jan 21 2021 the dow closed at 31,188
it closed today at 33184.
a gain of over 6%
facts matter
Maybe they don’t matter to Six?
zantax
265
Lol, gain of over 6% with 7.5% inflation, you just lost money.
1 Like
Oryx
266
Better than a savings account or under your mattress.
zantax
267
Not even close to real estate. Shame that means much higher rent for poor people though.
Oryx
268
Yeah, rent prices are ridiculous, I don’t know how poor people do it. I know we’re only talking about the Biden administration here (because party politics is more important than anything else), but the stock market historically outperforms real estate, which barely outpaces normal inflation.
Let’s not be too hasty. lol
Off to another red morning after another red closing. lol
Adam
271
Why is that “lol”? Do you not have money in the stock market? And the nuclear plant getting shelled messed up a lot of indexes over the night, and a really good jobs report just solidifies the rate hikes that are coming. Stock market normally does worse after a good jobs report.
Look over there! Another excuse! 
Adam
273
Excuse, explanation. Still not sure why the stock market going down is funny. Do you seriously not have money there?
zantax
274
Having money in it doesn’t guarantee you will be unhappy if it goes down. Depends when you want to take it out and if you are still buying.
Can’t be sleepy and destructive at the same time I guess. lol
2 Likes
Well, let’s check the numbers. DJIA was about 30000 when he took office. Today it is about 33000. That’s a gain of 10% in about a year. That’s not bad.
1 Like
This will not end well.
Remember when I talked about this…and you guys laughed at me?
I’m not laughing my self (this isn’t funny), but I hope you’re paying attention now.
Those who fail to learn from history are always doomed to repeat it. And you can count on the remediation being a *****.
2 Likes