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grantcart

(53,061 posts)
Tue Dec 31, 2013, 11:36 PM Dec 2013

A Year to Forget? Give me a fucking break

Yahoo, AP, all of the mush brained mass media wholesalers have labeled 2013 as a year to forget.


http://www.usatoday.com/story/money/markets/2013/12/31/market-year-end-high/4263237/

The stock market posted in 2013 its best gains since the go-go '90s, defying the skeptics and proving that the bull market is alive and well as it nears its 5th birthday.

Stock investors will soon be in 401(k) heaven.

The broad U.S. stock market put an exclamation point on its record-breaking year on the final trading day of 2013, powering to yet another all-time high and posting its biggest percentage gain since 1997, or 16 years ago.

"Good to the last drop," is the way Dwayne Adams, a certified financial planner at Adams Wealth Management Group, summed up the best year for the Standard & Poor's 500 stock index since 1997. The closely tracked benchmark index rose 29.6%, a mega-move that will be reflected in much fatter retirement account balances when investors rip open their statements in coming weeks.



It took the Dow Jones Index 120 years to get to 6,700 and in the last 5 years it has exploded to 16,576.

That is what they want you to forget.

Cutting food stamps and ending unemployment.

That is what they want you to forget.

Cities of homeless in our cities.

All to be forgotten.

What they want you to remember is the nonsense, an unwatchable show with an unbearable scripted character about making devices to kill waterfowl and how that idiots feelings have been hurt because he couldn't conceal his hateful feelings for, gays, women, and well just about everybody who doesn't fit his demographic.

There is only one thing that matters in 2014.

Making Pelosi Speaker.

That is what they really want you to forget.
14 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
A Year to Forget? Give me a fucking break (Original Post) grantcart Dec 2013 OP
Must be nice to get substantial income from the stock market. MannyGoldstein Dec 2013 #1
+1 darkangel218 Jan 2014 #3
I woke up this morning and my jacuzzi wouldn't work Fumesucker Jan 2014 #4
well "the market" is way up hfojvt Jan 2014 #14
Exact;y. Dow Jones gains the most in a year since.....the last time a Democrat was President. More okaawhatever Jan 2014 #2
A$$hole Corporatemediawhore Idiots.. I forgot about them Cha Jan 2014 #5
same here---I can't stand them. Yecch!! BlancheSplanchnik Jan 2014 #8
Happy New Year, Blanche! Cha Jan 2014 #12
GOTV2014! sheshe2 Jan 2014 #6
Rec City! Cracklin Charlie Jan 2014 #7
pelosi....best speaker ever. ms. magazine did an article on her a few years ago. BlancheSplanchnik Jan 2014 #9
k&r... spanone Jan 2014 #10
Not bombing Iran and Syria. Oh, the horror! That woiuld have been a gift to media! Screw 'em. n/t freshwest Jan 2014 #11
absolutely one of the best mackerel Jan 2014 #13
 

MannyGoldstein

(34,589 posts)
1. Must be nice to get substantial income from the stock market.
Tue Dec 31, 2013, 11:41 PM
Dec 2013

Not only would that put one in a high-asset bracket, which is always nice, but you get your own trillion-dollar-a-year bailout from the Fed to keep the market propped up.

Lots of chocolate for me to eat
Lots of coal makin' lots of heat
Warm face, warm hands, warm feet
Oh, wouldn't it be loverly?

Fumesucker

(45,851 posts)
4. I woke up this morning and my jacuzzi wouldn't work
Wed Jan 1, 2014, 12:17 AM
Jan 2014

And then the butler quit on me, man can you believe it

hfojvt

(37,573 posts)
14. well "the market" is way up
Wed Jan 1, 2014, 01:43 AM
Jan 2014

but the stock I bought in May is still down by about $1.75 per share.

Hmm. I sure know how to pick them.

Let's see. I made (by my calculations) $645.42 plus some dividend income, maybe $300 or so. Still own 350 shares being $1.35 below break even on those shares. So, on paper, I am out $472.5.

But the dividend pays over 4% and thanks to the Obama-Bush tax cuts, dividend income is tax free for me. So I can hang onto them until I get back that $1.35 a share (and more).

Now, if I had bought 100 shares of FB in May, I could have turned $3500 into $5500. 100 shares of Twitter in November would have made $2000 in about six weeks.

But it's always easier if you have a crystal ball. At some point I kinda expect both of those to go dot com. FB after all has a P/E ratio over 100, and Twitter is not earning any profit so far.

okaawhatever

(9,462 posts)
2. Exact;y. Dow Jones gains the most in a year since.....the last time a Democrat was President. More
Wed Jan 1, 2014, 12:02 AM
Jan 2014

proof that the economy is artificially held back by Republican obstructionism and failure to pass budgets. The Republicans are holding back a good recovery folks, let's stop them in 2014.

Cha

(297,323 posts)
5. A$$hole Corporatemediawhore Idiots.. I forgot about them
Wed Jan 1, 2014, 12:37 AM
Jan 2014

in 2002 and that was long overdue. Having just started watching in 1999.



grant

BlancheSplanchnik

(20,219 posts)
8. same here---I can't stand them. Yecch!!
Wed Jan 1, 2014, 01:12 AM
Jan 2014

Poisonous parasites reich wing owned flying monkeys.



Happy 12 minutes into 2014!!! (At the time I'm typing this)

Cha

(297,323 posts)
12. Happy New Year, Blanche!
Wed Jan 1, 2014, 01:33 AM
Jan 2014

I was talking to my sister in New York. She set her alarm to call me at Midnight, EST! Sweet~

mackerel

(4,412 posts)
13. absolutely one of the best
Wed Jan 1, 2014, 01:34 AM
Jan 2014

years of my life! sad to see 2013 go but I feel confident the 2014 will be just as good.

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