Current Events > While millions of oppressed peoples' lives become worse, the S&P 500 soars.

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futuresuperstar
11/06/24 10:47:32 AM
#1:


1.87% up so far today and hits an all-time high.
Bitcoin and crypto in general up, as well.

Truly, truly disgusting. Fuck the lives of others, let's just look out for ourselves and our wealth, I guess! All aboard this selfish train.
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BewmHedshot
11/06/24 10:49:24 AM
#2:


Money printer go brrrrrrrr :/
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Squall28
11/06/24 10:55:38 AM
#3:


I voted Kamala, but I'll let these gains soothe the pain at least temporarily. For the people who didn't vote and don't have money to profit off this, you did this to yourself.

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Board_hunter567
11/06/24 10:56:40 AM
#4:


Why wouldn't it?
Deregulations, mergers, union busting, and tax cuts are on the horizon.

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http://i.imgur.com/szMsu.png
Validate your purchases and discredit the purchases of others whenever possible. Numbers objectively define quality and enjoyment.
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theAteam
11/06/24 10:58:17 AM
#5:


It helps my 401k but I don't directly benefit nearly enough on investments to counter the increase of wealth inequality about to happen

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Proto_Spark
11/06/24 10:58:42 AM
#6:


The average stocks would go up, Trump is about to tear the country apart and sell it to all of these places.

It worked when the Soviet Union collapsed... At least you better hope so, because that's basically whats gonna happen.
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BlueTigerLion
11/06/24 11:01:09 AM
#7:


Anyone can own stocks to take advantage of the S&P 500 going to the moon.

Maybe TC upset since they dont own any and missing out on the tendies.

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Hey now.
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CobraGT
11/06/24 11:03:05 AM
#8:


Union busting? This is beneath Trump. He will not deign to notice unions.

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rexcrk
11/06/24 11:09:31 AM
#9:


Kinda wish I was savvy enough to deal with stocks, crypto, etc. >______>


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You know what I blame this on the breakdown of? Society.
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DnDer
11/06/24 11:12:50 AM
#10:


I actually don't blame Trump for this one.

Markets hate uncertainty. The markets hiccuped before the election because there was an election.

Election over, at least the image of stability returned, God of red line go up appeased. Red line go up.

I think we'd have seen the same bump back up after a Harris win.

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Subject-verb agreement. -- t3h 0n3
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megamanfreakXD
11/06/24 11:14:14 AM
#11:


rexcrk posted...
Kinda wish I was savvy enough to deal with stocks, crypto, etc. >______>
It's not hard. All you have to do is buy VOO or VTI and just sit and hold.

I gained $1,000 already this morning just on VOO alone.

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snae99
11/06/24 11:18:19 AM
#12:


megamanfreakXD posted...
It's not hard. All you have to do is buy VOO or VTI and just sit and hold.

I gained $1,000 already this morning just on VOO alone.
If i open up a roth, is it fine to dump all of my contributions into one of those or is it still recommended to diversify? Not sure how it works with ETFs

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Hyena_Of_Ice
11/06/24 11:25:56 AM
#13:


Board_hunter567 posted...
Why wouldn't it?
Deregulations, mergers, union busting, and tax cuts are on the horizon.

So are sky-high tariffs.
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megamanfreakXD
11/06/24 11:29:06 AM
#14:


snae99 posted...
If i open up a roth, is it fine to dump all of my contributions into one of those or is it still recommended to diversify? Not sure how it works with ETFs
I do the boglehead method of investing. Here is the most important page of the book

https://gamefaqs.gamespot.com/a/forum/e/e4d7907b.jpg

https://www.amazon.com/Bogleheads-Guide-Three-Fund-Portfolio-Outperforms/dp/1119487331

VOO/VTI is already diversified enough. You can add popular small caps like SCHD. And get ETF of the vanguard international one.

Follow /r/bogleheads or /r/ETF for common picks. But everyone just buys VOO and hold.

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futuresuperstar
11/06/24 12:01:42 PM
#15:


BlueTigerLion posted...
Anyone can own stocks to take advantage of the S&P 500 going to the moon.

Maybe TC upset since they dont own any and missing out on the tendies.
I have 6 figures of money in the stock market and S&P 500 ETFs.
I can profit right now and simultaneously feel disgusted by it.
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Guide
11/06/24 12:09:46 PM
#16:


BlueTigerLion posted...
Anyone can own stocks to take advantage of the S&P 500 going to the moon.

Maybe TC upset since they dont own any and missing out on the tendies.

How could you interpret this when tc said the exact opposite

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BlueTigerLion
11/06/24 12:25:08 PM
#17:


Guide posted...
How could you interpret this when tc said the exact opposite

I just read title my bad.

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Hey now.
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Guide
11/06/24 12:33:47 PM
#18:


BlueTigerLion posted...
I just read title my bad.

You know, this used to piss me off, but now I think it's just the human condition. Like how men seemingly can't pee in urinals properly without a target.

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futuresuperstar
11/06/24 7:07:12 PM
#19:


2.53% by end of day.
Bleh.
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Lokarin
11/09/24 8:01:50 PM
#20:


Question for the people with more economic savvy than me: How do you know if a stock/index fund actually went up, or if the US dollar went down (which would in turn make stocks LOOK LIKE they went up when they're actually about the same)

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NeonPhoenix
11/09/24 8:02:18 PM
#21:


My Tesla stock is doing gangbusters right now >_>

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DnDer
11/09/24 8:10:43 PM
#22:


NeonPhoenix posted...
My Tesla stock is doing gangbusters right now >_>

The numbers sure went up.

I'm not going to believe anyone here is trading stock that costs that much a share.

And I know we've got some lawyers in here no less.

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#23
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ultimate_reaver
11/09/24 8:15:25 PM
#24:


Same as it ever was

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