DOW 20k!!! - the investing thread

Really it isolates China; the export 90% of products because their population is older and few kids. One child policy of 80s are now 45. Everyone with kids knows when you have them need stuff

 

So true. Those of us that don't have a pile of cash laying around for something to do, need to go with investing not trying to time the market. Timing can pay off, but they also say not to play with money you can't stand to lose. So, I go in for the long term and try to ignore the noise.

 

You're OLD !!!!

I try not to think about 2008. I lost a lot of money then. What I didn't lose was my long term investments.
So yeah, ignore the day traders and hedgers freaking out when they freak out.

 

I didn't even start a job where a 401k was available until 1988. Prior to that I had been working minimum wage jobs, mostly 2 jobs at a time and trying to survive. In the 1980's and 90's (and even later) it was very common not to be able to actually start a 401k until you had been employed at a place for a year. I had one job that you didn't get to start a 401k until you had been there a year plus the start of the next quarter. I started in early April (the beginning of a quarter), so wasn't eligible for 401k until July of the following year.

My how times have changed, where dang near every place starts benefits from day one, even small businesses. And some of them automatically enroll you in a 401k unless you specifically opt out.

 

Pigs get fat Hogs get slaughtered. Sit back, relax, do not sell, it will come back just like the last 30 years.