Best Of

@Amos_Umwhat said:
https://www.foxnews.com/media/flashback-30-years-ago-nancy-pelosi-demanded-congress-confront-chinese-tariffs-american-goods

One for the Democrats, I guess it's true, what goes around comes around

That was when the Chinese weren't giving money to the dems. Now that they are, they're our best friends, right?

Good points. In my humble opinion, the market is a gamble. Unless you have knowledge (insider trading) buy good quality companies or funds. I like Edward have a financial advisor who through the years has done really good for me. I am not smart enough to do it by myself.

Well put, Frank. One problem with getting elated at the market dropping, say 50% and the next year rising 50% is it takes a 100% rise from that level to end up where you started. That kind of drop, which happens in a depression sometimes, is that it takes much longer to rise back up. You are only half-way back.

@genareddog said:

@silvermouse said:
My retirement savings has dropped 10% in value in the last 2 days. Thanks.

Try to think positive Edward, it’s a great time to invest 😀

This is correct. There's no reason to even look when the market drops, other than to put yourself in a bad mood.

Six month graph:

Now let's zoom out to five years:

It will come back, it always does.

@silvermouse said:
My retirement savings has dropped 10% in value in the last 2 days. Thanks.

Try to think positive Edward, it’s a great time to invest 😀