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Today's Poll: Are you concerned about downturn in stock market?

By Howard B. Owens
tom hunt

A standard " Blow Off" or correction in an over heated Stock Market. Should create buying opportunities for the individual stock picker.

Feb 6, 2018, 11:39am Permalink
Daniel Jones

Everyone should be worried about a dip in the stock market. Possible that this is part of a normal fluctuation, but it's something that anyone with a 401k, pension or other investments should be watching closely.

Feb 6, 2018, 12:46pm Permalink
Howard B. Owens

Actually, somebody on a network said last night, if you're invested in the stock market, nothing to worry about. Ride it out. If the money you invested is money you will need in the next year, then you shouldn't have had it in stocks to begin with.

The only 401k plans that will be hurt are the ones who probably should have been out by now.

Feb 6, 2018, 4:48pm Permalink
Ed Hartgrove

OMG!
No wonder the stock market is going haywire! THE SKY IS FALLING, and, I CAN'T GET UP.
Hot off the press (from https://www.cnet.com/news/jim-carrey-wants-you-to-unfriend-facebook-ove…)
[ In a tweet using the hashtag #unfriendfacebook, (actor Jim) Carrey asked all "other investors who care about our future to do the same."

Carrey's campaign comes amid criticism of Facebook's handling of ads during the 2016 US election. The world's largest social network, along with Twitter and Google, have been scrutinized in recent months by Congress after US intelligence agencies determined that the Russian government had used these platforms to disseminate false news and advertisements in an attempt to influence US elections in 2016.

The social-networking giant also said in September it had identified about 500 "inauthentic accounts" that bought $100,000 worth of ads that targeted highly politicized social issues such as immigration, guns and immigration.]
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So... I guess Jim Carrey now realizes the Russians figured out that a large number of Americans were susceptible to Facebook ads (and, I would think, tweets on Twitter), which would result in them leaning left or right in their political thinking.

Oh, wait. Maybe Jim Carrey actually realized that HIS "take on politics" was influenced by Facebook/Twitter/Google. Yes, Mr. Carrey, YOUR use of those platforms has made you STUPIDER. In fact, he apparently hasn't quite grasped the concept of "informed intelligence", as he used TWITTER to condemn Facebook. I guess the fact that Twitter was also named as being used by the Russians didn't sink into his thought process. Maybe he should stick to his career choice, which entails reading, memorizing and repeating other people's dialog. Oh, wait. That's what he apparently did - if he's tweeting/re-tweeting messages about political ideas.

I heard somewhere that "tweeting on twitter was for twits".
Mr. Carrey. You are now the poster boy for that theory. Anyone who bases their political votes on Facebook ads, Twitter tweets, etc., should have their heads examined. (I would have said that anyone who bases their political thinking on what they've learned through Facebook/Twitter should have their voting rights curtailed, but, the constitution guarantees voting rights to everyone - even the stupid people).

Feb 7, 2018, 11:28am Permalink
Howard B. Owens

Exactly that, if you're in a position where you are going to need your money within the next year, you shouldn't be invested in stocks. Stocks are a long-term strategy for financial growth, not short-term.

Feb 7, 2018, 2:45pm Permalink

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