JerryS

Porktown

JerryS
Where have you been for the last 13 years where one of the longest bull markets occurred (600+ percent gains)?  So far we haven't even lost the gains of 2021.  If you have many years before retirement you should welcome this pullback versus the unsustainable nosebleed levels at the start of this year.

I understand your aversion to the gov't throwing money at problems, but do you realize gov't (and Federal Reserve) intervention was one of the main drivers of the 13 year bull market?

Try, more like 250%. Not every company is Tesla. Much of that growth is in a few companies too. So if you were fortunate to grab the right ones, great. I have a few mutual funds that are about 8-9 years long. After this correction, I am up 30% in each. My 401k is not even close to being up 600% in the past 13 years. And imagine 99% are similar to mine.

Agree that it is healthy for the market to correct itself.

What I am saying is, not many average people have $200k or whatever sitting around in cash. It is likely invested if you have that amount. The ultra wealthy on the other hand do keep large sums like that in cash, for instances like this. Maybe some have $10-$20k set aside to try to time the market, turning that into $50k is great, but not making you wealthy.

Has nothing to do with grabbing the right stocks.  If you had $100 in an S&P 500 fund on 1/1/09, it was worth $682 on 1/1/22 (582%).  Today it is worth $560, still up 460%.  My over 600% gains was based on the low in March 2009.  It is hard to be upset with returns like this.  Think long term.
 
Trying to pick the right stocks, or timing the market is a losing game for the vast majority of retail investors.  Unfortunately, I speak from experience .

EMitch
MyWar, it may be that I just assumed since abortion was such a hot button issue that it would almost require or guarantee a ballot referendum. When the court sent it to the states, the vitriol by the pro abortionists, (namely the Democrats, the Feminists, and many Republicans) was so animated over a "right" that was created wrongly by the Supreme Court 50 years prior, it was as if they were a hundred feet under water and the Court was standing on their air hose, looking up and flailing their arms as if their life would be over without being able to kill their unwanted or ill conceived babies. That was not the decision, and they were up in arms over something that they totally misinterpreted, mainly because Democrats such as Schumer and the MSM kept firing them up and edging them on. (Remember Schumer)? "We're coming for you Kavanaugh, we're coming for you Gorsuch". And one crazy even came for Justice Kavanaugh. The issue simply should be a referendum on the ballot, where every voter gets to voice their opinion.
We've had referendums for other choices on the ballot, I believe in the last election. There was a referendum about judges.

EMitch

MyWar
I’m not even sure why one would expect republican lawmakers in PA to offer such a choice on a referendum as they have made their position abundantly clear.

You're confirming my original point, MyWar. It is a republican majority in the state legislature, but why are they not being bombarded with letters from all over the districts? It should be in the news but all ya hear is crickets. I'd think that the pro-abortion side would be makin' a lot of noise. Maybe it don't matter near as much as they let on.

DeadGator401
 
You'd expect GOP PA House members to say "Boy we're getting all kinds of mail from our constituents expressing their displeasure with the Roe V Wade Decisions and our own stances on it"?

I don't think I've ever really seen any Politician broadcast the remarks and communications their office gets, unless it's death threats for them and their families. 

Genuine question - is this something that was common in the past? I am pretty sure you're older than me, I'm in my 30's so. 

eyesandgillz
Lol...you can't even make this stuff up:
 
https://www.wfla.com/news...ncing-gas-car-ban/amp/

EMitch
If it was on the ballot as a referendum, and it came back after the election that about 70% favor choice, at least in some degree, then obviously the base (hard core either party) is not as big as they think it is. At any rate, it's only one issue for the coming election, both state and federal, and there's a host of other problems that need to be addressed.

EMitch

Porktown

EMitch
If it was on the ballot as a referendum, and it came back after the election that about 70% favor choice, at least in some degree, then obviously the base (hard core either party) is not as big as they think it is. At any rate, it's only one issue for the coming election, both state and federal, and there's a host of other problems that need to be addressed.

I would have to think that all people that think "no exceptions" are voting Republicans.  I doubt any with that frame of mind would register Dem.
 
The state is pretty even voter wise of 50% Rep and 50% Dem.
 
So, if 100% of Dems voted "at least some exceptions".
 
That would make 60% of Republicans be in the "no exceptions" vote.  That would then suggest the base is what we think it is and why such horrible candidates.
 
Same could be said of some horrible fiscal policies on the Dem's side.

There's no way that all republicans would yield a vote of "no, under any circumstances".
The same could be said of middle of the road democrats, (they're not all radicals, ya know), and let's not leave out the Christian right in either party. Hard core republicans on the right are anti, but you could have anti-s in the democrat Christian right. It's a toss up.