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Market gone wild! #12575909 01/12/18 10:54 PM
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T Bird Offline OP
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Last 2 days gains in the stock market have been pretty spectacular.

Your 401K's, Mutual Funds and similar investments are very happy. cheer


Okie by birth, Texan by choice.
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USAF "Thunderbirds" Alumni 1985-1989




Re: Market gone wild! [Re: T Bird] #12575913 01/12/18 11:00 PM
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deerfeeder Online Content
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One of these days what goes up, must come down. I'd move as much out as legally possible without generating a huge tax bill. Just sayin'.


Non Sibi Sed Patriae -- "Not for self, but for country."

Re: Market gone wild! [Re: deerfeeder] #12575915 01/12/18 11:03 PM
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Originally Posted By: deerfeeder
One of these days what goes up, must come down. I'd move as much out as legally possible without generating a huge tax bill. Just sayin'.

It's going to go on for at least 2 more years IMO. The new tax bill has folks speculating on growth. The next year will be the actual growth of companies taking advantage of the tax bill. After that who knows.

Re: Market gone wild! [Re: T Bird] #12575925 01/12/18 11:25 PM
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We all known Tallgrass can’t stand Trump but I also know Tallgrass is into investing money. I’ve lately been curious his feelings on the amount of money his investments have grown. Surely TG has to be as ecstatic has the rest of us common folk.

How much longer TG do you see the bulls running before we need to get out?

Last edited by bloo_rainger; 01/12/18 11:27 PM.
Re: Market gone wild! [Re: deerfeeder] #12575933 01/12/18 11:29 PM
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Originally Posted By: deerfeeder
One of these days what goes up, must come down. I'd move as much out as legally possible without generating a huge tax bill. Just sayin'.


You can usually move it within your 401K to something similar to a savings account with no tax liability. However, the most important thing is to have a balanced portfolio for your age of retirement.

Re: Market gone wild! [Re: T Bird] #12575957 01/12/18 11:46 PM
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I don't trust the stock market. I deal in tangibles. So I bought Scagnetti's food stamps and family jewels. I'm going to flip them on Craigslist for a nice profit.


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Re: Market gone wild! [Re: Derek ๐Ÿ] #12575963 01/12/18 11:53 PM
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Originally Posted By: Derek 🐝
I don't trust the stock market. I deal in tangibles. So I bought Scagnetti's food stamps and family jewels. I'm going to flip them on Craigslist for a nice profit.

I hate you


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Re: Market gone wild! [Re: T Bird] #12575990 01/13/18 12:18 AM
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Over the next couple years, when companies start actually getting the profits from the tax breaks, stocks will continue to rise due to increased profits and the fact that they are buying back their outstanding shares, thus driving up the share prices. Then the prices will fall. Of course, if Recession or Inflation hits, all bets are off.


May you be treated the way you treat other people, today and everyday!

Re: Market gone wild! [Re: bloo_rainger] #12576010 01/13/18 12:33 AM
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Originally Posted By: bloo_rainger
We all known Tallgrass can’t stand Trump but I also know Tallgrass is into investing money. I’ve lately been curious his feelings on the amount of money his investments have grown. Surely TG has to be as ecstatic has the rest of us common folk.

How much longer TG do you see the bulls running before we need to get out?


It more than doubled under the last admin after the meltdown in '08. Just saying. Nothing new.


And I know who "Jeff" is.
Re: Market gone wild! [Re: T Bird] #12576014 01/13/18 12:36 AM
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Hope TG didn't convince his group to short the market when Trump was elected. roflmao


A good rule of angling philosophy is not to interfere with another fisherman's ways of being happy, unless you want to be hated.
Zane Grey, Tales of Fishes, 1919

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Re: Market gone wild! [Re: lconn4] #12576019 01/13/18 12:39 AM
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Originally Posted By: lconn4
Hope TG didn't convince his group to short the market when Trump was elected. roflmao


Is this beat up TG night? Some of you folks should be nice. We all have an opinion. He doesn't seem like a bad person.


And I know who "Jeff" is.
Re: Market gone wild! [Re: Scagnetti] #12576028 01/13/18 12:45 AM
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Originally Posted By: Scagnetti
Originally Posted By: Derek 🐝
I don't trust the stock market. I deal in tangibles. So I bought Scagnetti's food stamps and family jewels. I'm going to flip them on Craigslist for a nice profit.

I hate you


Sorry bro. But it's a str8 business decision. Trying to save for my kids college. They want to go to the real KU. Kaplan University. Ain't going to be cheap.


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Re: Market gone wild! [Re: deerfeeder] #12576095 01/13/18 01:31 AM
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Originally Posted By: deerfeeder
One of these days what goes up, must come down. I'd move as much out as legally possible without generating a huge tax bill. Just sayin'.


this is true

Re: Market gone wild! [Re: Derek ๐Ÿ] #12576100 01/13/18 01:33 AM
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Originally Posted By: Derek 🐝
I don't trust the stock market. I deal in tangibles. So I bought Scagnetti's food stamps and family jewels. I'm going to flip them on Craigslist for a nice profit.


you really should invest in
his horse racing pix

Re: Market gone wild! [Re: T Bird] #12576111 01/13/18 01:43 AM
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I've been in this situation before - the late 90's in particular. I paid for it in the early 2000's because I didn't get out of the market and have had to stay in the market for the past 18 years to get my money back. It's a long term thing. I still remember Alan Greenspan talking about "irrational exuberance" mainly with tech stocks at that time (I didn't believe him like a lot of others.), and of course that bubble burst. I think a different version is happening now because of the tax law which benefits big business and a general perception that the orange clapper will be good for business. Just watch corporate earnings. When corporations start to have earnings problems, look for a prolonged "correction". In between there will be some corrections but not prolonged. The other major issue to me is the start of some war which could be a real problem. Eventually, the national debt will be a major issue, but at the age of 72, I probably won't live long enough to witness the default of the country unless they get it under control. Right now our debt is at 102% of the GNP. That's uncharted territory for this country when there is not a major war to blame it on. Don't gamble on the stock market with money you need survive. That's my take.

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