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Record closes for both! I’m a big believer in celebrating successes. Millions of Americans’ retirement accounts hit record highs today. Should be plenty of high fives going on around the country and on TV.
Prosperity! And those who invest in America and American businesses should be rewarded, not penalized and demonized.

Went out tonight and talked about this over dinner.

And a big thank you to Procter & Gamble and AbbVie for dropping those dividends into my account tonight while I was out. And a bigger thank you to everyone several years ago who voted to keep dividend taxes (investment, passive income) at a mere 15%.

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Prosperity! And those who invest in America and American businesses should be rewarded, not penalized and demonized.

Went out tonight and talked about this over dinner.

And a big thank you to Procter & Gamble and AbbVie for dropping those dividends into my account tonight while I was out. And a bigger thank you to everyone several years ago who voted to keep dividend taxes (investment, passive income) at a mere 15%.

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Amen. Seriously, my after-tax account is up $39,000 for the quarter. These are truly the good old days in so many ways.
 
I’m more of a swing trader, lately it’s been like shooting fish in a small barrel.
 
Prosperity! And those who invest in America and American businesses should be rewarded, not penalized and demonized.

Went out tonight and talked about this over dinner.

And a big thank you to Procter & Gamble and AbbVie for dropping those dividends into my account tonight while I was out. And a bigger thank you to everyone several years ago who voted to keep dividend taxes (investment, passive income) at a mere 15%.

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Enjoy it while it last my friend. Mental disorder is rampant in Washington.
https://www.bloomberg.com/amp/news/...dual-tax-rate-to-59?__twitter_impression=true
 
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Prosperity! And those who invest in America and American businesses should be rewarded, not penalized and demonized.

Went out tonight and talked about this over dinner.

And a big thank you to Procter & Gamble and AbbVie for dropping those dividends into my account tonight while I was out. And a bigger thank you to everyone several years ago who voted to keep dividend taxes (investment, passive income) at a mere 15%.

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I also loved seeing my dividends from ABBV, P&G and OHI hit today...cha ching!
 
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My best investment so far has been a shovel.

I plan to bury my money when the next Democrat gets elected. They'll have a harder time taking my money and giving it to the freeloading liberals if it's in my back yard.
 
It's hard not to brag about how much money you have, how wisely it's invested and to gloat a bit over winning the financial game of life.

Trust me, I know. I've been retired 8 years and I've spent a ton of money pretty much willy nilly. And I've got more today than the day I walked out of my office.

"Those were the days my friend. We thought they'd never end. We'd sing and dance forever and a day. We'd live the life we choose. We'd fight and never lose........"
 
I love economics and capitalism. Those who invest in our great nation and are willing to take any level of risk should be rewarded. I agree with earlier posts on handsome divy's. I also enjoy picking up additional income every month on calls and puts.
 
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Record closes for both! I’m a big believer in celebrating successes. Millions of Americans’ retirement accounts hit record highs today. Should be plenty of high fives going on around the country and on TV.

It really is amazing. Just think how low the Dow was when Obama took office. What an amazing job Obama did for this country.

When Obama left office, Jan 20, 2017, the Dow closed at 19,827. When he entered office, Jan 20, 2009, the Dow closed at 7,949. In other words, in his 8 years in office the Dow went up roughly 150%. If Trump stays in office 8 years, the Dow would have to be 49,369 for his term in office to equal Obama’s as it relates to the stock market and the Dow Jones Industrial average.
 
It really is amazing. Just think how low the Dow was when Obama took office. What an amazing job Obama did for this country.

When Obama left office, Jan 20, 2017, the Dow closed at 19,827. When he entered office, Jan 20, 2009, the Dow closed at 7,949. In other words, in his 8 years in office the Dow went up roughly 150%. If Trump stays in office 8 years, the Dow would have to be 49,369 for his term in office to equal Obama’s as it relates to the stock market and the Dow Jones Industrial average.

Humor me. What do you do for a living & what’s your academic background? Not knocking you; I appreciate & respect your view on things.
 
its amazing what the trump team is doing.

he has done more in 3 years than obama did in 8.

if you got a job, and if you are saving, you are killing it!

imagine the gdp if the house dems would help.
 
Prosperity! And those who invest in America and American businesses should be rewarded, not penalized and demonized.

Went out tonight and talked about this over dinner.

And a big thank you to Procter & Gamble and AbbVie for dropping those dividends into my account tonight while I was out. And a bigger thank you to everyone several years ago who voted to keep dividend taxes (investment, passive income) at a mere 15%.



I am all about the gains. Happy to have ridden the wave. But tempering the excitement, am I the only one nervous when I see that we're back to running a $1 Trillion dollar annual federal deficit, the FED is back to monetizing the debt, and we're having to lower interest rates to what used to be considered so low it required an emergency to justify? We are pumping all this stimulus into the economy to achieve only 2% GDP growth and trending in the wrong direction over the last 3 quarters. Those fundamental indicators don't seem solid to me, but I have no idea what the rules are anymore.
 
I am all about the gains. Happy to have ridden the wave. But tempering the excitement, am I the only one nervous when I see that we're back to running a $1 Trillion dollar annual federal deficit, the FED is back to monetizing the debt, and we're having to lower interest rates to what used to be considered so low it required an emergency to justify? We are pumping all this stimulus into the economy to achieve only 2% GDP growth and trending in the wrong direction over the last 3 quarters. Those fundamental indicators don't seem solid to me, but I have no idea what the rules are anymore.

hey remember boeing, UAW, and dems taking control of the house killed the gdp this year.

boeing has fixed its planes and strikes over. usmca is getting closer, so is china deal. the market will explode once the china deal is hammered out.
 
anyone who calls themselves a Christian and supports trump is going to have a fun time in purgatory...good luck with that.
 
This is what they do. Avoid the subject when it’s related to success of Americans and switch gears to “Orange man bad”.
I’ve got no problem with where the economy is but I believe the president of the United States should be a man who builds bridges and heals divides not a cancer.

edit: will need to see how things work out for the heavily subsidized farming sector...
 
Is that what Jesus taught? If someone is doing immoral things then it’s ok for me to do them to? I must have missed that.

lmao... typical liberal....it is very entertaining... you brought up religion and political affiliation. And when you get a fact based response that you don’t like... you deflect. Carry on my wayward son... please entertain me further
 
I’ve got no problem with where the economy is but I believe the president of the United States should be a man who builds bridges and heals divides not a cancer.

edit: will need to see how things work out for the heavily subsidized farming sector...

the media that you idol has divided this country more than The former POTUS Obama
 
It really is amazing. Just think how low the Dow was when Obama took office. What an amazing job Obama did for this country.

When Obama left office, Jan 20, 2017, the Dow closed at 19,827. When he entered office, Jan 20, 2009, the Dow closed at 7,949. In other words, in his 8 years in office the Dow went up roughly 150%. If Trump stays in office 8 years, the Dow would have to be 49,369 for his term in office to equal Obama’s as it relates to the stock market and the Dow Jones Industrial average.

Lol. The DOW closed at $18,333 on Election Day. It surged the following day after news of the Trump victory and continued to surge through Obama’s departure largely due to Wall St. knowing that a stronger economy was on its way.

On Obama’s Election Day, the DOW closed at $9,625. Based on you numbers, he entered office at $7,949. So Wall St. baked in a 17.4% negative correction during that period.

On 11/16/11, the same timeframe Trump has been in office, the DOW closed at $11,905. So Obama presided over a 23.7% increase over the same time period. Very respectable all things considered.

Trump is up 52.8% over that time period though.

So yes, the economy saw a sluggish recovery under Obama and the market responded relatively positively. But the economy turned on the afterburners following Trump’s election and we should all celebrate the results.
 
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Lol. The DOW closed at $18,333 on Election Day. It surged the following day after news of the Trump victory and continued to surge through Obama’s departure largely due to Wall St. knowing that a stronger economy was on its way.

On Obama’s Election Day, the DOW closed at $9,625. Based on you numbers, he entered office at $7,949. So Wall St. baked in a 17.4% negative correction during that period.

On 11/16/11, the same timeframe Trump has been in office, the DOW closed at $11,905. So Obama presided over a 23.7% increase over the same time period. Very respectable all things considered.

Trump is up 52.8% over that time period though.

So yes, the economy saw a sluggish recovery under Obama and the market responded relatively positively. But the economy turned on the afterburners following Trump’s election and we should all celebrate the results.

lol? nothing you have written here makes what I wrote less true.

I agree that the stock market has been doing great. And that is great news for the 55% of us americans that own stocks. Trump's policies of giving tax breaks to the the rich of course are going to surge the markets, because rich people are the ones who buy up lots of stock.

But don't confuse the economy with the stock market. 40% of americans cant afford an unexpected $400 expense. If that is the "greatest economy in history of the world" as trump puts it, holy crap.
 
Humor me. What do you do for a living & what’s your academic background? Not knocking you; I appreciate & respect your view on things.

I own a marketing agency, have a MBA. Prior to starting a business I worked for the big banks in consumer lending.

Honestly, my "views" are more a product of having lived all over. I was born and raised in SC, but have lived in europe, central america, chicago, arizona and nyc.
 
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lol? nothing you have written here makes what I wrote less true.

I agree that the stock market has been doing great. And that is great news for the 55% of us americans that own stocks. Trump's policies of giving tax breaks to the the rich of course are going to surge the markets, because rich people are the ones who buy up lots of stock.

But don't confuse the economy with the stock market. 40% of americans cant afford an unexpected $400 expense. If that is the "greatest economy in history of the world" as trump puts it, holy crap.

I honestly don’t know the answer to this, but how does that 40% compare to previous economic eras? I agree that’s a problem. I also wonder what percentage of those people are mostly self-inflicted.

From a quality of life standpoint, I’m assuming that 40% didn’t have cell phones and internet to go along with housing, food, healthcare and monetary assistance options in previous eras. Still a pretty good time to be alive in America.
 
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