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The DOW the day after...
- Thread starter targus
- Start date
Every day as per usual. With the fiscal cliff approaching I'm cashing out all my investments sometime in December. There should be plenty of buying opportunities in early January!
What the Mexican army did the day after the Alamo was no prettier than the previous day.
And the markets usually like certainty - I kind of expected the market to be up some today just because investors like certainty and we at least had a decisive win last night. And also because Wall Street loves them some Bernacke and he will stay with Obama. So the fact that the markets are down over 2% shows you what the business community thinks of the next 4 years. Thanks America, my dreams to retire early some day were just shattered with this election outcome.
saturneptune
New Member
Markets go up and down. One buys low and sells high. So what is new?
Back in 1980, the day after Reagan "barely squeaked by [@ least that's what most all the left-leaning prognosicators were predicting would happen (Shades of that "Dewey Defeats Truman" headline of November, 1948! :smilewinkgrin
], Wall Street's market indicators soared.
About two years later the US was suffering from "The Reagan Recession."
My point?
It's up to you if you want to try to find an old sock to stuff all your cash-in earnings, "but as for me and my house," what little I do have PROBABLY will still maintain (over the long run, anyway) what they did during the "W's Recession.
Or, here's a thought:
Take a good chunk of your cashed-in earnings and donate them to some worth-while missionaries, or to some other Christian ministry. :thumbsup:
You'll be blessed + you can write that off [for now, anyway] your IRS 1040 & save you some money come tax time. :thumbsup:
And, with what you saved from that donation, turn right around and give that amount to some mission work, and so on, and so on.
"......prove me now herewith, saith the LORD of hosts, if I will not open you the windows of heaven, and pour you out a blessing, that there shall not be room enough to receive it." ----- Malachi 3:4b (KJV) :godisgood:
], Wall Street's market indicators soared.About two years later the US was suffering from "The Reagan Recession."
My point?
It's up to you if you want to try to find an old sock to stuff all your cash-in earnings, "but as for me and my house," what little I do have PROBABLY will still maintain (over the long run, anyway) what they did during the "W's Recession.
Or, here's a thought:
Take a good chunk of your cashed-in earnings and donate them to some worth-while missionaries, or to some other Christian ministry. :thumbsup:
You'll be blessed + you can write that off [for now, anyway] your IRS 1040 & save you some money come tax time. :thumbsup:
And, with what you saved from that donation, turn right around and give that amount to some mission work, and so on, and so on.
"......prove me now herewith, saith the LORD of hosts, if I will not open you the windows of heaven, and pour you out a blessing, that there shall not be room enough to receive it." ----- Malachi 3:4b (KJV) :godisgood: