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Crowbot, my IRA with Fidelity is down almost 25%


Crowbot, my IRA with Fidelity is down almost 25%  

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Author: TheCrow   Date: 9/30/2022 11:48:02 AM  +3/-0   Show Orig. Msg (this window) Or  In New Window

It's called the economic cycle and we're on the contracting side of it. I'm in the same boat, except I have to take mandatory disbursals when I should be holding for the upswing.


I think I posted this earlier- I'm gonna roll the mandatory disbursal into another investment vehicle. The economic cycle will continue, there will be better times. 


What you and I 'want' is not a consideration. We must deal with what is, now, prepare for the future and plan to minimize loss in following contractions.


Joe Biden is my president because that's how democracy works- losers accept the electoral loss and work for American success even when a lack-luster place holder sits in power. He didn't invent and emplace the economic cycle that's in process right now.


The greater issue is that conservatives and Republicans move away from QAnoner Trump and advance a sound, conservative Republican candidate in 2024.


 
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Investors are reallybehind +3/-3 Old Guy 9/26/2022 6:09:02 PM