Make America Great Depression again…? That’s where they’re taking this?
politics
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I deleted my Fidelity app when Trump took office. I wasn’t doing anything with my blue chip stock and I’d rather not see what I’m losing in real time.
The nice thing is over time historically the stock market or at least index funds always have gain. So either you will recover or... We all have bigger problems.
The nice thing is over time historically the stock market or at least index funds always have gain.
The analysis that was based on excluded the effect of markets going out of existence. If those events are taken into account, there's little to no long-term gain at all.
Hence the we have bigger problems. At least for the next ten years the stock markets won't say, hey its time to try helping out the poor. If the stockmarkets completely implodes, yeah we got some other problems goingonn.
Cool. But adding 5, 10, 20 extra years to get to the same valuation in your retirement plan isn’t “nice”.
Groovy. You are right, I was just using it as a transition to my comment. Who doesn't love waiting an extra 15 years for retirement?
Hahaha oh shits gonna go from really bad to worse
My 401k is factored into the divorce and that's a lot of money I'm about to not have to negotiate with
Trump targeted Hoover instead of FDR
The market has factored in these tariffs. They haven't factored in the retaliation tariffs, since they haven't been announced yet.
I feel like there should be a name for a tariff terrorist. A tarrifist? A terofist?
no the market was betting it was mostly a bluff. look at the futures market to see what tomorrow looks like. (dow jones down 1000 points, etc.)
Man that absolutely does not flow off the tounge.
Tarriforist?
Ugh that's worse
Tariffnator
I like how you removed your own upvote lol
It rubs me the wrong way, like laughing at my own jokes.
I’ve never invested or traded stocks and I probably never will…or be able to at this point. Happy recession day!