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All-In [48078]
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Have you or will you change your investment strategies if Biden wins?
Oct 15, 2020, 12:52 PM
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Just wondering what people's plans are on here or if you will just stay the same course no matter who wins.
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CU Medallion [60112]
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Stay the course.....as always
Oct 15, 2020, 12:54 PM
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I have about 6 more election cycles until I need to retire. So yeah, I dont really care about this one and I am not touching any of my investments due to an election cycle.
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All-In [48078]
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Re: Stay the course.....as always
Oct 15, 2020, 1:01 PM
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That's how I basically view things as well, but I am no expert and just wondering what others think.
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Oculus Spirit [83625]
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no - long term thinking***
Oct 15, 2020, 12:58 PM
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CU Guru [1405]
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Re: Have you or will you change your investment strategies if Biden wins?
Oct 15, 2020, 12:59 PM
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No. Anyone putting big money in the market right now is insane. And it has nothing to do with the election. The stock market rally is completely fake and is built on the Fed pumping trillions to artificially inflate stock prices. It can't go on forever and will come crashing down soon.
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Hall of Famer [24498]
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Maybe. Here's a scenario where it doesn't crash.
Oct 4, 2018, 7:23 AM
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I am assuming you are thinking it will crash because values are not supported by earnings. Is that actually the case? Let's say it is.
One of the reasons the values are high is that, as you say, with so much money being printed, and with inflation being currently contained mostly in the financial sector (interest rates dropping to near zero), all those dollars have to go somewhere, one of those places being equities. Bubble City.
But lets say that inflation moves out of the financial sector and into goods and services. As the price index rises, so does the number of dollars being recorded as sales and profit. As more dollars have to go to goods and services, there is less pressure on stock prices while the recorded profits rise to match stock values. Is a soft landing bought with rising prices. Like the covid induced recession that caused it all, it will be a massive transfer of wealth from the middle class to the ultra wealthy.
All that is a step down from a SWAG. Scientific Wild ### Guess.
The left, which loves to bang the drum of wealth inequity to justify raising taxes - the most irrational solution to an unidentified problem in history - never seems to catch on to the fact that govt induced financial fluctuations cause more wealth transfer than plain ol' greed. Both parties do it, and that is what needs to be stopped.
If Bill Gates is pushing for another multi trillion dollar "stimulus" package, you can bet he is the one being stimulated.
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All-In [48078]
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Re: Maybe. Here's a scenario where it doesn't crash.
Jan 6, 2018, 1:56 PM
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I don't see Bill Gates pushing to benefit himself at this stage.
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Hall of Famer [24498]
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One wouldn't think. But every ultra rich and powerful person
Oct 15, 2020, 11:17 PM
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has always wanted more, though the motivations change. And "Gates" was sort of a euphemism, though I suppose I didn't make that clear. When very wealthy and powerful people have lobbied the govt to take a huge financial or legal action, it hasn't typically been with you and me in mind. Washington, Jefferson, Franklin, et al put huge estates at risk. These people are sheltering theirs.
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Legend [16264]
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Solid stuff there.
Oct 15, 2020, 11:48 PM
[ in reply to Maybe. Here's a scenario where it doesn't crash. ] |
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The stock market will kick along fine as long as there's enough impetus and status quo to keep us from going over the edge on ourselves. Concentrations of wealth happen first in corporations, which continue to consolidate and present even stronger bulwarks against market free falls, and then of course those in the executive field of those behemoths.
When they're growing and innovating in a free market it makes for the best tales. When it gets fat, happy, and greedy, then stifles the innovations coming next, that's where it goes south.
On financial fluctuations, governments are innately too slow to lead on those. Mistakes take years to manifest. Maybe up until twitter, though. This has been new.
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All-In [26968]
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I don't have an investment strategy...
Oct 15, 2020, 1:06 PM
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I'll look at my 401(k) in about 20 years to see how it's done.
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Orange Blooded [2695]
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bearish on oil and gas
Oct 15, 2020, 1:42 PM
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getting into metals and minerals, solar
anything that could be an inflation hedge
***this isn't investment advice. You'd be a fool to think i knew anything AT ALL about investing, for real, lol.****
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Orange Blooded [2203]
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Re: Have you or will you change your investment strategies if Biden wins?
Oct 15, 2020, 2:02 PM
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Here is some sound advice. If Biden wins invest in Chinese companies but if he does not stay away from them or sale what you have if any.
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All-In [42301]
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I'll probably buy the same amount of booze.***
Oct 15, 2020, 2:03 PM
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Orange Blooded [2203]
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All-In [42301]
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Thanks, new neighborhood project.***
Oct 15, 2020, 2:13 PM
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Oculus Spirit [83164]
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90% of mine already in bonds, so no. If
Oct 15, 2020, 2:16 PM
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Dow drops to 25 or so, may add 10% to s&p.
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All-In [31938]
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Are you old?....
Oct 15, 2020, 3:54 PM
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you sound old.
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Lot o points [156102]
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Friend, once you’ve arrived in Valencia Lakes,
Oct 15, 2020, 11:28 PM
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Opportunity cost and unrealized upsides are just meaningless concepts for the masses to concern themselves over.
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All-In [47843]
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I may back off on equities. especially if the dems have both
Oct 15, 2020, 2:20 PM
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the house and the senate.
Cuz you KNOW Cryin Chuckie and Crazy Nancy will raise both individual and corporate taxes, the latter causing earnings to drop.
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110%er [9674]
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I've moved most of mine to safe havens already - mostly due
Oct 15, 2020, 2:28 PM
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to the pandemic. I'll reevaluate early in 2021. My decisions are mostly pandemic-driven and not whos-the-President driven...
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Orange Blooded [2203]
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Re: I've moved most of mine to safe havens already - mostly due
Oct 15, 2020, 2:35 PM
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If the dems control the WH, Senate and House. Silver would be a good investment. Those solar panel use a lot of silver in the electronics.
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CU Medallion [55851]
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Regardless who wins, stuff like gold, silver, and Bitcoin
Oct 15, 2020, 2:44 PM
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will probably go way up at times due to fear and uncertainty. The markets hate uncertainty.
One reason they have done fine over the past 3 years is no matter what stupid thing he said, the markets knew Trump was pro-business.
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All-In [49198]
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Maybe Ripple will finally take off***
Oct 15, 2020, 2:56 PM
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110%er [5712]
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Re: Have you or will you change your investment strategies if Biden wins?
Oct 15, 2020, 3:25 PM
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Pretty soon will start selling equities. If I can't find anything better to do, will just sit tight on it for a while...
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Orange Blooded [4365]
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All-TigerNet [12274]
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Paul Krugman?? He is the last person anyone should
Oct 16, 2020, 3:32 AM
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look to for rational economic advice. Krugman is an academic Keynesian who bases his economic predictions on his political biases instead of reality. If Krugman were a broken clock, he would still find a way to be wrong twice a day...
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Orange Blooded [4365]
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Re: Paul Krugman?? He is the last person anyone should
Oct 16, 2020, 9:04 AM
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tabby,
Yeah, those Nobel-prize winning economists - they're the worst.
You may not agree with his politics, but he backs up ALL of his positions with accurate data.
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Orange Blooded [2618]
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Re: Have you or will you change your investment strategies if Biden wins?
Oct 15, 2020, 6:19 PM
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No. There is zero difference between parties when it comes to Wall Street.
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All-TigerNet [12274]
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If you believe that the Democrats will win the Presidency,
Oct 16, 2020, 3:14 AM
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House and Senate, then pull your money out of the market now and invest it in guns and ammo. Because once the radical left are able to put forth their one party rule agenda there will come a day when guns and ammo are much more valuable than gold or any cash you manage to hide from the Democratic Socialist "social justice wealth redistribution" dictates...
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Legend [16264]
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Fortunately I still have my stockpile from 2008 around
Oct 16, 2020, 2:01 PM
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so I won't have to sell off anything this time around.
Keep fear alive.
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Hall of Famer [21992]
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All this ish going on in Washington is just cannon fodder
Oct 16, 2020, 8:58 AM
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the Street and the Fed will continue doing what they do. we'll get taxed more and those of us who know how to get around will do so, or certainly try our damndest. the middle class will get squeezed for a bit due to the change, but the intelligent ones will figure out a way to cope with it and keep pushing.
the ~10% fringes of society succumbing to the BS will be super excited their team won, and the rest of us will continue to work and provide for our families and do our part to keep the economy going.
there's going to continue to be pressure from Washington to keep the cost of dollars low, so there will be capital flowing in the markets which will lead to jobs / investment. the scumbags on the Street will skim their portions, and the asset bubbles will continue to grow as the fed now has too many fingers in the ### to move away.
I've seen some concepts of the Fed introducing digital currency directly to citizens. Wouldn't be shocked if we see some hints of trying to get there in the next democratic term, but don't see it actually happen until the 2030s
i'm pretty young, so my investment strategy is simply being aggressive and that won't change. the symbols themselves, maybe so, but stonks only go up bro.
only thing i've "changed" in the past 8 months or so is capex allotments to guns and ammo. that and getting TF out of Atlanta. planning to ride this cheap money train to find some alternative hard investments that will be more materially manageable (real estate, for example).
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All-TigerNet [12274]
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I certainly hope you are correct and that it is all
Oct 16, 2020, 10:08 AM
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political theater for the masses and things will be "business as usual" after the election. However, these are not normal times and the two political parties are NOT the same parties they were 8 years ago - particularly the Democratic Party where a rabid Marxist element has metastasized throughout its body/supporters.
Should the Democrats sweep into power capturing the Presidency, Senate and House, there will two "tells" to inform us if we are taking the Republic to a destination other than "business as usual". Both of these "tells" require abandoning over 150 years of tradition, custom, and accepted/respected norm.
First Tell: The Senate gets rid of the legislative filibuster rule which has been around since the early 1800's. Second Tell: The Democrats pass legislation creating additional Supreme Court seats with the express purpose of giving the court a decided left leaning majority - also known as "court packing".
If those two things happen we are embarking on a course in our country that is anything but "business as usual". This condition will create a complete one party rule environment where the legislation that is sure to follow will result in a market and civil society environment that is anything but normal.
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Hall of Famer [21992]
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business as usual means
Oct 16, 2020, 2:28 PM
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2 things:
1 - the Fed continues to prop up the economy through direct involvement (i.e. "Liquidity injections", "credit facilities", etc.) and their status quo monetary policy. Neither party has proven to do anything remotely close to blocking or changing this since 12/23/1913
2 - the government continues to side with large corporations who are playing with the Fed money they're injecting. Again, neither party has done anything to change this.
Here's American capitalism in a nutshell: Fed gives money to the Street. Street gives money to the corporations / shareholders. Shareholders invest enough to keep us busy. Shareholders/corporations lobby washington. rinse and repeat
we get all worked up on trivial issues while trillions get swept under the rug.
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All-In [26554]
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Probably invest in military contractors***
Oct 16, 2020, 12:35 PM
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Orange Blooded [2618]
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Re: Probably invest in military contractors***
Oct 16, 2020, 12:36 PM
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clemchem, not a bad idea. Both parties love their wars!
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Oculus Spirit [81249]
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I srsly thought about it.
Oct 16, 2020, 2:06 PM
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I talked to my financial adviser for about an hour this week throwing ideas back and forth. Ultimately, he talked me out of doing anything.
I'm not 100% sure it is the best move.
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Replies: 35
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