Maybe ibime is heavily invested in the stock market. However, the stock market is not a get rich quick scheme. Market will fall and rise. To prevent heartache, someone with low risk appetite can sell off.

Ibime:


When will you get VISA to Dolusia on your N30K salary?

Sorry Ebi, I was too busy with weekend social engagements to even notice your juvenile query.

The entire Dolusia tale you quoted is a Welcoming Stance and Standing Invitation to all comers by the Dolusian authorities, so who needs Visa?

Abeit, Dolusia is a Fictional Place, you don't need Visa to visit, only imagination.

Enugurangers:
Maybe ibime is heavily invested in the stock market. However, the stock market is not a get rich quick scheme. Market will fall and rise. To prevent heartache, someone with low risk appetite can sell off.

He is actual into that and he is smart at what he does. I think he knows what he is talking about. My 2cent.

benalvino2:


Sadly that's how it is here. People tend to even curse on your family if you don't agree with them.
But I still think it's fun to be here. It's 9:05am here in Port Harcourt and it's gonna be a slow week for us which I like

Na waoh with the insults. I guess it comes with the forum members being majorly anonymous.

Not bad here in the Coal city too.

Enugurangers:

I can't remember the last time the world dealt with a pandemic at this scale, and the stock exchange is not even a reflection of the total economy. For most Americans, a stock price increase is pretty immaterial to their well-being.

Gladly, the economy is not in a free fall as portrayed by the alarmist(s). Top economists advise governments on how to calibrate the macroeconomic indicators for a steady recovery which is what is being witnessed. Economic policies are not stagnant. The feds would start raising interest rate depending on the speed of economy recovery to prevent overheating.

This was my original point but prideoflincoln got suckered into the Trump talking point of judging Presidents performance by the growth of the stockmarket. I came to serve a warning about the effect the unwinding of pandemic monetary policies will have on major indices but my nigga accused me of parroting Republikkan talking points. Well, if Democrats fall into the trap of justifying their performance on the stockmarket, na wahala oh. What you said above is exactly the same as below which was my original post on this matter, but those who only think in political terms jumped on me.

Ibime:



Stockmarket will surely collapse during Bidens tenure, not because of Biden but because most stocks are way overvalued (eg average S&P PE ratio of 38 - it has always crashed everytime it crossed 30). Credit has been too cheap, driving money away from interest bearing savings into equities, and too much bailout money is floating in the system, pumping asset prices.

Stockmarket performance is not a point to boast about, and it is childish to do so like Trump did when all you are doing is artificially inflating asset prices with cheap credit.

It's good we underline the true drivers of stockmarket performance so that when it crashes, financially illiterate Trumpanzees won't come blaming Biden.

PrideofLincoln1:
Exactly. He lives in Great Britain and he's not telling us the inflation in GB will tank their stock market but he's so focused about the stock market in US tanking like it's only US that printed money. All those pandemic relief funds Britain doled out to her citizens are printed too. So what makes US different from Britain ?. He never uttered a word about the British stock market tanking. I guess why.

Ha okay.

Enugurangers:
Maybe ibime is heavily invested in the stock market. However, the stock market is not a get rich quick scheme. Market will fall and rise. To prevent heartache, someone with low risk appetite can sell off.

I don't have a single cent in stockmarket at the moment. I even changed my pension into a cash pension about two months ago as I don't want it riding the stockmarket. Only thing I have been playing is cruptocurrencies up until a couple of weeks ago.

Enugurangers:
Maybe ibime is heavily invested in the stock market. However, the stock market is not a get rich quick scheme. Market will fall and rise. To prevent heartache, someone with low risk appetite can sell off.

Stock market will fall and rise like you said and that's why any Financial analyst who is worth his or her salt will tell you that you are in it for a long run. Have been in the market through my 401K, mutual funds and individual stocks my wife and I hold for over 20 years and we have gone through tough scary times but it always rises back up. That's the best way to build wealth in America next to the equity on your homes and here my buddy Ibime is throwing the falsehood from the Republicon Party out like a gospel from the holy book. I called him once on it couple weeks ago and all of a sudden he came back with the same bs. If he wants British stock market to tank, good luck to him because I have ho horse in that race.

Ibime:



This was my original point but prideoflincoln got suckered into the Trump talking point of judging Presidents performance by the growth of the stockmarket. I came to serve a warning about the effect the unwinding of pandemic monetary policies will have on major indices but my nigga accused me of parroting Republikkan talking points. Well, if Democrats fall into the trap of justifying their performance on the stockmarket, na wahala oh. What you said above is exactly the same as below which was my original post on this matter, but those who only think in political terms jumped on me.

Weak ass nigga cant put the old man in his place. He comes at you go at him. Don't be a cry baby now. Why you gonna do me like this Yo? Take it to the battle stage and drop the mic on him

Ibime:



Stockmarket will surely collapse during Bidens tenure, not because of Biden but because most stocks are way overvalued (eg average S&P PE ratio of 38 - it has always crashed everytime it crossed 30). Credit has been too cheap, driving money away from interest bearing savings into equities, and too much bailout money is floating in the system, pumping asset prices.

Stockmarket performance is not a point to boast about, and it is childish to do so like Trump did when all you are doing is artificially inflating asset prices with cheap credit.

It's good we underline the true drivers of stockmarket performance so that when it crashes, financially illiterate Trumpanzees won't come blaming Biden.

As per the collapse, fingers crossed. The pandemic induced recession is new. I can't remember any gov dealing with such a scenario, not even in the last 50 years. If it indeed collapse as you have predicted, it would not be just the US alone. Alot of countries are mirroring the same policies. I can't tell which country started it first i.e. dole out money into the system to stimulate an economy from collapse.

Like I mentioned earlier. Fingers crossed.

Ibime:


I don't have a single cent in stockmarket at the moment. I even changed my pension into a cash pension about two months ago as I don't want it riding the stockmarket. Only thing I have been playing is cruptocurrencies up until a couple of weeks ago.

Nigga took the hit when the dip occurred it is a wise thing to stop Yo but you should have know what was coming. Crypto is to volatile but if you know what you are doing it will never affect you as long as you recognize the pound or the dollar are the king.

Ibime:


I don't have a single cent in stockmarket at the moment. I even changed my pension into a cash pension about two months ago as I don't want it riding the stockmarket. Only thing I have been playing is cruptocurrencies up until a couple of weeks ago.

You changed your pension to cash (low risk tolerance)
Buy the dip (high risk tolerance) -Odikwa risky lol

PrideofLincoln1:
Stock market will fall and rise like you said and that's why any Financial analyst who is worth his or her salt will tell you that you are in it for a long run. Have been in the market through my 401K, mutual funds and individual stocks my wife and I hold for over 20 years and we have gone through tough scary times but it always rises back up. That's the best way to build wealth in America next to the equity on your homes and here my buddy Ibime is throwing the falsehood from the Republicon Party out like a gospel from the holy book. I called him once on it couple weeks ago and all of a sudden he came back with the same bs. If he wants British stock market to tank, good luck to him because I have ho horse in that race.

This has nothing to do with republicans vs democrats. The op has stated that.

Weregonnalose:


Nigga took the hit when the dip occurred it is a wise thing to stop Yo but you should have know what was coming. Crypto is to volatile but if you know what you are doing it will never affect you as long as you recognize the pound or the dollar are the king.

I jumped out before the dip as soon as Elon environmental tweet came out. I no follow for those wailing.

Ibime:


I jumped out before the dip as soon as Elon environmental tweet came out. I no follow for those wailing.

Don't go in anytime soon. More bad news will follow for crypto. I saw it coming too and took precautions. I also told a friend about the US will want to crack down on crypto after China did. My reason was because the US government claimed to have paid 90 million in crypto to hackers. And last week the US government hint it may crack down on crypto. I gave my friends my opinion that says they want to buy the dip.

benalvino2:


This has nothing to do with republicans vs democrats. The op has stated that.

This is way out of your league Rookie.

PrideofLincoln1:
This is way out of your league Rookie.

Both you and benalvino2 are pieces of shit

Enugurangers:

As per the collapse, fingers crossed. The pandemic induced recession is new. I can't remember any gov dealing with such a scenario, not even in the last 50 years. If it indeed collapse as you have predicted, it would not be just the US alone. Alot of countries are mirroring the same policies. I can't tell which country started it first i.e. dole out money into the system to stimulate an economy from collapse.

Like I mentioned earlier. Fingers crossed.

I can authoritatively speak about American economy because I am in the midst and can tell you that if not the stimulus that was introduced, America will be in a Depression that will be worse than the one of late 20s when President Hoover got thousands of Americans jumping from high rises to commit suicide and that led to the election of FDR who happens to start with the New Deal and he was the only President in American history elected four times. Biden did all that and I will give Trump some credit too for allowing the stimulus to go through without vetoing it. So many people were losing their homes, cars, and other valuables because saving is not something majority of Americans do. The stimulus is still going on as we speak and the only Governors stopping the PUA of $300 weekly peanuts for the unemployed Americans are the Republican Governors which happens to be the poorest States in the Union. How their poor and impoverished supporters keep supporting them in the Appalachia region and Deep South is beyond me. They rather cut taxes for Billionaires and Multimillionaires than to help their toothless and hungry red neck supporters on the public dough.

PrideofLincoln1:
I can authoritatively speak about American economy because I am in the midst and can tell you that if not the stimulus that was introduced, American will be in a Depression that will be worse than the one of late 20s when President Hoover got thousands of Americans jumping from high rises to commit suicide and that led to the election of FDR who happens to start with the New Deal and he was the only President in American history elected four times. Biden did all that and I will give Trump some credit too for allowing the stimulus to go through without vetoing it. So many people were losing their homes, cars, and other valuables because saving is not something majority of Americans do. The stimulus is still going on as we speak and the only Governors stopping the PUA of $300 weekly peanuts for the unemployed Americans are the Republican Governors which happens to be the poorest States in the Union. How their poor and impoverished supporters keep supporting them in the Appalachia region and Deep South is beyond me. They rather cut taxes for Billionaires and Multimillionaires than to help their toothless and hungry red neck supporters on the public dough.

@ Enugurangers this is what they do, Biden supporters.
The simpletons see Nigerians as poor. They insult them because they are In Nigeria. PrideofLincoln1, ibime, salford1 aka Tdotbluejays1 insult those fellows in Nigeria with their #30k minimum wage like y'all always make fun about are not committing suicide or losing their homes. Those Umudikeans like yall puts it did not rely on stimulus checks.

Which is it old man? You always talk about the Fruited Plains how heavenly it is but you are not happy.
You brag too much on here. I know you very well. I know your daughters even spoke with one lately hint(not the one that sell soaps) the one who hates men. They don't do very well. You are rich and charity begins at home. Instead of your showing off talking about donating to charity with the other nigga. Give the money to your daughters. They need it. Especially the nurse.

Ibime:


I jumped out before the dip as soon as Elon environmental tweet came out. I no follow for those wailing.

I personally think you took serious hit

Weregonnalose:


I personally think you took serious hit

lol.

raumdeuter:


Biden is not an idioot that won't back Israel
Especially as America spent the better part of 20yrs fighting terrorist groups like Israel is doing with Hamas

If a terror group make Mexico its base and launches 100s of rockets into USA everyday, I wonder what America would have said to it

Valid point which reaffirms what I already stated.

Obrigardo:


Wether you like or not, every US president since JFK has been grabbed by the balls by Zionists. It's no secret. But trump was so corrupt in his own play that Jared used the opportunity to beef up his convicted father's biz and to armstring Qatar into giving him some sweet deals. trump and Jared never cared for Palestine or peace in the middle East. Biden is still held by the balls by these Zionists and I don't like it, but I won't see Biden using this to further his business interests like Criminal trump did.

Good! But you kept asserting Trump's "one-sided stance" (support for Israel) was the reason tensions became heightened in the Middle East during the preceding years. You all kept doubling down on that talking point until Biden, again, stated every POTUS' support for Israel and reaffirmed the Democratic Party's stance.

Interesting and hypocritical too that Leftist extremists like AOC and Ilhan Omar who vilified Trump for months on end for rallying support for Israel and tagging him as Islamophobic for doing so have suddenly become mute now that Biden is towing same path.
Different rules, eh? No attacks on Biden, no? No media shitstorm and bigotry-fueled propaganda? Ah, how convenient.

Again, like my last talking point days ago, I'm loving the fact that these reoccurring scenarios/issues keep exposing and corroborating what they rest of the rational world interested in socio-politics already know:

The Leftist loonies are double-faced (actually multiple-faced) hate-fueled irrational divisionists willing to tear down anyone, anything and any concept which deviate even slightly from what they believe in. ...except you identify with the 'Liberal' ideology(ies), that is.

DissTroy:

Valid point which reaffirms what I already stated.


Good! But you kept asserting Trump's "one-sided stance" (support for Israel) was the reason tensions became heightened in the Middle East during the preceding years. You all kept doubling down on that talking point until Biden, again, stated every POTUS' support for Israel and reaffirmed the Democratic Party's stance.

Interesting and hypocritical too that Leftist extremists like AOC and Ilhan Omar who vilified Trump for months on end for rallying support for Israel and tagging him as Islamophobic for doing so have suddenly become mute now that Biden is towing same path.
Different rules, eh? No attacks on Biden, no? No media shitstorm and bigotry-fueled propaganda? Ah, how convenient.

Again, like my last talking point days ago, I'm loving the fact that these reoccurring scenarios/issues keep exposing and corroborating what they rest of the rational world interested in socio-politics already know:

The Leftist loonies are double-faced (actually multiple-faced) hate-fueled irrational divisionists willing to tear down anyone, anything and any concept which deviate even slightly from what they believe in. ...except you identify with the 'Liberal' ideology(ies), that is.

It is only Bush and Trump that really support Israel I think Bill Clinton as well. For Obama he did not support Israel as a person.

Fact is this. The US Army generals will not like Biden on Obama to do as they want when it comes to Israel. Israel is a strategic alliance which puts the united states in the heart of the Middle East. For the same reason they can't afford to lose turkey as a NATO country is the same reason Biden can't do as he please with Israel.

Don't think he supports Israel. He does not.

PrideofLincoln1:
This is way out of your league Rookie.

2 3am you are up talking trash. Go to sleep grandpa.

Ibime:


Share prices won't rise with inflation. When inflation hits, monetary policy response is to raise interest rates, investors flee to bonds, commodities and other inflation hedges.

As I said, inflation in prices first, then the monetary response of interest rise that deflates prices and brings share prices crashing down.

There's an anomaly of the Fed buying assets to prop up prices, but inflation around the world is bound to act as a black swan that hits markets with painful force. See here how its already affecting Latin America.

Enugurangers:

You changed your pension to cash (low risk tolerance)
Buy the dip (high risk tolerance) -Odikwa risky lol

I will switch it back to an equity pension scheme after the fallout is clear. Na buying the dip be that.

PrideofLincoln1:
Good point. I don't know where he's getting that junk from. In fact, the stock market that Trump was telling people during the Presidential campaign that it will tank if Biden wins the presidency is performing well. This is a Bullish market here and millions of Americans that have their 401K in the Stock Market are very happy and here's Mr Ibime with his doom and gloom assessments. He's just following the Republicon garbage of trying to talk down the market but it ain't gonna work and that's why I asked him for a reference like you just did.

Thing is, you might be right. Along with inflation is the devaluation of the dollar that's been going on a while, which does inflate prices. If Tesla dropped 10% today, investors will pile in and it would likely overshoot and gain more than 10% tomorrow.

But as they say, when everyone and your hairdresser starts giving stock purchase advise, it's time to flee the market. Problem is everyone and your hairdresser has been given stock purchase advise for a while now.

PrideofLincoln1:
FYI, that's my line of work for your information. It's the junk that the Republicons are throwing out that I am calling you out about. CPI is Consumer Pricing Index and that's not a sure indication of the stock market falling or tanking. That's my contention with you. My wife and I are heavily invested in the market for 20+ years and I am not going to let our retirement funds go haywire because of the fear of the unknown. In fact, the stock market is the best place to keep your money in the long run because you will come up ahead. It's better than I Bond, Treasury Bill's or Certificate of Deposits. So why are you throwing this falsehoods out knowing that it's false. If you have money in the market, you can pull your money out if you think the coming inflation will tank the stock market.

That's the keyword that's causing a divergence of opinion. Most people are talking of the day to day swings up and down and can not do long run that you do. If the market falls their life is ended, which is not the case with long runners.

benalvino2:


Don't go in anytime soon. More bad news will follow for crypto. I saw it coming too and took precautions. I also told a friend about the US will want to crack down on crypto after China did. My reason was because the US government claimed to have paid 90 million in crypto to hackers. And last week the US government hint it may crack down on crypto. I gave my friends my opinion that says they want to buy the dip.

This is a HODLERs stance. We are now in the period for trading. We are in the downtrend of a bull cycle, but it's still a bull cycle with bounces on the way down. Beeteecee has a way of catching you out and reversing when you think it's over. I am out of HODL positions since that Elon first tweet but still scalping small amounts (10-15%) between support and resistance from $31k to $35k BeeTeeCee price. I switched in the last few days to focussing on BeeTeeCee only as it's performing relatively better than Alts, but did have some prudent bids triggered on some ALTS when BeeTeeCee was ranging between $35k and $42k as below. I currently have a bid at $31k BeeTeeCee which failed to trigger over the weekend. If BeeTeeCee holds $43k on daily candle at any point, I will consider the trend reversed and play breakouts on some ALTS. We can't say definitively that this bull cycle is over until we drop below $15k

Enugurangers:

As per the collapse, fingers crossed. The pandemic induced recession is new. I can't remember any gov dealing with such a scenario, not even in the last 50 years. If it indeed collapse as you have predicted, it would not be just the US alone. Alot of countries are mirroring the same policies. I can't tell which country started it first i.e. dole out money into the system to stimulate an economy from collapse.

Like I mentioned earlier. Fingers crossed.

A lot of countries are not mirroring the same policies because they haven't got the money for it. The Latin Americas I posted above is a case in point, and even Buhari's recent demand to the Senate to go borrow more money is a blip in what is required and which he can't borrow even if he wanted to.

I don't see a collapse in the US, and or UK, or China and the likes though. The inflation some think will bring it on is due to pent up demand and low supply due to low production due to lockdown. Take Ford, for instance. They can't produce cars so prices of those cars that are available will be inflated. Soon as supply ramps up, which is the logical response, a more balanced demand and supply will arise and price will find a new point to reflect it.

As was said, the stock market is no reflection of the economy. Prices seem high now and many would love to see them drop so they can buy, but I bet prices go much higher first before any lows.

Weregonnalose:


It is only Bush and Trump that really support Israel I think Bill Clinton as well. For Obama he did not support Israel as a person.

Fact is this. The US Army generals will not like Biden on Obama to do as they want when it comes to Israel. Israel is a strategic alliance which puts the united states in the heart of the Middle East. For the same reason they can't afford to lose turkey as a NATO country is the same reason Biden can't do as he please with Israel.

Don't think he supports Israel. He does not.

Weregonnalose:


It is only Bush and Trump that really support Israel I think Bill Clinton as well. For Obama he did not support Israel as a person.

Fact is this. The US Army generals will not like Biden on Obama to do as they want when it comes to Israel. Israel is a strategic alliance which puts the united states in the heart of the Middle East. For the same reason they can't afford to lose turkey as a NATO country is the same reason Biden can't do as he please with Israel.

Don't think he supports Israel. He does not.

Obama was the most pro-Arab POTUS ever but even he danced around the Israel issues as I stated here: https://www.nairaland.com/4508641/american-politics-thread-joe-bidens/2235#101668592 . In fact, Israel made more (counter)onslaughts on Palestine and other Arab nations during Obama's tenure than they did under Trump and Israel was never CAUTIONED, except the politically-correct statements like calling for peace and dialogue.

Using the Leftist biased analogy, we could say Israel were bolder under Obama than under Trump which would equate Obama being a Zionist (like they accused Trump of being).(Still spinning it like the MSM would have if it were a Right-wing POTUS.)

Are you going to attack Biden now? Biden outrightly and unequivocally declared support for Israel. He said Israel has the right to defend itself and asides saying the U.S. would continue to defend Israel's causes, he stated, very clearly, that the DEMOCRATIC PARTY IS FULLY IN SUPPORT OF ISRAEL.

It doesn't get clearer than that. I want to see CNN, NYT, Ilhan Omar and AOC attack Biden for it like they did Trump. They crucified Trump for sticking to a U.S. policy. That's what they did. And pretending that didn't happen is the most deviously hypocritical thing ever.

AOC and other Lefists are not attacking Biden over Israel? you guys really live in alternative reality

Same leftists that are planning to block Biden'a arms approval to Israel, biggest criticism Biden has gotten over his recent Israel stance has come from Democrats.