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Old 02-05-2018, 02:46 PM   #21
Mitchrapp   Mitchrapp is online now
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jobs, capacity utilization, GDP, wages, Unemployment, consumer confidence, retail sales - the list of economic indicators more important than the Dow goes on and on.

Also, the Dow itself isn't very useful as a market indicator - it's a dollar weighted index of 30 stocks. The S&P 500 and the NASDAQ composite are much more useful indicators of than the Dow.
My one worry since I'm disabled don't mess with my social security or Medicare.
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Old 02-05-2018, 03:16 PM   #22
tomdalton22   tomdalton22 is online now
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My one worry since I'm disabled don't mess with my social security or Medicare.
are you able to work at all?
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Old 02-05-2018, 04:24 PM   #23
michchamp   michchamp is offline
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Why stock market go down more today?

should I sell my stocks?
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Old 02-05-2018, 05:10 PM   #24
Mitchrapp   Mitchrapp is online now
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are you able to work at all?
Nope.
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Old 02-05-2018, 05:16 PM   #25
michchamp   michchamp is offline
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Nope.
but as a good conservative, surely you'd be happy to give up the benefits you do receive from the state if it means the government can cut taxes for the wealthy again, right?
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Old 02-05-2018, 05:58 PM   #26
Spartanmack   Spartanmack is online now
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My one worry since I'm disabled don't mess with my social security or Medicare.
What if they can make either or both better? Social Security maybe not but even the Ryan plan called for leaving it unchanged for people over 55.

Last edited by Spartanmack; 02-05-2018 at 05:59 PM.
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Old 02-05-2018, 06:03 PM   #27
Spartanmack   Spartanmack is online now
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Nope.
physically unable or is it a situation where you lose all or part of your benefits if you do? If it's the latter, that's one way the system can be improved.
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Old 02-05-2018, 06:12 PM   #28
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Why stock market go down more today?

should I sell my stocks?
Actually, you should be looking for deals. Smart investors have already figured out their buy list.

. . . but to answer your question. Very much larger than normal market correction. If you listen to some economists, it is fear of inflation. It may be prudent to re-apportion a small percentage of holdings to some safer large cap, or bond funds.

. . .oh wait, I know the answer you wanted. Trump bad! :*)

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Old 02-05-2018, 06:18 PM   #29
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markets have been long overdue for a correction and here it is...
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Old 02-05-2018, 06:25 PM   #30
Spartanmack   Spartanmack is online now
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Actually, you should be looking for deals. Smart investors have already figured out their buy list.

. . . but to answer your question. Very much larger than normal market correction. If you listen to some economists, it is fear of inflation. It may be prudent to re-apportion a small percentage of holdings to some safer large cap, or bond funds.

. . .oh wait, I know the answer you wanted. Trump bad! :*)
it's not the fear of inflation itself, it's the fear that inflation will lead the fed to raise rates at a faster pace than advertised. Apple and a few other earnings disappointments didn't help matters. Maybe champ should buy iphones for his kids.

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