My finance app automatically increased my retirement age by 8 years as a result of this. Retirement accounts, though diversified, are tanking. At least I have years to wait this out - I feel bad for anyone who was planning to retire soon.
this post was submitted on 14 Mar 2025
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Economics
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Good time to buy. Might get a couple more shares in each parcel purchase.
Terrible time to buy. Economic things are very unstable right now and it's very possible that the market will go down much much further
It’s impossible to time the dip, for most people, for long term investments, best advice is to just execute dollar cost averaging.
Invest small amounts of money regularly and let it sit.
This is all predicated on the historical trend that, while the market fluctuates up and down over the short term, over the long term the economy grows and the market grows.
Buying in a down market on a long term investment is just capturing assets on sale. You wouldn’t normally avoid getting something at 10% off on the chance that it might be 30% off.
The only thing that should really send you away from the market for long term investing is if you think the system will collapse entirely or if you think this market is at the peak for between now and when you want to use that money.
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I just have it all automated through my job, maxing out the 401k there and a Roth maxed out through a robo-investor. I'm not smart enough to try manually buying stocks. I did dump a thousand into random stock and crypto a few years ago and just don't touch it.
I buy Vanguard ETFs which have low fees. Now I’m big into international post-Trump, so VXUS. You can get total bond market and stock market funds. This way you get diversification super easily.
(Note, not financial advice. Talk to a finance person ya wanker)
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I'm not smart enough to try manually buying stocks.
No one is, who doesn't have insider information.
There have been numerous studies on the efficacy of active traders, professional, amateur, institutional, etc.
The results are that the average active trader is no more effective than trading completely randomly.
In fact, somewhere around 80% of major, actively traded hedge funds... underperformed the overall stock market in the last 15 years.
Anytime a 'genuis quant stock wizard' type figures out some new technical strategy that actually works, the other professional technical quants reverse engineer it within hours, days, weeks at max, and then the whole class of fancy pants people have that strategy, thus it stops working.
Thats why 401ks almost all are just indexed funds, mostly made up of a basket of stocks that basically weights the whole DJIA or SP500 by market cap such that you are effectively buying a tiny slice of the entire market.
Imagine that bell curve graph with a caveman gronk on the left saying 'active trading is basically gambling', the nervous dude with 'cool' haircut with a page of text explaining his brilliant trading strategy, and then on the right side, the robed wizard guy saying 'active trading is basically gambling'.
This is so true. For trading the saying "if everyone becomes XYZ no one is". This may make a single person rich, but once a technique is known the market will adapt because everyone uses it and thereby become useless. You can analyse the market as much as you want. You can understand every single thing of it and if this happens you will realise, that the market is truly random. I once saw a good video which explained this, but there is no way I ever gonna find that specific video
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You cannot say that Trump runs the government better or worse than a business. Remember: he managed to ruin a casino, usually an amazingly difficult feat.
Nobody has ever ran business like this before - believe me. Experts look at it and, and they - the experts - they say wow. Just WOW. They just can't find them - the words. The words. The words - they just come to me. Such beautiful words. Just the other day, a successful business owner came up to me and said sir - you have such beautiful words. Can you believe that? Such a strong business man. No surprise. He's clearly so smart. But I can just say words and people love them. Words together; words apart. Never together unless it's in an ok way. But we'll figure that out. You know what I mean. But we'll figure that out. We'll figure it out with the experts. The experts - states. The states figure that out.
I hate how real this feels.
Remember: he managed to ruin a casino, usually an amazingly difficult feat.
SIX casinos.
That's not actually true, casinos go broke just like normal businesses
https://news.temple.edu/news/2016-10-25/bankruptcy-expert-studies-trump-casinos
You can see from the graph other Atlantic City casinos had a hard time too, just not as bad as Trump's
Did they also have their daddies come in on multiple occasions to buy millions of dollars of chips in cash, and then dispose of them?
Numbers like this really put the £36 trillion sitting liquid in tax havens into perspective. If you think about what "money" is supposed to represent as a social construct, all the efforts and suffering in it's name, I call that £36 trillion the "Well of Souls."
Imagine if even half of that money had been distributed to the people who earned it by working hard.
An almost unnoticeable 1% of that is £360 billion, imagine what could be done with just that! Half would probably propel humanity forward, says everything you need to know about these wealth hoarders.
Just in time for the boomers retirement... I wonder if this will finally make the gereatrics to turn on daddy
Only for the very youngest. Most are long retired.
The wheels on the stock market crash, crash, crash....crash, crash, crash......crash, crash, crash. The wheels on the stock market crash, crash, crash, all the way home. 🎵
Lmao and lol.
Even though yes, I too lost a ton of money, this still makes me giddy.
For those who need it; don't sell. It will be okay, just wait it out.
If anything it's a good time to buy. It's still 100% up over 5 years.
i predict way more blunders going forward by the two daddies of the usa…
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Will it be ok? Will people around the world just go back buying american after Trump folds?
The markets don't necessary react to people boycotting US products at the moment. It's more the uncertainty with the tariffs and other decisions from Washington.
They will when they lose international markets and all their supply chains that are not entirely in the USA charge them the "we need to price in your bipolar president risk" fees
So it's a bet that Trump will someday have stable economic policies. How much money are you betting on that?
I deleted my Fidelity app. I wasn’t gonna do anything with the money in there anytime soon and I’d rather not know.
Absolutely the worst thing you can do now is sell.
Choo Choo
God I wish I had my options account open.
If all the stockholders who lost money to Trumps idiocity would write a "Thank you fro robbing me" card to the White House...
Hahahahahahahahahhahahahahahahahahahahahahahahahahahahahhaahahahahahahahahahahha *deep breath* hahahahahahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahahahahah
We're cooked. 😭
The question is, how will Bonespurs blame this on The Biden Crime Family™ ?
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