Biden's Stock Market - 31,164 on Day 1.

[CHEEZY17]

I was told the stock market didnt matter when Trump was POTUS.
I was told it was all about regular folks and their cost of living expenses. I wonder how things like housing, food, gas and insurance are doing?

[Reservoir Dog]

I was told the stock market didnt matter when Trump was POTUS.

And you said it did.
So you should be thanking Biden, right?

[CHEEZY17]

I was told the stock market didnt matter when Trump was POTUS.

And you said it did.
So you should be thanking Biden, right?

It did and it still does as one indicator of overall economic health. I am happy the market is generally doing well. I would be happier and willing to give Shit Show more credit if he hadnt of insisted on that last round of stimulus that even his own advisors warned him against fearing the exacerbation of inflation. Which, of course, they were right about. Our stock market gains, while nice, mean less now because our money is worth less than it was.

The main problem for Shit Show and Knee Pads is that Americans dont pay their rent, mortgage, grocery bill, car insurance or electric bills with devalued stock market gains and those things are where inflation has remained stubbornly persistent.

[Animal]

it appears that the democrats learned absolutely nothing from $$ they spent buying votes 4 years ago. The stimulus package that was no longer needed and the $2500 checks they mailed out, etc. They couldn't understand then that it would lead to inflation and I guess they still can't figure it out after 4 years of proof.

so now they are doubling down on the same stupidity by promising $25,000 free money to buy a house, price fixing legislation, etc. its actually criminal how stupid they are about economics. Oh well, keep handing out free money to them. It all ends up in the hands of the wealthy as soon as they spend it and all they are left with are higher prices.

[necronomous]

The stock market doing well can be a sign of a good economy, sure, but it can also be a sign its about to pop a bubble. It depends on who's investing. If it's the people, good, if it's mostly the rich and big businesses, probably bad.

[Animal]

The stock market doing well can be a sign of a good economy, sure, but it can also be a sign its about to pop a bubble. It depends on who's investing. If it's the people, good, if it's mostly the rich and big businesses, probably bad.

The stock market has a built in performance generator that drives the market regardless of how well companies are doing. Every day, millions of $$$ of new money flood into IRA's, 401Ks, pension funds, savings accounts, etc. And all of that money either trickles into stocks or is dumped into mutual funds. Not because of how good or bad the market is doing, because that's the only place they have to invest it. We all know that prices are a function of supply and demand. These investments are the demand. We know the supply stays about the same. Its pretty simple math from there.

[Who]

Have the Foreign markets kept pace?

[Who]

How is the 47 market doing? Are we winning yet ?

[Who]

How is the 47 market doing? Are we winning yet ?

So much winning

[Biker]

How is the 47 market doing? Are we winning yet ?

So much winning

A good buying opportunity. smart ass bitch me for tips

[Burn1dwn]

[Who]

How is the 47 market doing? Are we winning yet ?

So much winning

A good buying opportunity. smart ass bitch me for tips

Another week and the market might crash, talk about deals

[Biker]

How is the 47 market doing? Are we winning yet ?

So much winning

A good buying opportunity. smart ass bitch me for tips

Another week and the market might crash, talk about deals

Youre not in the market so what do you care? As long as you continue to suck off the govt teet, you good af

[Reservoir Dog]

How is the 47 market doing? Are we winning yet ?

So much winning

A good buying opportunity. smart ass bitch me for tips

Another week and the market might crash, talk about deals

WINNING !!!!!

[CHEEZY17]

Some incredible buying opportunities. There are so many I want to pick up right now. This could be even better than the stuff I bought during the covid dip.

[Animal]

I am certainly not excited about the current stock market, but this thing has been due for support building. I like the shakeup and figure out how firm it really is. It certainly hasn't toppled, which is the best sign.

I have heard a few Trump people spouting off a date of April. Like we will start to notice changes in April, etc. Maybe they will get all of this shake up stuff done in a few weeks and the market can get back to some certainty,

[Who]

I am certainly not excited about the current stock market, but this thing has been due for support building. I like the shakeup and figure out how firm it really is. It certainly hasn't toppled, which is the best sign.

I have heard a few Trump people spouting off a date of April. Like we will start to notice changes in April, etc. Maybe they will get all of this shake up stuff done in a few weeks and the market can get back to some certainty,

I’m guessing today isn’t the day

[Who]

So much winning

[Biker]

So much opportunity

[Burn1dwn]

So much opportunity

I'll stay in my lane and admit I'm not an expert at investing in the stock market but are saying that this stock market news is good because you can buy stock at better prices now?

How does that help the people that already owned the stock?

[Burn1dwn]

I guess my question should have been, how does it help people that already owned stock and don't buy the dip?

[CHEEZY17]

I guess my question should have been, how does it help people that already owned stock and don't buy the dip?

It doesn't but it doesn't tangibly "hurt" them either; except on paper.
Our money that's in the market, isn't "real". It's only becomes "real" when someone cashes out or buys it through their paycheck contributions.
Ups and downs in the market are basically meaningless on a day to day or even week to week variable; unless you're a day trader I suppose. Your money is only tangible when you cash out. At that point, historically over time, you should have made a decent return. But yes, if someone were to "sell" everything right now they would get less than they would have a couple months prior.
Most people though don't really sell everything all at once.
In fact, there are penalties for early withdrawals (in a privately managed portfolio that wouldn't/couldn't stop someone from still selling everything though if they really wanted to). Most people will have their 401(k), pension or whatever and take an RMD (required minimum distribution) or whatever their monthly payment via their pension happens to be for them while everything remaining in their account rides out the fluctuations of the market for years and years. Historically, the dips will rebound and everyone will be happy again. Where the dips come in handy is for people that do have a desire and means to purchase stocks at a "discount". Admittedly that doesn't necessarily apply to everyone.

[Burn1dwn]

So dips only help people that already own but buy more at a discounted price (even though they lost "money" in the dip and are starting out behind) or didn't own before the drop. All on the confidence that it eventually be worth more later.

But it hurts people that are not in a position to buy more or don't have time to hold and wait for the recovery.

I'm guessing there are more people who can't buy more stock after a dip than can.

Not everyone is a housewife like Biker.

[CHEEZY17]

But it hurts people that are not in a position to buy more or don't have time to hold and wait for the recovery.

It only hurts them on paper unless they are selling everything they own right now. Most people aren't doing that though and the dip everyone is experiencing now will go up again. If you have a pension or 401(k) you really have no option BUT to hold. There are a few outfits that will let individuals manage their 401(k) contributions in a highly specific manner but realistically the overwhelming majority of all retirements are going to be institutionally managed via the mutual fund choices either the employer or employee choose. Those places are not liquidating everyone's pensions and 401(k)'s to send out a final check. They might be moving some things around in a temporary defensive manner but eventually it will go back into the market (unless someone wants to cash out and pay the penalties).

[Antknot]

Depending on timing, a dip could be good for somebody that has stock that has a dividend investment option. the dividend doesn’t vary as much as the stock price. So if you have as an example, a stock worth 10 bucks a shared and it pays the dividend then you can buy X number of shares at the $10 price. If the stock dips to five dollars a share when the dividend hits, your reinvestment equals twice the number of shares.