(Soon to be) Former President Donald Trump

[GreenLake]

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QQQ is a Nasdaq tracker and its weighting in the FAANG’s is consequently the same as that index c45%.

And diversification from what? If most of my wealth was tied up in UK residential property (very common when people’s biggest asset tends to be their home) then buying QQQ might work for that.

You can also buy ETF’s that cover completely different asset classes...a precious metal ETF for example. They might be ‘passive’ but that doesn’t mean you are not making active choices when buying one.

Anyhoo I agree on the wealth managers / IFA shout....pretty damn hard to find one that is not just churning out the same old textbook nonsense (Bonds ‘safe’ despite a 30 year bull run!).

As for the ‘zombie’ economy. Well people can’t have it both ways. Put the price of money back where it should be (i.e. positive interest rates) and you will get rid of a lot of the zombies. Yet society seems rather less tolerant to such things these days so we have central bankers printing money and grossly skewing the market dynamics.

Finally you predict a market crash at some point...well sheesh anyone can do that and be right eventually. The fact remains though that over the long term stock investing (with divs reinvested) has proven to be a sound way to generate a return on your capital.

My ETF comments came from watching a great presentation by a guy called Steven Bregman who has done some interesting research into the darker side of ETF's. The weighting 41% by value but the sector weighting for information technology is 64% if you don't call Amazon a consumer discretionary company (only makes profit on Cloud Services!). His work is enlightening to say the least.

I buy ETF's myself and have no problem with the general concept. I am long on URA at the moment.

A market crash is very obviously going to happen but hard to time. There will be bail ins and depositors will be robbed or maybe a 'New Deal' type currency creation.

The fear of losing a cash deposits makes it difficult to keep out of other asset classes likely to fall. There really isn't anywhere obviously to go!

[-Jonesy-]

At least we can rely on the eternal permanence of the luciferian cult.

[One Day Soon]

Where do we buy the Luciferian bonds?

[xyz23jc]

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Where do we buy the Luciferian bonds?

Amazon......!

[snooky]

Donnie's Stormy past coming back to bite his bottom apparently.

http://www.bbc.co.uk/news/world-us-canada-43312158

[Tobias Funke]

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Donnie's Stormy past coming back to bite his bottom apparently.

http://www.bbc.co.uk/news/world-us-canada-43312158

I reckon thats the least of his worries, given the utter chaos his administration is in (despite his denials). Robert Mueller and his investigation is slowly working its way towards the higher powers in the White House, a very interesting few months ahead.

[johnbc70]

Trump and North Korea, does he deserve any credit?

[heretoday]

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Trump and North Korea, does he deserve any credit?

Of course, though I reckon the impetus has come from NK reacting to heavy sanctions.

[RyeSloan]

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Trump and North Korea, does he deserve any credit?

I’m not aware of anything that’s actually happened yet...

IF he does meet and IF that results in NK ending it’s nuclear programme and starting towards integration then he will get plenty of credit.

I’m not buying any of it so far and considering how much effort NK has put into telling its people that it is now a nuclear nation it seems rather odd timing to be offering to give that away...

[Hibrandenburg]

Ironically he's giving NK exactly what they want. They're playing him like an Erhu.

[Tyler Durden]

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I’m not aware of anything that’s actually happened yet...

IF he does meet and IF that results in NK ending it’s nuclear programme and starting towards integration then he will get plenty of credit.

I’m not buying any of it so far and considering how much effort NK has put into telling its people that it is now a nuclear nation it seems rather odd timing to be offering to give that away...

Exactly. Trump deserves no credit at all.

Previous US administrations were all offered the opportunity to meet with NK - they’d be delighted with that as it would serve to legitimise them. Trump is deluded enough to believe that giving personal abuse on Twitter is “pressure” which has paid off. It’s nonsense. There will never be a meeting

[snooky]

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Trump and North Korea, does he deserve any credit?

A Tale of Two Diddies.
Donald's going to lose his troosers while Kimbo gets to meet the Pressie of the USA - Oooooooo!

[heretoday]

Trump is OK. He's doing what he was elected to do.

[Smartie]

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Trump is OK. He's doing what he was elected to do.

Exactly what the Russians wanted him to do?

[johnbc70]

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Trump is OK. He's doing what he was elected to do.

We critize politicians for not doing what they promised they would do, and we critize them now for doing what they said they would.

Does not really matter what we think, we don't live in the USA, those that do wanted him as their President.

[Betty Boop]

A racist misogynist bully is 'ok'. I've heard it all now.

[IGRIGI]

Does anyone off of Twitter or Facebook even know what misogynist means?

It's one of these ****y phrases that exists only in social media that's just adding points to Trump's support.

[marinello59]

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Does anyone off of Twitter or Facebook even know what misogynist means?

It's one of these ****y phrases that exists only in social media that's just adding points to Trump's support.

Eh?

[One Day Soon]

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Eh?

And me. Double eh?

[hibsbollah]

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Does anyone off of Twitter or Facebook even know what misogynist means?

It's one of these ****y phrases that exists only in social media that's just adding points to Trump's support.

You think the word only exists on social media? Or you think the behaviour only exists on social media?

Trump has shown beyond any argument that he disrespects women. Misogynist is absolutely accurate

[One Day Soon]

I have to say my heart sinks every time I read the thread title. It just seems so wrong.

[Mibbes Aye]

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Does anyone off of Twitter or Facebook even know what misogynist means?

It's one of these ****y phrases that exists only in social media that's just adding points to Trump's support.

Triple eh?

It's ancient Greek in origin and the current form is a derivative of the word used then that meant exactly the same thing.

Essentially, it's been around for well in excess of two thousand years, which I think predates Twitter or Facebook.

Who'd have thunk it?

[Tobias Funke]

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I have to say my heart sinks every time I read the thread title. It just seems so wrong.

I’ve been following the Russia probe for a couple of month now, I’ll be shocked if Trump sees out his first term as President, everything is pointing towards corruption on a grand scale.

Putin definitely has something on him, 13 Russians indicted for meddling in the US election a few weeks ago and Trump hasn’t done a bolt about it. At least our PM, love her or loathe her, has expelled Russian diplomats in the wake of last weeks events. Trumps behaviour towards Russia/Putin is beyond bizarre.

The clever money is on Trumps son in law Jared Kushner being next for an indictment. He’s up to his nuts in all sorts of shady stuff.

[Sylar]

I'd imagine anyone with even the most basic education understands what misogyny is...

Has his presidency changed the US Border protocol? I'm flying to SF today, and while Border Guards can quite easily be unpleasant but officious individuals, I was asked a few questions at Dublin's clearance area I've never been asked before, including whether I had any particular sentiment toward the current US Government.

Entire thing was bizarre.

[Hibbyradge]

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Does anyone off of Twitter or Facebook even know what misogynist means?

It's one of these ****y phrases that exists only in social media that's just adding points to Trump's support.

Or in the minds of people who read books.

[sleeping giant]

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Triple eh?

It's ancient Greek in origin and the current form is a derivative of the word used then that meant exactly the same thing.

Essentially, it's been around for well in excess of two thousand years, which I think predates Twitter or Facebook.

Who'd have thunk it?

So you had to google it too

[Haymaker]

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I'd imagine anyone with even the most basic education understands what misogyny is...

Has his presidency changed the US Border protocol? I'm flying to SF today, and while Border Guards can quite easily be unpleasant but officious individuals, I was asked a few questions at Dublin's clearance area I've never been asked before, including whether I had any particular sentiment toward the current US Government.

Entire thing was bizarre.

I had the basic conversation when I flew back in. Nothing different.

[One Day Soon]

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Or in the minds of people who read books.

ba5tards

[hibsbollah]

I was reading about Rex Tillersons sacking today. Tillerson isn't a man who I'd normally have much sympathy for, (paid himself a £187million severance from ExxonMobil on joining the Trump team and then went about dismantling social care) but Trump really went straight for the baws here.

Tillersons dad's not long died, Trump sends him on a gruelling African tour. Trump slags off Rexs North Korea policy while on the trip. Tillerson arrives back, and is then sacked, by phone, with Tillerson sitting on the pan at the time, Levein stylée.(although not in Dundee). The White House spokesman then tells the assembled press corps about the location of the sheethouse sacking, to add insult to injury.

[One Day Soon]

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I was reading about Rex Tillersons sacking today. Tillerson isn't a man who I'd normally have much sympathy for, (paid himself a £187million severance from ExxonMobil on joining the Trump team and then went about dismantling social care) but Trump really went straight for the baws here.

Tillersons dad's not long died, Trump sends him on a gruelling African tour. Trump slags off Rexs North Korea policy while on the trip. Tillerson arrives back, and is then sacked, by phone, with Tillerson sitting on the pan at the time, Levein stylée.(although not in Dundee). The White House spokesman then tells the assembled press corps about the location of the sheethouse sacking, to add insult to injury.

The 45th really does appear to be a grade A Canute of the most horrible kind.

Some of the Louise Mensch twitter stuff - and related postings from others - is hair raising. Even if you don't like Mensch, or discount a fair bit of what she and others claim for one reason or another, he appears to be caught in a slow motion legal meat grinder.