This Biden stock market free fall is getting old.

[Walt Longmire]

Another day of big losses. Yet commodity prices continue to climb. It's gonna be a wild ride.

[Batesmotel]

12 minutes ago, Walt Longmire said:

Another day of big losses. Yet commodity prices continue to climb. It's gonna be a wild ride.

This is engineered. 

[Peng]

The really cool thing here is, this has all been on low volume.  Not a single day of heavy volume selling so far in 2022.

It has not really started yet, because heavy volume is what ends the trend.

Hang on to your butts folks.

[minderasr]

I know people at work who were about to retire that have decided to postpone.  I too was hoping to retire at the end of the year, but my investments have taken an absolute beating.  Creepy Uncle Joe is doing a real number on us.  I know the market swings tend to be cyclical.  But I sure hope we can recover from this mess before my number is up.

[janice6]

2 hours ago, minderasr said:

I know people at work who were about to retire that have decided to postpone.  I too was hoping to retire at the end of the year, but my investments have taken an absolute beating.  Creepy Uncle Joe is doing a real number on us.  I know the market swings tend to be cyclical.  But I sure hope we can recover from this mess before my number is up.

Democrats will blame anyone and anything before they will accept the blame themselves.  They screw up the economy when they play with it and then say that they have no way to fix it.

[Walt Longmire]

22 minutes ago, janice6 said:

Democrats will blame anyone and anything before they will accept the blame themselves.  They screw up the economy when they play with it and then say that they have no way to fix it.

They are ruining the economy and America on purpose.

[DAKA]

10 minutes ago, Walt Longmire said:

They are ruining the economy and America on purpose.

Brandon & Co aren't smart enough to be doing this  ....Who  (whom)  ????   

[LostinTexas]

It is all going as planned. Welcome to the New World Order.

It will get very ugly at this point before any improvement is seen, and that is getting more evident every day. I really hoped not, but hope is waning fast.

[minderasr]

On 5/27/2022 at 1:20 PM, DAKA said:

Brandon & Co aren't smart enough to be doing this  ....Who  (whom)  ????   

The far left.  It's all part of the plan.

Take over education.  Remove history from the curriculum.  Fill young minds with the glory of communism/socialism.  Create an entire generation of useful idiots. (This has been going on for decades, right under our noses)

Remove oil from the equation, making way for the green new deal, regardless if a viable alternative is in place or not.  Nuclear energy would have been a perfect alternative, but the zealots put the kybosh on that.  Solar and wind, while attractive on paper, are NOT viable alternatives.

Open the borders, make America a third world nation.

Bankrupt the country.  Make everyone dependent upon the government.

Cede power to global initiatives such as the UN and WHO.

 

I'll give you one guess who's bankrolling all this nonsense.

[ChuteTheMall]

Dow closed at 33, 212.96  on 5/27/2022

Dow closed at 33, 290.08 on 6/13/2021

Dow closed at 34. 529.45 on 5/28/2021

Ready to panic?

29982.62 on 1/29/21

26501.60 on 10/30/20

24206.86 on 5/19/20

22686.22 on 1/3/19

22057.37 on 9/11/17

21008.65 on 5/31/17

If you're losing money on your LONG TERM DIVERSIFIED investments, perhaps you should seek better professional management, who don't claim to beat the market.

https://finance.yahoo.com/quote/^DJI/history

[ChuteTheMall]

[janice6]

On 5/27/2022 at 8:48 AM, minderasr said:

I know people at work who were about to retire that have decided to postpone.  I too was hoping to retire at the end of the year, but my investments have taken an absolute beating.  Creepy Uncle Joe is doing a real number on us.  I know the market swings tend to be cyclical.  But I sure hope we can recover from this mess before my number is up.

Don't be too discouraged. 

When I retired I weathered two recessions at the time of retirement and survived. 

My investments replaced my 401K, since they recovered more quickly afterwards.  My stocks started with a $10K investment and now surpass the total of all of my retirement monies.  Be patient and do plan on having a long life after retirement.  Life is good.  Politicians are bad!

Retirement has been less costly than I thought so it'll be good.

This too shall pass!

[railfancwb]

A book published in the early 1970s by John Train - Dance of the Money Bees - gave me some insights still valuable to me today.

One idea was to select ten companies which seem solid and buy $1,000 of stock in each. Then set the shares aside and ignore the companies and their stocks. In due course, one maybe two will have gone bankrupt, six or so will be doing OK, and the remaining one or two will have gone through the roof.

Kindred strategy: when tempted to “do something” sitting on one’s hands is often the best thing to do.

Not at all surprising, the investment suggestions (every investment book MUST make suggestions) were out of date well before the book was in stores. However, the methodology leading to the suggestions was explained and worth consideration.

The book was reprinted, maybe with updates, some years later.

If this intrigues you, try your local library - probably will require an inter-library loan. Or check eBay, Amazon, and Abebooks for a used copy. 

[janice6]

the best thing I have learned about money is:  Invest it - Don't **** with it!