Whispers: the market was better under the last admin than the current one

also, the current admin has increased federal spending significantly. The budget deficit has more than doubled since 2015.

I'm not trying to make this a R/D argument, just saying that I don't think the market is all that correlated with the presidency.

In response to this post by EDGEMAN

Posted: 01/07/2020 at 11:17AM

Just received a mutual fund statement; even better than expected. -- EDGEMAN 01/06/2020 4:18PM

Till the big drop. LOL ** -- UTPr0sim 01/06/2020 8:48PM

Narrator: The next 5 years did not bring more of the same. ** -- CPRVHokie 01/06/2020 8:39PM

Probably not, but they should be good years for the market. -- EDGEMAN 01/07/2020 07:08AM

Whispers: the market was better under the last admin than the current one -- BB Hokie 01/07/2020 11:17AM

Lol ** -- CPRVHokie 01/07/2020 08:39AM

Guess the truth hurts...lol ** -- EDGEMAN 01/07/2020 08:53AM

Lol ** -- CPRVHokie 01/07/2020 08:56AM

Any of them have cap gains distributions you'll be taxed on? -- Hokie360 01/06/2020 7:28PM

Those weren't in index funds, so I'll owe interest and cap gains -- EDGEMAN 01/07/2020 07:00AM

Sorry for the second post. These "bootstrap error" posts are annoying. ** -- EDGEMAN 01/07/2020 07:02AM

Those aren't but I have another fund that is in a index fund. -- EDGEMAN 01/07/2020 06:56AM

Dollar cost averaging wins always ** -- Hokie1992 01/06/2020 6:38PM

Yep! ** -- EDGEMAN 01/06/2020 6:56PM

Take a look back at those same funds in 2018. -- 133743Hokie 01/06/2020 5:18PM

I think I finished with ~18% return -- EDGEMAN 01/06/2020 6:59PM

Check again. The S&P 500 lost 6.2%, the Dow lost 5.6% and the NASDAQ 3.9% -- 133743Hokie 01/06/2020 8:09PM

That was a great year that ended in a big sell off at the end -- EDGEMAN 01/07/2020 06:27AM

Yawn ** -- hokiewasp 01/07/2020 02:53AM

Pack it up boys. This entire thread screams recession. A bunch of know -- CochraneResident 01/06/2020 5:04PM

You wish and hope. Go on, fess up. ** -- PhotoHokieNC 01/06/2020 5:31PM

I hope you have moved something that into cash and bonds if -- ElbertoHokie 01/06/2020 4:39PM

Best bet is to loan a big chunk to you BIL at an inflated interest rate. -- DonHo-kieHi 01/06/2020 9:40PM

Why would you put some in cash and bonds the day you retire? -- 133743Hokie 01/06/2020 5:20PM

You generally move money into more stable investments(money market accounts -- ElbertoHokie 01/06/2020 5:28PM

I've been retired for 10 years and we are 95% in equities and 5% -- 133743Hokie 01/06/2020 8:04PM

I briefly worked for an investment firm and -- pfishe 01/06/2020 9:39PM

If you cut it close yes. If you have a comfortable IRA/savings then bonds -- UTPr0sim 01/06/2020 8:58PM

Not an issue. FYI in just 62 so not even using retirement accounts and -- 133743Hokie 01/06/2020 9:49PM

True, but when you have the most business friendly environment in... -- EDGEMAN 01/06/2020 6:55PM

Nope, let it ride! -- EDGEMAN 01/06/2020 4:46PM

Black. All on black. ** -- hoosnowahokie 01/06/2020 7:14PM

Fingers crossed. -- Stork 01/06/2020 4:50PM

Definitely contribute 100% of whatever the employer will match! -- EDGEMAN 01/06/2020 4:52PM

How thoughtful of you to give financial advice to someone who's had the -- PhotoHokieNC 01/06/2020 4:56PM

He should give mental health advise after 37 years. ** -- Stork 01/06/2020 4:57PM

I hope to take him on full-time when I lose my mind & buy a Tacoma. ** -- PhotoHokieNC 01/06/2020 4:58PM

As my employer is in the financial industry, I get no-load mutual funds -- Stork 01/06/2020 4:53PM

Way to use "no-load" and "huge" in the same sentence. ** -- PhotoHokieNC 01/06/2020 4:58PM

We changed service providers in Oct/Nov. I jsut know I got 8.4% in Dec -- hoosnowahokie 01/06/2020 4:33PM

8.4% in one month is smoking! ** -- EDGEMAN 01/06/2020 4:46PM

(fingers crossed) ** -- PhotoHokieNC 01/06/2020 4:23PM

Whispers: the market was better under the last admin than the current one

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