Posted on 08/05/2024 9:06:26 AM PDT by hardspunned
Kamala’s Economy.
Kamala’s Economy.
TIAA, Vanguard, BMO, etc - all good access.
Buy low, sell high!
Yup, buy it when it is on sale.
Vanguard VTI (Total Stock Market ETF): I sold this morning at $251.21 per share. My average cost per share is $107.58.
Vanguard VT (Total World Stock Market): I sold this morning at $106.37 per share. My average cost per share is $82.91
I called my guy at Morgan Stanley at 8 AM today. Got through right away, told him to sell everything. :)
Due to cost-cutting, these companies are financially sound but lack robustness in their operations and depth of experience in their management and employees. Like race horses, these companies are built for speed and efficiency but are not able to enough to withstand severe stress in their operations.
Let me rephrase what I’m trying to say.
The reports today are about the markets crashing.
This article is saying the web sites used by small investors are not running, available, accessible, whatever—reporting that small investors cannot participate in the market today.
However, trading has not been stopped. Big brokers or those physically on Wall Street or elsewhere have access to the market.
That would make taking down the websites especially hideous, if done to keep smaller investors stuck.
I’m just going by what this article is saying. Oblviously your mileage may vary.
I’m glad I never saved any money.
It was true for me. I was unable to login my Schwab brokerage trading software (thinkorswim) and my Vanguard brokerage account Monday morning between 8:00 AM CDT and U.S. market open at 8:30 AM CDT. It caused some very anxious moments, but it was resolved quickly and I got in soon after market open.
That can make it a lot less stressful on a day like this.
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