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jpak

(41,757 posts) Fri Jun 24, 2016, 01:05 PM Jun 2016

0

My IRA took a big hit from Brexit and Trump thinks this is "great"

Fuck him

yup

8 replies

= new reply since forum marked as read

Highlight:

My IRA took a big hit from Brexit and Trump thinks this is "great" (Original Post) jpak Jun 2016 OP

That's amazing considering the DJ is down only 3% aikoaiko Jun 2016 #1

Index funds, my friend Kelvin Mace Jun 2016 #2

Now your dollars buy more, meaning you make more Press Virginia Jun 2016 #3

It will be very temporary edhopper Jun 2016 #4

Only if you are planning to cash out your entire IRA today. former9thward Jun 2016 #5

Careful GulfCoast66 Jun 2016 #6

Your IRA took a much bigger hit in Jan - Feb calguy Jun 2016 #7

The DJIA is down a little over 1% from where it was a week ago today. Ace Rothstein Jun 2016 #8

aikoaiko

(34,165 posts)

1. That's amazing considering the DJ is down only 3%

Reply to jpak (Original post)

Fri Jun 24, 2016, 01:07 PM

Jun 2016

Kelvin Mace

(17,469 posts)

2. Index funds, my friend

Reply to jpak (Original post)

Fri Jun 24, 2016, 01:11 PM

Jun 2016

Index funds.

Press Virginia

(2,329 posts)

3. Now your dollars buy more, meaning you make more

Reply to jpak (Original post)

Fri Jun 24, 2016, 01:18 PM

Jun 2016

when prices rise

edhopper

(33,543 posts)

4. It will be very temporary

Reply to jpak (Original post)

Fri Jun 24, 2016, 01:25 PM

Jun 2016

England's foolishness will have negligible long term impact on our economy.

former9thward

(31,961 posts)

5. Only if you are planning to cash out your entire IRA today.

Reply to jpak (Original post)

Fri Jun 24, 2016, 01:27 PM

Jun 2016

Otherwise it will have no effect on it.

GulfCoast66

(11,949 posts)

6. Careful

Reply to jpak (Original post)

Fri Jun 24, 2016, 01:37 PM

Jun 2016

There will be someone coming along soon to tell you that your IRA is awful and you must be rich for having one. Or if they are nice then they will Marxplain that you in fact are a victim and would better off if your retirement was completely in the hands of a beneficent government.

At least you did not complain about your 401K. That would be beyond the pale 😏

calguy

(5,303 posts)

7. Your IRA took a much bigger hit in Jan - Feb

Reply to jpak (Original post)

Fri Jun 24, 2016, 02:19 PM

Jun 2016

Look where it was yesterday. If you have any free cash in that account, this is the time to buy.
A couple weeks or less your IRA should be looking good again.

Ace Rothstein

(3,150 posts)

8. The DJIA is down a little over 1% from where it was a week ago today.

Reply to jpak (Original post)

Fri Jun 24, 2016, 02:23 PM

Jun 2016

It went up this week with the anticipation that the Brexit would not happen. This is a very small fallout that we're seeing here.

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