How about that stock market!

[Findthetone1]

You do realize this thread is about the stock market, right?
Even when you actually have a coherent thought, you still add no value to the conversation.

He's used to not adding value to anything...at all.
But being consistently useless is a goal for some, I guess

 

[Robostyle]

agreed. As I said, a good portion of the markets are emotional, and make dramatic moves based on emotions. These are the people that usually lose in the market, and provide opportunities for the rest of us who use the fundamentals to find bargains thanks to the emotional mood swingers.

so many of our resident libtards are so consistently confidently wrong about everything it's amazing they survive....must be dumbluck, inheritance or government assistance?

Especially those here that claim to run a business and employ others...how can they be wrong about nearly everything in markets, politics, society, etc., and still have a business that survives? Idiot savants? Maybe partners or team that actually keep the business working inspite of these libtards.

He's prob an illegal veggie picker who says he's the owner.

 

[rsm]

sometimes there are disconnects between Wall St. and Main St., other times they effect each other, or move in similar directions. as @The~Kid said, watching the fundamentals and other signs (news, season, legislation, etc.) are more solid basis than irrational emotional kneejerk reactions to statements that just create noise.

market emotions are like a drowning person who panics, and if the rescuer gets too close, the drowning person may drown them both; exponentially.

 

[rsm]

He's prob an illegal veggie picker who says he's the owner.

I was thinking more a halal lamb kabob food stall, catering to invaders?

 

[rsm]

...or maybe a lamb kabob food truck?

 

[311boogieman]

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

I meant to reply to this. I took the lump sum option on my pension in 2022 when I retired (from that job). So that was 55 (age) + 25 (years of service) = 80 years old in the eyes of the pension. Plus they use the interest rate from Nov 30th of the prior year. So really it was an alignment of stars if you will and it did not make sense for me to NOT pull the trigger. Now my money is making money in a smarter way, versus the companies' way. The annuity payment option was not really my bag. Some older friends of mine that had already retired turned me on to this retirement investor they trust. He charges 1%. I feel it is well diversified. There is some high risk/low risk balance and some insurance annuities that represent maybe 10% of total.

I'm not the type of person to watch the market daily and try to sway my guy one way or the other. Most of the daily stuff is in his control and managed via Schwab. I trust him so it is more set and forget

 

[rsm]

I meant to reply to this. I took the lump sum option on my pension in 2022 when I retired (from that job). So that was 55 (age) + 25 (years of service) = 80 years old in the eyes of the pension. Plus they use the interest rate from Nov 30th of the prior year. So really it was an alignment of stars if you will and it did not make sense for me to NOT pull the trigger. Now my money is making money in a smarter way, versus the companies' way. The annuity payment option was not really my bag. Some older friends of mine that had already retired turned me on to this retirement investor they trust. He charges 1%. I feel it is well diversified. There is some high risk/low risk balance and some insurance annuities that represent maybe 10% of total.

I'm not the type of person to watch the market daily and try to sway my guy one way or the other. Most of the daily stuff is in his control and managed via Schwab. I trust him so it is more set and forget

sounds like a good plan that's working for you, that's what counts!