Replies to post #92112 on Your Economy (No Politics) (YE1)

[trader guy]

Only wealth on paper until it's banked. But the wealth effect alone will make it look real.

Some $6 trillion of wealth has been created for Americans — which is very good news for the 55 million Americans with 401(k) plans, the 25 million or so who have IRAs, and another 20 million with company pension plans and employee stock ownership plans.

But it ain't real. A complete illusion. All experts on the biz channels are talking it up and making it sound like the buying opportunity of lifetime. Which it is, for them. Or anyone else that knows when it time to leave the party. But all the noobs don't know squat about how to pick the top, how to know when it's time leave the party. They'll unknowingly give a good portion if not all of their hard earned money to experts, who're already salivating at what they know is to come. And that's been the plan all along; to engineer the biggest, grandest more spectacular transfer of wealth from the unknowing and poor (or soon to be poor) in history.

The Left was certain exactly the opposite would happen with a Trump presidency.

Not all of us. This is one libtard who knew exactly what the plan and outcome was. A longtime friend of mine (known her literally all my life) was so panic stricken the day after the election she was going to cash out of all her investments and sit back to wait for the crash. I told her to relax and leave everything as it was, that the dow would easily reach 20k, 25k and maybe even 30k, and we could see a spectacular bull market like none other in history. But also that the crash back to the mean would be just as spectacular. Been right so far. Everything is going as planned.