DiscussMormonism.com

Really would love to hear:

How is everyone here doing in their 401K/Investment portfolios over the past 12 months?

Does anyone hear have a portfolio?

Does everyone hear know what a portfolio is?

I haven’t had a 401K portfolio in about 20 years as I have been investing w “after tax dollars” since the late 90s. But my portfolio hasn’t done this well on a YOPF (year over past four) in any time I can compare with.

But my employees are ecstatic w the results of the 401K plans we established years ago. This year has been a huge lift to our business and market confidence and I’m so happy for my employees/partners.

How about the rest of you here? Anyone here finding disappointment on Trump's impact on their retirement investments or investment portfolios?

Sadly, I've been too busy taking 24 hours to make 6-7 posts on this board each day, to stop and bother with our portfolio.

Jersey Girl wrote:Sadly, I've been too busy taking 24 hours to make 6-7 posts on this board each day, to stop and bother with our portfolio.

So much truth in your statement. But can appreciate your self reality check. Think about EA who’s averaged 9 posts/day in the past 30 days!!! And he’s just now trying to figure out bitcoins, establish a portfolio and steer every OP in this forum. WHEEEEW! The guy has to be in need of some serious vitamin B with as little sunshine he sees!

From Merriam-Webster:

Definition of portfolio
plural portfolios

1 : a hinged cover or flexible case for carrying loose papers, pictures, or pamphlets

2 [from the use of such a case to carry documents of state]
: the office and functions of a minister of state or member of a cabinet

3 : the securities held by an investor : the commercial paper held by a financial house (such as a bank)

4 : a set of pictures (such as drawings or photographs) usually bound in book form or loose in a folder

5 : a selection of a student's work (such as papers and tests) compiled over a period of time and used for assessing performance or progress

Trump has certainly listened and acted by and for the interests of corporations and wealthy contributors. People's portfolios are indeed going up. That's not a bad thing. But portfolios are rising faster than wages, and that is exacerbating income inequality. Investors, not wage earners, are reaping and will continue to reap the rewards of tax policies written by and for corporations.

So if the economy is booming along now, I assume we can expect it to blossom further under Trump's proposed tax plan. Steve Mnuchin seems to think that the economic growth fueled by the tax cut will generate so much more taxable income that it will have no impact on the deficit.

So if you had an investment adviser who gave you advice predicated on an economic forecast that was off by a trillion dollars, would you continue to believe that economic forecaster?

Just tell me how the country will pay for the deficit if the tax cut creates a trillion dollar deficit (Joint Committee on Taxation) or $1.5 trillion, as the Congressional Budget office says it will?

For those of you who do invest in the market - I’m very optimistic for you if this tax plan gets done. Everyone’s liquidity, on margin availability alone will double. Isn’t it finally great to see an economy grow at a respectable rate again?!?!!!

You don’t appear to pay too much attention to history...

https://tradingeconomics.com/united-states/gdp-growth

This must be the same lack of attention to detail that causes you to misspell the names of mass shooting victims that you claim you knew as ‘friends’.

canpakes wrote:You don’t appear to pay too much attention to history...

https://tradingeconomics.com/united-states/gdp-growth

This must be the same lack of attention to detail that causes you to misspell the names of mass shooting victims that you claim you knew as ‘friends’.

yea, 2009, 2010, 2012, 2013 and 2014 were all just anomalies....real GDP growth can only occur under a president with an R after his name and even if it didn't match the growth of the previous democratic president, its somehow still better.

You would think that someone that has been "investing w “after tax dollars” since the late 90s" would have done great during the Obama years considering this - http://www.macrotrends.net/1358/dow-jones-industrial-average-last-10-years . I get that bach is nothing more than some unsuccessful tool who isn't even bright enough to pretend to be a successful business owner but, sheeeeet, his ignorance is only eclipsed by his laziness to actually look up anything regarding the growth of various economic indicators over the last 10 years.

oh, and then there was this gem:

" Everyone’s liquidity, on margin availability alone will double."

Bach wrote: Everyone’s liquidity, on margin availability alone will double.

Forget pork belly futures and put your money on cheddar. While it might not have the liquidity of brie, it is a solid investment on the Wisconsin exchange.

moksha wrote:

Bach wrote: Everyone’s liquidity, on margin availability alone will double.

Forget pork belly futures and put your money on cheddar. While it might not have the liquidity of brie, it is a solid investment on the Wisconsin exchange.

I take it you’ve never invested. Perhaps, like EA, a product of government subsidies who can grasp all the aspects of everything they’ve never invested in nor have achieved! Common thread on this board!!!!

But don’t be shy - go with your intellect!!!! Express it with much detail!!!!

The market is artificially inflated right now, and many Republicans admit this as well. It got a bump because of expectation, not performance. It was the expectation that a man born with a platinum spoon in his colon would somehow make business profits soar like never before. Idiots like you were bragging the same way in 2006-2007, just before they began to lose it all. So it doesn't matter what the numbers look like right now; only what they look like when it is time to cash out.

From Market Watch: This is the most overvalued stock market on record — even worse than 1929

From Business Insider: The way a lot of companies report their earnings is artificially inflating stock prices

Wall Street legend Byron Wien finds something about this market to be 'disturbing'

Trump Now Praises the Market at 22,000 when he Called it a Bubble at 18,000

Bach is probably a guy who has a Vanguard account because he recently discovered his warehouse job offers it as a benefit.