Quote:
Originally Posted by Biggd
So are all the retired posters on here freaking out over the stock market volatility? I'm wondering if it will affect the lakes region spring housing market along with the higher mortgage rates?
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Don't turn theoretical losses into real losses:
Dow-Jones Industrial Average:
NOV 21, 2014: 17,810
NOV 27, 2015: 17,799 (
-0.06% over the previous year, Obama's New Normal)
NOV 04, 2016: 17,888 (
+0.52% over the previous year, Obama's New Normal)
NOV 08, 2016 - Donald Trump elected President...
NOV 24, 2017: 23,558 (
+31.6% over the previous year, since Trump's election)
FEB 08, 2018: 23,860 (still higher than the massive 31.6% gain since Trump's election)
A "Correction". It will return to normal...
I told my Edward Jones broker to buy more of my portfolio.
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