12-19-2018, 01:11 PM
(12-19-2018, 01:07 PM)michaelsean Wrote: There are ways to invest that will produce positive results over a long term, but the people out there shouting the sky is falling or you're going to make a ton are guessing. I thought this recent downturn was because people were saying there could be a recession next year.
There are a multitude of legitimate reasons for the ups and downs and volatility of the market. And the are plenty of non-legitimate reasons that get bandied about.
Big reason why I don't want social security funds placed in the hands of the traders. But I digress...
https://www.washingtonpost.com/politics/2018/12/19/trump-celebrated-dow-year-one-promising-better-it-got-much-worse/?noredirect=on&utm_term=.e7d4e4f457e2
Second worst second year of a presidency since GW in 2002.
Lot's of reasons, and I do not praise or blame the POTUS for most of them. But his recklessness is making traders nervous rather than being a steadying influence and that is not helping.
![[Image: giphy.gif]](https://media0.giphy.com/media/1kwsTjL8BNqlszNtnCE/giphy.gif)
Your anger and ego will always reveal your true self.