General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsEvery 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.
SlimJimmy
(3,180 posts)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.
MichMan
(11,919 posts)LAS14
(13,783 posts)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)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.
LAS14
(13,783 posts)snowybirdie
(5,227 posts)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.
gopiscrap
(23,758 posts)Amishman
(5,557 posts)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.