Old Man Jingles
Rat out of a cage
Like I said!
DOW 30000
- Thread starter newfie
- Start date
Up In Smoke
Well-Known Member
If Biden wins, there will be a massive stimulus bill, probably north of 2 trillion that will give the market a (sugar) boost. Gains will be substantial but short lived until budget talks.
oldngray
nowhere special
Market almost always rebounds after an election no matter who wins. But if its Biden expect a later big selloff.
olroadbeech
Happy Verified UPSer
just put 20k back into the market.
watdaflock?
Well-Known Member
Sure you did.
olroadbeech
Happy Verified UPSer
joining the crowd , clown?
yup. added 20k to my vanguard brokerage acct. 10 to the S&P 500 index fund and the other 10 to a G&I index fund.
better than the 2 % I was getting at the credit union.
olroadbeech
Happy Verified UPSer
in the last 4 years our portfolio grew by about 70% and we are conservative investors being retired.
Jumpin Jack Flash
Troll
A massive stimulus bill of $2.2 trillion like Trump signed into law? He was so proud he mailed letters! Trump obviously gave the market a sugar boost. Trumps gains were short-lived.
Never feel like you're responding to Pinocchio?
Wally
BrownCafe Innovator & King of Puns
SELL, SELL. SELL!
You mean the stimulus package the Democratic controlled House passed?
Babagounj
Strength through joy
If Biden wins, invest in China owned companies.
If Biden wins they'll all be eventually.
Old Man Jingles
Rat out of a cage
It depends on what happens in the Congress and Senate.
If DemWits win both houses then you are correct.
Old Man Jingles
Rat out of a cage
About the same in mine ... I timed in and out of the market which is normally a loser move but it's worked well this year.
I'm up 21% so far in 2020 but I'm sitting about 60% in cash (Fed Sec) at the moment.
I may get back in with 50% that's in Fed Securities on November 4th.
I've been lucky so far this year and I believe in staying in the market.
Wally
BrownCafe Innovator & King of Puns
Buy big oil. The green raw deal will kill production and crude will become scarce. The price will skyrocket.
olroadbeech
Happy Verified UPSer
we have everything on autopilot. been lucky havent had to touch the 401k or IRA's since retiring.
also our real estate holdings have skyrocketed in the last couple years.( Lake Tahoe ) .probably unsustainable but people are fleeing the cities to live here ( covid ) and many IT companies let employees work from home.
Vanguard has very good low cost Index funds. Just checking the other day when we moved the 20K , this year we are up about 15% all across the Vanguard funds. Some much higher than others of course. Real Estate was much higher and contains about 25 % of our portfolio. A little high for me but in for the longhaul.
Kids are getting it all anyways so we don't care what happens to it. Our properties are all paid off. The only concern is if they recall Prop 13 in California. Plus . due to all the wildfires, people all around here are being dropped by the insurance companies.
Jumpin Jack Flash
Troll
Again, the President signed the Bill into law. For the rest of history it’s Trump’s CARES Act. He could have vetoed and separated himself. Instead he rejoiced and mailed letters on taxpayers.
And? It was a bipartisan bill sent to the president to sign.
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