Stock Market 2023

Started by Smit, July 18, 2023, 07:32 AM

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Jim at Gentex

Quote from: beej on July 19, 2023, 05:47 AMYou have to account for the inflation that has occurred through that time.


Yup.

Inflation is the ONLY thing Biden gets credit for.  :yes:
"Never argue with idiots.
They will drag you down to their level and beat you with experience." - Mark Twain

"Just because I don't care doesn't mean I don't understand." - Homer Simpson

beej

Quote from: Smit on July 19, 2023, 06:00 AMI'm taking that as a no. :)

I'm just sayin' give him credit for the whole picture. If the arsonist puts out the fire, does he get credit for saving the house? ;) :P
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Human pride weighed you down so heavily that only divine humility could raise you up again. ~Augustine of Hippo

Elmer Fudd

Remember that day in the spring of 2020 when the dow dropped something like 4000 points? I do. Was planning on retireing in 9 months. Thanks (insert whuever you want to blame here). I think Trump was presedent at the time, wasnt he?

beej

Quote from: Elmer Fudd on July 19, 2023, 06:28 AMRemember that day in the spring of 2020 when the dow dropped something like 4000 points? I do. Was planning on retireing in 9 months. Thanks (insert whuever you want to blame here). I think Trump was presedent at the time, wasnt he?

This?
https://www.cnn.com/2020/03/31/investing/stock-market-bear-market-coronavirus/index.html

march 31,2020
QuoteThe Dow has skyrocketed 3,736 points, or 20%, over the past week. The stunning rally is raising hopes that the devastating coronavirus bear market may already be over, or at least that the lows of the crisis have been put in.
Human pride weighed you down so heavily that only divine humility could raise you up again. ~Augustine of Hippo

Del.

I believe Mark Twain was correct when he said statistics were one of 3 lies.

They say inflation is down but I haven't seen it. Everything still seems overpriced to me.
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BrianP.

Quote from: Del. on July 19, 2023, 11:01 AMI believe Mark Twain was correct when he said statistics were one of 3 lies.

They say inflation is down but I haven't seen it. Everything still seems overpriced to me.

The rate that inflation is climbing is down. Not inflation itself.
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Del.

Quote from: BrianP. on July 19, 2023, 11:32 AMThe rate that inflation is climbing is down. Not inflation itself.

Yes but that's not how they spin it   
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JParis

#22
Back LMAO

My total balance is still below pre-covid, by several thousand $$$ from the day #FJB took office....and most of that has been continuing contributions....YTD has been good, I'll say that, but it ain't CLOSE to being back...

Period: 01/20/2021 - 07/18/2023 Personal Rate of Return: 4.80% Annualized: 1.90%
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mkd

All i know what from 2008 to 2012, it was Bush's fault and from 2012 onward, YOU DIDN'T BUILD THAT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

gcode

Quote from: Del. on July 19, 2023, 12:55 PMYes but that's not how they spin it   

if a Republican was president the current inflation rate would be a moonshot

beej

#25
Quote from: gcode on July 21, 2023, 12:45 PMif a Republican was president the current inflation rate would be a moonshot

And there would be a story on the nightly news every night about some single mother of 5 working 2 jobs and still unable to pay rent, and through her tears she would say, "Republicans don't care about me." "Back to you, Norah."

Norah: And now we turn to a heartwarming story, where some non-republicans try to make a difference in a young man's life....

I don't know if that's still what CBS does, I haven't watched them in a few years.
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Human pride weighed you down so heavily that only divine humility could raise you up again. ~Augustine of Hippo

Tim Johnson

#26
How many here remember the Brazilian stock 401K craze? I made 70% that year.
FJB

mkd

Quote from: Tim Johnson on July 26, 2023, 01:06 PMHow many here remember the Brazilian stock 401K craze? I made 70% that year.
never heard of it. when?

Tim Johnson

Quote from: mkd on July 26, 2023, 02:27 PMnever heard of it. when?
I'm bad with my sense of time but I think it was the early 2000's. Maybe it was just in our Company 401k. Most everyone in our machine shop had it and I would expect the same in all of the other departments.
FJB

Elmer Fudd

Hey Roy, what are you seeing going forward? Are you well off yet? You been playing the stocks for a while now.