2016 Election
Nov 8th 2016, 11:21 pm
Joined: Apr 2012
Location: CT
Posts: 33,673
Nov 8th 2016, 11:26 pm
Crazy Cat Lady
Joined: Apr 2004
Posts: 65,493
Nov 8th 2016, 11:27 pm
Often not so civil...
Joined: Apr 2010
Location: The Boonies, GA
Posts: 9,565
Re: 2016 Election
Simpsons was 2000, Back To The Future II was 1989!
Nov 8th 2016, 11:27 pm
Joined: Apr 2012
Location: CT
Posts: 33,673
Nov 8th 2016, 11:28 pm
Crazy Cat Lady
Joined: Apr 2004
Posts: 65,493
Nov 8th 2016, 11:29 pm
Joined: Apr 2012
Location: CT
Posts: 33,673
Nov 8th 2016, 11:30 pm
Often not so civil...
Joined: Apr 2010
Location: The Boonies, GA
Posts: 9,565
Nov 8th 2016, 11:31 pm
Joined: Apr 2012
Location: CT
Posts: 33,673
Nov 9th 2016, 12:11 am
Nuther day in paradise.ca
Joined: Aug 2008
Location: Ajax, Ontario
Posts: 7,263
Re: 2016 Election
Ouch !!
Nov 9th 2016, 2:04 am
BE Forum Addict
Joined: Feb 2011
Location: WA state
Posts: 3,074
Re: 2016 Election
America wanted a change, so elected a rich white man as president.
Anyone got an economy I could borrow, my last two were broken by people scared of immigrants.
Well, at least now with the Republicans in charge they can't complain about being blocked - they will have full responsibility for screwing up the economy and starting wars.
Anyone got an economy I could borrow, my last two were broken by people scared of immigrants.
Well, at least now with the Republicans in charge they can't complain about being blocked - they will have full responsibility for screwing up the economy and starting wars.
Nov 9th 2016, 2:14 am
Lost in BE Cyberspace
Joined: Nov 2007
Location: Bay Area, CA
Posts: 13,270
Re: 2016 Election
I've been retired three years. My wife and I have significant balances in 457 and 403b accounts. Early days yet, but it is probable the book value (not sure of the correct term) of our accounts will go down by hundreds of thousands over the next few days or weeks.
But so what? First, as Pulaski mentions, it should create a buying opportunity for the portion of the accounts in cash or other cash-like funds. Presumably no sensible person at or near retirement keeps all their retirement savings in equity funds!
Secondly, the IRS is pretty generous about when you have to take income from retirement funds. Required minimum distribution starts at age 70, and the first year's RMD is set at about 3%. I'm 66, so who knows how many ups and downs will occur in markets over the next few years.
But so what? First, as Pulaski mentions, it should create a buying opportunity for the portion of the accounts in cash or other cash-like funds. Presumably no sensible person at or near retirement keeps all their retirement savings in equity funds!
Secondly, the IRS is pretty generous about when you have to take income from retirement funds. Required minimum distribution starts at age 70, and the first year's RMD is set at about 3%. I'm 66, so who knows how many ups and downs will occur in markets over the next few years.
https://www.theguardian.com/business...r-tense-climax
I can't log in to the Schwab site to verify my own portfolio, which is something of an ominous sign, but - so far so good. UPDATE - just got logged in, balance so far unchanged.
I'm horrified at the thought of a Trump presidency for so many reasons, but as I've noted before a number of times, the impact of the presidency on me personally has been very minor over my 33 years here, so let's hope that trend continues.
My G/F has a pre-existing condition and would benefit from Obamacare provisions IF she were to be unemployed, but so far she has stayed employed. I have a hope that the 'pre-existing conditions' issue will continue to be a factor in any replacement for Obamacare that surfaces ... hope, hope ...
I woke up today wondering if last night was a bad dream, but no ... it's real.
Nov 9th 2016, 2:28 am
Account Closed
Joined: Mar 2004
Posts: 2
Re: 2016 Election
Has anybody heard from Lesiie?
Nov 9th 2016, 2:29 am
Lost in BE Cyberspace
Joined: Nov 2007
Location: Bay Area, CA
Posts: 13,270
Nov 9th 2016, 2:29 am
I have a comma problem
Joined: Feb 2009
Location: Fox Lake, IL (from Carrickfergus NI)
Posts: 49,598
Re: 2016 Election
Is the DNC going to learn from this, then? Are they going to learn from the fact that it wasn't third parties who cost the Democrats the election, but their pig-headed determination to nominate Clinton at all costs while systematically ignoring Sanders?
I'm not sure, but I hope so, if they ever want to have a chance of reclaiming the White House in 4 years.
I'm not sure, but I hope so, if they ever want to have a chance of reclaiming the White House in 4 years.
Nov 9th 2016, 2:30 am
Often not so civil...
Joined: Apr 2010
Location: The Boonies, GA
Posts: 9,565
Re: 2016 Election
Is the DNC going to learn from this, then? Are they going to learn from the fact that it wasn't third parties who cost the Democrats the election, but their pig-headed determination to nominate Clinton at all costs while systematically ignoring Sanders?
I'm not sure, but I hope so, if they ever want to have a chance of reclaiming the White House in 4 years.
I'm not sure, but I hope so, if they ever want to have a chance of reclaiming the White House in 4 years.
Is the Dem bench really that week?
