51–60 of 214 posts
- Put 1/3 of it in now and the other 2/3 in when the next crash hits - Wait until it all goes to shit and put it all in then, keeping it in a high-yield savings account until then (they make about as much as CDs these days)
Would love to hear opinions!
Other people have covered how the Dow is a mediocre stock index. The other half is that 20k doesn't mean anything either. It's just a number calculated by the math-function of the index. The psychology is mildly fun, just like a 50th birthday may be more celebrated than a 49th. Round numbers appeal to us. But 20k dow says nothing more about the state of the economy than the 19.9 dow did a few days ago.
> But 20k dow says nothing more about the state of the economy than the 19.9 dow did a few days ago. It's not the 20k vs 19.9 it's a) the record high, b) the upward trend.
This is driven by expectations of Trump's deregulatory agenda. He says he's going to cut 75% of regulations. I can't believe this is happening. America is back people.
Depends which 75% of regulations he cuts. If he cuts EPA regulations and there is more pollution as a result of the increase in manufacturing this could result in more deaths in the long run. How about safety regulations get cut so manufacturing gets cheaper but more workers die in manufacturing plants, is that ok?
Trump for all his craziness is vehemently pro business. I know the whole tech crowd wants him to crash and burn but the stock market rising is no surprise to me. Whether it's worth the damage done to the poor and the environment is yet to be seen.
I think this might generally be correct however he seems to be more vehemently "Pro American Worker" and so far when that collides with his "Pro Business" stance the worker is currently winning. Attempting to get businesses to repatriate jobs is not necessarily a "pro-business" stance.
Remember when nearly the entire business media predicted that if Trump was elected the stock market would crash immediately? Some of my smartest friends (at hedge funds) placed large bets mid to late 2016 that the market would decline. Now here we are. The lesson isn't that Trump is awesome for the economy (maybe he is, maybe he isn't) or that the market won't crash tomorrow (maybe it will, maybe it won't) but rather…
I'm just a little confused about this though. If everyone thinks the market will decline due to Trump, then doesn't the market actually decline? What I'm saying is that apparently there were even more people making the opposite guess.
In one way, the more people that bought put protection on their stock portfolio created the bullish pressure that took weeks to unwind.
(When you buy puts, the market maker is going long the stock as their own hedge. most akin to a bookie)
If you had a bunch of money to put in the stock market, would you: - Put 1/3 of it in now and the other 2/3 in when the next crash hits - Wait until it all goes to shit and put it all in then, keeping it in a high-yield savings account until then (they make about as much as CDs these days) Would love to hear opinions!
And even if it does hit a real, inflation-adjusted high in the next few weeks, it won't mean much. The Dow is a seriously flawed stock index, and it's certainly not a good way to measure what's going on in the overall economy.
On today's show, we rain on the Dow's parade and explain why a lot of very smart people say we should ignore the Dow.
http://www.npr.org/sections/money/2013/03/12/174139347/episo...
The Dow Isn't Really At A Record High (And It Wouldn't Matter If It Were) http://www.npr.org/sections/money/2013/03/05/173515767/the-d...
Trump for all his craziness is vehemently pro business. I know the whole tech crowd wants him to crash and burn but the stock market rising is no surprise to me. Whether it's worth the damage done to the poor and the environment is yet to be seen.
Trump for all his craziness is vehemently pro business. I think this might generally be correct however he seems to be more vehemently "Pro American Worker" and so far when that collides with his "Pro Business" stance the worker is currently winning. Attempting to get businesses to repatriate jobs is not necessarily a "pro-business" stance.