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Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

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  • #151
    Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

    Originally posted by aparch View Post
    Best thing I saw this morning on Twitter regarding the stock sell off was that "your 401k is just like your face, don't touch it!!"


    *edit* Also, I feel like I bumped up my contribution rate at a good time last week. Thanks all who assuaged me and my 401k questions a few weeks ago.
    I'm quite literally too old for this sh-t. I went heavy bonds after Dump's first year. I have a feeling the day has arrived when that pays off.

    The oil war and ensuing global depression isn't going to help my international equities any though. Oh well. It's only money and I'm past draft age.

    Were I in my 20s I would be... concerned... about the next few decades.

    And very, very angry.
    Cornell University
    National Champion 1967, 1970
    ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
    Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018, 2019, 2020

    Comment

    • #152
      Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

      Originally posted by Kepler View Post
      I'm quite literally too old for this sh-t. I went heavy bonds after Dump's first year. I have a feeling the day has arrived when that pays off.

      The oil war and ensuing global depression isn't going to help my international equities any though. Oh well. It's only money and I'm past draft age.

      Were I in my 20s I would be... concerned... about the next few decades.

      And very, very angry.
      This week has been just a perfect storm of ****bags through a snowblower.

      Coronavirus pandemic
      Generational oil wars
      Historically cratering bond yields (30-year sub 1%?!? That's ****ed man...)

      I don't like it.
      Code:
      As of 9/21/10:         As of 9/13/10:
College Hockey 6       College Football 0
BTHC 4                 WCHA FC:  1
      Originally posted by SanTropez
      May your paint thinner run dry and the fleas of a thousand camels infest your dead deer.
      Originally posted by bigblue_dl
      I don't even know how to classify magic vagina smoke babies..
      Originally posted by Kepler
      When the giraffes start building radio telescopes they can join too.
      He's probably going to be a superstar but that man has more baggage than North West

      Comment

      • #153
        Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

        Originally posted by French Rage View Post
        Bull market is at 11 years to the day today, will it stop there?
        Is it? We've had a couple indices drop 20% a couple times since then.
        Code:
        As of 9/21/10:         As of 9/13/10:
College Hockey 6       College Football 0
BTHC 4                 WCHA FC:  1
        Originally posted by SanTropez
        May your paint thinner run dry and the fleas of a thousand camels infest your dead deer.
        Originally posted by bigblue_dl
        I don't even know how to classify magic vagina smoke babies..
        Originally posted by Kepler
        When the giraffes start building radio telescopes they can join too.
        He's probably going to be a superstar but that man has more baggage than North West

        Comment

        • #154
          Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

          This aged well: https://twitter.com/EricTrump/status...78845719818242

          Cornell '04, Stanford '06

          KDR

          Rover Frenchy, Classic! Great post.
          iwh30 I wish I could be as smart as you. I really do you are the man
          gregg729 I just saw your sig, you do love having people revel in your "intelligence."
          Ritt18 you are the perfect representation of your alma mater.
          Miss Thundercat That's it, you win.
          TBA#2 I want to kill you and dance in your blood.
          DisplacedCornellian Hahaha. Thread over. Frenchy wins.

          Test to see if I can add this.

          Comment

          • #155
            Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

            THe last hour of trading today is going to be something else...
            Code:
            As of 9/21/10:         As of 9/13/10:
College Hockey 6       College Football 0
BTHC 4                 WCHA FC:  1
            Originally posted by SanTropez
            May your paint thinner run dry and the fleas of a thousand camels infest your dead deer.
            Originally posted by bigblue_dl
            I don't even know how to classify magic vagina smoke babies..
            Originally posted by Kepler
            When the giraffes start building radio telescopes they can join too.
            He's probably going to be a superstar but that man has more baggage than North West

            Comment

            • #156
              Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

              Originally posted by dxmnkd316 View Post
              Is it? We've had a couple indices drop 20% a couple times since then.
              Have we? I don't think the Dow or S&P have gone down a full 20%, though they have had some dips. Everything I google says it's been the Obama Bull Market since 2009.

              Cornell '04, Stanford '06

              KDR

              Rover Frenchy, Classic! Great post.
              iwh30 I wish I could be as smart as you. I really do you are the man
              gregg729 I just saw your sig, you do love having people revel in your "intelligence."
              Ritt18 you are the perfect representation of your alma mater.
              Miss Thundercat That's it, you win.
              TBA#2 I want to kill you and dance in your blood.
              DisplacedCornellian Hahaha. Thread over. Frenchy wins.

              Test to see if I can add this.

              Comment

              • #157
                Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

                Originally posted by French Rage View Post
                Have we? I don't think the Dow or S&P have gone down a full 20%, though they have had some dips. Everything I google says it's been the Obama Bull Market since 2009.
                Kinda sorta.
                https://en.wikipedia.org/wiki/List_o...d_bear_markets

                Dec 2018 was dam close.
                2015 probably came close.
                2011 certainly.
                Code:
                As of 9/21/10:         As of 9/13/10:
College Hockey 6       College Football 0
BTHC 4                 WCHA FC:  1
                Originally posted by SanTropez
                May your paint thinner run dry and the fleas of a thousand camels infest your dead deer.
                Originally posted by bigblue_dl
                I don't even know how to classify magic vagina smoke babies..
                Originally posted by Kepler
                When the giraffes start building radio telescopes they can join too.
                He's probably going to be a superstar but that man has more baggage than North West

                Comment

                • #158
                  Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

                  Originally posted by dxmnkd316 View Post
                  Kinda sorta.
                  https://en.wikipedia.org/wiki/List_o...d_bear_markets

                  Dec 2018 was dam close.
                  2015 probably came close.
                  2011 certainly.
                  Looks like 2011 was for S&P but not for Dow. And headlines still like to look at Dow over S&P (which is kinda dumb). Others came close but not the full 20%.

                  Cornell '04, Stanford '06

                  KDR

                  Rover Frenchy, Classic! Great post.
                  iwh30 I wish I could be as smart as you. I really do you are the man
                  gregg729 I just saw your sig, you do love having people revel in your "intelligence."
                  Ritt18 you are the perfect representation of your alma mater.
                  Miss Thundercat That's it, you win.
                  TBA#2 I want to kill you and dance in your blood.
                  DisplacedCornellian Hahaha. Thread over. Frenchy wins.

                  Test to see if I can add this.

                  Comment

                  • #159
                    Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

                    Originally posted by French Rage View Post
                    Looks like 2011 was for S&P but not for Dow. And headlines still like to look at Dow over S&P (which is kinda dumb). Others came close but not the full 20%.
                    Gotcha. I see where you're coming from and agree with your original categorization then.
                    Code:
                    As of 9/21/10:         As of 9/13/10:
College Hockey 6       College Football 0
BTHC 4                 WCHA FC:  1
                    Originally posted by SanTropez
                    May your paint thinner run dry and the fleas of a thousand camels infest your dead deer.
                    Originally posted by bigblue_dl
                    I don't even know how to classify magic vagina smoke babies..
                    Originally posted by Kepler
                    When the giraffes start building radio telescopes they can join too.
                    He's probably going to be a superstar but that man has more baggage than North West

                    Comment

                    • #160
                      Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

                      HE WARNED US.

                      “Demolish the bridges behind you… then there is no choice but to build again.”

                      Live Radio from 100.3

                      Comment

                      • #161
                        Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

                        How's your 409k?

                        Comment

                        • #162
                          Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

                          Originally posted by ticapnews View Post
                          How's your 409k?
                          9 > 1, stop laughing.
                          Cornell University
                          National Champion 1967, 1970
                          ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
                          Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018, 2019, 2020

                          Comment

                          • #163
                            Originally posted by aparch View Post
                            Best thing I saw this morning on Twitter regarding the stock sell off was that "your 401k is just like your face, don't touch it!!"


                            *edit* Also, I feel like I bumped up my contribution rate at a good time last week. Thanks all who assuaged me and my 401k questions a few weeks ago.
                            You're welcome. Basically, anyone not retiring within the next decade or so should probably be increasing their contributions. First, to make up for the losses. Second, to increase the number of shares you do own for the next bull market.

                            Comment

                            • #164
                              Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

                              Closing bell. -2,021.27

                              Cornell University
                              National Champion 1967, 1970
                              ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
                              Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018, 2019, 2020

                              Comment

                              • #165
                                Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

                                Originally posted by FadeToBlack&Gold View Post
                                You're welcome. Basically, anyone not retiring within the next decade or so should probably be increasing their contributions. First, to make up for the losses. Second, to increase the number of shares you do own for the next bull market.
                                They don't have to increase their contributions. Buy in at the same rate as before -- with lower prices they get more shares hence more of a base to build from.

                                The market. It's magic.
                                Cornell University
                                National Champion 1967, 1970
                                ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
                                Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018, 2019, 2020

                                Comment

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