Chump has to be freaking out about this market.

[DemocratSinceBirth]

He looks like a loser.

[MontanaMama]

1. I'm kinda freaking out about

this market. My 401K has lost fifty grand in the last month. I was hoping to be retired in the next 10 years.

[DemocratSinceBirth]

2. If your horizon is ten years you should be fine.

[The Velveteen Ocelot]

9. Kinda sucks for those of us who are already retired, though.

[The Velveteen Ocelot]

3. He's blaming it on everybody else, as he always does.

The Fed chairman, the Democrats, anybody but him. Most of the time presidents don't have much direct effect on the market, but Trump's tariffs and the weird stuff he blows out his ass do cause at least temporary oscillations. Anyhow, if he wants to take credit for last year's rising DJI (which wasn't his doing), he'd better be ready to take responsibility when it falls.

[SWBTATTReg]

4. You're absolutely right and that is my fear, is that he'll announce some idiotic process/exec. ...

order to 'goose' the economy and of course this will backfire. Anything he's done (including the stupid 2017 tax cut and jobs bill) isn't doing one bit of good. They blow far more hot air out of their mouths and use it to substitute for so called smarts.

Leave the job for those who really do know what's going on, i.e., leave the federal reserve alone, leave for that matter, everything alone.

[politicaljunkie41910]

13. Don't forget the "Glitch" he also blamed it on.

Unless that "Glitch's" name is Donald Trump.

[TygrBright]

5. Oh, cool, is it way down again?

I always buy a few more VOO shares when the bargain prices kick in.

interestedly,
Bright

[DemocratSinceBirth]

6. What's your time horizon?

It's more likely than not the market will be lower on 1/3/20 than it is now.

[TygrBright]

7. We're looking at five-to-seven, possibly longer.

Thing is, the portfolio is a little securities-heavy at the moment, so we could use a bit of balance.

And I just LOVE bargains!

optimistically,
Bright

[DemocratSinceBirth]

8. Dollar cost averaging.

However it's likely the economy will be crap while Chump is running for re-election, if he makes it that far.

[TygrBright]

11. That plus re-investing dividends. I'm actually more concerned...

...that the inflation hawks are going to pressure the Fed into going back to ZIRP.

Unlikely, but with Brainless in charge, you never know what kind of shenanigans they'll get up to.

cynically,
Bright

[DemocratSinceBirth]

12. Two points

1) If it was up to Trump we would have free money and massive spending with 5% GDP growth but a banana would be five dollars.

2) If we go back to ZIRP we have no flexibility in a recession.

[TygrBright]

14. Can't disagree with either. n/t

[jayfish]

10. He's a Sociopath.

The only thing he is freaking out about is keeping his arse out of the clink.

[spanone]

15. it's his policies that are causing the volatility.

he's trying to run the country like he ran the trump business that went bankrupt time after time