Yay, we’re saved! Praise the line! Line must go up!
Good news if you’re rich as shit and knew this was coming! The rest of us, as usual, can go fuck ourselves.
I’m not rich as shit and I didn’t know it was coming but it’s still good news for me too because I’m invested into the stock market as are hundreds of millions of other middle class people.
Right, but you’re just riding the ebbs and flows. The real money is flowing to the people with the inside track. You don’t benefit from instability and chaos. They do, up or down.
Well, you can benefit from the instability if you’ve got the means to buy the dip. In my case, though, whatever’s going on in the world doesn’t really affect my investment strategy - I just keep buying the same amount every single month no matter what.
That’s a smart strategy for long term success, but you’re like an edible straw for the people drinking the milkshake. You’re good as long as there’s more milkshake.
Buying the dip works until it doesn’t.
But a “safe” thing to do? Just continue what you were continuing, if you are able to. The idea is to not say “I can buy some nVidia stock!” and to instead just continue making your contributions and getting your matching from your employer.
Long term… yeah. But if there is a future, that is how you don’t end up up shit creek without a paddle.
I can only think of two ways buying the dip wouldn’t work: one, you over-invest expecting a quick return, but it doesn’t happen and you’re forced to sell at a loss to cover living expenses; or two, the stock market never recovers to its previous level - which has never happened in the history of the stock market.
How did you not know, did you not consult the graph?
It’s only good news for us, though, insofar as we’ve got a 90 reprieve from the whims of said assholes.
Obviously the ultra wealthy can really abuse this.
But if you are in a position where you can put money into a 401k? You will, “benefit” from this because the investment firms using your money are taking advantage of this. Whether you come out better than the massive losses that you have had lighting up your email (because this was the BEST time to turn on all the LLMs to let us know what is happening to our investments and why all these companies are down on a given day…) is questionable but… it is also questionable whether the ultra wealthy are actually benefiting either. Since you tend to not become an 0.1%er without a LOT of investments.
Now, whether there is any form of long term stability is a very different question. Which is kind of “great” for getting across the point that: Either the market will stabilize and your 401k/pension will have value or we are all fucked.
But… why? It’s only a pause and the US consumers are still paying more for no good reason. The situation just went from worst to less horrible and people are buying??
I see we are in full pump mode now, give it a few days and it’ll be dump time
I’m pretty much gonna be out of the market (except 401k) until Trump leaves office. Even without the tariffs Trump and DOGE are gutting agency funds and staff. That’s money effectively set on fire and it won’t be stimulating the economy at all. Eventually that money will get diverted to the rich I’m sure but that doesn’t stimulate the economy nearly as much. Or does anyone think Musk and Bezos will buy millions of steaks or iPads to make up for all the ones that won’t be bought anymore because fewer people can afford them?
Think I’m going to move to investments out of the us. I don’t trust that hyper inflation won’t happen.
Buy the dip!
The dip: 2024-2028.
Just 2000 more points to go to get back to February before he fucked it all up.
Like, I know it’s all a scheme to make rich people richer, but we could have just ridden the Biden wave and stayed stable and had the world mostly continue to value the United States the same way, but instead we threw out all the goodwill built up over decades so some rich fucks can play the market.
I have sold all of my S&P 500 shares and will not return until the Orange Turd stops shitting on the markets.
You sold while it was down?
I sold on the last up.
Looks like we’re back in the “pump” phase, folks. Once shit hits a certain point, you just know he’s going to say something to tank it again…so, be ready to sell.
They don’t even need to do that. Just gather data from certain industries when shortages start happening and you trade before the news.
The prohibitively high tariffs are going down. But there’s still a 30% tariff tax on U.S. consumers for Chinese goods, up from 19% (Trump 1.0/Biden) and 8% (pre-Trump)
Give him about 37 seconds and the 30% tariff will suddenly be 8000%.
I can’t understand why the markets would go up on this news. Didn’t Trump say the tariffs were bringing trillions of dollars into the US?
Because Trump bent the knee instead of retaining an effective embargo on one of their biggest trading partners.
