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Wall Street turmoil rattles retirement savers, turning financial planners into therapists
NBC News | Comcast ^ | March 13, 2025 | By J.J. McCorvey and Alexandra Byrne

Posted on 03/13/2025 3:36:43 PM PDT by Oldeconomybuyer

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1 posted on 03/13/2025 3:36:43 PM PDT by Oldeconomybuyer
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To: Oldeconomybuyer

NBC BS


2 posted on 03/13/2025 3:37:35 PM PDT by Fledermaus ("It turns out all we really needed was a new President!")
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To: Oldeconomybuyer

More fear pron from the LSM.


3 posted on 03/13/2025 3:37:39 PM PDT by Skwor
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To: Oldeconomybuyer

Therapists are cheaper than financial advisers.

https://www.bogleheads.org/wiki/How_much_do_you_lose_to_annual_fees_after_many_years%3F


4 posted on 03/13/2025 3:39:51 PM PDT by cgbg (The Democrat Party is a criminal enterprise.)
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To: Oldeconomybuyer
We've most assets in real property and Main Street. Wall Street and of course the Wall Street Journal can agonize and seek therapy all they like.
5 posted on 03/13/2025 3:40:10 PM PDT by Worldtraveler once upon a time (Degrow government)
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To: Oldeconomybuyer

Silver with a bump to a 12-year high.


6 posted on 03/13/2025 3:40:47 PM PDT by 9YearLurker
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To: Oldeconomybuyer

Wall Street is going through detox from easy money and a high dollar
It will be fine.


7 posted on 03/13/2025 3:41:43 PM PDT by cowboyusa
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To: Oldeconomybuyer

On average, the market declined 10% or more every 1.2 years since 1980, so you could even say corrections are common.

https://www.covenantwealthadvisors.com/post/understanding-stock-market-corrections-and-crashes#:~:text=Corrections%20occur%20more%20frequently%20than,context%20when%20the%20market%20drops.


8 posted on 03/13/2025 3:42:36 PM PDT by Raycpa
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To: Oldeconomybuyer

And gold peeked over 3000.


9 posted on 03/13/2025 3:42:47 PM PDT by 9YearLurker
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To: Oldeconomybuyer

“Turmoil” on Wall Street....

It’s turned into a Bear Market.

It’s difficult to believe that there aren’t Anti-Trump forces at work.


10 posted on 03/13/2025 3:46:17 PM PDT by Paladin2
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To: 9YearLurker

“And gold peeked over 3000.”
_________________________________________________________

Gold doesn’t peak when people have high confidence in the economic environment ahead.


11 posted on 03/13/2025 3:46:38 PM PDT by Bob Wills is still the king (Just a Texas Playboy at heart!)
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To: 9YearLurker

“And gold peeked over 3000.”

What did it see?


12 posted on 03/13/2025 3:47:27 PM PDT by Paladin2
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To: Bob Wills is still the king

I meant “peeked”. Was briefly over the line and ended back down.


13 posted on 03/13/2025 3:49:11 PM PDT by 9YearLurker
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To: Oldeconomybuyer

A correction has been in order, since before the election.

Ridiculous P/E ratios for Boeing, Walmart, Broadcomm.

President Trump’s Tariffs Campaign, timing, will get some blame.

But weak consumer purchasing power for vehicles, has been obvious.


14 posted on 03/13/2025 3:49:48 PM PDT by linMcHlp
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To: Paladin2

It looked over the 3k line and then receded back down. Whatever it saw, it didn’t stay for a good look.


15 posted on 03/13/2025 3:50:06 PM PDT by 9YearLurker
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To: Oldeconomybuyer

People who get rattled and unnerved by market gyrations probably shouldn’t be in the market, or at least not overweight stocks.

For some people corrections are opportunities to add quality holdings to their portfolio. Just saying.


16 posted on 03/13/2025 3:52:35 PM PDT by Starboard
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To: 9YearLurker

I was thinking it maybe saw Trump’s “Golden Age” on the near horizon.

Trump seems to have long liked peeking at things that are at least covered in gold foil if not solid.


17 posted on 03/13/2025 3:55:06 PM PDT by Paladin2
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To: Oldeconomybuyer

If 4.8% is sending shudders through your financial stability…you really need to examine your situation.


18 posted on 03/13/2025 3:55:26 PM PDT by Vermont Lt
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To: Oldeconomybuyer

I’m only worried that the WEF Clowns will try and start WWIII to destroy the rebirth of America. The enemy troops under the command of the #JihadJunta are here.


19 posted on 03/13/2025 4:00:31 PM PDT by Shady (The Force of Liberty must prevail for the sake of our Children and Grandchildren...)
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To: Oldeconomybuyer

After avoiding mentioning Biden was never in charge over the
last four years, they now spend endless hours scouring the
internet for misplaced commas instead of periods they can
spin negative for Trump.


20 posted on 03/13/2025 4:06:09 PM PDT by DoughtyOne (I pledge allegence to the flag of te USofA & to the Constitutional REPUBLIC for which it stands. )
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