Trade wars impact on us

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  • dryheat
    Senior Member
    • Sep 2009
    • 10587

    #1

    Trade wars impact on us

    As you know, When the Elephants Fight a lot of ants get trampled. I expect a few million vanished on Friday on the stock market. Maybe more.
    I'm out of everything. I don't have time for the market to, "turn around". That doesn't mean I still don't watch it. Silver and gold went up, but I sure as heck don't recommend messing with that. Metals have been my downfall in the past. Before you surmise that I am a "trader" be assured that I have made absolutely zero money in the stock market. I should have bought real estate. They don't make it anymore.
    Last edited by dryheat; 08-24-2019, 10:50.
    If I should die before I wake...great,a little more sleep.
  • S.A. Boggs
    Senior Member
    • Aug 2009
    • 8578

    #2
    58443163_10156084029141891_4640606661751341056_n.jpg
    All kidding aside food is the best investment one can have.
    Sam
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    • Clark Howard
      Senior Member
      • Sep 2009
      • 2105

      #3
      There is nothing wrong with the equities market in terms of value, as well as future profits. The up and down volatility is the result of anxious traders, fund managers, and retirement funds that are desperately trying to take advantage of momentary shifts in share pricing. On those days where the market seems to be going crazy, look at the number of shares traded that day. Many times, large market shifts are the result of very small amounts of activity. Attempts to make money on the back of large pricing shifts almost always result in losses for the stock owner. Market volatility this month does not reflect the positive profit outlook nation-wide. Remember, the dems would gladly pay for any sort of bad economic news.

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      • dogtag
        Senior Member
        • Sep 2009
        • 14985

        #4
        The Stock Market is now a high stakes poker game between billionaires.
        It also follows Sir Isaac Newtons law - what goes down, must come up

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        • Vern Humphrey
          Administrator - OFC
          • Aug 2009
          • 15875

          #5
          Originally posted by dogtag
          The Stock Market is now a high stakes poker game between billionaires.
          It also follows Sir Isaac Newtons law - what goes down, must come up
          Newton was talking about physics, not economics.

          Poker is a zero-sum game -- if somebody wins, someone else loses. The stock market is NOT zero-sum. You invest in physical companies, and become an owner of those companies. When the companies make money, you make money. And I emphasize MAKE money -- companies CREATE things that didn't exist before -- new cars, computers and so on. They increase the amount of wealth in the country, and if you own stock, you share in that new wealth.

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          • Greyjoy
            Senior Member
            • Jun 2018
            • 101

            #6
            It made us start relying on ourselves, small businesses boosted up automatically and China learned a huge lesson.

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            • S.A. Boggs
              Senior Member
              • Aug 2009
              • 8578

              #7
              Originally posted by Greyjoy
              It made us start relying on ourselves, small businesses boosted up automatically and China learned a huge lesson.
              Big +1
              Sam

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