How about that stock market!

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I can't........ and no one can underestimate how important Scott Bessent is to the history of America now along with our President who picked him as Treasury Secretary and President Trump IMO would agree......


He isn't sexy.......



He isn't cool........


But goddamn it doesn't he get the job done in the Economy..... and not just for Millionaires and Billionaires but for regular people...... that he genuinely ImO cares about.....



We in America are simply so blessed that President Trump picked one of the best and brightest minds of our times to lead our country financially and advise him in these difficult and trying times.



I can't underestimate how lucky we are in our modern day and age to have a President like President Donald Trump to only pick the best and the brightest to Make America Great Again and Scott Bessent is doing just that on behalf of President Trump and our Great Country as Treasury Secretary and helping our President and the country to Make America Great Again ^_^



2025-04-23T191502Z_1713900609_RC2R3EAKMIUH_RTRMADP_3_IMF-WORLDBANK-BESSENT-TARIFFS.jpeg
 
If I looked like him I wouldn't complain, but hey, it'd be an upgrade for me.

What I lack in looks I make up for in gravitas and I have little of that too.

Come to think of it, I've got nothing to offer really. :doh: :LOL:
O Brother Monkey Man-San........

O captain!!!! My captain!!!!!!



Only simply the best and nothing less :ROFLMAO:


And fuck me if he ain't one of the best if not the best of us all ^_^

Cheers Brother Monkey Man-san :cheers::cheers2:
 
Brother Monkey Man-san.

Me likey.

Arigato gosai mas Daniel-san. Wax on, wax off.
 
Remember the BS lies of WokeMericans and the Recession of April 2025..... Here we are 6 months later..... Where is the fucking recession you POS liars who want nothing else but to destroy America :dunno:


The Democrats and WokeMerican Scum in America are so petty and useless and full of dog shit.......


Everyone can see through their petty, high school fagot shit and they aren't fooling the markets with their government shutdown Woke BS seeking to destroy America and the world with their trying to sabotage the economy.........



You see there is thing everyones been talking about......



All aboard the DOW 50,000 and.......Choo, Choo Fucking Choo MotherFuckers ^_*



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The main anti American BS Liar coming out of nowhere........


Spinning more BS and lies as he has since hes been here.....


Does it really take a NostraDumbAss to know you are full of shit here and now yet again...... As you have been over and over again about whatever dumbass shit you care to talk about.....


From your defense of Terrorist scum in Gaza and simply other Anti American view points in general..... Par for the course for your regular Pink Pussy Hat Hesh fucks at TGP......



You have a proven track record of just saying BS, lies and Woke ridiculous garbage not even KamelToe Harris would take seriously :dunno:
 
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Bonerlover, where are you? Phoney Iommi, leftist scum of the earth is spread eagle, exposing his 🦫 for you. :ROFLMAO:
 
Hit another new record high last week; I've been buying nearly every down market since July, and selling on the up markets as I continue to rebalance my portfolio for retirement.

I planned to retire early, next year. But the market was so good, and my last job started playing games with my best accounts while not adjusting my sales quota targets...perfect time to retire; at least 6 months earlier than I planned, which means my rebalance was / is still in progress.

Income from my investments have already replaced my former salary not including commissions and bonuses, and I'm not done yet. By the end of 2025 or end of Q12026, the rebalance should be done, and by the end of 2026, my target is to have at least 2x income generation. My results are due to investing in high risk, high reward, private equity opportunities where there is a higher than average probability of losing everything, so it's not for everyone.

Downturns are always possible, we had a big market drop in April-2025 because of irrational emotional fear of reciprocal tariffs. The way to deal with market downturns is to have cash set aside, often called "emergency funds", that you replenish during market up turns.

It's eye opening to see useless idiots hoping the markets crash due to their TDS, those who are prepared for it will do fine; those who aren't won't...and if you don't think a US or wider market crash won't impact your Main St., "IDGAF about Wall St." life, you'll be in for a rude awakening.

I hope a market crash doesn't happen, at least until my rebalance is done. I'll be set either way, a crash is a great buying opportunity.
 
Hit another new record high last week; I've been buying nearly every down market since July, and selling on the up markets as I continue to rebalance my portfolio for retirement.

I planned to retire early, next year. But the market was so good, and my last job started playing games with my best accounts while not adjusting my sales quota targets...perfect time to retire; at least 6 months earlier than I planned, which means my rebalance was / is still in progress.

Income from my investments have already replaced my former salary not including commissions and bonuses, and I'm not done yet. By the end of 2025 or end of Q12026, the rebalance should be done, and by the end of 2026, my target is to have at least 2x income generation. My results are due to investing in high risk, high reward, private equity opportunities where there is a higher than average probability of losing everything, so it's not for everyone.

Downturns are always possible, we had a big market drop in April-2025 because of irrational emotional fear of reciprocal tariffs. The way to deal with market downturns is to have cash set aside, often called "emergency funds", that you replenish during market up turns.

It's eye opening to see useless idiots hoping the markets crash due to their TDS, those who are prepared for it will do fine; those who aren't won't...and if you don't think a US or wider market crash won't impact your Main St., "IDGAF about Wall St." life, you'll be in for a rude awakening.

I hope a market crash doesn't happen, at least until my rebalance is done. I'll be set either way, a crash is a great buying opportunity.

I have a similar story. Especially on the job side and retiring early. My IT sales/consulting gig with a F100 made it a no brainer to go ahead and leave and lump sum my pension. Granted I don't have the skills to chase the high risk/high reward stuff like you do, but now I'm making more money traveling and sitting here chatting to you blokes then punching the clock.
 
I have a similar story. Especially on the job side and retiring early. My IT sales/consulting gig with a F100 made it a no brainer to go ahead and leave and lump sum my pension. Granted I don't have the skills to chase the high risk/high reward stuff like you do, but now I'm making more money traveling and sitting here chatting to you blokes then punching the clock.

You may want to consider how to put that pension to work for you in the market? Do some research yourself on growth, balanced and income investing. Some people are fans of annuities, they're low risk, low reward, and have many restrictions, which is why they're not something I do.

In general, growth investments have a goal to increase your principal over time; income investments have a goal to generate income; and balanced do some of both. There are many options in each category with various risks, rewards, and focus.

Look into low cost, no cost index funds, for example; they have lower fees vs actively managed funds (which are good if you need tax harvesting). Taxes and fees can destroy any profit if you're not careful.

I don't like recommending any finance ideas or YT channels; but you can probably talk to a fee-only financial advisor (look up the term, there are few terms they may use) who should not have a product to sell you, Basically you pay them a fee to help you. Some offer free initial consultations...I don't use them, so I don't know much about it.

You need to decide what you want your money to do for you, then what options you have to put your money to work for you, then understand the risks, rewards, costs, etc.

Not a recommendation, but an example of a low-fee, total market index fund that is balanced (growth and income):


1759500259338.png


It has a year to date return of around 18.98%. So if you had invested $100K before January 1, 2025, you'd be up around $18,980. Not bad, not great...it takes money to make money, and higher the risks the higher the reward, etc.

Now if you had invested $1M before Jan. 1, 2025, that would up $189,800 so far this year; that you could take all or part of that growth/income, subject to capital gains tax (which can be short term if under a year) or income tax if it was in a tax deferred account...or tax free if it was held at least 5 years in a Roth IRA...as income without touching your $1M principal.

Good luck, and ask questions here if you want...I won't give any specifics or investing advice on what to buy, sell, etc. just general info and perspective...the VTSAX example above is just that, an example, not a recommendation for or against it.

Cheers!
 
note: VTSAX and any other investment can also go down, and even have a negative YTD ROI. (year to date return on investment).
 
Dow tumbles nearly 900 points after Trump reignites trade war between the world’s two largest economies

New York

US stocks closed sharply lower Friday after President Donald Trump threatened to hike tariffs on imports from China, reigniting fears of a trade war that rocked global markets earlier this year.

The Dow fell 879 points, or 1.9%. The broader S&P 500 dropped 2.71% and the tech-heavy Nasdaq Composite slid 3.56%.

The S&P 500 and Nasdaq each posted their worst day since April as a slide in tech stocks led the market lower. The Dow posted its worst day since May. The S&P 500’s drop of 2.71% saw the index shed roughly $1.56 trillion in market value in one day, according to FactSet data
 
After the market closed, Trump posted again, saying that the U.S. "will impose a Tariff of 100% on China, over and above any Tariff that they are currently paying."
Again, the importing country pays the tariffs.
 
Dow tumbles nearly 900 points after Trump reignites trade war between the world’s two largest economies

New York

US stocks closed sharply lower Friday after President Donald Trump threatened to hike tariffs on imports from China, reigniting fears of a trade war that rocked global markets earlier this year.

The Dow fell 879 points, or 1.9%. The broader S&P 500 dropped 2.71% and the tech-heavy Nasdaq Composite slid 3.56%.

The S&P 500 and Nasdaq each posted their worst day since April as a slide in tech stocks led the market lower. The Dow posted its worst day since May. The S&P 500’s drop of 2.71% saw the index shed roughly $1.56 trillion in market value in one day, according to FactSet data
After the market closed, Trump posted again, saying that the U.S. "will impose a Tariff of 100% on China, over and above any Tariff that they are currently paying."
Again, the importing country pays the tariffs.
If people knew DogShit or lower than DogShit like you are all up and arms about this.......



You know it's a good time to buy......


Fuck WokeMericans and their fagot, gay, Terrorist Transgender, Socialist and Communist TGP supporting ass.......



They have been wrong since the Recession of April 2025 and they are completely full of DogShit and actually lower than DogShit and always will be ^_^
 
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