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11-07-2018, 10:19 AM
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#1
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Full time employment: Posting here.
Join Date: Dec 2013
Posts: 774
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Correction is over
The third year of a presidents term is historically a bonanza for the stock market. My guess is S&P 3500+ is in the cards in the next 12 months. I know set your allocation adjust once a year & fugit about it
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11-07-2018, 10:23 AM
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#2
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2013
Location: ATL --> Flyover Country
Posts: 6,649
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What correction?
__________________
FIRE'd in 2014 @ 40 Years Old
Professional Retiree
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11-07-2018, 10:33 AM
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#3
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Full time employment: Posting here.
Join Date: Dec 2013
Posts: 774
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Your gonna put CNBC out of business with that attitude
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11-07-2018, 10:38 AM
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#4
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2010
Location: Sarasota, FL & Vermont
Posts: 36,204
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I found this interesting.
https://www.cbsnews.com/news/economy...y-hobson-says/
Quote:
CBS News financial contributor Mellody Hobson looked at midterm elections going back to the 1940s and found that for the year following every single midterm, the stock market was up. She also said the data showed the economy tends to do better under a split Congress.
"We have that saying, past performance is not a guarantee of future results, but that is the data, and interestingly, the better performing periods are periods where the houses were split in terms of leadership," Hobson said.
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__________________
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.
Retired Jan 2012 at age 56
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11-07-2018, 10:42 AM
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#5
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Full time employment: Posting here.
Join Date: Dec 2013
Posts: 774
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That's more than interesting. That's very actionable historical data. It's going according to plan. The Bernake bull has legs.
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11-07-2018, 10:49 AM
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#6
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Thinks s/he gets paid by the post
Join Date: Aug 2013
Location: North
Posts: 4,023
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__________________
Time > $$$ ~ 100% equities ~ FIRE @2031
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11-07-2018, 11:15 AM
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#7
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Thinks s/he gets paid by the post
Join Date: Mar 2012
Posts: 3,925
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2019 will likely be a down year and 2020 will be a down year. Nothing has really changed. The deficit is higher than ever, the debt is higher than ever, and interest rates continue higher. None of these items are likely to be addressed by the government - each will simply go higher and that is not a good recipe for the economy over the next one to two years.
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11-07-2018, 11:18 AM
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#8
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Full time employment: Posting here.
Join Date: Dec 2006
Location: chicago burbs
Posts: 806
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All I know is somebody will be right and others will be wrong.
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11-07-2018, 11:22 AM
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#9
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2013
Location: ATL --> Flyover Country
Posts: 6,649
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Quote:
Originally Posted by Free bird
Your gonna put CNBC out of business with that attitude
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Well, since they aren't part of GE anymore...they might be safe.
__________________
FIRE'd in 2014 @ 40 Years Old
Professional Retiree
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11-07-2018, 11:22 AM
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#10
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Dryer sheet wannabe
Join Date: Dec 2016
Posts: 13
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tomorrow it will be either sunny or cloudy
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11-07-2018, 11:30 AM
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#11
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Full time employment: Posting here.
Join Date: Nov 2015
Posts: 661
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In other news...water is wet and the sun will rise tomorrow.
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11-07-2018, 11:45 AM
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#13
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Thinks s/he gets paid by the post
Join Date: Aug 2017
Location: Champaign
Posts: 4,677
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It feels like a sigh of relief. Sunshine and rainbows once again.
__________________
"Do not go where the path may lead, go instead where there is no path and leave a trail."
Ralph Waldo Emerson
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11-07-2018, 12:34 PM
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#14
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
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Quote:
Originally Posted by Free bird
The third year of a presidents term is historically a bonanza for the stock market. My guess is S&P 3500+ is in the cards in the next 12 months. I know set your allocation adjust once a year & fugit about it
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If one is certain that the S&P will go up, the only logical AA is 100% stock.
Actually, one can do more than 100% by leveraging.
__________________
"Old age is the most unexpected of all things that happen to a man" -- Leon Trotsky (1879-1940)
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
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11-07-2018, 01:29 PM
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#15
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2008
Posts: 12,566
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This thread has a suspicious odor of "Whee" about it. Be careful!
__________________
If you understood everything I say, you'd be me ~ Miles Davis
'There is only one success – to be able to spend your life in your own way.’ Christopher Morley.
Even a blind clock finds an acorn twice a day.
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11-07-2018, 01:42 PM
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#16
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Full time employment: Posting here.
Join Date: Dec 2013
Posts: 774
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Gubment is back to blissful gridlock. Paying good money to people to do nothing. But nothing is always better than something if it means that the nothing prevents the something from getting in the way of the nothing. Do I have that right or wm I missing something?
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11-07-2018, 02:04 PM
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#17
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Thinks s/he gets paid by the post
Join Date: Jan 2010
Location: 5-sided building
Posts: 1,183
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Quote:
Originally Posted by Free bird
Gubment is back to blissful gridlock. Paying good money to people to do nothing. But nothing is always better than something if it means that the nothing prevents the something from getting in the way of the nothing. Do I have that right or wm I missing something?
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I think you've missed nothing. I tried to look for something, but I came up with nothing. Sincerely, 'nother gubment kontrakter.
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11-07-2018, 02:09 PM
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#18
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Full time employment: Posting here.
Join Date: Dec 2013
Posts: 774
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Quiet please I'm counting something. Before I was counting nothing. Who's on first?
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11-07-2018, 02:11 PM
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#19
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Thinks s/he gets paid by the post
Join Date: Sep 2006
Posts: 1,396
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11-07-2018, 02:15 PM
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#20
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Full time employment: Posting here.
Join Date: Dec 2013
Posts: 774
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Don't worry it didn't affect you.
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