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33
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3 wk. ago

  • The market goes through boom/bust cycles. This particular bust cycle is being precipitated by shitty political policies. You should be studying the prospectus for the stocks/products you are buying through your 401K. The prospectus tells you what company stocks make up the investment product, and will show you the long term performance. If you're worried about US markets, you can move your some of your holdings into European/Asian stock products for a bit more diversity. In terms of risk, the stock market is riskier than the bond market, however bonds tend to preserve the purchase value over time rather than generate profit. The higher the risk, the higher the reward. What I have done is take my dividends/profits out of the stock side of the market, and use them to purchase bonds. This way I preserve the profit, and the original investment used to generate the profit stays in the risky part of the market to hopefully keep generating profit. Since the market is taking a big hit right now, now would be the time to buy, while the prices are lower, understanding that you are betting on a recovery which might not happen. Any financial advisor worth their salt would at the very least tell you to diversify your porfolio, as in don't put all of your eggs in one basket. I would take this a step further to say, you should build up a savings account and not count on something risky like the stock market to be there for you when you retire. The stock market is just gambling.

  • Many of the Arab Americans that voted for Trump voted that way out of pure misogyny. They didn't want to vote for a woman. Let's face it, the home grown Trumpers voted that way for the same reasons, misogyny, homophobia, transphobia, and racism. Anyone that proudly voted for Trump gets no help or sympathy from me. FEAST YE LEOPARDS!

  • I got a temp ban for calling Usha Vance a class traitor. I said that when fascism progressed far enough she would likely not be safe from the overt racism and patriotism because she's brown. 3 day temp ban. Reddit is shilling for the fascist and corporate overlords. That along with warnings just for upvoting posts. Those who make peaceful revolution impossible will make violent revolution inevitable.

  • Trump is such a piece of garbage. These funds were allocated by congress. This is unconsitutional.

    “All Bills for raising Revenue shall originate in the House of Representatives; but the Senate may propose or concur with amendments as on other Bills.” — U.S. Constitution, Article I, section 7, clause 1

    “No Money shall be drawn from the Treasury, but in Consequence of Appropriations made by Law; and a regular Statement and Account of the Receipts and Expenditures of all public Money shall be published from time to time.” — U.S. Constitution, Article I, section 9, clause 7

  • He's giving you the rationale for why the US government is blowing shit up. He didn't say he agreed with it, and he didn't say it was right. The Suez Canalis an artificial sea-level waterway in Egypt, connecting the Mediterranean Sea to the Red Sea through the Isthmus of Suez and dividing Africa and Asia (and by extension, the Sinai Peninsula from the rest of Egypt). The 193.30-kilometre-long (120.11 mi) canal is a key trade route between Europe and Asia. The attacks the Houthis carry out disrupt trade. This is making our corporate overlords lose money. Since the US government is just a puppet for corporate interests, yeah, the corporate overlords are letting the US military dogs loose on the Houthis. The corporate overlords and US government don't give a shit about civilians dying via collateral damage.