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
    link
    fedilink
    192 months 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
    link
    fedilink
    172 months 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

  • @zxqwas@lemmy.world
    link
    fedilink
    14
    edit-2
    2 months 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
    link
    fedilink
    102 months 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
    link
    fedilink
    92 months 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
      link
      fedilink
      32 months 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
    link
    fedilink
    82 months 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
      link
      fedilink
      English
      22 months 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)
      link
      fedilink
      42 months 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
    link
    fedilink
    72 months 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)
    link
    fedilink
    62 months 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
    link
    fedilink
    62 months 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