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On November 09 2016 14:20 ShoCkeyy wrote: Should I take all my money out of 401k? Serious question... I'm not happy about tonight's results, but I don't want to get fucked either...
this is probably the dumbest thing you can do. i will be dipping into my emergency fund to buy. make some money off people's stupidity, dont be the stupid person.
When you say money, are you just holding cash? If so then it makes no sense to cash out. Even if you have index funds, the reason you hold them is to mitigate risk through diversification.
i hold significant cash in an emergency fund. i will be dipping into it to take advantage of this dip because it (like all things) will pass. i normally buy 1st and 15th, but people should seriously consider taking advantage of this dip. i will replenish the emergency fund at the end of the month when i would normally invest.
Going to bed. Confident in a Trump vicotry. Crazy day not #bravenewworld stage but its certinly a shocker.
I think the lesson is that you need to sell yourself to win the election and you have to modivate people to vote for you. hillary did not do this and for all trumps faults he did modivate people to vote for him.
On November 09 2016 14:21 TheYango wrote: It's kind of weird to see people in this thread who don't live in the US be more excited about a Trump win than I've been about any election I've been alive for.
Obviously I'll have my opinion on things but insofar as the results won't really affect my day to day life in an immediate way, it's hard to muster more than an apathetic reaction, regardless of the results.
Exception of course being people who actually made money betting on the election.
It's the same bullshit as Brexit. They don't care they just want funny shit to happen for their entertainment.
And this is pretty funny.
As a european, partially true. I personally also see opportunity in President Trump for other countries to get their shit together and not just point their guns in the direction the US tells them to.
Because, if anything changes, it'll be foreign relationships. And not for the better (in regards to the US - for the rest of the world it might be a different story).
On November 09 2016 14:28 NukeD wrote: Where is BiffTheUndestudy? I cant wait to see his comment. Remember him calling Hillary our princess or something like that? He really liked to rub it in.
Don't worry neighbor, they are all on 'the list'. People like Biff have to come in sometime
On November 09 2016 14:25 zeo wrote: The establishment protects the Clintons, the establishment is now dead. It all now depends on how much political will there is to go after the criminals in Washington.
You're overdramatizing the Trump win. The establishment is far from dead.
It takes more than a single presidential election to uproot the Washington establishment. They've been playing damage control since the day Trump became the Republican nominee, and until the public figures out they need to actually care about more than the presidential election, they'll stay where they are.
Considering how many major Republican power players along with many democrats are not fond of Donald Trump, I wouldn't be surprised if Trump is basically just completely hamstrung the second he walks into the white house.
On November 09 2016 14:28 m4ini wrote: We'll see. I'll bet nothing will happen. I will say this though: people are WAY too excited about this win. There will be a harsh disappointment for people (you included) once you realize how little will change.
It's the same as Brexit really. Everyone makes a huge fuss for the first few weeks, then things settle back down and everyone realize nothing actually changed.
On November 09 2016 14:28 m4ini wrote: We'll see. I'll bet nothing will happen. I will say this though: people are WAY too excited about this win. There will be a harsh disappointment for people (you included) once you realize how little will change.
It's the same as Brexit really. Everyone makes a huge fuss for the first few weeks, then things settle back down and everyone realize nothing actually changed.
Well that's because nothing has actually changed yet.
Except, you know, the whole almost lynching of judges n stuff. But "brexiting" hasn't occured at all yet.
On November 09 2016 14:20 ShoCkeyy wrote: Should I take all my money out of 401k? Serious question... I'm not happy about tonight's results, but I don't want to get fucked either...
this is probably the dumbest thing you can do. i will be dipping into my emergency fund to buy. make some money off people's stupidity, dont be the stupid person.
When you say money, are you just holding cash? If so then it makes no sense to cash out. Even if you have index funds, the reason you hold them is to mitigate risk through diversification.
i hold significant cash in an emergency fund. i will be dipping into it to take advantage of this dip because it (like all things) will pass. i normally buy 1st and 15th, but people should seriously consider taking advantage of this dip. i will replenish the emergency fund at the end of the month when i would normally invest.
To each their own but...a large emergency fund is one of the most common financial recommendations that I just never understood. What emergency can you think of where you would immediately need a large chunk of liquid cash.
On November 09 2016 14:20 ShoCkeyy wrote: Should I take all my money out of 401k? Serious question... I'm not happy about tonight's results, but I don't want to get fucked either...
this is probably the dumbest thing you can do. i will be dipping into my emergency fund to buy. make some money off people's stupidity, dont be the stupid person.
When you say money, are you just holding cash? If so then it makes no sense to cash out. Even if you have index funds, the reason you hold them is to mitigate risk through diversification.
i hold significant cash in an emergency fund. i will be dipping into it to take advantage of this dip because it (like all things) will pass. i normally buy 1st and 15th, but people should seriously consider taking advantage of this dip. i will replenish the emergency fund at the end of the month when i would normally invest.
To each their own but...a large emergency fund is one of the most common financial recommendations that I just never understood. What emergency can you think of where you would immediately need a large chunk of liquid cash.
Yango: The GBP is at its lowest value since 1984, there has been decisive action taken by the Bank of England, and article 50 hasn't been triggered yet.