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Stock Market under President Biden
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(04-26-2021, 06:53 PM)jagibelieve Wrote:(04-26-2021, 04:36 PM)HURRICANE!!! Wrote: Oh that. Not that big of a deal - market swiftly reacted to the news but bounced back up once people had time to absorb the fact that it only impacted people that earned over $1m per year (not including cap gains) AND it still needs to be passed by the Senate which is unlikely. I'll never make $1m in a single year (without including capital gains) so it will never impact my capital gains. If it impacts the stock market an such as investors cash in profits before any bill passes, that's also fine with me as I'll sell high and buy the dip. Every change presents a new opportunity. The next President will erase everything as the erasing cycle continues so I'll manage things in 4-8 year increments. |
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