JUST IN: Over $1.50 trillion was wiped out from the US stock market today.

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • Sanders
    Moderator
    • Oct 2024
    • 1525

    JUST IN: Over $1.50 trillion was wiped out from the US stock market today.

    Dude cuts interest rates and the stock market tumbles. Guess he wants to create more inflation for Trump.

    image.png
  • baboon
    Senior Member
    • Oct 2024
    • 876

    #2
    I was not a happy camper when I seen my meager 401K losses of -$7,058.31 (-2.11%)

    Comment

    • 4thIDvet
      Slug
      • Oct 2024
      • 1665

      #3
      I wonder how many people are jumping out of tall buildings windows? ☺
      The wealthy will be scrambling to buy tomorrow morning.

      Comment

      • aviator
        Administrator
        • Oct 2024
        • 2170

        #4
        What goes up must come down at some point, however, just 40some years ago the Dow was around 2000 points
        Sometimes I wish I had a Harry Potter's wand and make people go up into smoke.

        Comment

        • Retvet
          Moderator
          • Oct 2024
          • 570

          #5
          Originally posted by baboon
          I was not a happy camper when I seen my meager 401K losses of -$7,058.31 (-2.11%)
          Tell me about it. A little over $20,000 of mine gone. Pretty much wiped out all growth for the quarter and then some. Worst losing streak since Jimmy Carter.

          But hey, CONgress is trying to pass another porkulus spending bill to keep the federal bureacrats funded and give themselve a pay raise to boot.
          Last edited by Retvet; 12-19-2024, 06:36 AM.

          Comment

          • 44044
            Slug
            • Oct 2024
            • 682

            #6
            Now would be the time to buy…

            Comment

            • baboon
              Senior Member
              • Oct 2024
              • 876

              #7
              I hear Stellar coins are what to buy for a long term investment.

              Comment

              • Solid Snake
                Forklift certified
                • Oct 2024
                • 389

                #8
                Originally posted by baboon
                I was not a happy camper when I seen my meager 401K losses of -$7,058.31 (-2.11%)
                Unless you were planning on retiring in the near future, you haven't lost a dime.

                Comment


                • baboon
                  baboon commented
                  Editing a comment
                  I'm have been living on a disability check for 3 years now.
              • Johnny
                Senior Member
                • Oct 2024
                • 598

                #9
                Originally posted by aviator
                What goes up must come down at some point, however, just 40some years ago the Dow was around 2000 points
                I've ridden the stock market my whole life. I'm comfortable with the ups and downs. On Tuesday, I'm a millionaire. On Wednesday, I'm a pauper. Looking at long-term results, I've done well. Short-term fluctuations don't bother me a bit.

                Comment

                Working...