hurleyjd
Well-known member
Are you to young for medicare or do not use it. Not trying to be sarcastic but just asking.Caustic Burno said:
Retirement
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Caustic Burno
Well-known member
hurleyjd said:
Have an Medicare Advantage Plan through work retirement.
Jeanne - Simme Valley
Well-known member
I am on Medicare with an Advantage Plan thru Aetna. Been very happy "so far" - but no health issues.
kenny thomas
Well-known member
hurleyjd said:
Too young? Hahaha.
hurleyjd
Well-known member
What a difference a day or two makes. About the time we all think we have it made the rug is pulled out from under us. Was the market in great shape or did the covid 19 outbreak dunk it or did the trade war with china have anything to do with it did the great tax break have any thing to do with it. Can we outlast Russia with the oil war. Any one have any answers. I cannot buy any more stock just hold on to what I now own. How will the dividends hold up. Mutual funds took the greatest beating. I had put my surplus cash in them about a month ago. Should have kept it in cash. I remember when Lake Fork first come in. My Dad had a pretty good nest egg from it. One of the new folks that had moved in saw Me and my Dad having lunch and introduced us to his stock broker. A conversation ensued and the broker told my Dad that the money he had socked away would deteriorate in value and not buy as much as it would in the future and the stock market was the way to go. My Dad said to the broker if I am not going to spend it and I have everything I want then why worry about. Then he asked the broker how much money he had invested in stock and there was no answer. I should have listened and learned from my Dad. Another one of his lessons was that you cannot barrow your self out of debt. I did listen and applied that to my life. If this is stirring the pot like Bright Raven then so be it.
Redgully
Well-known member
Im going to apologise right here and now, my first flutter into the share market was about 6 months before the gfc. I wont go into how that ended. So about three months ago i built up the courage to have another flutter.....
Hurley, don't really know, but I've thought the market was way to high the past 10 years. The government has been involved in trying to keep the market high and pension funds invested in the market in good shape. But don't despair might go back up.hurleyjd said:
Caustic Burno
Well-known member
ccr said:
I am not making the same mistake I made in 87.
I went mostly to bonds the day Trump took office. Six months ago I was really wondering if I did the right thing. Now I know that I did.
Caustic Burno
Well-known member
sstterry said:
Been in bonds for years started soon as Obama took office. Obama had the market stifled with regulations. Been s total bull market under Trump not the time to buy. The media hype will blow over. Right now it's like rats following the Pied Piper and the sky is falling. Have some bonds today I wished I wasn't locked in right now.
I have been buying stock all week.
Caustic Burno said:
Seriously? The Market went up over 140% during the Obama Administration.
Caustic Burno
Well-known member
sstterry said:
Yes seriously housing bills passed under Clinton is what lead to the ultimate housing demise in 08 . Always Leary with a Dem at the wheel.
https://www.google.com/amp/s/www.cnbc.com/amp/2016/05/28/are-the-clintons-the-real-housing-crash-villains.html
I don't disagree that it was the housing bills (and 9/11) that cause the problems for Bush2. But remind me again who had control of Congress when those passed?
Caustic Burno
Well-known member
sstterry said:
Democrats when he was elected.
Caustic Burno said:
You are avoiding the question.
The Gramm-Leach-Bliley Act passed when both houses were controlled by Republicans.
But I agree, Clinton did sign it.
hurleyjd
Well-known member
There is a market for bonds each and ever day just like stock. Sell them and get out. Looks like the stock market should be recovering with all of your stock buying. As for me I have some good stock and I will hold on to what I have and not add to it. The stock market was highly leveraged and when it starts going down the smart question is where will it stop. Also the economy will always have a problem when the government is not taking in enough funds to cover all that it takes to keep everything on an even keel. This will be the same at all levels of government and in any business. We as cattle growers nearly always spend more than we take in.Caustic Burno said:
ClodHopper37869 said:
Sounds like a good stockpile.
When our son was 3 years old, he asked if we could take his money out of his saving account at the bank and buy cows. The little boy comes up with smart ideas on his own. We figured if he wants cows we try it. The money sure wasn't making nothing sitting in the bank. Plus they get to learn about cows, farms, etc.
1982vett
Well-known member
Well, the way I see it, ya got a bunch of Arabs, Chinese, and Russians creating chaos hoping to get a Socialist foothold in the US so as to weakened us to a point we no longer matter.
By the way...and not that I stay glued to what is supposed to be news so I could have easily missed it...what's old Soros been up to lately?
By the way...and not that I stay glued to what is supposed to be news so I could have easily missed it...what's old Soros been up to lately?
This link is an article about Soros and short selling.1982vett said:
https://www.thegatewaypundit.com/2020/03/george-soros-in-january-the-us-economy-could-be-headed-to-calamity-overheated-economy-cant-be-kept-boiling/
1982vett
Well-known member
Yep, that's pretty much it.
