I think what you’re not understanding, since you’re too busy congratulating yourself over a modest financial gain (and adjusting the endpoints - who cares), is that the stock market is down quite a bit across the board. There appears to be dreaded low growth and inflation on the horizon. We’re letting go of a bunch of people for dumb reasons. We are arresting inexpensive labor. We are about to increase tariffs and all sorts of stuff, including stuff that we actually need.Spock wrote: ↑Tue Apr 01, 2025 6:26 pmHey, you started it-now live with the consequencesmrkelley23 wrote: ↑Tue Apr 01, 2025 6:22 amFrom a "whining wanker" (sure glad we don't engage in the name-calling in place of substantive discussion): first, let's be more precise about terminology, as you have been wont to whine about in the past. This is not a crash. It's barely, if at all, a correction. The whining, on my part, as I've said before but apparently have to repeat, is the self-inflicted nature of this one.Spock wrote: ↑Mon Mar 31, 2025 4:19 pmFor the time period since Jan 20th, 2025-reporting at the end of the first quarter.
Today the account made up for Friday and moved to very slightly positive since Jan 20,2025. The percentage increase is so small it is not worth doing the math-but it is on the positive side by a few dollars.
I simply don't get all the whining about a stock market crash. Just because a few high-profile tech names have shown they can't go to infinity or what? What the hell do you whining wankers expect?
I guess it should be noted that my account dropped 4.5% from its peak in February, 2024 to Inauguration Day.
I guess I have the right to blame Biden for that drop-because, apparently I have the right to expect that once my account reaches a certain level that it will never drop below that.
Second, as to timing: I made the post on Saturday, after returning from a week-long vacation where I had very little interaction with "the news." I didn't even know Friday had been a bad day -- just decided to check in since it had been two months. As I said in that post, I won't check in again until six months.
And, as far as "all the whining," shall we compare the number of posts I've made on this subject to yours?
You were the one whining about a 5 and 7 percent downturn in your portfolio and, more than likely a lot of people here agree with you because of the hatred for Trump.
I am mainly pointing out that the dumb farmer seems to be doing better than the investment professionals at this point. Ending the quarter with a gain in a stock only portfolio since the inauguration (no matter how small) seems to fly in the face of the conventional wisdom.
I also believe that January 13 might be a better date for comparison than January 20-because I doubt that the rise from January 13 to January 20 was due to people buying to take advantage of the last week of Biden.
My portfolio rose 4.4% from Jan 13 to Jan 20 and it has held those gains.
Hell, some might say that we should start from the day after the election-but I will stick with your arbitrary use of Jan 20th and consider Jan 13 for comparison also.
So it is great that you’ve made a little bit of money. I think the magic eight ball would suggest that things are not going to go well for the economy, in general, over the next year.
Ask someone if they have to build a house or buy a car, they may view your dumb little stock gain a little differently.
Unsurprising that a Trump supporter really can’t see past his own immediate short term self interest. You’re the kid who failed the marshmallow test.