Posted on 06/15/2023 11:27:48 AM PDT by ChicagoConservative27
The Nasdaq is 30% above its October 2022 low.
Bull market.
My AMD stock went down by 2/3rds at one time from about $155 in mid nov 2021 to about $54+ by early Oct 21 and now back up to $124+. It recently went to $132.83
The stock market went down due to congress spending $6.2 trillion and wrecking the economy.
I delayed my retirement to 2024 because of this
Today the news excitedly said the Dow was up.
And supposedly Biden would win re-election (yes, it was about a poll——sorry I mentioned the word. Cheating assumed.)
Vanguard = ESG, DEI.
A smoke screen for fraud.
401Ks diluted with poop.
Skimming accounts and pocketing funds.
Some of us just don’t understand the market and prefer to pay for someone who does. If you have any investment acumen whatsoever a managed fund is silly. Paying 0.5-1% in fees every year hurts, although they are tax deductible. Unfortunately I don’t have that acumen at all. At my (almost retirement) age I make modest returns in low risk managed funds, which leave me ahead of the game when a downturn ends (less loss during bear markets = more money to ride the bull).
Best of luck to all you FReepers during this economic sh1tstorm!
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