The Cult is strangely quiet on Twitter today. Could it be this?

[catbyte]

[Miguelito Loveless]

1. Mine's fine

I moved to cash the day after he was sworn in.

[GusBob]

2. Hey me too!

I figured hed fuck up the country

[Miguelito Loveless]

3. When I mentioned this at the time

I was needled repeatedly over the last few years on how "stupid" I was, and how much money I missed out on.

I will be sharpening up my needle this week.

[GusBob]

9. Only wife and our financial advisor know

He was incredulous when I did it and probably spent the last few years gloating

Along with marrying a trophy wife, getting fat and taking exotic vacations from the fat of other people's money

I wonder how he is today?

[Canoe52]

10. Not that we have that much, but we did too! And for the same reason.

[SilasSouleII]

25. Same here too. All cash since Jan. 2017

N/T

[iluvtennis]

12. Me too +1. Like you and GusBob, I was heckled as well.nt

[LisaM]

17. I didn't but the one from my old company switched some funds into the money market

I never changed them back, then I switched jobs. But I kept that 401(k) (it performed a little better) and it's my recession proof cushion in a pinch.

Doesn't go up that fast, but it held really steady last time around.

[JDC]

22. Me too. I bought property

[Dios Mio]

24. 401k

I hesitated and lost a lot before I moved to cash. Most painful. I know 401k’s are the least worry the majority of the world has. It’s only money.

[Miguelito Loveless]

33. Oh, if HRC had been in office

I would have left the money in an index fund. I knew that Trump was going to crash the economy.

[LuckyCharms]

31. Same here. n/t

[leighbythesea2]

35. Mine too

Same. Got out of the market.

[NewJeffCT]

4. Remember, because of the continued fallout from the Bush Recession

the Dow continued to drop until early March and was at its low point of 6,547 on March 9, 2009. So, the Obama Bull Market is even more impressive if you go from the low point

[uponit7771]

8. Yep, it didn't stop dropping till a week ago and went up when Obama said this is a good ...

... time to get into the market.

I remember that day cause the FA I was with was still wanting to short because Obama was going to screw everything up.

Jus damn

[Bernardo de La Paz]

30. tRump secretly hoping it goes down a lot more so he can reverse another Obama legacy.

/s

[uponit7771]

41. 👍

[ProfessorGAC]

5. For Some Proportional Context...

...those numbers show that the valuation rise under BHO was 12.035% per year for 8 years.
With the current plunge, the 3 year annual increase is 1.01%. That's very close to 1/12th of the gains.
Short term investors made their $.
People still building a 401k (you know, hard working Americans) are taking a beating.

[Hermit-The-Prog]

6. Maybe the cult is sick.

[budkin]

7. My mom said this is the first thing that has caused cracks in her Trump voting friends' support

We're talking about life and death here and they are not happy.

[Evolve Dammit]

11. Remember that half of the U.S. has nothing. No stocks, no IRA, no savings, nothing. Half.

[OMGWTF]

13. And they can't afford a $400 emergency bill.

Republicans are why the US is in such a sorry and pathetic state. Vote them ALL out.

[Evolve Dammit]

36. Agree. They have no idea how many have nothing to lose anymore, and could care less.

Kinda like the French Revolution?

[Dem2theMax]

18. I'm one of them.

Due to health reasons, I had to stop working long before retirement age. Had to cash out 401k to pay for medical bills. Now living on Social Security. That's it. And it's not a big number. I am well below poverty level.

But I'm lucky. My parents left their house to me. No mortgage. They paid cash when they bought it. I have a cousin who pays the taxes, insurance and HOA fees. And when I die, she gets the house. So she'll get all of her money back.

I'd be living on the street if not for my parents and my cousin. I can't imagine what other people are going through right now. I don't freak out about the stock market because I don't have a penny in there. But I worry for everyone else.

[Evolve Dammit]

34. This should not be happening; medical/student debt is crushing us and no relief unless Dems win.

Thank God for the WWII generation who were able to live a middle class life, or at least buy a house to pass on, typically on one income.
Best wishes and take care

[Dem2theMax]

40. Thank God for the World War II generation. That is exactly it!

That's why I have a roof over my head right now.

Both of my parents were veterans. Dad overseas and Mom stateside.

I watched how hard my dad worked while my mom raised us. Once we were old enough, she went to work right beside him. He had a service station. I understood from a young age how the food showed up on the table.

For me, it's just rotten luck that I have the health issues I do. And I had no other choice but to pay off my medical bills.

I don't know how people do it today. My parents first house cost $6,500. The second one was $16,500.
I remember my dad said their monthly payment for that house was under $150, and that was including homeowners insurance.

I've learned to live a small life. It's not what I imagined life was going to be like when I grew up. But because of the optimism of my parents, and what they taught me, large or small, life is wonderful.

Thank you for your wishes!
And you take care and stay safe and healthy.

[Evolve Dammit]

44. All the best to you. Your post resonates with me and others I'm sure. Take care!

Grew up with Depression-era parents. I can't forget or let go. It's in-grained in my day-to-day.
Thanks!

[ThingsGottaChange]

20. Thanks for reminding the 'haves' that there are just as many 'have nots'

Gonna be pretty hungry in about a month. But, still like to hear about how many assets, et al, DUers have. Do any of the 'haves' whine about their own housing, getting food, no vacations, no vehicles? No, They are lucky they only have to crab about things that mostly don't directly affect them. The rest of us don't really want to know how much money, etc you all have.

Sorry, catbyte. Not a good OP at this time. I'll leave now...

[George II]

14. The only thing I have invested is about 1,000 shares of Honeywell, which was a stock-option plan....

...as part of their retirement program. When I left about 25 years ago it was worth less than $30,000 or so. It went all the way up to $180,000 a month or so ago. Since that time I've "lost" $46,000.

Everything else we have is cash. We're both retired and aren't looking for "long-term growth", just the ability to access it at any time.

[DENVERPOPS]

15. He is still tweeting daily about

how it is all Obama's and the Democrats fault and that he can't be held responsible.

I would expect nothing different from him or all the Republican Party and the entire Trump Administration.

I bet you that they are all thinking twice about those two huge Republican events and all the hands they shook and all the shoulders they rubbed with all their cohorts.........you know the ones that tested positive in the past few days......LOL

[Warpy]

16. People need to tweet about where that stock market money came from

and that trillions of dollars just vanished into thin air when they could have been used for things like universal healthcare without crippling deductibles or reducing student loan debt or raising the minimum wage enough that work actually lifts people up instead of pushing them down and keeping them down.

That's the criminal part of all this. Money that goes into taxes is not wasted money, it pays for things that support all of us. Republicans only want it to pay for the military so their sugar daddies can sleep at night.

[robbob]

19. No, they've moved on

No, they’ve moved on To tweeting about how this is all a plot by the so-called left-wing media to destroy the stock market and make Trump look bad. Believe me, I have already had a right wing leaning acquaintance mentioned this to me. I guess the entire rest of the world is also in all the plot!

[Windy City Charlie]

28. Where I'm at...

Where I'm at that sort of rhetoric has quieted down....although none of them have come back around to say how wrong they were. My guess is they're waiting for the talking points to say how the right wing was the only ones proactive about this in the beginning.

[IronLionZion]

21. Trump's supporters probably bought high

while sensible people were trimming stocks and saving what cash we can over the past 4 years.

I have empathy for poor liberals and nonpolitical normal folks caught up in this mess. But no sympathy for any Trump voters at this time.

[SWBTATTReg]

23. These people are finding out that all of the 'crap' they been told about rump is real and ...

perhaps are actually seeing it too, in person, with their own eyes. Their BS has finally come home to roost.

[Skittles]

39. they have always known Trump is a pussy grabbing, lying con man

they just DID NOT CARE

[Windy City Charlie]

27. The ones laughing this off...

The ones laughing this off and thinking it was a hoax and big conspiracy are starting to realize what's taking place is real. I noticed a lot of people that were commenting that way with their wise-ass pages on my local media's facebook pages seemed to have disappeared.

[Windy City Charlie]

29. They're quiet....

They're quiet because they're waiting for the next set of talking points to come out.

[LSFL]

32. Dont forget Jimmy Carter

21 years ago I purchased a habitat for humanity house that had been nearly destroyed by the original owners..I did most of the repairs myself and helped build 3 more homes before the local HFH folded because of ego driven stupidity. I paid it off 2 years ago. I could have paid it back sooner but with a 0 percent interest rate there was no hurry..
Now 5 children and 12 grandchildren call this a home base.
I ,to this day, will hear no ill of president Carter..
I will also hear no criticism of Dolly Parton. I had books because of her.

[Evolve Dammit]

37. Great post. Love James Earl Carter and Rosslyn. That's what America is about! Good to hear about

Dolly as well. Thanks.

[Skittles]

38. probably they know everyone wants to fucking kill them

stupid fuckers, they have FUCKED US ALL

[DonaldsRump]

42. Let's call it the "Trump Virus"...give credit where it's due. n/t

[Dark n Stormy Knight]

43. How can it be different between when Obama left and Trump took office?

Weren't those simultaneous events?