We sold our stock holdings in 2006.
We have property and cash.

We have not lost anything.

This looks like a real Bear Market.

... got a big payday, it was from a tip. I got out of the big casino once I became risk adverse, about the same time you did.

I'd really like to know the actual effect of dividends and the lower tax rates on stock income on consumer pricing.

It's amazing how corporations have their cake and eat it by liquefying their equity and being sure to spread it out thin enough to maintain control of the business.

... VA. My wife being "set" has helped, too.

I call it a lottery.

People do not actually know what a good stock to nuy.

... a fixed one.

They can’t come crash on my couch.

Sums up the Trump regime quite well

Trump needs to go. Today.

That is where the wealthiest remove the upstarts below them. Where simple Billionaires become millionaires, and millionaires become the new middle-class.
And multi-billionaires become the "Gods on Earth"

...he'll be gone.

There are really only two viable scenarios.

1). Dems pick up enough seats in the midterms to impeach / convict / remove, OR

2). Republicans feel their own self-interests are at stake and the only way to remain in power is to emancipate themselves from Trump.

...and BOTH could happen simultaneously.

Last edited Fri Apr 4, 2025, 11:36 AM - Edit history (1)

Here’s how I envision it: someone in history has had the most ghastly, excruciating, incomprehensibly awful death. When Trump dies, I want that person to say, “Whew, I’m glad I’m not him.”

This is a long term game to these billionaires. They do not care about their net worth fluctuating, they care about remaking America into a place where their power is absolute and permanent.

The last 4 years were a battle between the billionaire class and the rest of us. Joe Biden delivered the biggest gains for working people that the country had seen since WW2, the billionaire class took note and banded together to put a stop to it. Their worst nightmare was unfolding before thier eyes under Joe Biden, workers were demanding and often times getting closer to their fair share. All of the 40 years of Reaganomics were under threat, the middle class was threatening to be reborn because of Biden's policies. That was the uniting factor around Trump and Trump is delivering on his promise to them to not just claw all the gains back over time, but take them all in one hail of chaos.

Their dream is back on track, the dream that only the billionaires get to enjoy the riches of the American economy. That the rest of the country, by and large, works for the bare necessities, and is terrified of losing their jobs so they are willing to take less and less. The social safety net gone so workers have no security. Retirement is also on their list, retired people collecting social security are of no use to the billionaire class, you work until you drop dead in their plan.

We are heading towards the Russian model for wealth. A country where about 115 insanely rich oligarch families control nearly everything and everyone else lives in squalor. That's what Bezos, Zuckerberg, Musk, and the rest want more than anything else. Unchallenged power so they can playb their little games of world domination.

Last edited Sun Apr 6, 2025, 05:32 PM - Edit history (1)

Those guys have the cash on the sidelines, and are just waiting for things to crash, so they can swoop in and buy it all at bargain-basement prices. Then they fix up to their specs so that they rake in the profits, and the rest of us become their serfs. Without education, without job security, without health security, without financial safety net, we will be at their mercy, workers for life. I call it the "superhighway to serfdom."

I always shake my head when people post Tesla stock price dropping in threads, as if Musk spends even 1 split second of his day thinking about his net worth or the price of Tesla stock.

Musk does not care about being rich, Musk cares about power. Being rich is a way to get that power. He famously cares very little about material possessions, he doesn't own a bunch of giant homes,he doesn;t have jewelry, or $1M cars. Musk cares only about reshaping America so he sits alone at the top and the rest of us work for him, to fulfil his dreams and hopes, not their own. He's a literal madman and a sociopath. He wants to ccontrol communications via his sattelites, he wants to go to Mars, and he doesn't care who dies or suffers to get him what he wants. He'd gladly see a billion people die if it meant he was a step closer to his own goals.

Where tonedeaf oligarchs are pulled from their beds by enraged pitchfork-bearing mobs. This ain't Russia, no matter what self-fellating fantasy they wank to.

Just like the love shown on 1/6.

Once they bankrupt the country - who is going to be buying their shit, or the shit from the companies they invest in.

aqua buddha's stylist, or just stuck a wet finger in an outlet.

has six bankruptcies, two impeachments, 34 felonies and botched Covid.

but they'll never sell their maga hats.

they're all in to crypto now. That's why Trump could care less about the stock market.

They will go down with the rest.

Then no, that'll go up relative. It might be a good move now for a few weeks.

Yes...the oligarchs need to be cut...use your imagination..

Trump's antics are driving stock prices down precipitously. What better time to buy stocks. When trump saves the planet with his cancellation of the tariffs the market has a remarkable recovery and the rich get richer.

I opened my computer and went to the election results and saw Trump won.

We started pulling back then, and further moved money into stable accounts on Monday.

Insider knowledge: If Trump starts talking about money, run in the opposite direction.

...but I suspect a lot of people's retirement savings are being wiped out too.

While the giant power toddler with the full diaper smashes everything with his big red plastic bat

also, mah BRAH-ligarchs out here buying the dip on TESLERS!! they even made a killing on the last dips they sez!!!!