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Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
401K strategy heading into election
Posted by:
david stockman
()
Date: September 24, 2020 12:23PM
if biden wins, it should tank stocks heavily, if Trump wins, they should take off like a rocket
but how do you hedge going in and then surf the uncertainty if Trump doesn't totally destroy him on the first night since dems are pushing for a legal war that might take weeks if not months
thinking i will put much more in safe fund going into election night and then if trump wins switch back to s&p like funds
but how do you hedge going in and then surf the uncertainty if Trump doesn't totally destroy him on the first night since dems are pushing for a legal war that might take weeks if not months
thinking i will put much more in safe fund going into election night and then if trump wins switch back to s&p like funds
Re: 401K strategy heading into election
Posted by:
the blockchain
()
Date: September 24, 2020 12:30PM
invest in cryptocurrency, it puts you in charge of hour money instead of the corrupt federal reserve system that prints fractional reserve money out of thin air. it’s the way of the future.
Re: 401K strategy heading into election
Posted by:
Unemployment Record Breaker
()
Date: September 24, 2020 12:32PM
david stockman Wrote:
-------------------------------------------------------
> if biden wins, it should tank stocks heavily, if
> Trump wins, they should take off like a rocket
The past 6 months have proven that Trump’s governance of the country has been terrible for the economy.
-------------------------------------------------------
> if biden wins, it should tank stocks heavily, if
> Trump wins, they should take off like a rocket
The past 6 months have proven that Trump’s governance of the country has been terrible for the economy.
Re: 401K strategy heading into election
Posted by:
pyramid scam
()
Date: September 24, 2020 12:35PM
the blockchain Wrote:
-------------------------------------------------------
> invest in cryptocurrency, it puts you in charge of
> hour money instead of the corrupt federal reserve
> system that prints fractional reserve money out of
> thin air. it’s the way of the future.
money needs to grow to match growth in economy...albeit not be inflated to hell like fed reserve does for wars, bailouts, and all the other nonsense fed gov does
crypto currencies are a fixed amount and the creators control it way more than fed reserve controls
also, blockchain means every transaction is recorded....government LOVES recorded transactions because then they can tax the fuck out of every transaction
new world order will be a crypto blockchain controlled by fed reserve
cash is king and physical gold silver are best to save...albeit fascists like the socialist libtards have outlawed physical gold in the past and they will do so again to take it from goyim and give to the globalist elites
-------------------------------------------------------
> invest in cryptocurrency, it puts you in charge of
> hour money instead of the corrupt federal reserve
> system that prints fractional reserve money out of
> thin air. it’s the way of the future.
money needs to grow to match growth in economy...albeit not be inflated to hell like fed reserve does for wars, bailouts, and all the other nonsense fed gov does
crypto currencies are a fixed amount and the creators control it way more than fed reserve controls
also, blockchain means every transaction is recorded....government LOVES recorded transactions because then they can tax the fuck out of every transaction
new world order will be a crypto blockchain controlled by fed reserve
cash is king and physical gold silver are best to save...albeit fascists like the socialist libtards have outlawed physical gold in the past and they will do so again to take it from goyim and give to the globalist elites
Re: 401K strategy heading into election
Posted by:
the blockchain
()
Date: September 24, 2020 12:44PM
pyramid scam Wrote:
-------------------------------------------------------
> crypto currencies are a fixed amount and the
> creators control it way more than fed reserve
> controls
that’s not true. if more than half the network on a blockchain decides to issue more of the cryptocurrency, then that happens. it’s a direct democracy, not some unelected bank chairman making the decision.
-------------------------------------------------------
> crypto currencies are a fixed amount and the
> creators control it way more than fed reserve
> controls
that’s not true. if more than half the network on a blockchain decides to issue more of the cryptocurrency, then that happens. it’s a direct democracy, not some unelected bank chairman making the decision.
Re: 401K strategy heading into election
Posted by:
baby bathwater
()
Date: September 24, 2020 01:08PM
why do you want every transaction recorded for government to create new laws/taxes and then look at transaction history and bend you over years later ?
also, the major owners of the block chain will be hidden and worse than even the fed reserve system albeit, the winning only allowed crypto currency in future will be run by fed reserve
finally, fed reserve needs to be blown wide open....full transparency and less control over banks so banks can make loans and fail or succeed based on success of those loans
also, by tying money to silver like jfk tried to do, usa has lots of reserves and money would have actual value in addition to natural weight against printing with no brakes
the blockchain Wrote:
-------------------------------------------------------
> pyramid scam Wrote:
> --------------------------------------------------
> -----
> > crypto currencies are a fixed amount and the
> > creators control it way more than fed reserve
> > controls
>
> that’s not true. if more than half the network
> on a blockchain decides to issue more of the
> cryptocurrency, then that happens. it’s a
> direct democracy, not some unelected bank chairman
> making the decision.
also, the major owners of the block chain will be hidden and worse than even the fed reserve system albeit, the winning only allowed crypto currency in future will be run by fed reserve
finally, fed reserve needs to be blown wide open....full transparency and less control over banks so banks can make loans and fail or succeed based on success of those loans
also, by tying money to silver like jfk tried to do, usa has lots of reserves and money would have actual value in addition to natural weight against printing with no brakes
the blockchain Wrote:
-------------------------------------------------------
> pyramid scam Wrote:
> --------------------------------------------------
> -----
> > crypto currencies are a fixed amount and the
> > creators control it way more than fed reserve
> > controls
>
> that’s not true. if more than half the network
> on a blockchain decides to issue more of the
> cryptocurrency, then that happens. it’s a
> direct democracy, not some unelected bank chairman
> making the decision.
Re: 401K strategy heading into election
Posted by:
the blockchain
()
Date: September 24, 2020 01:54PM
baby bathwater Wrote:
-------------------------------------------------------
> why do you want every transaction recorded for
> government to create new laws/taxes and then look
> at transaction history and bend you over years
> later ?
The Monero blockchain scrambles transactions so that they can't be tracked to an individual and the transaction amounts are obfuscated.
-------------------------------------------------------
> why do you want every transaction recorded for
> government to create new laws/taxes and then look
> at transaction history and bend you over years
> later ?
The Monero blockchain scrambles transactions so that they can't be tracked to an individual and the transaction amounts are obfuscated.
Re: 401K strategy heading into election
Posted by:
Wall Street Now
()
Date: September 24, 2020 01:54PM
DON’T VOTE FOR TRUMP-PENCE!
Re: 401K strategy heading into election
Posted by:
Wall Street Today
()
Date: September 24, 2020 02:14PM
DON'T VOTE FOR BIDEN-HARRIS!
Re: 401K strategy heading into election
Posted by:
EF Hutton
()
Date: September 24, 2020 04:00PM
The market will not take off like a rocket if Trump wins.
Wall Street is quietly expecting Trump to win and that's mostly priced in. If something were to happen that gave Biden a legit shot, you would see the market tank hard.
There's going to be a lot of volatility through the election until the democrats give in and accept the result. If that's a few days, then we rally into the year end a bit...if it's longer then we could get some more choppiness.
Wall Street is quietly expecting Trump to win and that's mostly priced in. If something were to happen that gave Biden a legit shot, you would see the market tank hard.
There's going to be a lot of volatility through the election until the democrats give in and accept the result. If that's a few days, then we rally into the year end a bit...if it's longer then we could get some more choppiness.