Moneymoney

Tue Nov 8, 2016, 12:50 PM

Changes to your portfolio.

As I think Clinton will win today I sold all of my pharmaceutical and drug store stocks and added to my aerospace & defense.

If you have a job and money things look good.

If you looking for a job that pays over $10 bucks a hour and living at home with mom and dad not so much.

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Arrow 8 replies Author Time Post
Reply Changes to your portfolio. (Original post)
outside Nov 2016 OP
Andronikos Nov 2016 #1
marmot84 Nov 2016 #2
outside Nov 2016 #4
FreeWheelBurning Nov 2016 #3
outside Nov 2016 #5
Hades Nov 2016 #6
Hades Jan 2017 #7
BotherMeTomorrow Jan 2017 #8

Response to outside (Original post)

Tue Nov 8, 2016, 12:53 PM

1. Going shopping after this week.

 

About three weeks ago, I went from 70/30 stocks/cash to 30/70 stocks/cash. Protected all of my paper profits.

I plans to start shopping after the elections.

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Response to outside (Original post)

Tue Nov 8, 2016, 12:56 PM

2. And you honestly thought Trump was going to help with that situation

if so that is laughable.

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Response to marmot84 (Reply #2)

Tue Nov 8, 2016, 01:44 PM

4. I have no idea what Trump

was going to try to do. But Hillary is the establishment candidate. She's the one taking money from Wall Street and the Banks. We have seen the greatest concentration of wealth scene the 1920's. Income inequality equal to the Roman empire.

This bubble will pop soon.

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Response to outside (Original post)

Tue Nov 8, 2016, 01:41 PM

3. Was that wise?

I see why you want defense and aerospace but pharmaceutical's long term outlook should be good due to the aging boomers.

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Response to FreeWheelBurning (Reply #3)

Tue Nov 8, 2016, 02:05 PM

5. Here in California

we have prop 61.

The State of California will set the prices for drugs sold in our state and not the market place. This will kill the profits of big big pharma.

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Response to outside (Original post)

Tue Nov 8, 2016, 02:55 PM

6. The market loves Hillary; sees her as Obama.

If Trump were to win, which he won't, the DOW would drop thousands of points. The market loved Sunday's news for Hillary so much it shot up 350 points and is riding nice today.

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Response to Hades (Reply #6)

Tue Jan 10, 2017, 07:04 PM

7. Well I was way wrong.

The market did not tank with a Trump win; it soared.

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Response to Hades (Reply #7)

Wed Jan 11, 2017, 08:06 PM

8. You and everybody else. I thought the market would

crash if Mr Trump won, but I also didn't think he had a chance, so I did nothing. Since the beginning of the year I've taken a bunch of gains on equity funds that I haven't touched in decades. I don't need to make a bunch of money, but I'd like to keep most of what I have.

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Moneymoney