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M16A4 11 points ago +11 / -0

Great indicator.

The market has the most current information.

Stocks up = trump win

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Buck_oh_five 12 points ago +12 / -0

NBC is actually claiming the market going up today is a sign of a “blue wave” 🤡🌏

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M16A4 9 points ago +9 / -0

So the guy stating he's increasing corporate tax and imposing travel restrictions on day 1 causes stocks surrounding travel and entertainment to increase?

That checks out with my understanding of economics.. 🙄

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deleted 3 points ago +3 / -0
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Fremium2020 7 points ago +7 / -0

There was a CNN article claiming that in 2016 as well.

Rinse and repeat.

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TwoStar 2 points ago +2 / -0

Such idiots. They never heard that wise guidance "never go full retard".

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ObongoForPrison2020 6 points ago +6 / -0

Hahahaha they literally call it the "Biden Bump." The same guy who is going to raise taxes on corporations and go after their profits. Unbelievable.

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solomonwiebe 9 points ago +10 / -1

This guy is diversified! 100% RKT and looking GREAT today.

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carl7967 [S] 5 points ago +5 / -0

Started assuming a Trump win about 2 months ago and traded accordingly

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solomonwiebe 4 points ago +5 / -1

Going to be a lot of poor Democrats after today! Hecken credit card wouldn't let me cash advance a $5000 bet on red. Mastercard get bent.

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deleted 7 points ago +7 / -0
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deleted 4 points ago +4 / -0
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deleted 1 point ago +1 / -0
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swimminginthoughts 4 points ago +4 / -0

We need our own wall Street bets section!

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TwoStar 2 points ago +2 / -0

Like I said last week when it got bumpy - buckle up, buttercups! We are about to be off to the races again.

The market knows. There is real money at stake here and real money says "fuck your feelings".

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deleted 2 points ago +2 / -0
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thebigbear 2 points ago +2 / -0

It is WHEN not IF.

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deleted 1 point ago +1 / -0
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Pepega 1 point ago +2 / -1

I don't trade stocks at all outside of moving my 401k/roth in and out of cash back into an aggressive 2060 group. I took mine out at 28,500 before covid crash and put it back in at 21k, road it down and back up to now. Felt pretty good avoiding the dip and riding it up, missed the real high and low but still.

Any guides or specific apps / websites to use that are best? I want to start trading a little here and there. Just made some money from real estate type stuff which is great but i'd like to diversify. Noob here

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M16A4 3 points ago +3 / -0

Those target retirement funds typically underperform the overall market pede.

I'd recommend some type(any) of growth fund, if you are 40 years out from retirement. 80% domestic 10% intl and 10% bonds.

This is how I'm positioned and am likely in same age bracket.

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Pepega 1 point ago +1 / -0

Hmmm, It's through work and they match up to a certain percent. Not sure i can pick just any fund or? Seems like I'm restricted to a certain list. If they didn't match I'd do it all on my own.

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M16A4 2 points ago +2 / -0

Yeah, you should still be able to elect different funds!

Not sure your provider. But I've had both Vanguard and currently Fidelity and they both allow it. If you sign into your account, you should be able to change your investment allocation. As in where your deposited funds go.

Yes, there is a set list of mutual funds, but your provider should offer something with slightly more risk which ideally has a higher return. At our age, it's ok to take on risk in portfolio, especially a retirement account.

Employer match will still be guaranteed regardless of fund you are contributing too.

Feel free to ask any questions.

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carl7967 [S] 3 points ago +3 / -0

Most custodians like Schwab, TD, ETrade have free trades now so either one of those is good if you're looking to do day trading.

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deleted 1 point ago +1 / -0