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SaintForLife
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RNC 2024 Milwaukee, Wisconsin
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I don't know if anyone else sat through this. It was odd. The energy was off. Trump was really subdued, and sweating.
He did remind me as his non fan, that my 401K did great for 3 years until Covid .
He did remind me that Russia behaved itself and we exported oil instead of imported it.
I DO feel that our enemies feared him and thus we were safer...better off.
Thanks for taking the time to respond I hope others will as well.Your 401k is still doing great. Better than ever unless you stopped investing.
Russia didn't "behave" itself during Trump's presidency. That's a fallacy, plus Trump bending the knee to Putin isn't strength. Also, we export more oil/natural gas today than ever.
Our enemies didn't fear Trump, they used Trump. Played him like a fiddle.
Thanks for taking the time to respond I hope others will as well.
My 401K tanked during Bidens first 2 years.
Its recovered now but doesn't compare to the rate of growth I saw during the first 3 years of trump's Presidency.
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Russia did not send troops into other countries during Trump's Presidency.
Your spin does not change that.
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Likewise your "played him like a fiddle" comment doesn't sway me.
Iran was weaker during Trump's Presidency. If Trump is in the White House in January they will within a year become weaker again.
I'm not aware of Iran's leadership wanting him back. Are you?Your 401k tanked during the last year of Trump's presidency. It has not tanked during Biden's presidency. In the first two years of Biden's presidency, it went up, then down. But now it's been up for the last 2 years. It's informing though how you perceive this and the omissions you make in order to make your conclusion.
They did not, but Trump weakend NATO so much during his presidency with division and disunity that it allowed Putin to believe that he could just walk into Ukraine at the start of Biden's presidency. Again, you can omit that fact because it doesn't lead to the conclusion you want, but you're only doing yourself a disservice.
Okay. I'm sure that all the dictators want him back in office because he was so tough and scary. I mean seriously, why would Putin want Trump to win if he was so bad for them?
Thanks for taking the time to respond I hope others will as well.
My 401K tanked during Bidens first 2 years.
Its recovered now but doesn't compare to the rate of growth I saw during the first 3 years of trump's Presidency.
*
Russia did not send troops into other countries during Trump's Presidency.
Your spin does not change that.
*
Likewise your "played him like a fiddle" comment doesn't sway me.
Iran was weaker during Trump's Presidency. If Trump is in the White House in January they will within a year become weaker again.
Putin will probably try to get Trump to pressure Ukraine to accept loss of territory for “peace” as well as blocking Ukraine’s entry into NATO. I also would not be surprised if Putin asked to buy weapons from us if Trump gets in.Your 401k tanked during the last year of Trump's presidency. It has not tanked during Biden's presidency. In the first two years of Biden's presidency, it went up, then down. But now it's been up for the last 2 years. It's informing though how you perceive this and the omissions you make in order to make your conclusion.
They did not, but Trump weakend NATO so much during his presidency with division and disunity that it allowed Putin to believe that he could just walk into Ukraine at the start of Biden's presidency. Again, you can omit that fact because it doesn't lead to the conclusion you want, but you're only doing yourself a disservice.
Okay. I'm sure that all the dictators want him back in office because he was so tough and scary. I mean seriously, why would Putin want Trump to win if he was so bad for them?
The financial climate and its perception by Wall Street DOES have a lot to do with WHO us in the White House....and IF Trump is re-elected the markets will respond favorably. If Biden is on the ticket and prevails they won't respond favorably. Yet I think it will be K Harris.Then you need a new financial advisor.
The first 2 years of Biden was mid covid thru coming out covid. The previous administrations inability to see the financial ramifications of covid and doing nothing from a FED standpoint, are what led to the inflation rate popping. ( and he is trying again to send message to FED - recently said they should NOT take a rate cut before election- wonder why )
But since Jan 2023, i have been at 21% return.
So i would be on the phone w/ my finincial advisor to find out why he/she has me in low return instruments - especially in light of the market exploding over the last 18 months. Something tells me that your portfolio is mired in some really conservative investments ( if you are under 5% return )
Shoot, if you just had an S & P 500 index fund, that alone garnered a 34% increase in just 12 months.
The biggest mistake folks make with their 401k/IRA is NOT being involved with their advisor. You MUST continually message/speak to them to let them know you are paying attention. Or you end up with minimal returns. '
Which, by the way, has NOTING to do with who POTUS is.
The financial climate and perception on Wall Street DOES have a lot to do with WHO us in the White House.
November 9, 2020 | $36.93 |
Well, that's a little misleading. Most stocks, especially oil and gas, were in the toilet late 2020 (pandemic). Those gains over Biden's presidency have nothing to do with Biden or his policies.very short term, so unless you are full on speculating, it doesnt matter who is in the White House. The "perception" you speak about has more to do with a company(s) outlook/forecast than it does with who is going to be in the WH come November.
Ill give you a perfect example.
Biden was lambasted by Trump in the 2020 debates about Oil and Gas. Remember that? Said Biden would destroy the O & G industry. I have friends in the O & G industry that were absolutely taken in by this and for SURE thought a Biden presidency would decimate the industry.
Here is one of my stocks- Exxon -
2 days after Biden was elected - stock price was
November 9, 2020 $36.93
here is TODAYS stock price
118.51
Republicans BOUGHT the narrative that Biden would destroy O & G industry and stock prices plummet. Im sure you thought the same way.
So if you bought 1000 shares in nov 2020 for $36,000, you are now sitting on $118,510.
you need to read up on investing strategy. The one you currently employ aint working.
This is odd. 2021 was a great year for my investments.My 401K tanked during Bidens first 2 years.
I'm doing ok now. I was slow to adjust during the first 2 years of the Biden Admin.very short term, so unless you are full on speculating, it doesnt matter who is in the White House. The "perception" you speak about has more to do with a company(s) outlook/forecast than it does with who is going to be in the WH come November.
Ill give you a perfect example.
Biden was lambasted by Trump in the 2020 debates about Oil and Gas. Remember that? Said Biden would destroy the O & G industry. I have friends in the O & G industry that were absolutely taken in by this and for SURE thought a Biden presidency would decimate the industry.
Here is one of my stocks- Exxon -
2 days after Biden was elected - stock price was
November 9, 2020 $36.93
here is TODAYS stock price
118.51
Republicans BOUGHT the narrative that Biden would destroy O & G industry and stock prices plummet. Im sure you thought the same way.
So if you bought 1000 shares in nov 2020 for $36,000, you are now sitting on $118,510.
you need to read up on investing strategy. The one you currently employ aint working.