• oppy1984
      link
      fedilink
      English
      121 month ago

      Only if you need the funds short term, if you are a ways off from needing the funds then hold what you’ve got and start building a cash reserve to buy more shares when it’s low.

      • @[email protected]
        link
        fedilink
        English
        91 month ago

        Time in market beats timing the market. You’re never going to now when stocks are “low”. You’re just as likely to wait JUST a little too long and then end up buying when it’s higher than it is now.

        If you have AVAILABLE cash now, that isn’t needed for an emergency fund, put it in the market now.

        If you want to hedge your bets a bit, then just invest a smaller amount every week to distribute the buying power in case the market keeps dropping.

        Trump could just announce that tariffs are dumb and he’s never doing another one tonight, and the market jumps in off hours trading. Or the market could bounce up for a couple days then crash. Or the market could stay down for the next 4 years.

        It’s impossible to predict when the “buy back in” period should start, so just don’t even try.

        • @[email protected]
          link
          fedilink
          11 month ago

          That being said, you also don’t know where the bottom will be, so slowly buying into a falling market should let you get a good amount of buys in close to the bottom.

        • @[email protected]
          link
          fedilink
          English
          41 month ago

          You’re just as likely to wait JUST a little too long and then end up buying when it’s higher than it is now.

          I think you’re overestimating the performance of the stock market for the next 1-4 years.

            • @[email protected]
              link
              fedilink
              21 month ago

              There were a lot of people that knew this crash was going to happen.

              Pretending like there’s no way to know anything about the market and then dumping your hard earned money into it is such an insane Nhilist take.

            • @[email protected]
              link
              fedilink
              English
              21 month ago

              Well, we can be rather certain it’s not going up over the next month, wouldn’t you agree? Not unless somehow we can re-wind international politics.

        • oppy1984
          link
          fedilink
          English
          11 month ago

          That is one way, and it is smart. For me I have a small amount of companies that I own and want to increase my stakes in those. The problem is they are all up at the moment. I’m waiting for a drop then I’ll start buying in.

      • @[email protected]
        link
        fedilink
        21 month ago

        I think setting a stoploss and then just stay in/ cash out automaticly is also completely viable (as long as your trading fees of cashing out and re-enter are well covered by total earnings so far)

        Taxes are another thing though.

        • oppy1984
          link
          fedilink
          English
          11 month ago

          That is a totally viable method, it’s just not the one I want to pursue.

          Also, yeah I don’t even want to think about the taxes…

      • @[email protected]
        link
        fedilink
        61 month ago

        That’s what most people don’t get about investing-- there is money to be made in both market directions. The rich understand that.

        • oppy1984
          link
          fedilink
          English
          71 month ago

          Yep, when I started investing about 20 years ago I read as much as I could, one thing that always stuck with me was a Warren Buffet quote “be fearful when others are greedy and to be greedy only when others are fearful”.

          That’s generally how I approach investing in stock and Bitcoin. There are exceptions of course, but that’s the general plan. This stock or whatever isn’t failing, it’s on sale.

          • @[email protected]
            link
            fedilink
            English
            111 month ago

            Wellllll, we’re heading into completely uncharted territory here. No Warren Buffet wisdom has any relevance, because no one has dismantled the US government like this before. And we’re only a month in. Extrapolate one month of damage over a 4-year term… we’ve experienced 2% of a Trump/Musk term.

            Yeah I would absolutely recommend selling everything now, it’s going to go much, MUCH lower. If you really want to play that game, wait until it’s all hit rock fucking bottom to buy again.

            • oppy1984
              link
              fedilink
              English
              21 month ago

              To each their own, I’ll stick with my method and you can do yours. We’ll just have to wait and see who’s got the right idea in this uncharted landscape.

              I wish you the best of luck, not sarcastically either.

            • @[email protected]
              link
              fedilink
              English
              21 month ago

              Every dip is “uncharted territory”

              The COVID quarantine was uncharted.
              The 2008 financial crisis was uncharted.
              The 1999 tech bubble was uncharted.

              To the market, today’s just another Tuesday.

              • @[email protected]
                link
                fedilink
                English
                71 month ago

                So there’s a failsafe for these kinds of crises called “government”.

                What’s currently uncharted is that we are dismantling the failsafe.

                If you think any of those are in any way comparable to what’s happening now, you aren’t paying enough attention.

            • @[email protected]
              link
              fedilink
              English
              21 month ago

              OTOH it’s likely that they’ll be trashing the value of the dollar at the same time they’re trashing the stock market. So being all cash might not be such a great plan, unless your cash is some other color than green.

              IMO they are trying to tank the whole world’s economy and leave the only true wealth in the form of land, manufacturing capacity and extractable resources like fossil fuels. So I would recommend selling your stocks and buying Saudi Arabia.

      • @[email protected]
        link
        fedilink
        41 month ago

        Well we might be seeing the end of stocks as an investment platform so if you have money to invest maybe just save it for now.

        • @[email protected]
          link
          fedilink
          11 month ago

          Thanks for the perspective, I was honestly trying to think in terms of investing overseas, which I should’ve mentioned (Is that even possible?). I’ve been saving, studying, and working on my career to move to teach in Japan eventually and I don’t want what little I currently have to be worth nothing. Right now the dollar is strong against the yen but I don’t know if that’ll be true by the time I graduate (Which is slow, I’m not going to go into debt for this). Considering taking a class on finance even though math is my worst subject.

  • Stern
    link
    fedilink
    351 month ago

    Imagine speedrunning your way into the great depression.

    • masterofn001
      link
      fedilink
      19
      edit-2
      1 month ago

      And…

      Destroy USD.

      Remove USD as global reserve currency.

      Bitcoin.

      Sell off land to billionaire buds.

      (Allow) Nuke a few cities?. Big midterm surprise?. /q’s Great solar flash of 2025 - this is the only one I’m not certain of what/how/when.

      Voilà.

      Lol. You downvote. Everything he does is a known. You just have to listen. Here’s my comment from almost 4 months ago about tarrifs https://lemmy.ca/post/33768636/13042232

      • @[email protected]
        link
        fedilink
        English
        41 month ago

        Big midterm surprise?

        This is the depressing thing. Even if they do somehow lose their grip over public opinion, a fake terrorist attack would be all they’d need to restore themselves. Good thing Putin has no experience with faking terrorist attacks …

        • masterofn001
          link
          fedilink
          2
          edit-2
          1 month ago

          Yeah, this comment has a lot to analyse yet there is little to no commentary on it:

          The red states are going to do good, and the blue states, I don’t know, maybe they’ll totally disappear off that map.

          The wording isn’t accidental. And it’s a bit more than terrifying.

          Disappear. Not change, not swing, not go red. “Disappear off that map.”

    • @[email protected]
      link
      fedilink
      41 month ago

      Another problem is that down to lower class the americans invest for their retirement.

      If he wipes out the people’s lifetime savings, they can’t afford to retire and got to work longer - even if the recession is driving inflation down.

      • @[email protected]
        link
        fedilink
        English
        41 month ago

        You think that billionaires that are influenced by the likes of Curtis Yarvin care about people saving for retirement?

        • @[email protected]
          link
          fedilink
          11 month ago

          No, I just thought about how normal people are fucked over. In systems with public pensions, politicians could just cut the pensions, in a property and investment based system, you have to make the “lifetime savings” of the lower 95% just not liveable by greedflation, concentration of wealth and volatile markets that eat up savings - and don’t allow sub-billionaires to hedge.

      • @[email protected]
        link
        fedilink
        English
        61 month ago

        They meant Don Jr.

        Donald will be in the hyperbaric chamber attaining immortality, returning in 2032 as the Undertrump.

        • @[email protected]
          link
          fedilink
          31 month ago

          Thankfully, Elon has shown that whatever Trump mystique there is won’t magically transfer to someone else just because they’re associated with him.

    • Avid Amoeba
      link
      fedilink
      8
      edit-2
      1 month ago

      Thirty-three percent of Trump voters said, in their own words, they voted for him because of the “economy” or because “he is a good businessman,” a Washington Post-Schar School poll released Friday reveals.

      This is from December. It’s also a good sign because these are the people that are likely to turn on him as the prices increase and unemployment jumps.

      • @[email protected]
        link
        fedilink
        English
        111 month ago

        people that are likely to turn on him

        i think you’re underestimating just how brainwashed these people are. just the other day there was an article about a guy who lost his dream job in govt. because doge, and he STILL couldn’t muster the gumption to say maybe trump was a fucking bad idea

        https://lemmy.zip/post/33597934/17139253

        • Avid Amoeba
          link
          fedilink
          21 month ago

          Even in that quote alone there’s 1 out of 3 who regret their vote. If we extrapolate to the group who voted economically, that’s 10% of his voters. That’s way more than enough to change the election outcome next time around. Yes there many who are brutally brainwashed, perhaps most, but we don’t care about most. We care about 5-10% to change their minds. While I don’t pretend my little extrapolation here is scientific in any way, I think that’s achievable. 🥹

      • @[email protected]
        link
        fedilink
        41 month ago

        December 1964? Because as far as I remember he crashed every business he owned even in industries that were rapidly growing like gambling.

  • Diplomjodler
    link
    fedilink
    1401 month ago

    What could possibly go wrong when you give the most important job in the world to the most unqualified person ever?

    • @[email protected]
      link
      fedilink
      English
      311 month ago

      I bet we could find someone less qualified.

      It just would be difficult to find one outside of a hospital or care home.

    • @[email protected]
      link
      fedilink
      English
      37
      edit-2
      1 month ago

      We need to dispense with this notion that Trump is “unqualified.” He is very qualified for the job that he actually set out to do, and has been accomplishing it expertly.

      It’s just a different job than the one you think it’s supposed to be.

      • @[email protected]
        link
        fedilink
        English
        101 month ago

        I don’t believe that for one second. They’ve got a Project 2025 playbook written by some smarter people that makes them almost look competent. But they aren’t even doing that great of a job of it. The whole lot appear to be as dumb as a box of rocks from my PoV.

        • @[email protected]
          link
          fedilink
          English
          251 month ago

          Consider the possibility that Trump’s real goal is to destabilize the US, destroy its democracy and civil liberties, and turn it into a Russian-style oligarchy and vassal state of Russia.

          Given that assumption, what mistake has he made that detracts from that goal?

          • @[email protected]
            link
            fedilink
            English
            51 month ago

            It’s a bad assumption. I could just say the same thing with the hypothesis about him being dumb.

            It also ignores the fact that he’s not alone. He’s got pretty much the whole government doing the thing. But I’m sure you’ll say they’re all looking to do the same thing.

            I think his only goal is his own enrichment and power. I doubt he even cares about his legacy.

            • @[email protected]
              link
              fedilink
              English
              14
              edit-2
              1 month ago

              Nonresponsive.

              What mistake has he made that detracts from that goal?

              I don’t think you can name one. Prove me wrong.

      • @[email protected]
        link
        fedilink
        61 month ago

        Trump is overqualified to take us right into bankruptcy. He’s been here so many times! Don’t worry! Just ask for money from stupid people that have money!

        • @[email protected]
          link
          fedilink
          English
          91 month ago

          Unironically, yes. You wanna know why Trump’s businesses kept going bankrupt? Because they were never meant to be sustainable in the first place. They were scams – probably fronts for Russian money laundering – and designed to have all the money extracted and then implode on purpose before law enforcement could start looking too closely.

          And now he’s doing the same thing with the entire goddamn country.

  • Optional
    link
    fedilink
    801 month ago

    Well . . yeah. He’s a demented rapist.

    Who the fuck is just figuring this out?

      • Cows Look Like Maps
        link
        fedilink
        14
        edit-2
        1 month ago

        The markets haven’t historically had a problem with demented rapists in charge unless it effects shareholder value.

        • @[email protected]
          link
          fedilink
          61 month ago

          Seems like a pretty big flaw in the system that a demented rapist being in charge doesn’t always impact shareholder value. Idk, maybe I’m just a beta cuck or something.

  • @[email protected]
    link
    fedilink
    English
    13
    edit-2
    1 month ago

    I’m sure this would have been just as bad under Kamala.

    /s (cannot believe I have to add this, but…)

    • @[email protected]
      link
      fedilink
      English
      61 month ago

      Yeah, no. Even if Kamala just continued whatever Biden was doing it would have been better than this.

      • @[email protected]
        link
        fedilink
        English
        11 month ago

        even hillary wanted to continue obamas policies, but RACIST AND SEXIST white men do not like women, period.

      • @[email protected]
        link
        fedilink
        English
        71 month ago

        Haha, of course I’m not serious, but a whole lot of bothsidering centrists and an unfortunate amount of leftists keep saying all this is the Democrats fault because they didn’t offer them a pretty, pretty pony last fall.

        • @[email protected]
          link
          fedilink
          English
          11 month ago

          I feel split on that. My hatred is kind of for both groups. Democratic consultants, Biden, Harris, and DNC leadership in general I hate with a severe intensity for this failure, but also “Both sides bad” people and leftist non-voters I also hate with the same severe intensity. I hope they get exactly what they did not vote for.

          The only Dem politician involved in this fiasco I don’t hate is Walz. Just some significant disappointment.

  • @[email protected]
    link
    fedilink
    English
    141 month ago

    Republican administrations tank the economy when it’s business as usual.

    This is the dissolution and piecemeal sale of the US Government.

    Of course there is going to be a fucking recession!

  • Blackout
    link
    fedilink
    641 month ago

    The upcoming Trumpageddon will make the Trumpcession look like Trumplemania.

    • chingadera
      link
      fedilink
      11 month ago

      Can’t tell if I’m supposed to give a shit, Trumplemania ‘05 or 06’?

    • 74 183.84
      link
      fedilink
      English
      31 month ago

      I hope you are ready to open up and embrace big daddi T and all he has to offer. Cause he fuckin us all