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LAS14

(13,783 posts)
Fri Feb 28, 2020, 11:21 AM Feb 2020

Every time the DOW drops a point, I think "Take that, Donald Trump!!!!"

Sure, we have money in IRAs and a 401k, but we've been through this before. We just don't look at our holdings for several years, until it gets back to where it was, as it inevitably well. Hopefully, during the term of a Democratic president and congress.

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Every time the DOW drops a point, I think "Take that, Donald Trump!!!!" (Original Post) LAS14 Feb 2020 OP
I'm with you. I don't worry about the stock market in the short term at all. SlimJimmy Feb 2020 #1
Screw those who are alredy at retirement, right? MichMan Feb 2020 #2
I've been retired for several years. My income doesn't come from selling stocks regularly. LAS14 Feb 2020 #3
It's not about that SoCalNative Feb 2020 #7
The stock market ALWAYS goes down for one reason or another. I really glad it's on Trump's watch. LAS14 Feb 2020 #9
Please don't snowybirdie Feb 2020 #4
me too gopiscrap Feb 2020 #5
This does not seem like a healthy attitude Amishman Feb 2020 #6
I can handle more than one train of thought at once. nt LAS14 Feb 2020 #8

SlimJimmy

(3,180 posts)
1. I'm with you. I don't worry about the stock market in the short term at all.
Fri Feb 28, 2020, 11:33 AM
Feb 2020

I've made a decent amount of money over the years by just holding on to good solid stocks. Slow growth over time; don't worry about the panic and other nonsense that the media tries to push on us.

LAS14

(13,783 posts)
3. I've been retired for several years. My income doesn't come from selling stocks regularly.
Fri Feb 28, 2020, 11:51 AM
Feb 2020

For years we sold the amount that went over a benchmark and bought bonds or CDs. Now 2/3s is in fixed income.

SoCalNative

(4,613 posts)
7. It's not about that
Fri Feb 28, 2020, 12:13 PM
Feb 2020

Most people don't, retired or not. But our 401ks are taking hits, which doesn't help. Especially when retirement is getting closer and the time to gain the losses back is getting shorter and shorter.

snowybirdie

(5,227 posts)
4. Please don't
Fri Feb 28, 2020, 12:00 PM
Feb 2020

Feel satisfaction against tRump on the backs of those drawing down our IRA's a and investments. The market may recoup eventually but some of us can't wait. Focus your ire elsewhere please. Plenty of places to go.

Amishman

(5,557 posts)
6. This does not seem like a healthy attitude
Fri Feb 28, 2020, 12:04 PM
Feb 2020

The Dow is responding to a major potential threat to the entire world. This is a lot bigger than politics and that orange idiot.

Instead you should be thinking about how to respond if a Covid-19 pandemic does come to pass.

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