the overall financial and market health of England will only increase.
1. Which online stock trading company would you suggest I use? I wanna get set up so that I can take advantage of this opportunity by the time things hit rock bottom. I’m pretty much out of the stock market in my 403(b) right now, but I’m toying with the idea of supplementing it with an account I can manage more directly myself.
2. Would you suggest opening an IRA account, or a regular after-tax account? I understand the tax implications of both. I’m asking more from the perspective of you all believe the money would still be there for me in a 401(k) when I retire in six years.
ping!
The roller coaster ride begins.........................
For working Americans, every day is a bad financial day. The western nations that keep civilization functioning need to protect themselves from the third world invaders, so a market correction is a small price to pay.
I’ll take the 401k hit, which I’m sure is temporary. Rule Britannia! God save the Queen!
Bring it! Got plenty of cash to invest... I have been holding on for the past year. Figure we would start a slide sooner or later.
it is called a correction. Odumbo has propped the stock market up for years. Now the stock market will correct itself. there is nothing Odumbo can do. he is unable to influence anyone anymore. he made promises to his handlers he would deliver Greta britian to remain EU. The Odumbo reverse midas touch - not gold, but lead!