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Thread: When to Draw Social Security Retirement

  1. #41
    Troll Magnet Sparko's Avatar
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    Quote Originally Posted by Cow Poke View Post
    I kinda figured this was all just saber rattling --- Trump's own way of creating chaos in hopes of gaining some small advantage.
    Looks like it is working. China seems to be backing down.

    I think Trump has a vested (literally) interest in keeping the stock market going up and stopping a recession. It affects his entire fortune and family, and he is a business man first.

    My biggest worry is as I said before, the election time. If Trump wins, it will continue to rise, but if one of the socialist democrats gets in, I think the market will crash out of sheer fear alone.

  2. #42
    See, the Thing is... Cow Poke's Avatar
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    Quote Originally Posted by Sparko View Post
    Looks like it is working. China seems to be backing down.

    I think Trump has a vested (literally) interest in keeping the stock market going up and stopping a recession. It affects his entire fortune and family, and he is a business man first.

    My biggest worry is as I said before, the election time. If Trump wins, it will continue to rise, but if one of the socialist democrats gets in, I think the market will crash out of sheer fear alone.
    I saw a recent poll where, even though the younger voters are far more open to socialism than any time in the past, older people are more set against it. Fortunately, the article pointed out, older people tend to vote en mass far more than younger people. We can only hope!
    Every problem is the result of a previous solution.

  3. Amen Sparko, Teallaura amen'd this post.
  4. #43
    Troll Magnet Sparko's Avatar
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    Quote Originally Posted by Cow Poke View Post
    I saw a recent poll where, even though the younger voters are far more open to socialism than any time in the past, older people are more set against it. Fortunately, the article pointed out, older people tend to vote en mass far more than younger people. We can only hope!
    We should have something like Rumspringa for the young people. We could send them off to a socialist country for a couple of years and they can decide whether to stay there or come back as capitalists.

  5. Amen Cow Poke amen'd this post.
  6. #44
    See, the Thing is... Cow Poke's Avatar
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    Quote Originally Posted by Sparko View Post
    We should have something like Rumspringa for the young people. We could send them off to a socialist country for a couple of years and they can decide whether to stay there or come back as capitalists.
    Yeah, that they're "for" socialism is evidence that they don't know what it is.
    Every problem is the result of a previous solution.

  7. #45
    Troll Magnet Sparko's Avatar
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    Quote Originally Posted by Cow Poke View Post
    I saw a recent poll where, even though the younger voters are far more open to socialism than any time in the past, older people are more set against it. Fortunately, the article pointed out, older people tend to vote en mass far more than younger people. We can only hope!
    This?

    ScreenHunter_.jpg

  8. #46
    See, the Thing is... Cow Poke's Avatar
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    Quote Originally Posted by Sparko View Post
    No, but that's pretty much the essence... and proof that as we get older we get wiser!

    HIRE AN 18 YEAR OLD --- While they still know EVERYTHING!!!
    Every problem is the result of a previous solution.

  9. #47
    Troll Magnet Sparko's Avatar
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    Quote Originally Posted by Cow Poke View Post
    No, but that's pretty much the essence... and proof that as we get older we get wiser!

    HIRE AN 18 YEAR OLD --- While they still know EVERYTHING!!!
    But still, it shows almost half of the 18-34 y.o. are against socialism. You would never know that by watching TV.

  10. #48
    See, the Thing is... Cow Poke's Avatar
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    Quote Originally Posted by Sparko View Post
    But still, it shows almost half of the 18-34 y.o. are against socialism. You would never know that by watching TV.
    Sure, and I have to wonder how much of the decline in the stock market was because the MSM was talking it down the best they could, hoping for a recession prior to the election.
    Every problem is the result of a previous solution.

  11. #49
    Troll Magnet Sparko's Avatar
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    Quote Originally Posted by Cow Poke View Post
    Sure, and I have to wonder how much of the decline in the stock market was because the MSM was talking it down the best they could, hoping for a recession prior to the election.
    The old strategy of cutting off your nose to spite yourself.

    So I have been thinking more about my strategy. If we do enter a recession or if a democrat does win, I will put about 70% of my current balance in some money market or bond fund. But keep using my monthly donations to buy the growth stocks because I can get them at a discount and they will eventually go up, but most of my money will be safe. What do you think?
    Last edited by Sparko; 08-15-2019 at 09:24 AM.

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