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In reply to the discussion: Stock market is tanking [View all]

PoindexterOglethorpe

(28,141 posts)
9. Stocks go up. Stocks go down.
Thu Apr 3, 2025, 01:08 PM
Apr 2025

Somewhat erratically, to be sure, but over the long run they go up. People who day trade generally lose money.

I am not knowledgeable about all the things needed to pick specific stocks. I have a financial advisor whom I've done very well by. I am taking out a steady 4% from the annuities he put me in, and because their value has grown, we've increased the money I get each month. He also moved pretty much everything from stock funds to bond funds.

And right now it's down a bankruptcy-inducing 2.94%.

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0 members have recommended this reply (displayed in chronological order):

Stock market is tanking [View all] Joe Cool Apr 2025 OP
I realized in January that his need for attention Tadpole Raisin Apr 2025 #1
Fox news: What's a stock market?? Watchfoxheadexplodes Apr 2025 #2
Yeah. No one has a 401(k). Wednesdays Apr 2025 #5
So being down just over three percent is tanking? PoindexterOglethorpe Apr 2025 #3
Considering the Russell 2000 just entered bear territory Joe Cool Apr 2025 #6
Stocks go up. Stocks go down. PoindexterOglethorpe Apr 2025 #9
The Great Trump Depression on the horizon! Emile Apr 2025 #4
Stocks go up Greg_In_SF Apr 2025 #7
How could anyone miss: Aristus Apr 2025 #8
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