How to make investment money in the Trump economy
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DB Cooper
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Posted 7:52 am, 11/10/2024
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Your purchase of DJT stock and then removing your stop loss is probably the most foolish trade I've seen in 30 years. So please spare us your investment advice.
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Tilly22
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Posted 7:45 am, 11/10/2024
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Anti, are you saying your employer matches your maximum 401k contributions but doesn't provide you with health insurance?
That's weird.
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antithesis
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Posted 2:15 am, 11/10/2024
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Anti would you be able to do all that saving if you didn't live with your mom and have generational wealth?
Neither of these are true, you're just trying to discredit people that say things you don't like. My home life is none of your business, but I moved out at 18 with the clothes on my back and worked for every penny I've ever had.
First I would go talk to a professional but if not, you need to work for a company that Anti works for that allow you to pick stocks at random. That is a unique 401k plan. If not, she is paying 20 percent every time she sells.
Not at all. I'm able to define each year what type of plan I want to use, and I can go in and specify stocks that I want to buy or sell. I only pay a penalty if I withdraw from the account.
I invested in solar when Obama was promoted a certain company and of course it went bankrupt.
No you didn't. The company that Obama promoted was Solyndra, but they were never on the stock market so you couldn't have invested in them.
First Solar was the one to go public under Obama, and they're doing great... $31.54 under Trump to $193.93 today...
Now I,want you to think about the last four years and the year before when democrats wouldn't let people go back to work. People had to go through their savings and 401k. They took on more debt and maxed out their,credit cards. They took on two jobs to survive. This is what Anti and the democrats refer to as getting richer.
Whaaa...???
I think you're talking about 2020... the COVID pandemic, and the last year of Trump's economy. None of your statements apply after Biden's economic policies corrected the Trump Depression.
The same thing happen with Obama where the richer got richer and the middle class shrunk.
Absolutely false...
Now if the democrats had won, that tax rate would have went to 28 percent when you sold. That 8 percent would have been a hunk of change on Anti's million dollars.
Also false. Kamala's plan would have only impacted people with a net worth of over $100 million...
Not that it would have ever passed Congress, anyway.
By the way, before Biden's administration, the only economy Russia had was oil and military equipment.. 60 Minutes did a piece two weeks ago where they said the war was the best thing to happen to Russia's economy. Actually have businesses operated now and still selling oil. Remember the toughest sanctions on Russia ever.
That's just nonsense. Their GDP, GNI, Debt to GDP, everything dropped under Obama, then recovered under Trump.
Their Debt to GDP is interesting... a mere 17.58%! Trump got us to 109% even before COVID... nearly a record high.
But none of your political rant has anything to do with the topic. Take my advice... or don't. It makes no difference to me at all.
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gmiller
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Posted 1:24 am, 11/10/2024
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First I would go talk to a professional but if not, you need to work for a company that Anti works for that allow you to pick stocks at random. That is a unique 401k plan. If not, she is paying 20 percent every time she sells. Seventy two percent of day traders fail. I invested in solar when Obama was promoted a certain company and of course it went bankrupt. Now I,want you to think about the last four years and the year before when democrats wouldn't let people go back to work. People had to go through their savings and 401k. They took on more debt and maxed out their,credit cards. They took on two jobs to survive. This is what Anti and the democrats refer to as getting richer. The same thing happen with Obama where the richer got richer and the middle class shrunk. Now if the democrats had won, that tax rate would have went to 28 percent when you sold. That 8 percent would have been a hunk of change on Anti's million dollars. By the way, before Biden's administration, the only economy Russia had was oil and military equipment.. 60 Minutes did a piece two weeks ago where they said the war was the best thing to happen to Russia's economy. Actually have businesses operated now and still selling oil. Remember the toughest sanctions on Russia ever.
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SpinRoom
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Posted 11:19 pm, 11/09/2024
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You're not feeding them Walmart cat food Are you.
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SpinRoom
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Posted 4:29 pm, 11/09/2024
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Antithesis with all that savings are you still taking care of your cats sufficiently ?
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Springy’s Specter
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Posted 4:26 pm, 11/09/2024
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Anti would you be able to do all that saving if you didn't live with your mom and have generational wealth?
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DB Cooper
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Posted 4:22 pm, 11/09/2024
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What did OBama and Mike say about the election drubbing?
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udfred
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Posted 4:20 pm, 11/09/2024
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Fact Obama care made my family health insurance at the highest point cost me $1200 a month. Thank you democrats.
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antithesis
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Posted 3:12 pm, 11/09/2024
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I've said this before... my goal is to have $1 million in my portfolio at retirement. I have the maximum allowable taken out of my paychecks to go to my portfolio before taxes, and my employer matches it! So this is the best way that I've found to save for retirement.
Here's how I invest...
As a rule of thumb, when Democrats are in power you expect more people to leave the poverty class and move up to the middle class, so you want to invest in things that the middle class buy... mid-level retail stores, higher end liquor, luxury items, etc. And you want to invest in things that the Democrats support... alternative fuels, medical equipment, healthcare, etc.
But when Republicans are in power you expect more people to drop from the middle class to the poverty class, so you want to invest in things that the poverty class buy... dollar stores and discount stores, lower quality gas companies like Murphy, beer and cigarette manufacturers, etc. And since they tend to give all of our money to the ultra rich, you also want to invest in super high end luxury items that the billionaires will support... private planes, yacht manufacturers, etc.
And obviously, now is the time to invest in big oil companies.
Trump is our first real huckster President, so some things are unique for him. Like his first term, pay attention to whatever he's promoting today and buy it as fast as you can! This is tricky, though, because he and his cronies will buy a ton of the stock before they promote it, so if you can't buy in fast then you might be too late. And these are usually short lived, so buy it the minute you hear Trump talk about it and prepare to sell it within a month or so.
Hydroxychloroquine is one example. They were trading at $38.02 on March 20, 2020 when Trump (a stockholder) promoted them as a cure for COVID. Their stock spiked to $49.85 by April 24. They stayed around there until Trump announced that he was taking it as a preventative on May 18, then the stock spiked again to $52.32 by June 19. That's a +37.6% gain in 3 months!
They did eventually peak at $57.65 on September 27, 2024... buy a +10.19% increase over 4 years isn't great. The best gain would have been to buy on March 20 when Trump promoted it, then sell a month later. Then buy it again on May 18 when Trump promoted it again, and sell again a month later.
So follow that example... whatever Trump mentions, buy in as hard as you can as soon as you can! And then liquidate in a month.
And finally, knowing that Trump intends to hand Ukraine to Russia on a silver platter, which will then strengthen their economy and BRICS in general, look for ways to invest in the Russian economy. Their economy will outpace the US within the next few years, so that will be the strongest buy you can make. Unfortunately for us, major index providers (like the S&P and Dow) have removed Russian shares from their indices, so I'm not sure how to do that right now.
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