The Orangeman Magagod giveth (1st term) and the Orangeman Magagod taketh away (2nd term)
-
21
-
The king of bankruptcies is going to impose the same failures on the US - except there won't be any way he can bail out.
111 -
The majority of Americans are poor, living paycheck to paycheck. Don't have $1000 for an emergency, running up credit card/other debt like crazy. Money management skills lacking, little self-control. These people, the majority, have no stake in the markets whatsoever. Some will cheer this but reality is off the message boards/social media. 5 decade 9-5er. Poor. Crappy Apartment. Have fun.
67 -
Masked Off wrote:
The majority of Americans are poor, living paycheck to paycheck. Don't have $1000 for an emergency, running up credit card/other debt like crazy. Money management skills lacking, little self-control. These people, the majority, have no stake in the markets whatsoever. Some will cheer this but reality is off the message boards/social media. 5 decade 9-5er. Poor. Crappy Apartment. Have fun.
So the solution is to tank whatever retirement accounts they have, while increasing inflation reducing how far their paycheck goes, and giving $4.5T in tax cuts to the wealthy?
192 -
Masked Off wrote:
The majority of Americans are poor, living paycheck to paycheck. Don't have $1000 for an emergency, running up credit card/other debt like crazy. Money management skills lacking, little self-control. These people, the majority, have no stake in the markets whatsoever. Some will cheer this but reality is off the message boards/social media. 5 decade 9-5er. Poor. Crappy Apartment. Have fun.
The median household net worth is $192,000. If you’re living paycheck to paycheck you’re not one of “the Majority of Americans”, you’re one of the minority of Americans that are losers.
66 -
Shoko Asahara wrote:
Masked Off wrote:
The majority of Americans are poor, living paycheck to paycheck. Don't have $1000 for an emergency, running up credit card/other debt like crazy. Money management skills lacking, little self-control. These people, the majority, have no stake in the markets whatsoever. Some will cheer this but reality is off the message boards/social media. 5 decade 9-5er. Poor. Crappy Apartment. Have fun.
So the solution is to tank whatever retirement accounts they have, while increasing inflation reducing how far their paycheck goes, and giving $4.5T in tax cuts to the wealthy?
Were you saying the same thing when the market tanked 25% in 2022? Stock markets have been correcting and tanking before our grandparents were born. That’s the game. That’s why you get a bigger return long-term in the stock market than on bonds but you have to assume that risk.
If you don’t have the stomach for this, you should put your retirement money in a Bond Fund. You do have that option.
This post was edited 4 minutes after it was posted.315 -
Badcompany wrote:
Shoko Asahara wrote:
In Trump's defense, prices are now lower. The S&P is like 13% cheaper than when he took office.
Two weeks ago, it was egg prices. Now, they’ve dropped so suddenly they’re worried about the stock market.
These deranged people have been saying “It’s over for Drumpt” for close to a decade of their sad lives.
91 -
Badcompany wrote:
Shoko Asahara wrote:
So the solution is to tank whatever retirement accounts they have, while increasing inflation reducing how far their paycheck goes, and giving $4.5T in tax cuts to the wealthy?
Were you saying the same thing when the market tanked 25% in 2022? Stock markets have been correcting and tanking before our grandparents were born. That’s the game. That’s why you get a bigger return long-term in the stock market than on bonds but you have to assume that risk.
If you don’t have the stomach for this, you should put your retirement money in Bonds. You do have that option.
I was saying different things when the market dropped in 2022, because I knew it wasn’t due to a complete moron in the White House deciding economic policy based on what color crayon he pulled from his toy box.
You do understand that the market drops in 2022 and 2025 have completely different origins, right?
I moved a good chunk of my portfolio into short-term fixed income securities immediately after the inauguration knowing that Trump’s policies were garbage that were going to tank the market. Sitting on a bit over a million in cash and will probably buy a few hundred k or so of stocks this morning at the open, but keep plenty in reserve to buy more if the market continues to deteriorate.
201 -
Shoko Asahara wrote:
Badcompany wrote:
Were you saying the same thing when the market tanked 25% in 2022? Stock markets have been correcting and tanking before our grandparents were born. That’s the game. That’s why you get a bigger return long-term in the stock market than on bonds but you have to assume that risk.
If you don’t have the stomach for this, you should put your retirement money in Bonds. You do have that option.
I was saying different things when the market dropped in 2022, because I knew it wasn’t due to a complete moron in the White House deciding economic policy based on what color crayon he pulled from his toy box.
You do understand that the market drops in 2022 and 2025 have completely different origins, right?
I moved a good chunk of my portfolio into short-term fixed income securities immediately after the inauguration knowing that Trump’s policies were garbage that were going to tank the market. Sitting on a bit over a million in cash and will probably buy a few hundred k or so of stocks this morning at the open, but keep plenty in reserve to buy more if the market continues to deteriorate.
I should add, the market drop in 2022 was also completely predictable and I pulled most of my money out of the market. Trump pumping trillions of economic stimulus dollars into the economy was guaranteed to cause inflation, rising interest rates, and a drop in the market. That’s like investing 101.
91 -
Shoko Asahara wrote:
Badcompany wrote:
Were you saying the same thing when the market tanked 25% in 2022? Stock markets have been correcting and tanking before our grandparents were born. That’s the game. That’s why you get a bigger return long-term in the stock market than on bonds but you have to assume that risk.
If you don’t have the stomach for this, you should put your retirement money in Bonds. You do have that option.
I was saying different things when the market dropped in 2022, because I knew it wasn’t due to a complete moron in the White House deciding economic policy based on what color crayon he pulled from his toy box.
You do understand that the market drops in 2022 and 2025 have completely different origins, right?
I moved a good chunk of my portfolio into short-term fixed income securities immediately after the inauguration knowing that Trump’s policies were garbage that were going to tank the market. Sitting on a bit over a million in cash and will probably buy a few hundred k or so of stocks this morning at the open, but keep plenty in reserve to buy more if the market continues to deteriorate.
There’s always a reason. Were it not this it would be something else. People have just come to expect a big return. You’re not entitled to 12% a year on your money.
Look at the market from 1966 to 1982 and then get back to me.
010 -
I don’t like it either but the prediction from several cnbc prognosticators say 51,000 a year from now.
Biden, the drunk Harris and Mayorkas allowed 662,000 illegal aliens with criminal records into our country.
Trump has to clean that up.
He is not moving fast enough to clean up Biden’s Marxist mess.I can stand short term stock market pain.
What the country can’t stand is 662,000 criminal illegals victimizing American neighborhoods
The United States Army only has a little over 400,000 soldiers on active duty as a comparison.
We can stand a year of a lower stock market. There are bigger fish to fry.
This post was edited 36 seconds after it was posted.020 -
Badcompany wrote:
Shoko Asahara wrote:
In Trump's defense, prices are now lower. The S&P is like 13% cheaper than when he took office.
Two weeks ago, it was egg prices. Now, they’ve dropped so suddenly they’re worried about the stock market.
These deranged people have been saying “It’s over for Drumpt” for close to a decade of their sad lives.
I repeat: to call others with whom you disagree "deranged" is the usual trumpy rubber ball deflection. And it is even more interesting in the use of "deranged," a term reflective of the original source: Himself. Coincidence? I think not.
100 -
Magas are poor, Democrats are wealthy wrote:
Masked Off wrote:
The majority of Americans are poor, living paycheck to paycheck. Don't have $1000 for an emergency, running up credit card/other debt like crazy. Money management skills lacking, little self-control. These people, the majority, have no stake in the markets whatsoever. Some will cheer this but reality is off the message boards/social media. 5 decade 9-5er. Poor. Crappy Apartment. Have fun.
The median household net worth is $192,000. If you’re living paycheck to paycheck you’re not one of “the Majority of Americans”, you’re one of the minority of Americans that are losers.
The net worth of the median american household is less than their equity in their house.
Plus their investments in retirement accounts.
Neither of which is readily accessible without great expense (tax penalties, loans from banks, etc.)
This net worth does not change the fact people live paycheck.
According to recent data, approximately 25% of Americans have a net worth of less than $0, meaning their debts exceed their assets.
Based on available data, approximately 40% of Americans have less than $10,000 saved for an emergency.
06 -
jamese wrote:
Badcompany wrote:
Two weeks ago, it was egg prices. Now, they’ve dropped so suddenly they’re worried about the stock market.
These deranged people have been saying “It’s over for Drumpt” for close to a decade of their sad lives.
I repeat: to call others with whom you disagree "deranged" is the usual trumpy rubber ball deflection. And it is even more interesting in the use of "deranged," a term reflective of the original source: Himself. Coincidence? I think not.
Most people have very little self-awareness and don’t realize how much energy they devote to hating this man. It’s clearly a pathology
012 -
Badcompany wrote:
jamese wrote:
I repeat: to call others with whom you disagree "deranged" is the usual trumpy rubber ball deflection. And it is even more interesting in the use of "deranged," a term reflective of the original source: Himself. Coincidence? I think not.
Most people have very little self-awareness and don’t realize how much energy they devote to hating this man. It’s clearly a pathology
The most extreme clinical case of Trump Derangement Syndrome was closest to truth.
30 -
Newname wrote:
The net worth of the median american household is less than their equity in their house.
Plus their investments in retirement accounts.
Neither of which is readily accessible without great expense (tax penalties, loans from banks, etc.)
This net worth does not change the fact people live paycheck.
According to recent data, approximately 25% of Americans have a net worth of less than $0, meaning their debts exceed their assets.
Based on available data, approximately 40% of Americans have less than $10,000 saved for an emergency.
You don’t build a NET worth of 200k living paycheck to paycheck, moran. Maybe I could believe it if you’re 80 or something.
Facts don’t care about your feelings, and the facts are this—if you’re living paycheck to paycheck, you are a loser and probably a Magatard as well.
41 -
Fuijsxc wrote:
I don’t like it either but the prediction from several cnbc prognosticators say 51,000 a year from now.
Biden, the drunk Harris and Mayorkas allowed 662,000 illegal aliens with criminal records into our country.
Trump has to clean that up.
He is not moving fast enough to clean up Biden’s Marxist mess.I can stand short term stock market pain.
What the country can’t stand is 662,000 criminal illegals victimizing American neighborhoods
The United States Army only has a little over 400,000 soldiers on active duty as a comparison.
We can stand a year of a lower stock market. There are bigger fish to fry.
You make no sense. Can you give us three things Biden did that was Marxism? The truth is Trump is way closer to the old so called communist leaders than any other president
60 -
Badcompany wrote:
The whole argument is kind of silly because this is just a negotiation tactic akin to buying a used car. The seller wants his original price. You want it for free and you try to meet somewhere in the middle.
Terrorism is also a negotiation tactic akin to "Gimme what I want and I'll quit blowing crap up!"
Is it so hard to understand that "shoot first then negotiate" might be a sub-optimal approach?
20 -
Fuijsxc wrote:
I don’t like it either but the prediction from several cnbc prognosticators say 51,000 a year from now.
Biden, the drunk Harris and Mayorkas allowed 662,000 illegal aliens with criminal records into our country.
Trump has to clean that up.
He is not moving fast enough to clean up Biden’s Marxist mess.I can stand short term stock market pain.
What the country can’t stand is 662,000 criminal illegals victimizing American neighborhoods
The United States Army only has a little over 400,000 soldiers on active duty as a comparison.
We can stand a year of a lower stock market. There are bigger fish to fry.
Really? And you know this how?
Do people like you even think about what you keep repeating??
All M@GA is doing these days is deflecting and pretending that we are in some normal period with a few tariffs imposed that wont affect us in the long term.
You're dead wrong, Trump has upended world trade, something that was stable and functional and was actually benefiting the US. He intentionally wrecked the stock market.
He even had to lie about his chart showing how they tariffed us. All he used was simple math of their exports vs imports to and from the US as a basis for his attacks. The whole thing is such a farce.
40 -
Badcompany wrote:
jamese wrote:
I repeat: to call others with whom you disagree "deranged" is the usual trumpy rubber ball deflection. And it is even more interesting in the use of "deranged," a term reflective of the original source: Himself. Coincidence? I think not.
Most people have very little self-awareness and don’t realize how much energy they devote to hating this man. It’s clearly a pathology
The amount of energy you guys spend defending every moronic decision he makes is quite astounding too. Especially as you know how bad a lot of his decisions are.
80
What People Are Talking About On LetsRun
No top threads at the moment. Check back soon.