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babylonsister

(172,802 posts)

34. I am also in that category, as many are.

Reply to Old Crank (Reply #32)

Thu Jul 27, 2023, 03:08 PM

Jul 2023

I've been watching my IRA aka retirement nest egg lose 'money' like crazy, so this news is welcome!

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The Dow is on pace to do something today it hasn't done since 1897 [View all] brooklynite Jul 2023 OP

Time to buy some puts? BComplex Jul 2023 #1

I never "play" the market brooklynite Jul 2023 #2

Good plan! BComplex Jul 2023 #3

Ever heard of the Bogleheads? ARPad95 Jul 2023 #4

I do just a little wryter2000 Jul 2023 #26

Called "dollar cost averaging", and orthoclad Jul 2023 #54

yes Dorian Gray Jul 2023 #60

It's the standard practice for nearly all retirement plans, orthoclad Jul 2023 #62

Exactly Dorian Gray Jul 2023 #63

Fucking Biden. Look what he did! Sleepy ass, old coger needs to resign for the "damage" he's done! AZLD4Candidate Jul 2023 #5

Bingo geardaddy Jul 2023 #9

It's actually...but, but, but, her emails! Escurumbele Jul 2023 #33

"Codger". nt BlackSkimmer Jul 2023 #13

Everyone forgot what happened in october 1987. jimfields33 Jul 2023 #16

I didn't know it was around in 1897 Yellowdog-1966 Jul 2023 #49

I misread the date in the OP Sympthsical Jul 2023 #71

He-ah now, pardnuh, hold 'er reyet theyuh, yore shore gittin' mitey close to, jaxexpat Jul 2023 #22

Should I take my RMD for the year? nt DURHAM D Jul 2023 #6

I think we're having an overshoot on the upside and it could last several months bucolic_frolic Jul 2023 #7

Yeah, we tax-and-spend, woke liberals pretty much destroyed the economy, didn't we? SpankMe Jul 2023 #8

Must be the delayed effect of Trump's policies Pinback Jul 2023 #11

Of course! LymphocyteLover Jul 2023 #18

Greed is good Backseat Driver Jul 2023 #10

Just bought some bread so I'm off to the circus Kennah Jul 2023 #14

Entertainment and lifestyle vices are so entertaining Backseat Driver Jul 2023 #25

We keep pumping money into the casino orthoclad Jul 2023 #65

Investing is greedy? brooklynite Jul 2023 #20

I'm sure there will be an argument for why it is Dorian Gray Jul 2023 #64

Bidenomics Baby! gab13by13 Jul 2023 #12

I'm glad the dow is up, but I'm wary of giving credit, or blame, to a president onenote Jul 2023 #57

I'm so old I remember when the Dow was flirting with ending the trading day at 2000. OMGWTF Jul 2023 #15

Simple rule. multigraincracker Jul 2023 #17

Wrong. brooklynite Jul 2023 #21

And some want to go back to trump/republican economics. republianmushroom Jul 2023 #19

1897?? BadgerMom Jul 2023 #23

Not sure this is as impressive as it may seem. sdfernando Jul 2023 #24

Someone correct me if I'm wrong wryter2000 Jul 2023 #27

Clinton said trickle down doesn't work Beastly Boy Jul 2023 #50

I knew about their economic bills wryter2000 Jul 2023 #79

And most of the rich will STILL vote repug. Ferrets are Cool Jul 2023 #28

As usual Bear Creek Jul 2023 #29

It actually does good for a lot more than 1% of us. Old Crank Jul 2023 #30

Not really Bear Creek Jul 2023 #31

Believe what you will Old Crank Jul 2023 #32

I am also in that category, as many are. babylonsister Jul 2023 #34

Again Bear Creek Jul 2023 #38

Miniscule? Zeitghost Jul 2023 #41

That's why they created IRAs etc, orthoclad Jul 2023 #59

Yes, that's the idea Zeitghost Jul 2023 #66

It's not about us making more money - orthoclad Jul 2023 #67

SSI + IRA SSI Zeitghost Jul 2023 #69

Absolutely Bear Creek Jul 2023 #74

They want to use our savings as a mass orthoclad Jul 2023 #77

the 1% thing doesn't tell the whole story, as you said WarGamer Jul 2023 #46

And when most people suffer through recessions, orthoclad Jul 2023 #61

Stock ownership is concentrated among the wealthy and white progressoid Jul 2023 #42

What do you mean by miniscule? Compared to what? SYFROYH Jul 2023 #40

Overall Bear Creek Jul 2023 #48

The stock market affects EVERYONE, one way or another WarGamer Jul 2023 #45

Not really Bear Creek Jul 2023 #47

Another twist not mentioned BlueIn_W_Pa Jul 2023 #53

The stock market IS taxed. We pay a significant amount of Capital Gains Tax every year. brooklynite Jul 2023 #55

Is that because of your wealth? BannonsLiver Jul 2023 #68

We've done very well investing since we got married and held Govt jobs... brooklynite Jul 2023 #72

Damn those Union Pension Funds cashing in on a bull market..... brooklynite Jul 2023 #56

I think there's a typo in the headline. summer_in_TX Jul 2023 #35

ouch -235 today WarGamer Jul 2023 #36

And the streak ends. former9thward Jul 2023 #37

The stock market Bear Creek Jul 2023 #39

+1 progressoid Jul 2023 #43

But but but the Slobfather said that the stockmarket would crash if Biden won malaise Jul 2023 #44

And some of his cult probably dumped their stocks. Of course, the same is true onenote Jul 2023 #52

Not all professionals DFW Jul 2023 #70

Friday: Dow up another 153..... brooklynite Jul 2023 #51

looks like you jinxed it :) garybeck Jul 2023 #58

Yes: The Dow sinks, snapping its longest run since 1987 Celerity Jul 2023 #78

Friday Dow midday edhopper Jul 2023 #73

Uhhh.... Friday midday, Dow is UP over 200. onenote Jul 2023 #75

You are right edhopper Jul 2023 #76