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Market is taking a hit.


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2 minutes ago, Nazipigdog said:

Its a good start, bout fucking time. :bc:

 

Damn right......not everyone is happy being a Barista at starbucks or a fucking twat counselor sucking on the government tit :lol: 

We need to make stuff and we need middle class jobs that pay well making that stuff......Henry Ford had it right 

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Just now, f7ben said:

Damn right......not everyone is happy being a Barista at starbucks or a fucking twat counselor sucking on the government tit :lol: 

We need to make stuff and we need middle class jobs that pay well making that stuff......Henry Ford had it right 

Sir , your company has to work in helping us protect the envirement , 

Ok, we can do that

Sir , your company has to pay workers decent salaries..

Ok , we can do that.

Sir , your company has to provide health insurance for your employees.

Ok , we can do that

Sir , you must do all that while competing in your own country with china.

Ok, well you can go fuck yourself.

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1 minute ago, steve from amherst said:

Sir , your company has to work in helping us protect the envirement , 

Ok, we can do that

Sir , your company has to pay workers decent salaries..

Ok , we can do that.

Sir , your company has to provide health insurance for your employees.

Ok , we can do that

Sir , you must do all that while competing in your own country with china.

Ok, well you can go fuck yourself.

Yah yah yah.......but Spin says not letting chinese slave made shit flood our shores is fucking the middle class :lol: 

Good post

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13 minutes ago, f7ben said:

Yah yah yah.......but Spin says not letting chinese slave made shit flood our shores is fucking the middle class :lol: 

Good post

Funny those "free market" assholes have been sticking that shit up our asses for 40 years now and look where it got us. Anyone with a fucking brain can see that was all bullshit. Its not "free market" when we allow their goods to come in for nothing or next to nothing and they are charging tariffs on our exports. And deliberately subsidizing certain commodities to undermine our domestic production. Thats the kind of shit we do when we want to tank foreign economies! :lol: 

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8 minutes ago, Nazipigdog said:

Funny those "free market" assholes have been sticking that shit up our asses for 40 years now and look where it got us. Anyone with a fucking brain can see that was all bullshit. Its not "free market" when we allow their goods to come in for nothing or next to nothing and they are charging tariffs on our exports. And deliberately subsidizing certain commodities to undermine our domestic production. Thats the kind of shit we do when we want to tank foreign economies! :lol: 

Exactly.....unfortunately there are so many partisan pieces of fuck that it just takes a few talking points and some fear mongering and everyone is against fixing it 

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19 hours ago, f7ben said:

I just think this trade thing is going to play out over the whole summer and there are many tantrums to come......I wouldnt be surprised if this coupled with rising rates etc had us testing some lower number than 23,500

No doubt.   There will be a ton of money to be made and lost with these little swings.

While I've thought interest rates have been way too low for way too long I think they need to be very careful bumping rates up too quickly.  We are struggling with suppliers being able to deliver BIG TIME.  Companies are cautious to add workers, can't do it fast enough or can't find them.   The economy will level off all on its own from what I'm seeing.    

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18 hours ago, ArcticCrusher said:

Its funny how people always seem to sell when the markets fall instead of buy.

Lots of automatic selling going on that makes these swings much worse than they really are.  

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3 minutes ago, Highmark said:

Lots of automatic selling going on that makes these swings much worse than they really are.  

I know, but someone placed the stop loss order etc.

Panic selling, from some on this site even.:lol:

 

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Great time if :

-you're risk averse or stressed about the market

-you are 55-64, or within 8-9 years of retirement

-you have at least 500k in investible assets

To put up to 30-35% of your money into a good variable annuity.  

Why?

Guaranteed minimum 5.5% compound annual rollup in value, if markets do better, that number goes up.  Daily highwater mark.

Joint life payout of 5.1% of that guaranteeded minimum withdrawal base-unti you and spouse dies.  5.6% if single payout.  Whatever is left goes to heirs.

 

People stressing over the markets or thinking they can time it. :lol: 

 

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52 minutes ago, Snoslinger said:

:lol: fucking wolfie.

It’s good general advice, especially if you’re one of those knuckleheads contemplating pulling money to the sidelines.   95% of the population isn’t even aware of what an annuity is or how they work.  Oh, and fuck off. :lol: 

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