Republican National Convention (1 Viewer)

[SaintForLife]

RNC 2024 Milwaukee, Wisconsin

 

[SteveSBrickNJ]

This is odd. 2021 was a great year for my investments.

Oops I see others have done more work than this. But yeah that entire statement that his 401k tanked for the first 2 years and is still doing worse than during Trump is not credible, unless he has really unusual investments, which wouldn’t be Biden’s fault.

OK....I think earlier I had a moderately lengthy post and everyone is now fixated on 401Ks.
If anyone would like to touch on any other topic I promise to respond, On the 401K topic I have responded a few times already and I'm ready to move on to other aspects please.

 

[Incumbent]

The financial climate and its perception by Wall Street DOES have a lot to do with WHO us in the White House....

Can you expound on this at all? Curious what your thoughts are.

 

[Bayouboy]

OK....I think earlier I had a moderately lengthy post and everyone is now fixated on 401Ks.
If anyone would like to touch on any other topic I promise to respond, On the 401K topic I have responded a few times already and I'm ready to move on to other aspects please.

Are you really considering voting for Trump? If he would have had a "knock your socks off" acceptance speech, could that be enough to get you back red for this election? Genuinely curious.

 

[MT15]

Are you really considering voting for Trump? If he would have had a "knock your socks off" acceptance speech, could that be enough to get you back red for this election? Genuinely curious.

Yes he has stated he will vote for Trump if Biden is the nominee.

 

[coldseat]

OK....I think earlier I had a moderately lengthy post and everyone is now fixated on 401Ks.
If anyone would like to touch on any other topic I promise to respond, On the 401K topic I have responded a few times already and I'm ready to move on to other aspects please.

I just want to explain why I chose to respond to only a few comments. It's because I see people state things all the time from their "perception" or "recollection" from Trump's years or Biden's first 2 years that just aren't factual or true. This is no surprise as the Republican party and Trump's focus during this whole presidential run has been to create a false perception and narrative about the past 7 years in all kinds of areas. There have been so many verifiable lies that they have told on everything from the economy, crime, international politics, Jan 6th, Trump's crimes, the DOJ and legal system, etc. It just goes on and on for days. But no matter how much these things are pointed out and proof provided of these lies, the "perceptions and feelings" continue unabated.

Still, I think it's important for all of us who aren't wrapped up in these false narratives to point them out everytime they come up. When we allow the constant lies to go unchallenged, it makes things worse for our polity and country. I just wished that people valued the truth more than they do today. It just seems people are content to be lied too.

 

[efil4]

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.

which is PRECISELY MY POINT

if you are investing ( strategy ) based on who is in the White House, you are going to be very very disappointed.

And instead of blaming yourself for lack of knowledge in investment strategy, you look to lay the blame somewhere else. ( i.e. POTUS )

It was EASY to see just how discounted Shell, Exxon etc were- But Trump convinced some that Biden would destroy O & G even more with his policies.

Welp, want someone to blame? Blame Trump for lying to you and yourself for believing him.


and BTW- it was my financial advisor who made the XOM play- not me. ( i wish i got in at $36. i got in at $61 ) Which also signifies the importance of constant communication with your FA.

 

[SteveSBrickNJ]

Can you expound on this at all? Curious what your thoughts are.

OK. I am NOT qualified to speak on this topic but you probably already know that.
I have possibly been brainwashed by Conservative Talk Radio?
Because of what I have "heard", it is my impression that "Wall Street" feels (IN GENERAL) that Republican Presidents are better for business folks and Democratic Presidents are more likely to cause extra red tape, more regulations...basically annoying for them.
More annoyance means less profit and thus less value to the stock holders.
This is just me....an Elementary Band Director answering your question.
I hope my answer met your expectations.

 

[Incumbent]

OK. I am NOT qualified to speak on this topic but you probably already know that.
I have possibly been brainwashed by Conservative Talk Radio?
Because of what I have "heard", it is my impression that "Wall Street" feels (IN GENERAL) that Republican Presidents are better for business folks and Democratic Presidents are more likely to cause extra red tape, more regulations...basically annoying for them.
More annoyance means less profit and thus less value to the stock holders.
This is just me....an Elementary Band Director answering your question.
I hope my answer met your expectations.

https://www.marketwatch.com/story/stock-market-performance-under-trump-trails-only-obama-and-clinton-11611161401

“Not too bad, according to major indexes. Based on annualized returns for the S&P 500SPX , the U.S. benchmark, Trump (+13.7%) saw the third-best performance of the 15 presidents who have served since 1929, according to Dow Jones Market Data. Trump, however, slightly trailed his immediate predecessor, Barack Obama (+13.8%). Bill Clinton (+15.2%) claims the top spot.”

 

[SteveSBrickNJ]

I just want to explain why I chose to respond to only a few comments. It's because I see people state things all the time from their "perception" or "recollection" from Trump's years or Biden's first 2 years that just aren't factual or true. This is no surprise as the Republican party and Trump's focus during this whole presidential run has been to create a false perception and narrative about the past 7 years in all kinds of areas. There have been so many verifiable lies that they have told on everything from the economy, crime, international politics, Jan 6th, Trump's crimes, the DOJ and legal system, etc. It just goes on and on for days. But no matter how much these things are pointed out and proof provided of these lies, the "perceptions and feelings" continue unabated.

Still, I think it's important for all of us who aren't wrapped up in these false narratives to point them out everytime they come up. When we allow the constant lies to go unchallenged, it makes things worse for our polity and country. I just wished that people valued the truth more than they do today. It just seems people are content to be lied too.

OK.
Thanks.

 

[efil4]

OK. I am NOT qualified to speak on this topic but you probably already know that.
I have possibly been brainwashed by Conservative Talk Radio?
Because of what I have "heard", it is my impression that "Wall Street" feels (IN GENERAL) that Republican Presidents are better for business folks and Democratic Presidents are more likely to cause extra red tape, more regulations...basically annoying for them.
More annoyance means less profit and thus less value to the stock holders.
This is just me....an Elementary Band Director answering your question.
I hope my answer met your expectations.

Thats what Conservative Talk Radio wants you to think, right? After all, they WANT YOU TO VOTE R.

in your fervor to think R, you miss the larger picture ( specific to investing )

Extra red tape??? causes Exxon to lower profits? cmon man- i know you arent a finance grad, but you cannot seriously think that "annoying red tape/regulations" cause a company to LOSE MONEY, really? specific to O & G, do you know how they make their fortunes? or do you rely SOLELY on advice from others to make decisions?

Again, your first order of business, today, should be calling your FA to either discuss your portfolio and strategy or set a meeting to discuss.

Then you can read about investing to better arm yourself with basic knowledge of just how Wall St works.

 

[SteveSBrickNJ]

Thats what Conservative Talk Radio wants you to think, right? After all, they WANT YOU TO VOTE R.

in your fervor to think R, you miss the larger picture ( specific to investing )

Extra red tape??? causes Exxon to lower profits? cmon man- i know you arent a finance grad, but you cannot seriously think that "annoying red tape/regulations" cause a company to LOSE MONEY, really? specific to O & G, do you know how they make their fortunes? or do you rely SOLELY on advice from others to make decisions?

Again, your first order of business, today, should be calling your FA to either discuss your portfolio and strategy or set a meeting to discuss.

Then you can read about investing to better arm yourself with basic knowledge of just how Wall St works.

You sucked me in with your nicely worked question and then you roasted my response. For the last time...I did contact my financial advisor and I AM fine now.

 

[SaintForLife]

 

[efil4]

You sucked me in with your nicely worked question and then you roasted my response. For the last time...I did contact my financial advisor and I AM fine now.

i didnt see the "first time" ( you said you contacted your FA )

only thing i see was im "doing ok now" vs first 2 years of Biden.

Best of luck on your retirement portfolio.

 

[SaintForLife]

 

[SaintForLife]

 

[SaintForLife]

 

[SaintForLife]

 

[bird]

Pointless