|
Replies: 96
| visibility 10113
|
Game Changer [1886]
TigerPulse: 82%
31
|
Dont check your 401K or portfolio today.
3
10
10
Apr 5, 2025, 9:19 AM
|
|
I imagine some of you retirees are beginning to sweat with the beating your investments are taking.
One of the worst stock market crashes in history ( we know Trump loves making history ).
So when do we get great again?
All this owning the Libs has been so good my peanut heart but not my portfolio!
|
|
|
|
 |
Asst Coach [872]
TigerPulse: 99%
23
|
You must be miserable living in fear
2
21
21
Apr 5, 2025, 9:27 AM
|
|
The market is long overdue for a correction, it happens.
Meanwhile, 228,000 jobs were added last month. Maybe you should come out of your mommy's basement and get a job...
|
|
|
|
|
|
Letterman [160]
TigerPulse: 80%
12
|
Re: You must be miserable living in fear
12
12
Apr 5, 2025, 9:36 AM
|
|
Short pain ...long gain
|
|
|
|
|
|
Ring of Honor [23494]
TigerPulse: 100%
53
Posts: 15147
Joined: 1995
|
Can't believe how gulible the maga crowd is....
Apr 6, 2025, 11:07 AM
|
|
...just kidding. I can believe it.
|
|
|
|
|
|
Ring of Honor [23494]
TigerPulse: 100%
53
Posts: 15147
Joined: 1995
|
288K in jobs are a good sign.
4
6
6
Apr 5, 2025, 10:47 AM
[ in reply to You must be miserable living in fear ] |
|
So why rock the boat with stupid tariff decisions using an idiotic formula and lying to the American people, calling it "tariffs against the USA"?
You can keep calling this self-inflicted and historic market damage a correction - nothing your orange God does is wrong.
|
|
|
|
|
|
Asst Coach [872]
TigerPulse: 99%
23
|
Re: 288K in jobs are a good sign.
1
5
5
Apr 5, 2025, 11:14 AM
|
|
|
|
Go back to sleep with Joe. People are going to work, there's much to be undone
|
|
|
|
|
|
CU Guru [1542]
TigerPulse: 100%
30
|
Re: 288K in jobs are a good sign.
4
Apr 5, 2025, 11:19 AM
|
|
I'd prefer asleep than being driven off the cliff by the madman IMO.
|
|
|
|
|
|
110%er [3827]
TigerPulse: 100%
35
|
|
|
|
|
|
Asst Coach [872]
TigerPulse: 99%
23
|
Re: 288K in jobs are a good sign.
1
Apr 5, 2025, 5:32 PM
|
|
🐑🐑🐑🐑🐑🐑🐑
|
|
|
|
|
|
Orange Beast [6549]
TigerPulse: 100%
40
|
Re: 288K in jobs are a good sign.
9
9
Apr 5, 2025, 11:16 AM
[ in reply to 288K in jobs are a good sign. ] |
|
So other countries putting tariffs against us or ok? Is it only the tariffs that the US imposes that are bad? For the record, US citizens are not each other’s enemy, it is CHINA. We have got to stop the name calling against each other. Personally, I am tired of being the world’s piggy bank, including the illegals that Biden intentionally let into our country. We need to take care of our own first. What Trump has done with tariffs needed to be done. He needed to force other countries to negotiate. Vietnam has supposedly already started the negotiations.
As far as the market goes, I am working to take advantage of the current dip.I will make a deal with you. Let’s revisit the economy a year from now and see how we look.
|
|
|
|
|
|
CU Guru [1542]
TigerPulse: 100%
30
|
Re: 288K in jobs are a good sign.
3
Apr 5, 2025, 11:24 AM
|
|
What Trump called "reciprocal" were no such thing. He literally asked ChatGPT how to calculate tariffs, and it spat out the dumbest answer possible. It uses the physical goods trade deficit only, and then calculated based on that (we have a 68% trade deficit with China, so they got a 34% tariff). This is absolute lunacy, as evidenced by NOT A SINGLE ECONOMIST thinking this is a good idea or at all based in any workable theory. Hell, we put tariffs on an island with no humans living there, only penguins. And the dumbest thing is that he put a 10% floor, so even countries that we run a trade surplus with get hit by these.
Trump is the mob boss, the tariffs are the goons demanding everybody in the neighborhood pay "protection money", and you can then negotiate more favorable terms with him personally (hey, if you buy out my Bedminster property for the month of may, I'll lower your tariffs).
|
|
|
|
|
|
Paw Warrior [4987]
TigerPulse: 96%
37
|
How do you figure they are reciprocal ?***
1
Apr 5, 2025, 11:30 AM
|
|
|
|
|
|
|
|
TigerNet Elite [74156]
TigerPulse: 100%
61
Posts: 43465
Joined: 2004
|
Re: How do you figure they are reciprocal ?***
4
3
Apr 5, 2025, 11:45 AM
|
|
Don't expect a leftist to understand how anything works.
|
|
|
|
|
|
Ring of Honor [23494]
TigerPulse: 100%
53
Posts: 15147
Joined: 1995
|
I understand. He conflated tariffs with a trade deficits then lied ...
1
Apr 5, 2025, 3:31 PM
|
|
...about it - calling them "tariffs against the USA".
It's not hard for anyone to understand if you're willing to.
|
|
|
|
|
|
110%er [3827]
TigerPulse: 100%
35
|
Re: How do you figure they are reciprocal ?***
1
Apr 5, 2025, 3:36 PM
[ in reply to Re: How do you figure they are reciprocal ?*** ] |
|
Why do you think everyone who knows the tangerine turd is a con man is a leftist? Using this thinking then you must be a right wing conspiracy theorist! Amirite?
|
|
|
|
|
|
CU Guru [1542]
TigerPulse: 100%
30
|
Re: How do you figure they are reciprocal ?***
Apr 7, 2025, 9:34 AM
[ in reply to How do you figure they are reciprocal ?*** ] |
|
That's my point. They are not reciprocal. They are trade deficits, not tariffs. And that's the problem. He's making stuff up out of whole cloth and lying about it.
And Trump supporters eat it up. They'll defend any dumb thing he does as some kind of brilliance. And he's just making it up as he goes, with ChatGPT's help.
|
|
|
|
|
|
Clemson Icon [26123]
TigerPulse: 100%
54
|
|
|
|
|
|
110%er [3827]
TigerPulse: 100%
35
|
Re: 288K in jobs are a good sign.
Apr 5, 2025, 8:12 PM
|
|
Who you calling an idiot loser? You’re in a cult.
|
|
|
|
|
|
CU Guru [1542]
TigerPulse: 100%
30
|
Re: 288K in jobs are a good sign.
Apr 7, 2025, 11:12 AM
[ in reply to Re: 288K in jobs are a good sign. ] |
|
Feel free to actually refute anything I said. I hope your 401k is doing better than mine. The only thing that spiked it this morning is the rumor that he may be holding off on tariffs for 90 days... otherwise I hope you aren't planning to retire soon.
|
|
|
|
|
|
Starter [278]
TigerPulse: 96%
14
|
Re: 288K in jobs are a good sign.
Apr 5, 2025, 3:50 PM
[ in reply to Re: 288K in jobs are a good sign. ] |
|
Please do not catch a falling knife. This is not a dip, it is not a correction. If Trump keep the tariffs in place we have a long way to fall. Our debt is a huge issue. Japan had debt issues in the 80's, the Nikkei hit 39k in 1989,over the next 14 years it lost 80% of its value. The bleeding stopped at 7900. Fair warning.
|
|
|
|
|
|
Rival Killer [2650]
TigerPulse: 100%
33
|
|
|
|
|
|
Ring of Honor [23494]
TigerPulse: 100%
53
Posts: 15147
Joined: 1995
|
Trumps first term is responsible for 25% of the current US debt.
2
Apr 5, 2025, 3:33 PM
|
|
So there's that.
|
|
|
|
|
|
Paw Warrior [4987]
TigerPulse: 96%
37
|
And then theres this
1
Apr 5, 2025, 3:44 PM
|
|
WASHINGTON, D.C. – Last night, President Biden and President Trump participated in the first presidential debate of the year. President Biden tried to paint a picture that his presidency has been good for the American people, but that couldn’t be further from the truth.
The House Budget Committee is here with the facts on last night’s claims by President Biden.
Read what he got wrong below and follow along for the truth.
Economy:
President Biden misled the American people about the pain his failed economic policies have inflicted. Under the Biden Administration, our country is at the highest level of indebtedness in history, inflation has soared nearly 20 percent, and the American dream has grown increasingly out of reach for millions of people.
inflationhealthcare
Some of the startling statistics under President Biden’s economy:
Prices are up nearly 20%, costing American families more than $17,000 per year.
The labor force participation rate of 62.5 percent is still below the prepandemic level of 63.3 percent, meaning 2.08 million fewer Americans are in the labor force when adjusted for population gains.
Interest rates were near zero percent before President Biden, now they are over five percent.
The Consumer Confidence Index is down 24 percent since February 2020, underscoring Americans’ pessimism about their fiscal future.
Inflation:
CLAIM: President Biden said he is “working to bring down the price around the kitchen table” for Americans.
FACT: The truth is, families continue to struggle under the weight of high prices, spurred by over-regulation and out-of-control spending. Since January 2021, inflation has increased by 19.3 percent. With average weekly earnings increasing by just 14.6 percent in the same time period, the price of goods has outpaced family income over the past three years. The runaway spending of unified Democrat control continues to pump unprecedented amounts of money into the economy, further threatening high inflation for taxpayers.
CLAIM: President Biden claims to care about America’s fiscal health.
FACT: The reality is that under President Biden, the cost to service our debt has skyrocketed. Interest spending has increased by $540 billion or 153 percent in the three years since President Biden took office. Our country now spends more to service the debt than we do on our national defense.
Jobs:
CLAIM: President Biden stumbled over his words stating he created 15,000 jobs, before correcting himself to say 15 million, claiming that his administration saw record job creation.
FACT: The truth is that he inherited historic post-pandemic job recovery, plus the current labor force participation rate is still below pre-pandemic levels, meaning there are 2.08 million fewer Americans in the labor force when adjusting for population gains than before the pandemic.
growthhealthcare
Additionally, about 50 percent of the labor market’s recent growth came from foreign-born workers between January 2023-2024.
Health Policy:
CLAIM: President Biden said he “beat Medicare” (Whatever that means).
FACT: President Biden is actually right here. He has “beat Medicare” by raiding the program to pay for his radical spending agenda. The truth is that the Medicare Hospital Insurance (HI) Trust Fund, out of which Part A benefits for inpatient care are paid, will be insolvent for 12 years. Medicare needs to be saved, not beat.
CLAIM: President Biden boasted that he lowered drug prices, saying “It’s $15 for an insulin shot, as opposed to $400.”
FACT: The truth is that the Democrat spending plan to institute a cap on insulin will impose more government coverage mandates on private insurers. Health insurers may respond to this by shifting the cost onto their patients through higher premiums, thus decreasing affordability for patients in need of care.
President Biden’s Medicare drug price controls also stifle American competition and jeopardize the creation of new essential cures.
Student Loans:
CLAIM: President Biden bragged about his efforts to forgive student loan debt.
FACT: The truth is that there is no such thing as “canceling” or “forgiving” debt, it is just a transfer of debt.
President Biden has “forgiven” $167 billion in student loans for over 4.7 million Americans. What the White House isn't emphasizing is that 87% of adults without student loans are being forced to pay for the 13% of adults who did.
Additionally, bailouts are incentivizing colleges to RAISE tuition prices. Studies have found that universities have raised tuition prices by 60 cents from every dollar of taxpayer-subsidized loans.
He is not forgiving student loans, he is placing the burden of loans onto the backs of working-class taxpayers.
The Bottom Line:
No amount of spin can change the fact that President Biden’s tenure has been Four Years of Fiscal Failure. President Biden’s failed economic policies and Democrats’ reckless spending have caused prices to increase, resulting in massive harm to the American people.
More from the House Budget Committee:
The gross national debt is currently $34.73 trillion. This equates to:
$104,216 per person in the U.S.
$264,268 per household in the U.S.
$480,241 per child in the U.S.
The debt one year ago was $32.1 trillion, meaning that the debt has increased by $2.64 trillion over the past 12 months. The rate of increase since one year ago has equaled:
$220 billion in new debt per month.
$7.2 billion in new debt per day.
$301 million in new debt per hour.
$5 million in new debt per minute.
$83,651 in new debt per second.
When President Biden took office total gross debt was $27.75 trillion, meaning he has increased the national debt by $6.97 trillion. This equates to:
$20,925 more debt per person.
$53,061 more debt per household.
$96,424 more debt per child.
|
|
|
|
|
|
Associate AD [1061]
TigerPulse: 76%
25
|
Re: And then theres this
Apr 6, 2025, 12:03 AM
|
|
That's a lot of wordage. People got stuff to do.
|
|
|
|
|
|
Game Changer [1825]
TigerPulse: 96%
31
|
|
|
|
|
|
Ring of Honor [23494]
TigerPulse: 100%
53
Posts: 15147
Joined: 1995
|
What trumps calls "tariffs against the USA" is a lie.
Apr 5, 2025, 3:29 PM
[ in reply to Re: 288K in jobs are a good sign. ] |
|
But hey, when did his lying stop his disciples from believing?
|
|
|
|
|
|
Paw Warrior [4987]
TigerPulse: 96%
37
|
|
|
|
|
|
All-Pro [784]
TigerPulse: 99%
22
|
Re: 288K in jobs are a good sign.
2
1
Apr 5, 2025, 11:49 AM
[ in reply to 288K in jobs are a good sign. ] |
|
If you’re smart you’ll buy in as deep as you can afford to. The longer we wait to bring manufacturing back here (especially steel, aluminum, pharmaceuticals, machine tools etc.) the more painful it will be. There are some things I don’t like about our president but his ability to make the USA strong economically is not one of them. I’ll also thankful we’re securing our borders and acknowledging that we are the sex that we were created as.
|
|
|
|
|
|
Orange Blooded [2168]
TigerPulse: 84%
32
|
Re: 288K in jobs are a good sign.
Apr 5, 2025, 12:22 PM
|
|
It's not a wanted wait time. Building factories tbat are up to a general safety code, hiring and training a workforce, and successful launch of a new facility is about 24-26 months. With Government help maybe 18mnths at best. Some things can't be made here without importing some parts of it. The long game us great, but if our markets continue to drop, Democrats will win tbe next elections and this pain and financial loss in our retirement accounts will be for nothing.
|
|
|
|
|
|
Game Changer [1869]
TigerPulse: 84%
31
|
Re: 288K in jobs are a good sign.
1
Apr 5, 2025, 1:38 PM
|
|
hot neocon take
|
|
|
|
|
|
Associate AD [1061]
TigerPulse: 76%
25
|
Re: 288K in jobs are a good sign.
1
Apr 6, 2025, 12:06 AM
[ in reply to Re: 288K in jobs are a good sign. ] |
|
I'm afraid he doesn't understand how simple businesses work, let alone a national economy. He hasn't had any real success in business without defrauding people. His biggest "success" was being picked for the Apprentice because he was the only so-called billionaire with tons of free time.
|
|
|
|
|
|
Oculus Spirit [42130]
TigerPulse: 100%
57
Posts: 18849
Joined: 2015
|
|
|
|
|
|
Starter [278]
TigerPulse: 96%
14
|
Re: But seriously a smart person is thinking,
Apr 5, 2025, 1:31 PM
|
|
After capitulation occurs, it has not.
|
|
|
|
|
|
Game Changer [1869]
TigerPulse: 84%
31
|
|
|
|
|
|
MVP [544]
TigerPulse: 99%
19
|
Re: 288K in jobs are a good sign.
1
Apr 5, 2025, 1:30 PM
[ in reply to 288K in jobs are a good sign. ] |
|
Assuming you’re from California, has your left, lib-tard Governor allowed parents to know if their boy students want to be converted to girls at school?
|
|
|
|
|
|
Trainer [-97]
TigerPulse: 52%
-1
|
Re: 288K in jobs are a good sign.
2
Apr 5, 2025, 3:10 PM
[ in reply to 288K in jobs are a good sign. ] |
|
So why rock the boat with stupid tariff decisions using an idiotic formula and lying to the American people, calling it "tariffs against the USA"?
You can keep calling this self-inflicted and historic market damage a correction - nothing your orange God does is wrong.
YOU are an idiot!
|
|
|
|
|
|
Dynasty Maker [3286]
TigerPulse: 100%
34
|
|
|
|
|
|
Paw Warrior [4987]
TigerPulse: 96%
37
|
Hes the President of the Free World
Apr 5, 2025, 3:37 PM
|
|
And he’s doing what he said he would do. Nothing more. And it’s the reason he won in a landslide.
|
|
|
|
|
|
Starter [278]
TigerPulse: 96%
14
|
Re: Hes the President of the Free World
Apr 5, 2025, 3:52 PM
|
|
It was not a landslide, just stop. A few thousand votes in key states and it would have been Kamala. I would not want that but he did not win by a landslide.
|
|
|
|
|
|
Dynasty Maker [3286]
TigerPulse: 100%
34
|
Re: Hes the President of the Free World
2
Apr 5, 2025, 3:53 PM
[ in reply to Hes the President of the Free World ] |
|
he’s a blowhard and didn’t win in a landslide. and I’m pretty sure dear elonia helped him secure the election.
|
|
|
|
|
|
Standout [207]
TigerPulse: 99%
13
|
|
|
|
|
|
Starter [278]
TigerPulse: 96%
14
|
Re: You must be miserable living in fear
Apr 5, 2025, 1:31 PM
[ in reply to You must be miserable living in fear ] |
|
Wait for the revision before crowing and pay attention to coming months.
|
|
|
|
|
|
Starter [266]
TigerPulse: 70%
14
|
Re: You must be miserable living in fear
1
Apr 5, 2025, 3:24 PM
[ in reply to You must be miserable living in fear ] |
|
You mean my house after old Dementia Dons tariffs torpedoed my retirement and the Ketamine Kid is killing Social Security and Medicaid ? I turned 65 2 weeks ago
|
|
|
|
|
|
Starter [278]
TigerPulse: 96%
14
|
Re: You must be miserable living in fear
Apr 5, 2025, 3:53 PM
|
|
At 65 most of your assets should be in safer havens than the market, just saying. In your 40's you have time to recoup, 65 not so much.
|
|
|
|
|
|
Associate AD [1061]
TigerPulse: 76%
25
|
Re: You must be miserable living in fear
Apr 6, 2025, 12:11 AM
|
|
Most, but the traditional formula is still 35% in equities at age 65.
|
|
|
|
|
|
Starter [278]
TigerPulse: 96%
14
|
Re: You must be miserable living in fear
Apr 6, 2025, 8:14 AM
|
|
Depending on your own tax liabilities a lower yield with tax free bonds is a far better structure. It is a game of trying to stay in that 12% rate instead of the 22% rate.
|
|
|
|
|
|
Associate AD [1061]
TigerPulse: 76%
25
|
Re: You must be miserable living in fear
Apr 6, 2025, 12:13 PM
|
|
This is for the 401(k) and a strategy to preserve capital so that I can borrow from it for a car or home improvement or whatever. I've stuck to that formula since 30 or so, and it worked well to weather all the downturns. Once or twice a year, I rebalance so it moves stock to fixed when the market goes up and fixed to stock when the market goes down. When this Trump idiocy levels out, I'll rebalance to get back to 60% fixed.
|
|
|
|
|
|
Solid Orange [1377]
TigerPulse: 98%
28
|
|
|
|
|
|
Game Changer [1825]
TigerPulse: 96%
31
|
Yep, this is just your typical 2-day, 11% drop in
Apr 5, 2025, 8:31 PM
[ in reply to You must be miserable living in fear ] |
|
the market, it happens every…. oh wait it’s never happened. However, it’s just the biggest one day drop since the last time Trump was in office.
|
|
|
|
|
|
National Champion [7770]
TigerPulse: 96%
42
|
lol that meteoric covid rise was bound to come down
2
Apr 5, 2025, 9:31 AM
|
|
it's like it's all so far detached from GDP
and a bunch of AI bot trading
|
|
|
|
|
|
Clemson Icon [26123]
TigerPulse: 100%
54
|
Re: Dont check your 401K or portfolio today.
2
Apr 5, 2025, 9:52 AM
|
|
Panic much 🤣
|
|
|
|
|
|
CU Medallion [20696]
TigerPulse: 100%
52
Posts: 14592
Joined: 2009
|
No worries. New manufacturing plants will start springing up
12
12
Apr 5, 2025, 9:56 AM
|
|
everywhere very soon and the 4.5% left of Americans unemployed will all be at work and getting wealthy instead of sponging off of the other 95%. They will be the best employees also as we all know those without jobs today are actually our brightest and most capable - just waiting it out for the big opportunity. All the steel and materials needed to construct these plants at the same time will drive down costs super big due to the law of supply and demand, so that's another bonus. Oh and we will have steel mills popping up everywhere also overnight so we can supply all the new construction that's taking place at the same time. Suck on that libs!
Stop fretting about the boundless prosperity headed our way. Sacrificing for the greater good can be bumpy. Liberal tears are sweet so if times get a little rough you can always feast on them.
USA! USA! We're back, baby!
Message was edited by: wildblulou®
|
|
|
|
|
|
Ring of Honor [23409]
TigerPulse: 100%
53
|
I think you forgot the /s at the end.....
3
Apr 5, 2025, 10:12 AM
|
|
|
|
|
|
|
|
Ring of Honor [23494]
TigerPulse: 100%
53
Posts: 15147
Joined: 1995
|
Re: I think you forgot the /s at the end.....
2
Apr 5, 2025, 10:48 AM
|
|
Seriously, I thought that was sarcasm.
|
|
|
|
|
|
Orange Blooded [2576]
TigerPulse: 100%
32
|
Re:Y'all are so lost.***
Apr 5, 2025, 11:35 AM
|
|
|
|
|
|
|
|
Clemson Conqueror [12076]
TigerPulse: 97%
46
Posts: 12577
Joined: 2003
|
Re: Dont check your 401K or portfolio today.
1
7
7
Apr 5, 2025, 10:01 AM
|
|
A retired person should never have money parked in equities they will need in the short term.
Educate yourself and you will see that Trump is playing the long game. He willing to accept short term pain in the markets for long term prosperity.
|
|
|
|
|
|
Top TigerNet [30372]
TigerPulse: 100%
55
Posts: 22425
Joined: 2007
|
Re: Dont check your 401K or portfolio today.
5
5
Apr 5, 2025, 10:20 AM
|
|
As a retiree, it doesn't bother me at all because I planned ahead. Remember the Great Depression was caused by Wall Street and they are again screaming that that the sky is falling because they can't make the millions that they are accustomed to.
|
|
|
|
|
|
Starter [278]
TigerPulse: 96%
14
|
Re: Dont check your 401K or portfolio today.
1
Apr 5, 2025, 3:54 PM
[ in reply to Re: Dont check your 401K or portfolio today. ] |
|
We cannot pour water on a factory seed and have it ready to rock next week. Your short term stuff is years out, how you gonna fair in the meantime. Not to mention workers.
|
|
|
|
|
|
Orange Blooded [2291]
TigerPulse: 100%
32
|
I'm a relatively recent retiree. Soapbox and TL/DR warning.
2
Apr 5, 2025, 10:32 AM
|
|
People tend to forget conventional wisdom at times like this, or they never follow it. Conventional wisdom, to me, means having a diverse portfolio with an asset allocation that is appropriate for your age and risk tolerance. It means long term investing, and knowing that trying to time the market will rarely work.
I have no idea when the market will bounce back or if some good will come out of all this tariff stuff. But I've been through at least 3 major downturns in my life and so far it has come back each time.
This is the first downturn I've experienced as a retiree, but I'll weather it because as I aged I gradually shifted my asset allocation to more conservative things, including a good chunk of cash currently. I didn't abandon equities...that's money I'll live on 5-10 years from now...but I can go for years without having to touch that.
If you're still working, especially the younger you are, in the long run, this is really a buying opportunity, IMHO.
Although I'm not a market timer, I do believe if you're retired, this is a good opportunity to convert some of your traditional IRA/401k into a Roth, assuming you have some cash to cover the taxes.
Now get off my lawn!
|
|
|
|
|
|
Starter [266]
TigerPulse: 70%
14
|
Re: I'm a relatively recent retiree. Soapbox and TL/DR warning.
Apr 5, 2025, 3:25 PM
|
|
You mean the last group of Republican tariffs? Smoot hawley Trump cares only about himself
|
|
|
|
|
|
Solid Orange [1371]
TigerPulse: 92%
28
|
Re: Dont check your 401K or portfolio today.
1
Apr 5, 2025, 10:40 AM
|
|
Then you should know to buy on the dip.
|
|
|
|
|
|
Clemson Conqueror [11343]
TigerPulse: 100%
46
|
Re: Dont check your 401K or portfolio today.
3
Apr 5, 2025, 10:59 AM
|
|
One of the worst in history? That tells me you aren’t a history major. We have had over 50 times losses of 10% or more and 15 times losses of 25% or more. Every time the market has bounced back over the next few months, sometime it took a couple of years. But it will be back. Only losses are the one you sell.
|
|
|
|
|
|
1st Rounder [608]
TigerPulse: 100%
21
|
Re: Dont check your 401K or portfolio today.
1
Apr 5, 2025, 11:16 AM
|
|
"Worst in ..." seems to be the go to phrase these days..."Worst wildfire in a century"... "Generational flooding"... "Greatest stock decline ever." This too shall pass!
|
|
|
|
|
|
All-TigerNet [5911]
TigerPulse: 100%
39
|
Youre right. None of those are actual facts.
1
Apr 5, 2025, 12:18 PM
|
|
Some say that was the most successful first month in presidential history.
|
|
|
|
|
|
Solid Orange [1303]
TigerPulse: 100%
28
|
Re: Dont check your 401K or portfolio today.
Apr 5, 2025, 11:47 AM
|
|
Typical melodramatic left wing exaggeration.
|
|
|
|
|
|
TigerNet Champion [120278]
TigerPulse: 100%
65
Posts: 77359
Joined: 2003
|
Re: Dont check your 401K or portfolio today.
Apr 5, 2025, 11:54 AM
|
|
If you voted to "own the libs:, but instead lost your retirement savings, you deserved what you got.
Thoughts and prayers
|
|
|
|
|
|
CU Medallion [20962]
TigerPulse: 100%
52
|
There's a scarcity, not absence, but
1
Apr 5, 2025, 12:12 PM
|
|
Definitely a scarcity of real thought in this thread. A political rant, regardless of affiliation, resolves nothing, but does reinforce a lack of understanding what brought us to this point. Don't be linear...and don't think this just popped up in the past administration or three (just picking a number).
|
|
|
|
|
|
Solid Orange [1303]
TigerPulse: 100%
28
|
Re: There's a scarcity, not absence, but
1
Apr 5, 2025, 12:37 PM
|
|
The OP deserves less real thought than it elicited, however much.
|
|
|
|
|
|
Orange Blooded [2291]
TigerPulse: 100%
32
|
I would argue that if you lost your retirement savings
2
Apr 5, 2025, 12:27 PM
[ in reply to Re: Dont check your 401K or portfolio today. ] |
|
you made your own terrible mistakes that had nothing to do with who you voted for.
See above post (not poast, because I'm being super serial).
|
|
|
|
|
|
TigerNet Champion [120278]
TigerPulse: 100%
65
Posts: 77359
Joined: 2003
|
Re: I would argue that if you lost your retirement savings
2
Apr 6, 2025, 1:57 AM
|
|
Well most people are illiterate about the markets and how the economy functions on a basic level. They have 401ks, or Pension Funds they can not touch and they pay fees that add over time, only to potentially be forced into an early retirement and have to draw from it when the markets take a 30-40% hit. That is where we are headed, Monday will be an even bigger bloodbath. People nearing retirement age are going to get hurt. I hope I am wrong about this
But we were told well before the election that Trump wanted across-the-board tariffs, and he delivered. Between gambling with our GDP, and using America's full faith and credit as collateral to bring people to the negotiating table, he is playing a dangerous game with our livelihoods. Those who do not actively trade, or have a money manager, and are stuck with their 401k and pension funds drying up, there is little they can
And to repeat, anyone who intends harm others as a motive for voting for the POTUS, I am not gonna feel so bad when we have been warning about this since the summer.
|
|
|
|
|
|
Associate AD [1061]
TigerPulse: 76%
25
|
Re: I would argue that if you lost your retirement savings
Apr 6, 2025, 1:01 PM
|
|
Back in 2007 or 2008, he was quoted as saying the market crash and recession were good for people like him, because he could buy up all the real estate cheap. He just didn't have the money he claimed to have. I fully believe that's part of his play now. The rest has something to do with elevating crypto. Whatever it is, you can bet he's doing it to line his own pockets.
|
|
|
|
|
|
Orange Blooded [2291]
TigerPulse: 100%
32
|
Re: I would argue that if you lost your retirement savings
Apr 6, 2025, 1:08 PM
[ in reply to Re: I would argue that if you lost your retirement savings ] |
|
Just to be clear, my comments were completely agnostic with respect to politics. I didn't even realize when I first made them that this was on the politics board.
I'll agree with you that a lot of people (maybe most?) are woefully ignorant about how to handle money. Which is sad, because I honestly don't believe it's that hard. The information is easily accessible and not really that complicated.
Yes, current retirees who have all their money in a stock fund are going to feel pain. But hopefully some people will learn from the experience...the younger the better.
|
|
|
|
|
|
Game Changer [1869]
TigerPulse: 84%
31
|
|
|
|
|
|
110%er [3666]
TigerPulse: 100%
35
|
Re: Dont check your 401K or portfolio today.
Apr 5, 2025, 1:25 PM
|
|
Wouldn’t vote Democrat if it dropped to zero.
|
|
|
|
|
|
Game Changer [1825]
TigerPulse: 96%
31
|
This a peak MAGA post.
Apr 5, 2025, 8:52 PM
|
|
MAGA would rather end up under a bridge than criticize Trump.
|
|
|
|
|
|
Ultimate Tiger [33433]
TigerPulse: 100%
56
|
Re: Dont check your 401K or portfolio today.
2
Apr 5, 2025, 1:34 PM
|
|
I am buying! Stocks on sale, baby. Then when the market goes up, you own a bunch more.
|
|
|
|
|
|
Orange Blooded [2544]
TigerPulse: 100%
32
|
Re: Dont check your 401K or portfolio today.
Apr 5, 2025, 3:07 PM
|
|
Remember, you dont lose a dang cent unless you sell, so hopefully most can hang on. Dollar weighted investments ae king, and will drive growth over the long run….
|
|
|
|
|
|
Dynasty Maker [3306]
TigerPulse: 100%
34
|
^^^ This is the right advice to take!
Apr 5, 2025, 5:19 PM
[ in reply to Re: Dont check your 401K or portfolio today. ] |
|
Buy low. You have more purchasing power when stocks go down. Assuming your 401k is not filled with junk, it will rebound and if you buy more at lower prices your return will be that much higher.
|
|
|
|
|
|
Mascot [27]
TigerPulse: 42%
3
|
Re: Dont check your 401K or portfolio today.
1
Apr 5, 2025, 3:14 PM
|
|
I imagine some of you retirees are beginning to sweat with the beating your investments are taking.
One of the worst stock market crashes in history ( we know Trump loves making history ).
So when do we get great again?
All this owning the Libs has been so good my peanut heart but not my portfolio!
Man you are correct!
I just retired a year and half ago and my 401k has taken a beaten after this tariff BS.
Nothing pisses me off more as this is so unnecessary.
I worked hard for my retirement and want every penny I earned.
|
|
|
|
|
|
Mascot [27]
TigerPulse: 42%
3
|
Re: Dont check your 401K or portfolio today.
1
Apr 5, 2025, 3:16 PM
|
|
We all know people who still support him are stupid or just plain dumb.
They voted for him for lower prices and more money in their 401k.
Neither has happened.
|
|
|
|
|
|
All-In [10111]
TigerPulse: 100%
45
|
Re: Dont check your 401K or portfolio today.
2
Apr 5, 2025, 3:35 PM
|
|
Don't care....maybe you boomers shouldn't invest in corporations that have their products made with slave labor overseas
|
|
|
|
|
|
Standout [217]
TigerPulse: 99%
13
|
Re: Dont check your 401K or portfolio today.
Apr 5, 2025, 3:38 PM
|
|
It's not about timing the market it's time in the market. Remember when blue states wanted to shut everything down and stay shut down? Over night stocks were halved.
Don't put all your eggs in one basket, that includes retirement equity only in stocks.
It's never as good or bad as politicians or talking heads say it is.
Any market that is this sensitive to every change in policy is distorted and due for correction.
We've all been feeling economic pain for a long time now. Thank all of the politicians for that.
|
|
|
|
|
|
Clemson Icon [26123]
TigerPulse: 100%
54
|
Re: Dont check your 401K or portfolio today.
Apr 5, 2025, 3:51 PM
|
|
Oh but but orange man bad 🤣🤣🤣
|
|
|
|
|
|
All-TigerNet [6032]
TigerPulse: 88%
39
|
Re: Dont check your 401K or portfolio today.
1
Apr 5, 2025, 3:43 PM
|
|
Always get a kick out of folks who check their 401k everyday. My goodness yall must have freaked out during the 1st term of Hussein Obama years
|
|
|
|
|
|
110%er [3827]
TigerPulse: 100%
35
|
Re: Dont check your 401K or portfolio today.
Apr 5, 2025, 3:46 PM
|
|
^^^^^^^ racist 🤡🤡
|
|
|
|
|
|
Clemson Icon [26123]
TigerPulse: 100%
54
|
|
|
|
|
|
Associate AD [1061]
TigerPulse: 76%
25
|
Re: Dont check your 401K or portfolio today.
Apr 6, 2025, 12:28 AM
[ in reply to Re: Dont check your 401K or portfolio today. ] |
|
Were you too young to know what was going one when Obama was president? The Dow steadily increased for almost all of his two terms, with a small correction and flat period in 2015-2016. His first term started Jan 20, 2009 in case you are mixed up on dates and think the mortgage crisis happened under him instead of Bush.
|
|
|
|
|
|
Dynasty Maker [3306]
TigerPulse: 100%
34
|
This is the perfect time to buy more stock.
Apr 5, 2025, 5:16 PM
|
|
Prices are down and value will go up.
And the market did much worse in June of '22. We have a long way to go to match that drop... Of course this is from my own 401k and I don't speak for anyone else.
Go Tigers!
|
|
|
|
|
|
Associate AD [1061]
TigerPulse: 76%
25
|
Re: This is the perfect time to buy more stock.
1
Apr 6, 2025, 12:43 AM
|
|
What is DJIA down now? 15%. It will probably be worse than 2022 by close on Monday. In 2022, the dow was down 20% from the peak for about a week. This is looking to be a lot worse, if it was being caused by anything fundamental in the business and not by a syphilitic old man in soiled diapers.
|
|
|
|
|
|
Solid Orange [1362]
TigerPulse: 100%
28
|
Re: Dont check your 401K or portfolio today.
Apr 5, 2025, 5:58 PM
|
|
I’m not worried. God is not surprised by this, just like the 2020 election. HE is not going to let me stave. Yes, I’m a retiree.
|
|
|
|
|
|
Game Changer [1825]
TigerPulse: 96%
31
|
Trump campaigned on an awful economic policy
Apr 5, 2025, 8:44 PM
|
|
(although he spun it so MAGA loved it per usual), which is why I cashed out a significant chunk before he was inaugurated. It was clear between his policies and his stupidity he would tank the economy, it was very obvious to anyone with any sense. Hopefully you prepared accordingly, we are just beginning.
|
|
|
|
|
|
Asst Coach [872]
TigerPulse: 99%
23
|
Re: Trump campaigned on an awful economic policy
Apr 5, 2025, 9:00 PM
|
|
You cashed out a significant chunk of your 401k? 🤣🤣🤣
What an idiot! You paid nearly a 38% fee for early withdrawal? 🤣🤣🤣
|
|
|
|
|
|
Associate AD [1061]
TigerPulse: 76%
25
|
Re: Trump campaigned on an awful economic policy
Apr 6, 2025, 12:45 AM
|
|
He means he converted it to fixed income and bonds.
|
|
|
|
|
|
Game Changer [1825]
TigerPulse: 96%
31
|
|
|
|
|
|
Starter [278]
TigerPulse: 96%
14
|
Re: Trump campaigned on an awful economic policy
Apr 6, 2025, 11:14 AM
[ in reply to Re: Trump campaigned on an awful economic policy ] |
|
My plan has options , like stock/bond and interest,30 total with 2 being interest. So one can cash out so to speak and still be inside the 401k.
|
|
|
|
|
|
Associate AD [1061]
TigerPulse: 76%
25
|
Re: Trump campaigned on an awful economic policy
Apr 6, 2025, 11:50 AM
|
|
We've always had a fixed income option that never loses principal. A couple bond fund options. I was at a 60/40 ratio of fixed income to equities in January, but the fixed income has done so well that the ratio is now 65/35. Thanks to the orange god-emperor.
|
|
|
|
|
|
All-Pro [781]
TigerPulse: 93%
22
|
Re: Dont check your 401K or portfolio today.
Apr 5, 2025, 8:58 PM
|
|
Still at 98% GDP. That seems a little over cooked ya think? I guess you just want to print more money like Joe did instead of fixing the problem.
|
|
|
|
|
|
Replies: 96
| visibility 10113
|
|
|
50
