4.1% for 2nd quarter

Sep 6, 2013
27,594
120
0
Explain your rationale

There’s nothing to explain. The only way to make that kind of a return with both the DOW and the S&P dipping only to almost recover back to where they were in January is to be a professional trader and do a lot of buying and selling of individual stocks.
 

DvlDog4WVU

All-Conference
Feb 2, 2008
47,207
3,284
113
There’s nothing to explain. The only way to make that kind of a return with both the DOW and the S&P dipping only to almost recover back to where they were in January is to be a professional trader and do a lot of buying and selling of individual stocks.
Ok, I was only curious what you meant.
 

79eer

Junior
Oct 4, 2008
8,542
391
83

moe

Junior
May 29, 2001
32,848
279
83
Not sure if it Quote is in proper context, however if that is the case I will accept and state he was wrong. The point being made was that the US is unequivocally holding the stronger hand in terms of negotiations with China.
Let's hope it all works out for the best according to the make it up as you go plan.
 

mneilmont

Sophomore
Jan 23, 2008
20,883
166
0
Dave is a known insider trader. He is fully invested in high risk, high return. He had hot tips and unloaded. Nothing grows in your hand but your dick. Hot tips are no good if you don't have the balls to play. Congrats Dave on a very good year.

I do wish I had gone with you, but at my age, I could never recover from a potential loss. You have what it takes to bring the big ones home.
 

dave

Senior
May 29, 2001
60,598
814
113
I'm not a smart man , & I don't have a college degree , but as of right now ....im at 90,000 for the year , just got laid off this morning & was offered 4 different jobs & each one offering more perdium & paying extra hrs on the day ....last time I looked at my stock & annuities (play a little ) my grandkids will get a college education from me ....bottom line ..its the economy stupid & it's rolling
Id say sorry about getting laid off but it sounds like a windfall.
 

dave

Senior
May 29, 2001
60,598
814
113
Who is your financial guy......Is Bernie Madoff doing work from his prison cell?
I dont know. I looked at it the other day and that is where it was year to date. I didnt believe it so I looked deeper at it and it was true.
 

dave

Senior
May 29, 2001
60,598
814
113
There’s nothing to explain. The only way to make that kind of a return with both the DOW and the S&P dipping only to almost recover back to where they were in January is to be a professional trader and do a lot of buying and selling of individual stocks.
Lol.
 

dave

Senior
May 29, 2001
60,598
814
113
There’s nothing to explain. The only way to make that kind of a return with both the DOW and the S&P dipping only to almost recover back to where they were in January is to be a professional trader and do a lot of buying and selling of individual stocks.
The DOW ans S&P are 2 of how many index funds. There are one or two other avenues to invest.
 
Sep 6, 2013
27,594
120
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The DOW ans S&P are 2 of how many index funds. There are one or two other avenues to invest.

Hahahaha.

You don’t even understand what the DOW and S&P are. Otherwise, you wouldn’t make such an asanine comment.

You’re awesome.

[laughing][laughing][laughing]
 

dave

Senior
May 29, 2001
60,598
814
113
Hahahaha.

You don’t even understand what the DOW and S&P are. Otherwise, you wouldn’t make such an asanine comment.

You’re awesome.

[laughing][laughing][laughing]
I understand that you are not very smart but you cant invest in the DJIA. You can invest the Dow and S&P index funds if you want your investments to track the DOW and or the S&P Index. Do you understand what an index fund is?
There are several thousand other investment options. There is even Jelly fund that if you put some cash into it you can be like me.
 

TarHeelEer

Freshman
Dec 15, 2002
89,304
53
48
NYT thinks it did well.

 

atlkvb

All-American
Jul 9, 2004
82,342
5,880
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Wow!

And from June 2017 to June 2018, the national debt grew by 6.8%

Nothing like borrow and spend to stimulate the economy. Republicans becoming Keynesian.

Quite the contrary. Regulations were eliminated or reduced. That's less government! Taxes were cut. That's less power of the government over individual earnings. Investment capital taxes and corporate taxes were cut. That's less government interference in the formation of capital and long range investments which always fuel expansions.

This economy is booming because government is being removed as the giant obstacle it always is on a free economy. Yes spending is still too high, but not because less revenues are coming into the treasury! This economic expansion is simply funding a new round of government spending, which we still have yet to control.

Hopefully Trump and his budget wizards will get this thing under control through much needed reforms and elimination of wasteful spending, but make no mistake, this economy is growing not because of big Government "borrowing and spending" as you characterize, but in spite of it and with less of it through private enterprise and personal income growth as a better alternative.

Keep spinning.
 
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atlkvb

All-American
Jul 9, 2004
82,342
5,880
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...and that is good.

Yes it is, and only the start of the dynamic also underway as a result of less demand on corporate earnings in the form of taxes, and repatriation of investment capital from overseas. As those fundamentals percolate through the economy and result in fresh expansions of private enterprise with even more hiring and commerce, this number will look surprisingly small by the 4th quarter.
 

moe

Junior
May 29, 2001
32,848
279
83
Maybe some day Trump will have as good a quarter as BO did, solid quarter though. Let's see if he can keep it going.
 

atlkvb

All-American
Jul 9, 2004
82,342
5,880
113
Maybe some day Trump will have as good a quarter as BO did, solid quarter though. Let's see if he can keep it going.

He (Obama) sure didn't (keep it going) did he moe?