North Korea readies massive anniversary celebration
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84
Dow Headed for Worst April Since 1932 - Always Winning: Tired of Winning!
Those who try to time the market by sitting on enough cash set aside for investment to make a significant difference in their financial future often end up missing the biggest up days. And missing just a handful of those, often the six, seven, or ten best days in a year or during a multi year bull run, can drastically reduce long term returns, often by half according to a JP Morgan research study. For instance, JP Morgan Asset Management’s 2019 Retirement Guide illustrates the impact of missing the market’s best days. They found that over a 20 year period from January 1, 1999, to December 31, 2018, an investor who missed the ten best days in the stock market would have seen their overall return cut in half. Specifically, a ten thousand dollar investment would have grown to 29,845 dollars if fully invested, but only to 14,895 dollars if the ten best days were missed. So when someone right now says they are “waiting to buy the dip,” it usually means one of two things: 1- They were smart enough to get out when Trump took office, locking in the massive gains they achieved during Biden’s presidency, and are now sitting in cash waiting for Trump to tank the market. If they are Trump supporters though, then most likely they were not smart enough to do that. 2- So more likely, they never got in at the right time during the last bull run, missed out on major gains, and are still trying to time the market, hoping to catch the perfect entry point and will most likely miss the next bottom too. The question is, which boat are you in if you see this as a buying opportunity? And if you are mostly invested and only have a small amount set aside for a crash, then buying the dip now is not going to be a life changing event for you anyway. -
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Trump’s inner circle weighs push for higher taxes on millionaires
President Donald Trump’s inner circle is weighing whether the White House should back raising taxes on Americans earning more than $1 million per year as part of the GOP’s 2025 tax legislation, according to two administration officials and three other people briefed on the matter. While the prospect of a tax hike has gotten a largely chilly reception among Republicans on Capitol Hill, Vice President JD Vance and budget director Russell Vought have expressed openness to the idea in internal administration deliberations and are viewed as supportive, said the people, who spoke on the condition of anonymity to describe private talks. Stephen K. Bannon, who served as the president’s chief strategist during his first term, has been publicly urging Trump to endorse the plan in part as a way to defang Democratic attacks on the GOP as the party of the rich. https://archive.ph/32WBl -
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Dow Headed for Worst April Since 1932 - Always Winning: Tired of Winning!
Now that's bravery. Bravo. -
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Economy US Tariff Hike Shakes Southeast Asia's Solar Industry, Thailand Among Hardest Hit
If America simply reduced its import needs from Thailand to the level of Thailand exports to America, there would be trade parity according to Trump's trade "formula." But Trump doesn't do "negotiations," he does anger and ego. -
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Dow Headed for Worst April Since 1932 - Always Winning: Tired of Winning!
I'll go one better. I'll launch another positive topic about the Trump administration -
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