Investing?

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"Liberation" day (April 2) might make things drop if there are more tariffs announced.

[GardenSkater77]

The saga continues. After watching the following clip I decided to reduce my stock holdings down to 45% when the recommended for my retirement (20 years) is a mix of 70% stocks/ 30% bonds. I now have 50% of my family savings is in a Vanguard Federal Money Market acct (VMFXX).

We’ll see how tomorrow goes. They may have to shut the stock exchange down. Remember when that happened over and over again during Covid?

[TheLurper]

Other than putting a huge chunk in a Stable Value Fund, buying I-Series bonds when I do my taxes this year, or buying gold (a month ago), I don't have the knowledge how to handle this nonsense. I have people around me saying "Just ignore everything," but I feel this is bad advice. 

From a very basic understanding of economics, I don't see how this plays out well in the short mid or long term. Everything is about to cost more, people are going to lose jobs, and the economy isn't going to grow. All three pillars of stagflation, which is a nightmare for everyone but Mikey Taylor who celebrates other people's misery so he can buy up assets cheaply.

[Sila]

I just can't get my head around investing, all the conflicting information, and basically having to learn a new language.

I started saving chunks of money 10 years ago to maybe put into a business but I just flip art and music gear now and it's a pretty decent side hustle.

[BartHarleyJarvis]

Other than putting a huge chunk in a Stable Value Fund, buying I-Series bonds when I do my taxes this year, or buying gold (a month ago), I don't have the knowledge how to handle this nonsense. I have people around me saying "Just ignore everything," but I feel this is bad advice. 

From a very basic understanding of economics, I don't see how this plays out well in the short mid or long term. Everything is about to cost more, people are going to lose jobs, and the economy isn't going to grow. All three pillars of stagflation, which is a nightmare for everyone but Mikey Taylor who celebrates other people's misery so he can buy up assets cheaply.

I’m in the same spot as you. Normally I am a “just hold and ignore” guy because “time in the market” always beats “timing the market”. Unless you’re retiring in the next 5-10 years, the best thing to do is ride it out and keep investing.

[Nosferatu]

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Other than putting a huge chunk in a Stable Value Fund, buying I-Series bonds when I do my taxes this year, or buying gold (a month ago), I don't have the knowledge how to handle this nonsense. I have people around me saying "Just ignore everything," but I feel this is bad advice. 

From a very basic understanding of economics, I don't see how this plays out well in the short mid or long term. Everything is about to cost more, people are going to lose jobs, and the economy isn't going to grow. All three pillars of stagflation, which is a nightmare for everyone but Mikey Taylor who celebrates other people's misery so he can buy up assets cheaply.

[close]

I’m in the same spot as you. Normally I am a “just hold and ignore” guy because “time in the market” always beats “timing the market”. Unless you’re retiring in the next 5-10 years, the best thing to do is ride it out and keep investing.

HOWEVER…

JUST STOP THERE. The first paragraph is more applicable now than ever. Freaking out in turbulent markets are exactly when people get screwed. Nobody in the world, let alone the autists in this thread, knows what is going to happen to the market. Buy the dip and chill.

[BartHarleyJarvis]

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Other than putting a huge chunk in a Stable Value Fund, buying I-Series bonds when I do my taxes this year, or buying gold (a month ago), I don't have the knowledge how to handle this nonsense. I have people around me saying "Just ignore everything," but I feel this is bad advice. 

From a very basic understanding of economics, I don't see how this plays out well in the short mid or long term. Everything is about to cost more, people are going to lose jobs, and the economy isn't going to grow. All three pillars of stagflation, which is a nightmare for everyone but Mikey Taylor who celebrates other people's misery so he can buy up assets cheaply.

[close]

I’m in the same spot as you. Normally I am a “just hold and ignore” guy because “time in the market” always beats “timing the market”. Unless you’re retiring in the next 5-10 years, the best thing to do is ride it out and keep investing.

HOWEVER…

[close]

JUST STOP THERE. The first paragraph is more applicable now than ever. Freaking out in turbulent markets are exactly when people get screwed. Nobody in the world, let alone the autists in this thread, knows what is going to happen to the market. Buy the dip and chill.

Edited my previous post. I collected myself this morning and cancelled my sell orders. These tariffs affect my job and my company directly so i've been pretty frazzled the past couple of days, made an emotional decision. Just gonna sit pat, I'm fortunate to have emergency savings so I have no need to access any of my investments potentially for a long time. Will wait a little to see what happens and then continue making regular buys as I have been the past 5 years.

[TheLurper]

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Other than putting a huge chunk in a Stable Value Fund, buying I-Series bonds when I do my taxes this year, or buying gold (a month ago), I don't have the knowledge how to handle this nonsense. I have people around me saying "Just ignore everything," but I feel this is bad advice. 

From a very basic understanding of economics, I don't see how this plays out well in the short mid or long term. Everything is about to cost more, people are going to lose jobs, and the economy isn't going to grow. All three pillars of stagflation, which is a nightmare for everyone but Mikey Taylor who celebrates other people's misery so he can buy up assets cheaply.

[close]

I’m in the same spot as you. Normally I am a “just hold and ignore” guy because “time in the market” always beats “timing the market”. Unless you’re retiring in the next 5-10 years, the best thing to do is ride it out and keep investing.

HOWEVER…

[close]

JUST STOP THERE. The first paragraph is more applicable now than ever. Freaking out in turbulent markets are exactly when people get screwed. Nobody in the world, let alone the autists in this thread, knows what is going to happen to the market. Buy the dip and chill.

[close]

Edited my previous post. I collected myself this morning and cancelled my sell orders. These tariffs affect my job and my company directly so i've been pretty frazzled the past couple of days, made an emotional decision. Just gonna sit pat, I'm fortunate to have emergency savings so I have no need to access any of my investments potentially for a long time. Will wait a little to see what happens and then continue making regular buys as I have been the past 5 years.

Yea, panic selling is rarely a good idea. If we were going to adjust, we should have adjusted when @GardenSkater77 did so a month ago.

We all knew this was coming and it looks like the rollercoaster ride has begun. Unless we have the time to really understand the market and what plays to make, I'm not sure we can get off this ride.

[BartHarleyJarvis]

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Other than putting a huge chunk in a Stable Value Fund, buying I-Series bonds when I do my taxes this year, or buying gold (a month ago), I don't have the knowledge how to handle this nonsense. I have people around me saying "Just ignore everything," but I feel this is bad advice. 

From a very basic understanding of economics, I don't see how this plays out well in the short mid or long term. Everything is about to cost more, people are going to lose jobs, and the economy isn't going to grow. All three pillars of stagflation, which is a nightmare for everyone but Mikey Taylor who celebrates other people's misery so he can buy up assets cheaply.

[close]

I’m in the same spot as you. Normally I am a “just hold and ignore” guy because “time in the market” always beats “timing the market”. Unless you’re retiring in the next 5-10 years, the best thing to do is ride it out and keep investing.

HOWEVER…

[close]

JUST STOP THERE. The first paragraph is more applicable now than ever. Freaking out in turbulent markets are exactly when people get screwed. Nobody in the world, let alone the autists in this thread, knows what is going to happen to the market. Buy the dip and chill.

[close]

Edited my previous post. I collected myself this morning and cancelled my sell orders. These tariffs affect my job and my company directly so i've been pretty frazzled the past couple of days, made an emotional decision. Just gonna sit pat, I'm fortunate to have emergency savings so I have no need to access any of my investments potentially for a long time. Will wait a little to see what happens and then continue making regular buys as I have been the past 5 years.

[close]

Yea, panic selling is rarely a good idea. If we were going to adjust, we should have adjusted when @GardenSkater77 did so a month ago.

We all knew this was coming and it looks like the rollercoaster ride has begun. Unless we have the time to really understand the market and what plays to make, I'm not sure we can get off this ride.

I think if I had gotten my orders in earlier and they processed last night, I’d be feeling pretty good today. But I missed the deadline and would’ve taken a beating in the sale today so I’m along for the ride down now. C’est la vie.

[RCB3]

As people mentioned, selling when things have already tanked is never a good idea. Obviously no one knows how low things will go, but generally when people are panicking about things going much lower, it never happens, or at least to the extent people say. If you're out of the market when a potential v-shape recovery happens or some massive day of upside, that's when you're at risk of missing out of the most gains.

I personally do dynamic dollar cost averaging where I have ranges of prices where I buy the same amount, and if it goes lower, I buy more. And if it dips even lower, I buy even more. I obviously can't do that forever if things just dipped like crazy over a course of a year or 2, and it all depends on how much cash you have on hard or how much you put in from each paycheck, but it's worked really well over the years.

[easymoneysniper]

yeah I'm down like $10K since Trump got into office. Thankfully I'm pretty young and never intended to touch any of my inheritance $$$. hold baby hold. fuck Trump

[Big Brother]

Buy Bitcoin now and hold.

[Chavo]

yeah I'm down like $10K since Trump got into office. Thankfully I'm pretty young and never intended to touch any of my inheritance $$$. hold baby hold. fuck Trump

I’m 15k down in the last 24 hours. Stopped buying dips since they kept getting lower and lower.

[BartHarleyJarvis]

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yeah I'm down like $10K since Trump got into office. Thankfully I'm pretty young and never intended to touch any of my inheritance $$$. hold baby hold. fuck Trump

[close]

I’m 15k down in the last 24 hours. Stopped buying dips since they kept getting lower and lower.

[alien porkchop]

i feel like i have to take a moment to say the quiet part out loud. mikey taylor looks like a horse.

[Nom De Plume]

This asshole is taking the world economy to the no one of collapse with this tariff bullshit.

Sorry, couldn't help myself.

Down bad too.

[sexualhelon]

People can mention the actual amount of their losses but behind that depends what you invested in and the amount you invested. The more money you had in, the more you lost, but he's fucking everyone by the same percentage. Trump is not only destroying people's personal investments but also 401k's and slashing every system/org meant to aid normal people.

These tariffs aren't about negotiating. Look at what happened with Canada/Mexico in the beginning - false claims, false numbers. The tariff formula makes no sense -  the country’s trade deficit divided by its exports to the United States times 1/2. There's now way to ever make that even get close to even, especially for an island of penguins.

If you're reading this and still have money in the market, I'd get out and sit on the sidelines. We were due for a correction but this is not it. I want to make a joke and call it an "orange swan" event but it's not that. This admin wants people to bleed, they want to take everything you have. He's not even 1/4 of the way through his term and has already done an insane amount of irreparable damage to the US and it's people. By the looks of it, Trump may even really stay past a second term. Shit looks bleak. Not a buy the dip moment.

[igrindtwinkies]

I usually put my yearly bonus that I get in March into an index fund every year. I skipped it this year and put it into a high yield savings account because I've been looking at moving here.  Call me Warren Buffet.

[Coastal Fever]

I have an employer matched “medium risk investment” RRSP, it’s only been a year and a bit, so not a ton of cash.. but I checked it today and saw that I lost nearly 10% in the past couple weeks.  I just switched it over to a risk-free daily interest account for the time being.

[RCB3]

If we get another shitstorm of a day tomorrow, I'm going to try to make some bigger buys. I feel like everyone thinking it's going to be a horrific day means maybe it won't, but who knows. Hopefully it doesn't turn into buying dips upon dips. Fuck this administration.

[pugmaster]

I'm staying completely out until the next phase of bullshit: deportations. The US economy is massively dependent on immigrant labor. Not only will there be the cost of deporting people, but once they are deported, I expect massive holes in significant areas of our economy, such as hospitality, food supply, and construction. Not only that but there will be less tax base and less spending from the individuals who are immigrants. I am certainly no economist. I very much expect the worst from this administration. I would not be surprised at all if, at some point during the next 2 years, the Dow hits 25k.

[TheLurper]

@RCB3 how did you do today?


Also, I learned today that the company that managers our 401Ks can change at any moment. My money was in Company X up until a week ago. I checked it just to see the damage of the past week. My balance was zero. Called Company X and apparently, my previous employer transferred everything to Company Y.

Super annoying and sketchy.

[Big Brother]

BUY

[RCB3]

@RCB3 how did you do today?


Also, I learned today that the company that managers our 401Ks can change at any moment. My money was in Company X up until a week ago. I checked it just to see the damage of the past week. My balance was zero. Called Company X and apparently, my previous employer transferred everything to Company Y.

Super annoying and sketchy.

As of now, it worked out well, but I'm not too optimistic about the short-term. My wife and I both work from home and did our yearly retirement fund contributions this week as well, which I guess works out reasonably well, but still overall any investments we have are in the shitter. Trying to be robotic about buying and know most of the time buying at lower prices will work out in the long term, but my work has been slower the last few months as well, so it feels more painful spending money. Being an adult is weird haha.

[alien porkchop]

[Gnarfunkell]

Thanks for this. This is the first economic downturn where I actually have some money and am feeling the pain. Going to temporarily lower my contributions per paycheck, but otherwise I guess I'll just ride it out.

[Shtonk]

Has anyone made money from shooting Tesla? Really really wish I had. I'm pondering shorting a few other corps that rely on Asian labor, like Nike.

[GardenSkater77]

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[close]

Thanks for this. This is the first economic downturn where I actually have some money and am feeling the pain. Going to temporarily lower my contributions per paycheck, but otherwise I guess I'll just ride it out.

No need to lower your contributions. You should be able to contribute to a bond or a treasury note. Always contribute to your 401K at the highest amount.

As for the above chart, it’s good to know the history of the S&P, but we are in a new world so unless Trump changes course there is no telling how long the S&P will remain at current levels or drop.

I am more worried about my job right now than my investments. My company manufactures in the US and sells to China companies. It’s going to be a terrible time ahead for us.

[TheLurper]

Trade war paused for 90 days (except China) Stocks jump.

Anyone who bought low. Good job. Anyone just holding on. Good job. I bought some EUR last night to hedge against the majority of my savings being in USD. Might not have been the right time to do so.

There is euphoria over the broad pause, but China and America are basically creating an embargo. Who knows what comes next.

AEI (super conservative) noted that Trump and team did their stupid formula wrong. Tariffs should have been 1/4th as big.

Trump's goal lower tariffs of other countries? Create tax revenue via tariffs? Negotiate? No one knows. But he sure doesn't mind if regular people suffer.

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