didn't phase the stock market?

We just had to move some of my mother’s trust funds to cash because she has taken such
a brutal hit in the last week or so.

“ The Dow Jones Industrial Average (^DJI) fell 1%, or over 400 points, while the S&P 500 (^GSPC) dropped nearly 2%. The tech-heavy Nasdaq Composite (^IXIC) plummeted more than 2.6%. The Nasdaq is now more than 10% off its December record high and officially entered into correction territory.”

Now who was President in December?

And all those Krasnov voting farmers are going to pay 10% more for their Canadian fertilizer
…. potash.

what they are doing is Domestic Terrorism......

A terrorist wants to do something that causes fear in all the other people......

For instance, 9/11 frightened every one in the U.S. and is still frightening everyone.

For a second time, Russia/Putin helped Trump win. Just know that Putin wants Iceland, Greenland, Canada so he can establish/own/operate a North Passage, which is looking better every year with global warming. So Putin is directing Trump to help him out by going after Canada Iceland and Greenland. Putin has also been saying Russia should have Alaska back, which would complete the northern ship passage, which would be much shorter in distance for trips from the Atlantic to Pacific.....
Putin is also staking out the ocean floor under the ice on your northern side, because of the incredible amounts of minerals and oil he will take for Russia.

I was just listening yesterday, to all my Ian and Sylvia albums I bought in the late 60's...............I also recorded their re-union concert years ago & watch it from time to time!

Full disclosure: I am the last person you should take investing advice from. Now that we have that out of the way:

I’m a big proponent of T-bills. I talk them up in the Personal Finance and Investing forum all the time.

There are auctions every week. You choose the amount. You choose the duration. You can ladder them so that you have one or more maturing every week. You can set them to renew automatically. There is no state tax on the interest.

They are paying about 4.5% now, which is not anything special, but it beats -20%.

https://www.treasurydirect.gov/

And good afternoon.

1 year tbills are paying 4.3. there are higher paying options without much more risk

a few ideas (all ultrashort bond funds)
JAAA. they are a fund that invests in AAA rated corporate collateral loan obligations. currently paying in the 5.2% area 5* rating
FLTR. investment grade floating rate bonds currently paying near 5%
FLRN same idea as FLTR but slightly lower yield (4.9 or so)
FLOT another idea similar to FLRN


all are rated 4 or 5 * by morningstar.

There would have been a time for such a word.
Tomorrow, and tomorrow, and tomorrow,
Creeps in this petty pace from day to day
To the last syllable of recorded time,
And all our yesterdays have lighted fools
The way to dusty death. Out, out, brief candle!
Life’s but a walking shadow, a poor player
That struts and frets his hour upon the stage
And then is heard no more: it is a tale
Told by an idiot, full of sound and fury,
Signifying nothing. (Macbeth)

Last edited Fri Mar 7, 2025, 06:43 AM - Edit history (1)

I only follow the S&P 500, as it is by far the best measure of the three (Dow, S&P 500, and Nasdaq) of the total U.S. stock market:

it closed Thursday March 6 at 5739, down 1.8% for the day,

and down 0.8% from the 5783 election day level,

and down 4.3% from the inauguration-eve level,

and down 2.4% year-to-date,

and down 6.6% from its all-time closing high of 6144 on Feb 19.

The usual pattern -- threaten tariffs and the markets dive, followed by news of delaying or moderating some tariffs and the markets climb. Well, it's back down again despite some moderation on tariffs "signalling".

S&P 500
# Election day close (11/5/24) 5783
# Last close before inauguration day: (1/17/25): 5997
# 2024 year-end close (12/31/24): 5882
# All-time closing high (2/19/25): 6144

# Several market indexes: https://finance.yahoo.com/
# S&P 500: https://finance.yahoo.com/quote/%5EGSPC/
https://finance.yahoo.com/quote/%5EGSPC/history/

It is down 6.6% from its all-time closing high of 6144 on Feb 19. Anything between 5% and 10% down is in "pullback" territory. Corrections start at 10% down, and bear markets start at 20% down.

Think again!

Just checked my local stock market, the ASX200, down 1% in the first 10 minutes of opening for a total of 6% down in the last month.
Most of the markets are down around the world.

Definitely heading for a 10% correction, or worse.

Funny Trump doesn't mention stock markets in his bigly victory speeches.
Or the unemployment figures.

It looks getting out and holding cash.
Bonds would not be good either.

Even posted on here that other should consider doing the same and was told that I was wrong.

Looks like I was right. I captured the Trump bump and sold it off during his inauguration.

The wealthiest 10% own over 90% of equities. Most people have a little bit in a 401K, which if you aren't going to withdraw over the next couple of years makes little difference. The market always recovers.

Anyone who does have much money in the market should be ready for these types of things, either emotionally or by covering yourself with low performing assets like interest bearing accounts.

Buckle up, it's gonna be a roller coaster!!!!