DJIA down 1%+ already today.

[MineralMan]

So, it seems like it's not recovering from the insults it has already suffered from the Trump fiscal nonsense.

Looks like we might be in for a long, ugly period of time.

[C_U_L8R]

1. When does Wall Street demand Trump's head?

I've lost enough already with Trump, have they?

[MineralMan]

3. Good question.

I'm not a stock market investor in any way. Never have been. I've always invested in real estate in my small way, and that has worked pretty well for me. that was my father's advice. "Buy real estate, son. Buy your first house as soon as you can. Live in it. Let it increase in value. Work on it yourself."

So, that's what I did. Sold that first house and bought another. Sold that one and bought another. Each time, the new house cost less than the house I sold. Never refinanced any of them. Paid off the mortgages. Now I'm old and retired. I still have a paid-off house. I like that.

[CrispyQ]

2. -3,700 over the past 30 days!!

OMG, if that had happened during a dem president's first few months in office the whole country would be talking impeachment.

[MineralMan]

5. Yes, and still going down.

"Don't worry, " Trump says. "Don't pay any attention to the stock market," Trump said. I can see why he said that.

[SamuelTheThird]

4. Get your $ out now

People have no clue just how bad things are going to get

[MineralMan]

6. Don't have any money in stocks.

[multigraincracker]

10. Only what I can afford to lose, not that much.

In the last 10 years, I have tripled my money and have used dividends to pay all of my utilities.
In the 80s when the market crashed, I just waited it out. My roommate got a settlement for $90K and put most of it in the highest ranked stock fund. When it crashed he pulled what was left, about half out. I just left mine alone and it all came back within a year. Only invest what you can afford to lose. Don't buy on exuberance and don't sell on fear.

[SamuelTheThird]

11. Past performance does not predict future fuckery

The entire world is shifting away from the US

[multigraincracker]

16. Can't blame them. At least until we get back on the correct path.

[ibegurpard]

13. Got mine out right before the slide

It's all in CDs now... although with the way things are going who knows if that's safe either

[MissB]

15. nope. Not taking more out.

I insisted that we take dh's retirement draw for the year on Jan 2, instead of spacing it out each month. A good portion of his funds are in as safe of a place as they can be, and we will ride it out. I'm still working full time.

[Johnny2X2X]

7. Consumer spending

That's all the economy is, people spending their money. If consumer spending falls, so will the economy. We're starting to see it fall as people are nervous and trying to save.

All the rest of the data is mumbo jumbo, the economy does well when regular people are spending, it contracts when they aren't.

[CrispyQ]

8. We were going to upgrade the interior of our house but decided to wait until after the election.

That would have been a nice project for a local contractor.

[Johnny2X2X]

9. We are making our used cars last another few years

My wife could have used a new one this year, but we decided to just keep going with her car for at least another year.

[Bettie]

12. I think I need more coffee

it took me longer than it should have to know what DJIA is...but, yeah, it isn't recovering, probably because the chaos will continue for at least 4 more years. We've got a toddler mashing buttons at random.

[MineralMan]

14. Now down 659. Not good.

Looks like another bad day on Wall St.