The last 18 yrs the s@P has basically had 1 down yr in 2008. Pandemic 2020 was up 18%.

Discussion in 'Wall St. News' started by SammyJ, Apr 3, 2021.

  1. SammyJ

    SammyJ

    Buy and holders have sleep like baby’s for almost 2 decades . I put a $65 k sept in American funds in 1990. I moved from the fund to cash and back and forth a few times . It’s worth $2.07 million .
     
  2. Send your thanks to the Fed.
     
  3. RedDuke

    RedDuke

    Exactly. Not that we should complain, but who knows how this distortion will play out in the future.
     
    murray t turtle likes this.
  4. S2007S

    S2007S



    Dude that's my line

    :D:D:D:D:D
     
  5. Does that mean you get to take the blame in the end?
     
    murray t turtle likes this.
  6. S2007S

    S2007S




    That's the federal reserve that gave you all that free money. You had to do absolutely nothing for it. Just sit back and collect your free money...if.you think the last 31 years was gangbusters just wait for the next 31 years, your free $2 million bucks will be worth a staggering $50,000,000++++ yes you heard that, you haven't seen anything yet. The fed will be printing trillions for wallstreet for next 50-100 years so no worries as that $2 million grows to unlimited risk free heights.

    Send your thank you cards to the federal reserve and thank them as much as you can because if it weren't for them your 65k would be worth maybe a couple of hundred thousand bucks.
     
    deepfkvalue and jys78 like this.
  7. S2007S

    S2007S


    Nope because the fed will print until ....well forever. So the fed thanking will never end. It's infinite
     
    murray t turtle and jys78 like this.
  8. The "thanking" will one day end and be replaced with hate and revulsion. But in the mean time, "party on, Wayne".
     
  9. RedDuke

    RedDuke

    I think we will see the end of printing within our life times. It will not be pretty.
     
    trader99 likes this.
  10. S2007S

    S2007S


    If we did see the money printing come to an abrupt halt there would be significant ramifications!!!!!!!!
     
    #10     Apr 3, 2021