The Australian markets are either a general indicator of what the US market is going to do, or a reaction to what it has done. Either way, it's only a drop of 1.8% on opening, and overall only a 0.27% drop over the week. Take this as you wish.
It will. But I don't think Elons stock will move an inch. If anything it'll increase. Watch it. Seriously. Pay very close attention. It went UP after DOW was hit against the DeepSeek news. Why do you think? I think it's obvious.
Some of us poor will, too. I feel like being poor is a condition. Staying poor is a choice. The good news is that downturns, historically, don't last long. Usually a couple years, at most. Bad if you are about to retire. Not so bad if you have time to dollar-cost-average.
Yes, but the market, theoretically, recovered in as little as 5 years. And that was the longest recovery in our history. Got drywall mud going right now. I can explain later, if you'd like.
Aw, geeze! It's not even a full moon. If you already understand why the recovery from the '29 crash didn't take as long as many think it did, that's great! I actually just learned it last week, myself, so no hubris here. I just like sharing information. And history is fun.
Started by figuring out where all my money was going. Then, made changes to my lifestyle that allowed for money left over. Started saving that. Then started investing it. In a below-median income household, we save/invest 20% of our income. NOT staying poor is also a choice. Hope that helps.
No. Being poor is a condition. STAYING poor is a choice. There are ALWAYS exceptions, of course. I grew up poor. I kept the same learned behaviors most of my life, unfortunately. Paycheck-to-paycheck. Got sick of it and started learning to do better for myself. Wasn't easy. Still poor, but not as...
Yep. I planned accordingly after the election. Luckily for me, I sold on a market high. Of course, the market rose more after my moves, but at least I didn't procrastinate. I procrastinated a new roof. :(
Except key things the cronies own or can wildly profit off their insider knowledge from ... stable markets don't let venture capitalist psychopaths game the system as easily for their profit.
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You can not predict or judge on a single day.
The market may bounce back next week, but tank over the next several weeks.
No thinks.
It’ll take longer this time, but come back it will.