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Maggie’s Motivational Pic Thread v2.0 - - New Rules - See Post #1

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Everytime `I see this it PISSES ME OFF. Right around March 18th-20 was when the stock market hit its lowest point. In 30 days before that, it had massive losses. So if you started off with $1 on Feb 12th in the DJIA, you had 61 cents on March 18th... The DJIA didn't get back to teh Feb 12th valuation until the last few weeks. Now these guys have different stocks, but the overall trend is the same.

Only a fucking retard would use the March 18th and Nov24th dates- or someone trying to mislead you.

Yes, being a nrillionaire would be nice, but using BS numbers like this is fraud.
 
Everytime `I see this it PISSES ME OFF. Right around March 18th-20 was when the stock market hit its lowest point. In 30 days before that, it had massive losses. So if you started off with $1 on Feb 12th in the DJIA, you had 61 cents on March 18th... The DJIA didn't get back to teh Feb 12th valuation until the last few weeks. Now these guys have different stocks, but the overall trend is the same.

Only a fucking retard would use the March 18th and Nov24th dates- or someone trying to mislead you.

Yes, being a nrillionaire would be nice, but using BS numbers like this is fraud.

Agreed, but I don’t have much doubt that those individuals may have profited from the crazy swings the market has experienced, nor does it bother me, those guys have great financial sense and good teams that work for them. They also make products that people like, use, or need. I’ve never understood why people hate Elon musk or bill gates or any other Fortune 500 ceo so much for being rich but don’t bat an eye at Kanye for making millions off of garbage music.
 
Everytime `I see this it PISSES ME OFF. Right around March 18th-20 was when the stock market hit its lowest point. In 30 days before that, it had massive losses. So if you started off with $1 on Feb 12th in the DJIA, you had 61 cents on March 18th... The DJIA didn't get back to teh Feb 12th valuation until the last few weeks. Now these guys have different stocks, but the overall trend is the same.

Only a fucking retard would use the March 18th and Nov24th dates- or someone trying to mislead you.

Yes, being a nrillionaire would be nice, but using BS numbers like this is fraud.

My Tesla stock is up 35% since the election
 
Everytime `I see this it PISSES ME OFF. Right around March 18th-20 was when the stock market hit its lowest point. In 30 days before that, it had massive losses. So if you started off with $1 on Feb 12th in the DJIA, you had 61 cents on March 18th... The DJIA didn't get back to teh Feb 12th valuation until the last few weeks. Now these guys have different stocks, but the overall trend is the same.

Only a fucking retard would use the March 18th and Nov24th dates- or someone trying to mislead you.

Yes, being a nrillionaire would be nice, but using BS numbers like this is fraud.

Not meaning to pick a fight, but I don't understand what it is in this graph that pisses you off. I'm not a millionaire, but having followed the advice of a financial advisor, we're up ~23.3% What "BS numbers"? We were "unlucky" to be converted to 80% cash and bonds after we recovered to mid-February levels--so we missed Wall Street's general trend of ignoring bad news (and continuing to trend upwards despite bad industrial/production/profit/unemployment numbers) in the middle of this year. We just stepped back into a stronger stock position this week. We, too, aren't holding the same equities we held in mid-February, but that's the nature of the game.

The market low was hit on March 23. I don't understand why you think using the general dates in the graph is a bad gauge.

If one "plays" in the market as if it was a casino, buying and selling "short-term" ploys in an attempt to 'buy low, sell high', then the attempt to time the market will usually kill the player. However, even the small guy can capitalize on the general market movements with decent long-term investments IF s/he has the nerve to stay invested and not panic (sell) during the steep declines ("corrections"). Here's the latest of what are countless essays on the subject of "staying the course" (provided one's investments are sound):

Why staying invested pays off
 
This is unbelievable. My God, what has this country become. A president elect talking about leaving office before he's sworn into that office. Why won't the MSM cover this? This is even more devastating than him winning the election.
Not to defend this AH, but, his remark about resigning was in regard to him being VP under (so he could kiss his ass) Obama and resigning if they had that disagreement.
 
This is unbelievable. My God, what has this country become. A president elect talking about leaving office before he's sworn into that office. Why won't the MSM cover this? This is even more devastating than him winning the election.

Why? Because they like their supporters gullible and stupid
 
Not meaning to pick a fight, but I don't understand what it is in this graph that pisses you off. I'm not a millionaire, but having followed the advice of a financial advisor, we're up ~23.3% What "BS numbers"? We were "unlucky" to be converted to 80% cash and bonds after we recovered to mid-February levels--so we missed Wall Street's general trend of ignoring bad news (and continuing to trend upwards despite bad industrial/production/profit/unemployment numbers) in the middle of this year. We just stepped back into a stronger stock position this week. We, too, aren't holding the same equities we held in mid-February, but that's the nature of the game.

The market low was hit on March 23. I don't understand why you think using the general dates in the graph is a bad gauge.

If one "plays" in the market as if it was a casino, buying and selling "short-term" ploys in an attempt to 'buy low, sell high', then the attempt to time the market will usually kill the player. However, even the small guy can capitalize on the general market movements with decent long-term investments IF s/he has the nerve to stay invested and not panic (sell) during the steep declines ("corrections"). Here's the latest of what are countless essays on the subject of "staying the course" (provided one's investments are sound):

Why staying invested pays off
I think we agree more than disagree. The other side is that Bozo, Musk and others like them aren't getting in and out of their stocks. Maybe they are doing some hedging to be able to play the dips, but the stocks are liquid enough for them to dump them and get back into them. Amazon is making bank because people are getting more and more stuff online, no great surprise. Tesla is up because they are going to give breaks to electric cars with a Biden admin, not hard to explain that one. Seeing those ahead of time is a lot harder than explaining them looking back.

I just think it is fraud to use those dates and make it look like they actually made that money. Using those dates versus full year or YoY data tells a very different story for most people, even millioniares.
 
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This is unbelievable. My God, what has this country become. A president elect talking about leaving office before he's sworn into that office. Why won't the MSM cover this? This is even more devastating than him winning the election.

He isn’t the “president elect.” Nobody can go by that title till after January 6th when the legislature certifies the electoral votes.

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