How bad would it be?
I don't know but if it takes a downturn, i want to see Trump squirm.
Good question.. I’ve considered it a combination of the Obama recovery & the trump tax redistribution that’s been fueling it. I suspect it’ll cool down ...and wait for the mid-term results. It goes in cycles, the longer before a downturn, the deeper the downturn.
My feeling is that the rally is based on HOPE that Trump's policies will have a net positive effect on the economy. I think it will likely continue at least a good way into 2018 on this assumption.
If Trump's policies turn out to be a disaster financially or he finally does something that even his most dedicated supporters condemn, a crash will ensue.
Hmmm... ild be a millionaire if i would of left it there. Fear kept me from leaving it. I've lost tons of money before. I thought for sure it was going to collapse when Trump won.... damn!
You’re not alone, if I read you right. One of the wealthiest people I know removed the bulk of their assets from stocks with the election of trump ...apparently a year too soon.. Though they’ll not be hurting.
Same here---I completely over-reacted when Trump won, forgetting that the stock market is entirely amoral.
@ClaireMilner I did too, I had to talked into getting back in. Much more conservative this time though.
I sold everything between the election and the coronation and reinvested it in annuities. But the downturn is inevitable, and as one person told me about my leaving the market, "Better a year early than a day late."
@BikerDude50 i hear what you say. I feel i screwed myself in a way. My buddies that took the chance are doing rather well. It just pissed me off that it jumped that much and I didn't make the killing they did....grrr.
@BucketlistBob Frankly, my investments weren't doing all that well anyway, but yeah, I too think about what I could be missing out on now. That said, my wife was the economist, and she's gone. And I suck at gambling, and that's basically what the market is now--betting on when tRUMP is going to crash the economy. A year from now, I doubt either one of us will have any regrets.
@BikerDude50. Cool brother!
My stocks are long gone. If tRUMPis imepached or Mueller finds more guilty parties close to tRUMP than I think that is possible.