I HURT MYSELF TODAY
DOW −1,679.39
Oh no not my stocks
Sub 40,000 by EOD tomorrow
If all the stocks go down doesnt it mean none of the stocks go down? Arent these numbers just relevant to themselves?
Stop, don't touch me there this is my no no square
I like watching people with more money than me lose money.
4% or 5%???
No big deal, I will still be able to live off my investments.
the worthless overinflated money lost all it's nonexistent value
oh no, anyway
It's working people with retirement funds who are losing money today, not hedge fundies
not hedge fundies
Private equity firms doing alright too
NOOOOOOOOOOOO NOT MY SPECULATIVE PONSI SCHEME NOOOOOOO I WAS ASSURED IT HAD REAL VALUE
I don't care about them either. I knew "retirement" was a scam not to be trusted to someone else a long time ago.
Anon.
If my money is in a "retirement account" and I'm not retired, which would be the implication of "working people", then the only thing a change in the stock market means is that today I earn less on the margin trades my brokerage does than I did yesterday. It doesn't mean my account is now 0. And also, it's an investment account, which means the people who are putting money into them aren't actually retired, so the fact that there was a slight dip in returns today doesn't mean that they won't have any money to retire years from now. So I don't understand where this narrative of "You're hurting the poor middle-class worker with the $1M investment retirement account!" because, bro first of all most people don't have those, and second you're not retiring right now so what the fuck does it matter?
Also, also, the number 1 rule of gambling and investing is never put in money you're not able to lose. There is no such thing as perpetual growth. Someone always has to catch the downturn.
The economy will permanently decrease in total value as a result of systemic sabotage such as this.
There is no such thing as perpetual growth. Someone always has to catch the downturn.
"Death is inevitable, better kill yourself right now" logic.
Anon Babble inhaling copious amount of copium.
Trump did this. Just like with all his failed business ventures, he is all talk and no show.
Only zogbots have retirements everyone else in America is poor
Trump popped a speculative valueless bubble? Based?
No you fucking inbred Euro cuck. Hedging your entire economic philosophy on the concept that the stock market can only ever increase, and must continue doing so forever and that any shift downwards is economic ruin, is exactly the kind of fantasy retardation that sits on the shelf with "Muslim refugees will integrate and make our nations strong."
I knew some dude that lost his retirement back in the ‘08 crash because he retired right when it happened. He was a fed too.
Trump did this.
Did what? Made the stock market stop inflating on fake valuation?
Also
Sweden, YES!
The billionaire class consolidate more wealth after every economic downturn. 2020, 2008, 2001, 1988. All ended with the wealthiest .00000001 percent of the population not just wealthier but in control of a larger overall percent of wealth.
The only difference this time is they aren't even trying to hide the fact that they're deliberately doing this. The billionaire president is openly, single handedly causing an economic downturn before he even hits the 10 week mark in the White House.
What's insane is half the population is cheering and clapping like trained seals about it.
a better phrase is "you can't have the good without the bad"
and we are in the bad
Not having at least 20% of your retirement in PMs, land, or lead
ISHYGDDT
NOOO NOT MY HECKIN KIKE IMAGINARY VALUE SOMEONE DO SOMETHING
That kinda sucks for him, but the fact of the matter is the 08 crash happened because the government allowed fake and horrible banking practices to perpetuate this "infinite growth" meme resulting in a house of cards that was taken down by the smallest amount of people actually calling in their chips. If he wasn't the one who caught the results of that bad banking situation, it would have been the next person down the line. The only medicine is to pull the infection out and stop the bleeding instead of kicking the can down the road.
This is kind of true. If your portfolio advisor is keeping everything you have in stocks because they believe in infinite growth, then you're going to lose your money.
I've been hanging on to this cash for so long earning five percent or so. I can't wait to slurp up some cheap stocks.
Make America Broke Again
Don't maga have any stocks or what? Why are they cheering for clear market manipulation?
DOW −1,679.39
this is just a tax on the wealthy. isn't this what they wanted?
NOOOOOOO WE BOUGHT MINECRAFT
WE HIRED A PAJEET CEO TO MAKE AI THAT MAKES THREE FINGERED NUDE PHOTOS OF WOMEN NOOOOOOOOO I WAS FOOLED
A tax would imply the money end up in a place where there is a chance for them to do good. Not in the pocket of insiders. This is rich getting richer, just like a crypto rug pull.
Nobody cares about your failed get rich quick schemes, loser.
You lost.
The numbers aren't relevant at all aside from Jews over valuing their own asset wealth.
They're paying for their parents none of that is for them.
the billionaires sell low and pay taxes
the billionaires don't sell, buy cheap stocks, and pay no taxes
Which of these scenarios do you think will happen?
S&P 500 weighted average PE Ratio: 26.35
DJIA weighted average PE Ratio: 24.02
Nasdaq 100 weighted average PE Ratio: 32.33
Russell 2000 weighted average PE Ratio: 17.05
Wilshire 5000 weighted average PE Ratio: 25.50
Long story short, small caps are on sale while we've seen overvaluation in mid and large cap growth stocks pull back to fair value. Traders are using this to shake out market inefficiencies and take come profits while they still can. If Nasdaq PE slips below 30 tech is on sale. Russell 2000 (small caps) is cheap right now. Everything else is fairly valued. Diversified investors aren't panicking, j8ust people who YOLOed their life savings into Tesla, Nvidia, and bitcoin. Speculators get the rope, investors who buy when stock are on sale always win in the long run.
If you live outside of Iran, Afghanistan, Russia, China, North Korea, the Congo, and the United States, then you would be able to short companies and make money when they drop as well as place more than 5 trades a week too. As it sits, the American money machine only lets you buy and hope it goes up unless you can prove you have like $5M liquidity. That's because they're protecting the investor
Diversified investors aren't panicking,
Nope
Found the non-diversified investor