Poll - The Stock Market and Vintage Sales

[EddieP]

Originally Posted by Johnny630

You had the guts and I bet it paid off for you. Good Job !!

It was easier to guess at that time. Warren Buffett was called in to give advice and vouch for financial institutions. Those in charge didn’t want the economy to tank. Today all bets are off. I harvested my losses and put them in cash. I’m not convinced with 5-10 year treasuries and I may not live long enough for the 20-30 year treasuries to mature.

[ullmandds]

Originally Posted by EddieP

It was easier to guess at that time. Warren Buffett was called in to give advice and vouch for financial institutions. Those in charge didn’t want the economy to tank. Today all bets are off. I harvested my losses and put them in cash. I’m not convinced with 5-10 year treasuries and I may not live long enough for the 20-30 year treasuries to mature.

definitely scary times...imho...I was contemplating an early retirement in a few years but now that is not likely! The "president" will take the country/world economy down just to get his way...right or wrong...and that's damn scary.

[bk400]

You know what America has always been known for? Rule of law, political stability, and global leadership with respect to democratic values.

Those bedrocks of American exceptionalism are being undermined now -- it's not a political statement; it is a factual statement.

China, Europe, and every other country with properly qualified and competent technocrats are going to diversify away from the US -- permanently. It's not a Trump issue; it's an American issue. America has shown that its electorate is collectively capable of making decisions that are antithetical to those three things that America, heretofore, as always been known for.

I hope I'm wrong, because I find myself really sad thinking about it these days.

[EddieP]

I just saw the headlines everyone is selling off bonds now. In normal times, when it doesn’t make sense buying stocks or bonds then go into collectibles. I’m not too sure now.

[Peter_Spaeth]

Dow up 2200, doom and gloomers.

[BobbyStrawberry]

Originally Posted by Peter_Spaeth

Dow up 2200, doom and gloomers.

And, the tariffs have just been paused again. We are living in a bad reality TV show.

[Lorewalker]

Originally Posted by ullmandds

definitely scary times...imho...I was contemplating an early retirement in a few years but now that is not likely! The "president" will take the country/world economy down just to get his way...right or wrong...and that's damn scary.

Originally Posted by bk400

You know what America has always been known for? Rule of law, political stability, and global leadership with respect to democratic values.

Those bedrocks of American exceptionalism are being undermined now -- it's not a political statement; it is a factual statement.

China, Europe, and every other country with properly qualified and competent technocrats are going to diversify away from the US -- permanently. It's not a Trump issue; it's an American issue. America has shown that its electorate is collectively capable of making decisions that are antithetical to those three things that America, heretofore, as always been known for.

I hope I'm wrong, because I find myself really sad thinking about it these days.

If I want politics and volatility I know where to find it. Let's not bring it here.