(11-29-2018, 05:22 PM)jagibelieve Wrote:

(11-27-2018, 11:32 PM)TJBender Wrote: GTX 1070: $400
Electricity: $450

Turning nothing into $2,500 worth of cryptocurrency and selling it all days before the bottom fell out: priceless.

As a bonus, I'm still using the GTX 1070 for gaming.

I wasn't talking about mining, I was talking about the stocks/ETF options available for investment.  Pretty much every crypto-currency stock is way down.  There is no value there and it's pretty much a HUGE gamble to invest in them (unless you are a day trader).

"Investing" over $800 in equipment and getting a return that small really isn't much.  Put that $800 into the right ETF and not only do you gain as it goes up, you also get the dividends.  Even with the correction in the market that we saw I'm still over 12% return on my investments and still making gains.

I won't post my financial details, but I will say this.  I started one investment with $8000 and it's now worth north of $20,000 after a little more than 2 years.

As it relates to this thread, I purchased several shares of an ETF (ITA) back when President Trump was elected for around $130 per share (November 2016).  Today it's trading in the $191 per share range and was as high as ~$216 per share.  During that time I also collected the dividends that it paid out.  On that investment alone I made a good amount of money and am in the "green range" in that my original investment is worth more today than it was when I committed the money.

The bottom line is that the daily or even weekly swings in the market are not really important, it's the long term trend that counts.  The person in the White House does have influence on the markets, just not in the way that people think.