I didnt have much to begin with only lost about 12k, I have nothing anyway. My mother lost roughly 100k in her retirement fund from all this crashing. My grandmother even more. How much have you lost in Trump’s Tantrum Tariffs game?

  • @selkiesidhe@lemm.ee
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    191 month ago

    I decided to adult and buy a few stocks. So far I’ve lost six hundred dollars.

    Yes that doesn’t seem like a lot but I’ve never invested before and I’m not exactly rich.

    Haven’t checked my retirement because I’ve never expected to be able to retire in this country. I will work till I die. Yay, American dream! 🙁

  • @RagingHungryPanda@lemm.ee
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    171 month ago

    I haven’t sold, so none. I’m going to buy a bit more. Even if it goes down I can still get dividends and borrow against it rather than selling if i need

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    1 month ago

    once the little people sell their assets for pennies, they will just bulk buy it at a bargain and reverse the shitty decisions that made it crash.

    just legalized robbery-with-extra-steps.

    • @SouthEndSunset@lemm.ee
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      51 month ago

      I hope no one sells, if anything they should buy more. Assuming, and that’s a big word here, they can afford to.

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        41 month ago

        the fact its crashing so hard means quite a bunch of money was already pulled out.

        • @SouthEndSunset@lemm.ee
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          21 month ago

          Appreciated, I was more referring to the ordinary folk that wouldn’t have that level of influence. But I suppose that that’s passed.

  • @zxqwas@lemmy.world
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    1 month ago

    I bought European defense stocks so I get happy whatever he says.

    Jokes aside about 30k maybe? Not sold anything and I did not care enough to check. Hopefully he does not get to stay in office for another 4 years. I’ll just buy more meanwhile.

  • @baggachipz@sh.itjust.works
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    101 month ago

    I sold about a third of my shares in my retirement index fund into “cash” about a month ago. This was obviously coming and I figured I would try to time the market in this instance. I didn’t have the balls to do the whole thing but I stand to make a nice gain if I can buy back in on the way up.

    The next few years will be a constant whip saw of crashes and “recoveries”, because the big money wins more when prices are volatile. They sell before you can. They buy before you can. It’s a dance they take advantage of, and we should try to as well.

  • Sibbo
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    91 month ago

    Aren’t the stock markets supposed to recover from a crisis like this, as they always did in the past?

    • @baggachipz@sh.itjust.works
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      31 month ago

      Anyone acting like this current clusterfuck is permanent or anything but a random stupid whim hasn’t been following what this shitgibbon does. He will repeal the tariffs at some point, call it a win, and the market will rally in response. Then it’s on to the next abomination of “policy”. Just another episode in the nonstop trash reality show that is a Trump presidency.

  • @WetBeardHairs@lemmy.world
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    81 month ago

    In January I moved all my 401k funds to a vangaurd stable fund which mostly invested in money markets. My 401k is somehow up from April 1st by a few %. Thinking of reallocating to take advantage of Trump’s inevitable reversal.

    My guess is he will do it piecemeal as countries cave to his attempt at soliciting bribes. So the market as a whole wont recover all at once. When I see he is starting to reverse individual tariffs, that’s when I’ll do the reallocation. But until then I think there is more to lose.

    Also I shorted Elmo and cashed out high enough to cover the losses on the rest of my portfolio. So somehow I didn’t get turbofucked by them this time.

    • @Sanctus@lemmy.worldOP
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      21 month ago

      It just sounds like you were ready for the fuckening. Good job honestly, mate. I dont have the funds as a freshly salaryman to be playing markets. But I saw the movements and if I had a spare dime I would have made it out of here still complaining but covered. I’ll never stop complaining until equality and equity are human pillars tho.

    • Angry_Autist (he/him)
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      41 month ago

      As long as you don’t cave, the worst that will happen is you bought before the Depression 2.0 firesale. Your kids will be one of the few of their generation with access to a house. Congrats. Fuck you.

  • @Demonmariner@lemmy.world
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    71 month ago

    The market has given up about one year’s gain, so people who have held diversified portfolios for longer than that haven’t really "lost"anything.

    Yet.

  • Angry_Autist (he/him)
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    61 month ago

    Not a penny. I dumped my meager stocks in November and I shit you not rolled them over into a bunch of nonperishable food

  • @expatriado@lemmy.world
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    61 month ago

    i am just starting on a fresh 401k account, i guess i got lucky, but people with decades worth of contributions must be swearing bullets