Been paying attention to the stock market again.....

[dadsbee]

Like going into business 49/51 with your 21 years senior Father in Law. I could write pages, but I won't.....

 

[Ron H]

Like going into business 49/51 with your 21 years senior Father in Law. I could write pages, but I won't.....

Oh yeah, I’ve posted about that sort of thing too. Machine shop I was with, co-owners; but one spouse held 1% and eventually did NOT work well. Sadly, the good owner held the 49%. Lol, could write a full screen or more as well. (I maybe already did that.)

 

[dadsbee]

I was the Engineer that suggested the business plan, that knew how to make it all work, and he was the salesman old enough to be taken seriously by TRW, Bendix, etc when he walked into their facilities. I was 23 and would have been laughed out their doors. I guess I can't really complain as we did well for almost 38 years. I've never been given anything in life but an opportunity, but I still got fawked when it comes right down to it with him mandating he owned all the properties and then sucked us for outlandish rent. Married with $13.84 in the bank and a bun in the oven I have done well, but also at the expense of missing over 20 years of family life right out of the gate. I slept in the plant for over 4 years after start up, while he went home every day at 5, all while I had a 3 little kids at home. The good out of it all, we set up a medical plan with the two of us and 4 fictitious people (needed 6 for a plan) that cost us less than paying for all the prescriptions for our families. The Mutual Life guy got me putting money into an RSP at the same time. What I put in, as to what we have now is about 15X value.

 

[YY1]

You would think the grandfather would want just a bit better for his flesh and blood.

 

[AR67GTX]

A lot of years ago I went to an Edward Jones seminar and well, they were the only ones that impressed me. A friend of mine uses them and he seems to have done pretty good....and I probably should have used them too.

We were with Edward Jones for a while and really have no complaints. But our advisor got into it with them over diversity training (DEI crap) a few years ago and refused over religious concerns to participate. They gave him a bye the first year but the second year (late 2020/early 2021) they said he would have to attend and participate or resign. So he resigned and went to LPL. We really liked him a lot and were torn over what to do. We went to meet with his replacement who was a young, arrogant ,know-it-all who turned me off immediately. At some point I told him I was most concerned about the future of the market over the next few years with the new administration. He proceeded to tell me about how that was nothing to be concerned about and all of their analyst were upbeat over the markets prospects and expecting great things. Decision made, I got up and told him it was nice to meet him, left and called up our old advisor and transferred our accounts over to him. It took a little bit for the market to eventually tank, but tank it did. Hoping we eventually get it all back before it tanks again. But at least our advisor talks straight with us.

 

[Dennis H]

Mission Square just got replaced by Empower. 457. We will see. Screenshot this weeks happy numbers because they will fluctuate.

 

[dadsbee]

DOW 36,257 today!
TSX 20,343

 

[Ron H]

DOW 36,257 today!
TSX 20,343

We’re in the money, we’re in da money…until..

 

[dadsbee]

We’re in the money, we’re in da money…until..

Lol yep. The Christmas bonus season for brokers! Just hope a bunch of them are Eukranian and continue the push until their Christmas in January!!!

 

[Ron H]

Lol yep. The Christmas bonus season for brokers! Just hope a bunch of them are Eukranian and continue the push until their Christmas on January!!!

It’s always Christmas time for da gov-ment. One of many examples: Every time someone wins a lottery, even though the cash paid for the ticket is after tax, they always WIN too. No wonder why they spend mega-billions of our tax dollars, blowing it like it’s pocket change, and it is never enough…so let’s just go further in debt. Hell, here I am keeping debt-FREE…when I could have a 100 Hemi’s!

 

[dadsbee]

Not sure how we got to the government on that one.... BUT our lottery winnings are TAX FREE in Canada! LOL

 

[Ron H]

Not sure how we got to the government on that one.... BUT our lottery winnings are TAX FREE in Canada! LOL

Oh, I did NOT know that..

 

[dadsbee]

36550...

 

[Sam69sat]

It has a long way to fall in the upcoming market crash. Unlimited money printing has consequences. Probably worse than 2008 where it dropped nearly 50% when we had a stronger economy, less debt, and less world conflict.

 

[YY1]

Not too excited about a one day surge.

 

[dadsbee]

One day surge? Been a fairly steady climb. I'm up 5% in the 8 weeks since I last checked mid October. Now if it would just keep going at that rate, which it certainly won't, that would be 30% per year. Of course that's the short picture, as the October the market was down. I'm actually only up 3% since late April when the market peaked in the spring.

 

[YY1]

"January effect" will give you another couple points.

...then....

 

[dadsbee]

"January effect" will give you another couple points.

...then....

That's all I ask, I just need it to stay up until January so I can get my 2024 withdrawal out, then it can beat along for another year! lol

 

[wahya]

The land is the only thing in the world worth working for, worth fighting for, worth dying for, because it's the only thing that lasts"..... Gerald O'Hara, Gone With The Wind.

 

[dadsbee]

Currently 36,998 and climbing while the Fed Reserve Chair speaks. Highest prior in history was 36,799.

10 minutes later....
Now 37,065