Euphoric Dow Plows to 365 Point Gain after Trump Talks up China Trade Deal

The Dow and broader U.S. stock market surged to more than three-month highs Friday following the release of a White House memo that described trade talks with China as “detailed” and “progressive.” Negotiators from the Trump administration and China are scheduled to resume talks next week in Washington. DOW SPIKES; S&P 500, NASDAQ FOLLOW The Dow Jones Industrial Average surged by as much as 368 points Thursday morning, as traders overcame a volatile pre-market session for U.S. stock futures. At last check, the Dow 30 index was trading near its peak, having gained 365 points, or 1.4%, to 25,804.44. The

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I am sure everyone here at some point wondered why your parents didn’t invest in Apple, or Microsoft or other companies when they were just a dollar or so a share? Ever wonder why your parents didn’t buy some homes or land when it was cheap? Today I got my answer.

I was taking my dad early in the morning to an appointment he had. After he was done we went to breakfast. Out of nowhere I see a bitcoin ATM in the distance. We walked over and I got some, not a lot because it would upset him. He is against bitcoin even though he does not know what it is.

My dad has been buying stocks for 50 years, and never once does he buy into anything early on. He is always coming late to the party, I think most people are like this.

I can give you 100 reasons why you should not buy bitcoin, but those reasons will not be valid in 3 years from now given the rate of innovation and adaptation.

One day my daughter will ask me why I didn't buy more when it was cheap, my answer will be because I didn't have more money to buy, not because I thought its going nowhere.

submitted by /u/jchang23
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