this post was submitted on 12 Apr 2025
660 points (98.7% liked)

Political Memes

7754 readers
3127 users here now

Welcome to politcal memes!

These are our rules:

Be civilJokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.

No misinformationDon’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.

Posts should be memesRandom pictures do not qualify as memes. Relevance to politics is required.

No bots, spam or self-promotionFollow instance rules, ask for your bot to be allowed on this community.

No AI generated content.Content posted must not be created by AI with the intent to mimic the style of existing images

founded 2 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 58 points 1 day ago (1 children)

It’s not a crash… it’s a wealth transfer. They saw how effective economic crisis was for wealth transfer during covid, and they are manufacturing a controllable version of that through on-again-off-again tariffs. The old advice of “stay the course” with your 401k may not be the best course of action anymore. But I’m no expert… time will tell.

[–] [email protected] 19 points 1 day ago* (last edited 1 day ago) (2 children)

"Stay the course" is still the best advice. You don't actually lose anything as long as you don't sell. As long as it recovers by the time you retire and start withdrawing from it, it's fine.

The main problem would be if Trump's fuckery deals a fatal wound to the US economy and it never recovers. Even then, you can diversify right now into international stocks to mitigate that chance.

[–] [email protected] 7 points 1 day ago* (last edited 1 day ago)

Relevant

And thinking of it this way.. if you cash out and lock in losses and stop investing, you're likely to never or greatly delay your retirement. If you keep investing, even with catastrophic losses in the market, you'll be buying at the bottom and if you've still got enough time before retirement, you should still make it.

[–] [email protected] 3 points 1 day ago

These thoughts and this paper and video analysis https://youtu.be/-nPon8Ad_Ug led me to that same conclusion. Definitely going to start having a more internationally weighted portfolio.