[QUOTE=EihTooms;2647374]I realize I am talking to a self-proclaimed financial advisor who never noticed the difference between a Great Repub Depression / Recession, Massive Jobs Destruction and Deep Bear Market Crash, which has been all of them over the past 100 years, vs a Great Dem Recovery / Expansion, Massive Jobs Creation and Historic Bull Market Run, which has been all of them over the past 100 years. But the fact that you focus on the 30 stocks in the DOW as the go-to measure for how well the broad USA Stock market is doing is further proof you really should return whatever money your client wasted on you.
Yes, of course, all of those Great Repub Depressions / Recessions and Deep Bear Market Crashes of the past 100 years, the only ones America has suffered in all that time, were lovely buying opportunities for anyone who got out at the top, did not stay in the market to ride it all the way down and was flush with cash to buy back in at the bottom. Thanks for the kind of advice that anyone could have gotten on the back of a Bazooka Bubble Gum comic; Buy low and sell high. Really? But based on this and every other post of yours, I am quite sure your advice did not get your client out of the market at the top and have them wait until some unknown bottom to buy back in more often than perhaps one inadvertent lucky time.
And actually, you only told us half of the scenario for your supposedly failed clients. I mean, you do know there is another side of those transactions, right? If those clients had sold out when Trump came into office and then bought back in at or near the bottom of each of his two Bear Market Crashes, they would have done quite well vs buying and holding through 4 years of the average annual 16.8% gains we got during his Recession and Massive Jobs Loss-ridden four years in the Wall Street and industry standard for the broader USA Stock market, the S&P 500 Index. Did they?[/QUOTE]Like I previously said you obviously are not knowledgeable in the market. The clients that sold their stock when Trump was elected took their loss and market increased dramatically in 2017. My clients did not buy back in and they lost millions. Since you know nothing about investing I will try to explain to you that when someone's portfolio is up 68-80 per cent in 4 years of Trump presidencies their is no other side to it. Their net worth has gone up 68-80 percent. There has not been a crash in the last 20 years. Their have been corrections in the market for extraordinary reasons but to someone that has some knowledge they look at those corrections as opportunities. My clients make more money after a correction which is proven over the last 50 years. You stick to your government handout and I will stick to making my clients millions.