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Current Events > Damn markets are an all time high....that's what I get for trying to time

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Squall28
10/28/19 12:12:09 PM
#1:


The market. Things looked so shitty with Trump, I bought no stocks all year.
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fan357
10/28/19 12:16:33 PM
#2:


Slow and steady baby!

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Never forget where you came from.
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AFrench2
10/28/19 12:16:47 PM
#3:


ehhhh
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Ohh boy
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John_Galt
10/28/19 12:19:09 PM
#4:


Time to trim some positions
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Who is John Galt?
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SK8T3R215
10/28/19 12:39:30 PM
#5:


Timing the market is DDIQ behavior.
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New York Knicks, New York Jets, New York Yankees.
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AlephZero
10/28/19 12:49:41 PM
#6:


worst economy ever
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"life is overrated" - Seiichi Omori
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EndOfDiscOne
10/28/19 12:51:30 PM
#7:


This is not good
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I am the Cheese! I am the best character on the show! I am better than both the salami and the bologna COMBINED!
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SK8T3R215
10/28/19 12:55:33 PM
#8:


EndOfDiscOne posted...
This is not good


me: ok
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New York Knicks, New York Jets, New York Yankees.
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Squall28
10/28/19 1:05:56 PM
#9:


EndOfDiscOne posted...
This is not good


I would say it's overvalued, but I've been saying it since Trump was elected lol.
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If you're going through hell, keep going.
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SK8T3R215
10/28/19 1:10:02 PM
#11:


FrozenXylophone posted...
Thr market goes up with a repub and down with a dem.

Turns out the rich people lose confidence when guy in office claims to want to help the poor more than them.


please shitpost better this is lazy
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FrozenXylophone
10/28/19 1:10:40 PM
#12:


SK8T3R215 posted...
FrozenXylophone posted...
Thr market goes up with a repub and down with a dem.

Turns out the rich people lose confidence when guy in office claims to want to help the poor more than them.


please shitpost better this is lazy


What part of it do you disagree with?
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SK8T3R215
10/28/19 1:12:24 PM
#13:


FrozenXylophone posted...
SK8T3R215 posted...
FrozenXylophone posted...
Thr market goes up with a repub and down with a dem.

Turns out the rich people lose confidence when guy in office claims to want to help the poor more than them.


please shitpost better this is lazy


What part of it do you disagree with?


Go ahead and prove your post is true and that will answer your question.
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New York Knicks, New York Jets, New York Yankees.
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Squall28
10/28/19 1:17:59 PM
#14:


FrozenXylophone posted...
Thr market goes up with a repub and down with a dem.

Turns out the rich people lose confidence when guy in office claims to want to help the poor more than them.


It's usually the opposite.
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If you're going through hell, keep going.
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FrozenXylophone
10/28/19 1:27:30 PM
#15:


Squall28 posted...
FrozenXylophone posted...
Thr market goes up with a repub and down with a dem.

Turns out the rich people lose confidence when guy in office claims to want to help the poor more than them.


It's usually the opposite.


Hmm, so what makes Trump different?
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Squall28
10/28/19 1:30:57 PM
#16:


FrozenXylophone posted...
Squall28 posted...
FrozenXylophone posted...
Thr market goes up with a repub and down with a dem.

Turns out the rich people lose confidence when guy in office claims to want to help the poor more than them.


It's usually the opposite.


Hmm, so what makes Trump different?


He's doing a lot of things that will inflate things in the short run, but fuck us later. Lowering taxes but increasing our debt. Removing risk protection in the market set up by Obama. Pressuring the fed to cut rates.
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#17
Post #17 was unavailable or deleted.
FrozenXylophone
10/28/19 1:46:27 PM
#18:


So I looked it up

https://www.forbes.com/sites/peterlazaroff/2016/07/26/democrats-vs-republicans-who-is-better-for-the-stock-market/#7816a7da239d



Looking at the table below of total returns for the S&P 500 during presidencies since 1929, it is clear that U.S. stock returns have been much better when a Democrat was the president; however, it would be a mistake to conclude that stock returns were higher because a Democrat held the presidency.

There is no conclusive evidence suggesting the presidents party has any statistically significant impact on U.S. equity market returns (see Campbell and Li 2004). Intuitively this makes sense, because stock returns are influenced by a myriad of factors such as valuations, corporate profits, business cycles, monetary policy, etc. In addition, the increasingly global economy (the S&P 500 generates more than 50% of revenues outside the U.S.) makes the actions of a single government less important.
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