COVID-19

[pimpis zajoba]

The Dow was almost up about 50% from when Trump took over in early 2017 to its peak about a month ago (20,000 to just shy of 30,000). Even after the mass sell-offs due to the panic, it’s *still* up 15% from when Trump took over. In other words, if it weren’t for the roaring first 3 years of the economy, this virus would have caused people to (at this point) be far in the hole compared to where they were 3 years ago. Instead, most people are STILL up even after a mass virus-induced sell off. All thanks to the 2017-2019 success. Now if it all of the sudden gets way worse then that will all change fast, but in that case it would be virus driven instead of being driven by “normal” things.

I know you understand all of this - it’s easy elementary math. You’ve just been so stung by all of Trump’s success over the last three years that you’re thrilled there is something that has finally put a dent in it......even if it’s a serious virus.

This “bailout” is only because of mass cancellations which have caused an unprecedented break in economic activity.....all due to a historic virus. Celebrating the political implications of that is just creepy.

Literally all you have to gloat about is a virus. Pathetic. I guess that’s what happens when all of your other predictions like Mueller fail. Remember when all the know-nothings whose tweets you obsess over had you convinced Mueller would be sending Trump to jail?

Trump is going to grab you by the pussy....you little pathetic loser.

[vnzla81]

The Dow was almost up about 50% from when Trump took over in early 2017 to its peak about a month ago (20,000 to just shy of 30,000). Even after the mass sell-offs due to the panic, it’s *still* up 15% from when Trump took over. In other words, if it weren’t for the roaring first 3 years of the economy, this virus would have caused people to (at this point) be far in the hole compared to where they were 3 years ago. Instead, most people are STILL up even after a mass virus-induced sell off. All thanks to the 2017-2019 success. Now if it all of the sudden gets way worse then that will all change fast, but in that case it would be virus driven instead of being driven by “normal” things.

I know you understand all of this - it’s easy elementary math. You’ve just been so stung by all of Trump’s success over the last three years that you’re thrilled there is something that has finally put a dent in it......even if it’s a serious virus.

This “bailout” is only because of mass cancellations which have caused an unprecedented break in economic activity.....all due to a historic virus. Celebrating the political implications of that is just creepy.

Literally all you have to gloat about is a virus. Pathetic. I guess that’s what happens when all of your other predictions like Mueller fail. Remember when all the know-nothings whose tweets you obsess over had you convinced Mueller would be sending Trump to jail?

I don’t think you know how the economy works as all you do is repeat is stuff you hear in Fox News

[Mr. Mass]

Clown Trump's Incompetent Leadership vs. Our Glorious European Superiors

Region	Infections	Deaths
Europe	46,433	1,808
USA	2,499	55

Trump once again fails. The mainstream media and my pockmarked left-wing friends on Facebook were right.

[Sollozzo]

I don’t think you know how the economy works as all you do is repeat is stuff you hear in Fox News

Lol the Dow stuff is just basic facts (which are obviously correct because you aren’t disputing them lol).

[Sollozzo]

Trump is going to grab you by the pussy....you little pathetic loser.

Lmao. You are kind of funny, I’ll give you that.

[Dr. Hibbert]

Dear God, can any of you just view anything objectively? Trump's admin has done a lot of bad stuff that's not to be undersold ... but you can't lump the economy in with that, and you can't yet really lump COVID-19 response in with that, based on any of the facts we have available.

[vnzla81]

Dear God, can any of you just view anything objectively? Trump's admin has done a lot of bad stuff that's not to be undersold ... but you can't lump the economy in with that, and you can't yet really lump COVID-19 response in with that, based on any of the facts we have available.

Fact is the buffoon didn’t want coronavirus numbers to be too high so he made his government ignore testing for a long time, no testing = no coronavirus in his mind.

So yeah he is responsible for this getting worse as he is also the one that got rid of the agency in charge or controlling all this stuff.

https://twitter.com/nprfreshair/status/1238186469690429440?s=21

[BlueNGold]

Lol some people start making 40k a year and get 401k and act like they are part of the 1%

If BNG is right and his return in three years is 7% that’s pathetic and somebody should be ashame of been proud of that

Also if the economy was so great the buffoon and his people wouldn’t be talking about a bail out package right about now, no “great economy” has to do a third bail out in less than a year.

It's actually per year, not over the course of 3 years that I got that return. 8% is what people plan for long term. If in a bear market right after a crash you are getting 7.8% per year for the last few years, you're doing fine.

[vnzla81]

That's per year son. 8% is what people plan for long term. If in a bear market right after a crash you are getting 7.8% per year for the last few years, you're doing fine.

Unless you are bill gates that is s***

If you have 100k in the market that’s a total of 8k minus fees and whatever else you need to pay, trash.

But sure keep pretending you are part of the 1% because of it lol

[Sollozzo]

Unless you are bill gates that is s***

If you have 100k in the market that’s a total of 8k minus fees and whatever else you need to pay, trash.

But sure keep pretending you are part of the 1% because of it lol

That's way more than $8K since 2017, the only thing that is trash is your lack of ability to grasp the concept of compounding math year over year

[vnzla81]

That's way more than $8K since 2017, the only thing that is trash is your lack of ability to grasp the concept of compounding math year over year

Whoa watch out Bill Gates BNG is coming to take your place

Gets 8k in stocks think it’s part of the 1% and kisses a buffoons a** because of it

[vnzla81]

By the way I know for a fact that’s about 3% return if you are lucky but sure let’s let you be all of you happy with the made up amount of 7% or so, that number is trash for a middle class individual

[BlueNGold]

Unless you are bill gates that is s***

If you have 100k in the market that’s a total of 8k minus fees and whatever else you need to pay, trash.

But sure keep pretending you are part of the 1% because of it lol

The average historic annual return of the S&P 500 is 8%. I have always done better than that, but that's not trash especially right after a market crash.

Also, I'm not in the top 1% but I have a whole lot more than 100K in the market.

[Sollozzo]

Whoa watch out Bill Gates BNG is coming to take your place

Gets 8k in stocks think it’s part of the 1% and kisses a buffoons a** because of it

Wow, you really still think it's $8K lmfao. You're really embarrassing yourself with your inability to grasp the concept of compounding math year over year (i.e. the enitre point of investing lol)

It would be more like a $25,000 gain in that example AFTER the recent panic selloff - he's not saying 8% total, he's saying 8% average every year even with a panic sell off (so a much higher average than 8 if not for the virus - 2 months ago it would have been very high). It would have been way higher before the recent panic selloff, maybe even as much as close to a $50K gain since the Dow increased by roughy 50%......But that's the point - the gains were so high from 2017 through the beginning of 2020 that people are STILL up even after an unpredented virus panic.

[BlueNGold]

By the way I know for a fact that’s about 3% return if you are lucky but sure let’s let you be all of you happy with the made up amount of 7% or so, that number is trash for a middle class individual

No it's not. Invest in Vanguard and the expense ratios are tiny. Also, those percentages take into account expense so with all due respect you have no idea what you're talking about.