Well, he’s being the same failed businessman and bigot he’s been his entire life, the biggest difference between the two terms is that now he doesn’t have undoing all the things that a black man did while in office to keep him busy.
I can’t decide what the right move right now to do is. I lost months of growth in a couple weeks. The market has always come back before, but the orange shitstain is pretty uniquely awful, and showing us how he cares jackshit about nuking the economy.
He hates America and Americans, so do with that information whatever you want, but he doesn’t want you to make money and he doesn’t want anyone in this country to succeed that’s not him. Like that’s so obvious I don’t know why it’s not something people discuss constantly. We made fun of him for his entire life along with his father. We’ve tried to throw him and his dad in jail multiple times. We didn’t take a single thing he’s ever done seriously and he has a chip on his shoulder over this.
He was partying in the USSR where they were treating him like a fucking king before the collapse. Imagine the kind of shit he would’ve been able to get into in that country during chaos how many friends he made with various oligarchs and power players. He was the Russians in on America for fucks sake guys. He’s the reason why Rudy Giuliani was able to “clean up New York“. Yeah, because he was able to use the Russians to replace the Italians. Which was probably just an extension of his fucking racism! He didn’t clean shit up. It was just the level of corruption they were dealing was different instead of drugs you have sex trafficking. One deals with the dredges of society and the other deals with the richest so that’s why New York looks cleaner and that’s how Trump met his wife and that’s how Epstein was able to do what he did.
If there’s money going in probably the best option in the very long term is to not sell/pull money out but to instead keep buying while the stocks are depressed. Buy low sell high as they say. If the entire US economy collapses we’ll all have much bigger problems than worrying about what we selected to do with our retirement portfolios
I tend to think a lot of this damage is permanent. That doesn’t mean you’re wrong, but it might mean our growth is stunted forever or for many years. Screwing over allies like this, and a public who would re-elect him? Why would they trust us as a trade partner if they can avoid it?
Please be careful with your investments. Respectfully, you seem to be mistaking the idea that markets like these reflect reality. The market and reality can remain out of alignment as long as all the major players are willing to keep pretending. This is the nature of a bubble, for instance, and no one can predict when it will pop (except those who can cause it to…).
Trump is VERY likely: aware of the market swings he’s causing, doing it on purpose, and taking advantage of predictable moves with friends. He very well may issue statements next week that cause it to shoot back up.
You’re a consumer of investments, meaning a mark, rube, or bag holder for the people who actually exert influence over these things. You should almost certainly leave your money alone and not make moves that play directly into the hands of the folks who want you to sell low and buy high.
I appreciate this. I think you have a better grasp on things but I was leaning toward not doing anything. In any case my portfolio is fairly conservative. Index funds and a retirement plan set to light risk setting iirc. Yeah, these motherfuckers care about their own money so I figured they were taking full advantage, incredibly illegally, but who will stop them? No one. I was considering moving some of my savings into my index funds because of the buy low sell high thing but I’m too spooked to change much.
I’ve got a similar portfolio to yours and every time I’ve made changes based on what look to me like inevitable events / movements, I’ve regretted it. As maddening as it can be, I just leave it alone now and slowly balance toward (traditionally) safer investments (AKA not stocks or even indexes of them) as I get older. Cheers and good luck, I understand the frustration!!
Exactly. It could be back to the level it was 1 month ago in 1 month from now if Trump does a complete 180 to his approach (doubtful and yet somewhat still believable) just like it could take 10 years.
Mine haven’t. I pulled my money out a month ago when I saw that the new Trump presidency wasn’t going to be like the first one.
Well, he’s being the same failed businessman and bigot he’s been his entire life, the biggest difference between the two terms is that now he doesn’t have undoing all the things that a black man did while in office to keep him busy.
I can’t decide what the right move right now to do is. I lost months of growth in a couple weeks. The market has always come back before, but the orange shitstain is pretty uniquely awful, and showing us how he cares jackshit about nuking the economy.
He hates America and Americans, so do with that information whatever you want, but he doesn’t want you to make money and he doesn’t want anyone in this country to succeed that’s not him. Like that’s so obvious I don’t know why it’s not something people discuss constantly. We made fun of him for his entire life along with his father. We’ve tried to throw him and his dad in jail multiple times. We didn’t take a single thing he’s ever done seriously and he has a chip on his shoulder over this.
He was partying in the USSR where they were treating him like a fucking king before the collapse. Imagine the kind of shit he would’ve been able to get into in that country during chaos how many friends he made with various oligarchs and power players. He was the Russians in on America for fucks sake guys. He’s the reason why Rudy Giuliani was able to “clean up New York“. Yeah, because he was able to use the Russians to replace the Italians. Which was probably just an extension of his fucking racism! He didn’t clean shit up. It was just the level of corruption they were dealing was different instead of drugs you have sex trafficking. One deals with the dredges of society and the other deals with the richest so that’s why New York looks cleaner and that’s how Trump met his wife and that’s how Epstein was able to do what he did.
And it’s just all there if you take time to read.
If there’s money going in probably the best option in the very long term is to not sell/pull money out but to instead keep buying while the stocks are depressed. Buy low sell high as they say. If the entire US economy collapses we’ll all have much bigger problems than worrying about what we selected to do with our retirement portfolios
Oh it will definitely bounce back up eventually. No idea when this will happen though.
I tend to think a lot of this damage is permanent. That doesn’t mean you’re wrong, but it might mean our growth is stunted forever or for many years. Screwing over allies like this, and a public who would re-elect him? Why would they trust us as a trade partner if they can avoid it?
Please be careful with your investments. Respectfully, you seem to be mistaking the idea that markets like these reflect reality. The market and reality can remain out of alignment as long as all the major players are willing to keep pretending. This is the nature of a bubble, for instance, and no one can predict when it will pop (except those who can cause it to…).
Trump is VERY likely: aware of the market swings he’s causing, doing it on purpose, and taking advantage of predictable moves with friends. He very well may issue statements next week that cause it to shoot back up.
You’re a consumer of investments, meaning a mark, rube, or bag holder for the people who actually exert influence over these things. You should almost certainly leave your money alone and not make moves that play directly into the hands of the folks who want you to sell low and buy high.
Edit: typo
I appreciate this. I think you have a better grasp on things but I was leaning toward not doing anything. In any case my portfolio is fairly conservative. Index funds and a retirement plan set to light risk setting iirc. Yeah, these motherfuckers care about their own money so I figured they were taking full advantage, incredibly illegally, but who will stop them? No one. I was considering moving some of my savings into my index funds because of the buy low sell high thing but I’m too spooked to change much.
I’ve got a similar portfolio to yours and every time I’ve made changes based on what look to me like inevitable events / movements, I’ve regretted it. As maddening as it can be, I just leave it alone now and slowly balance toward (traditionally) safer investments (AKA not stocks or even indexes of them) as I get older. Cheers and good luck, I understand the frustration!!
Exactly. It could be back to the level it was 1 month ago in 1 month from now if Trump does a complete 180 to his approach (doubtful and yet somewhat still believable) just like it could take 10 years.