Mueller Files first Charges (MUELLER CONTENT GOES HERE)

[austinN4]

High prices are great for folks already in the market. What about our kids, how much can they buy at record high prices?

Regular $ cost averaging no matter if the markets are up or down, and let any dividents and interest compound:

1. If their employer has a tax-deferred 401K option, especially if it has a match, they should invest as much as they can afford over a long period of time in a high quality dividend paying stock or index fund, max it out if they can.

2. No 401K option? Same strategy but DIY into a tax deferred IRA or after-tax Roth into a low cost S&P stock or similar index index fund.

3. Contribute a regular fixed $ amount they can afford at a regular interval, be it weekly or monthly, no matter if the broad market is up or down.

4. Never try to time the market.

5. Avoid picking individual stocks, spread your risk in a diversified stock or index fund.

6. Always invest in your future first, toys last.

7. Compunding of dividends and interst is your friend, which means leaving them in your fund in the form of additional shares.

[austinN4]

Do you also attribute the massive gain the Dow saw during Obama’s presidency to Obama?

I attribute it to a market rebound from a low point (2007-2008). Trump's went from a high point to a higher point.

[RetroRevolver77]

Do you also attribute the massive gain the Dow saw during Obama’s presidency to Obama?

I blame the entire market collapse of 2007-2008 on the Democrats for forcing banks to lend money irregardless of credit. They threatened banks with ratcheted up penalties under the Fair Lending Act and Community Reinvestment Act. Then those banks were selling what they thought were Federal subsidized mortgage backed securities on the open market believing at the very least- they were backed by Fannie Mae and Freddie Mac. I believe fully it was the Democrats intention to tank the market during the final phase of the Bush Presidency in order to usher in another Democrat Socialist traitor to the White House. The market however rebounded naturally. Now as far as the markets are concerned and why they are at an all time high- it's Trump. Investors are confident again and they are buying in to support American businesses.


https://www.investors.com/politics/e...ancial-crisis/

"Here's the real story, in brief: In 1995, using the powers of the presidency, Bill Clinton turned the 1977 Community Reinvestment Act into an aggressive program that basically forced banks to lend money to "underserved" communities. That meant those with low incomes who couldn't necessarily repay a loan.

Meanwhile, his Department of Housing and Urban Development got involved in a big way.

Jack Cashill, writing for the American Thinker, notes: "HUD, which Congress had made the regulator of Fannie Mae and Freddie Mac in 1992, began to pressure these agencies to set numerical goals for affordable housing, even if that meant buying subprime mortgages. The media cheered the agencies on."



https://missingmoney.solari.com/

Remember also the Democrats set up HUD as a slush fund around 1998 and have since stolen over $21 Trillion from the US taxpayers.


7n6

[skywalkrNCSU]

I attribute it to a market rebound from a low point (2007-2008).

I agree. I also think the tax cut will have a positive impact on the stock market, I’m not sure how it couldn’t. That said, the president is not responsible for most of the stock market performance. The market saw big gains under Clinton and Obama so if your metric is the Dow’s performance then both of those presidents did rather well.

[austinN4]

deleted

[RetroRevolver77]

I agree. I also think the tax cut will have a positive impact on the stock market, I’m not sure how it couldn’t. That said, the president is not responsible for most of the stock market performance. The market saw big gains under Clinton and Obama so if your metric is the Dow’s performance then both of those presidents did rather well.

Nope. I worked in the financial industry, no one trusted Obama nor Clinton that worked in the banks or investment side.

[austinN4]

I worked in the financial industry, no one trusted Obama nor Clinton that worked in the banks or investment side.

Likewise

[FromMyColdDeadHand]

I work in the 'real' economy and everyone is thumbs up for 2018 and 2019. Not silly, stupid encouraged to over excess, but good solid growth. People are investing, building and buying.

Remember, there was going to be Armagedon if Trump got in and the economy would collapse under his mere prescence...

So that things are going well, better than under Obama on the investment and growth side. That is saying something. Cookie from Apple can't even say anything bad about the tax cut and has to go out if way to say nothing good about Trump. And in a few weeks, people will start to see changes in their pay checks- and the lie that people won't get a break will be made a lie- as if companies giving bonuses and raises due to the cut weren't enough.

If someone were on fire and Trump threw a bucket of water on them, the MSM would accuse him of trying to drown the guy.

[Coal Dragger]

This is not a comment on President Trump, it is a comment on the market.

High prices are great for folks already in the market. What about our kids, how much can they buy at record high prices? Do you celebrate when gas prices increase?

Here are some interesting facts:

1) The richest 1 million or so families own 50% of all market equity;
2) The rest of the folks in the top ten own about 41% of all market equity;
3) The remaining 90% of Americans own only 9% of the market;
4) Only 48.8% of Americans own any stock. This includes personal brokerage accounts or retirement funds.
5) The 'typical' middle class family that owns shares has less than $10,000.00 worth.

https://www.marketwatch.com/story/wh...ans-2017-08-02

Stocks were first used to capitalize businesses. Today stocks are primarily used to extract money from corporations and pass it along to the shareholders making the rich richer and, well, you know...

As I've said before, it is a system that has benefited me and continues to benefit me. But it can not sustain. Which is why I resisted my financial adviser's suggestion that I roll my income guaranteed holdings into my IRA.

ETA: Read this: https://www.marketwatch.com/story/ho...ass-2015-04-24

I think the Dow Jones gets more day to day attention than it should as an overall economic barometer. It’s just easy to keep track of so it is used a lot. Your criticism is valid.

However, since mid November of 2016 we have seen one hell of a stock market rally. That has built a lot of wealth for a lot of people who have been fortunate enough to be able to invest like that. So as a part of the economic conditions pie chart, let’s be happy about that. I certainly am, my one year rate of return on my 401K is quite nice, I’m handily ahead of the average middle class family. In fairness I was before because I earn decent income and invest 10-15% of it and have been for 10 years or so.

For the average working man and woman I’m more concerned with unemployment rates, and under employment rates, along with wages. Here we have some progress too: unemployment is down around 4%, the labor market is getting tight. So wages are rising, and a lot of people are seeing opportunities to move up, find new jobs, and get out of jobs they hate. If we want upwards mobility a tight labor market that rewards participants is a good start.

We can also look at quarterly GDP and it is up significantly higher than under Obama’s economy.

Not sure if all of this is because Trump got elected or because Obama is gone.

[fledge]

Everyone benefits from the behavior of confidence and forward planning. Under Obama and the Democrats tax plans and regulations, money struggled to flow in most segments. Investments were dry because of a lack of capital infusion, unless it was parasitic earnings line for advertising on social media. I remember the struggle to even get a conforming mortgage under Obama’s policy. Remember the middle class with good credit struggling under this? Every bank complained about it. They couldn’t loan. People couldn’t get loans. The 2017 yearlong relief of regulation, pending tax cuts, and a thousand other expectations has boosted confidence across the board. Private money is flowing again for everybody. I challenge the negative assumption that it’s a problem for the rich to get richer. Sounds more like a moral sophistry than the truth of economics.

If the tax plan has failed, the market would have responded accordingly.