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Stock Market Crashing & Anemic Job Growth - What don't you get about Tariffs?

maxparrish

maxparrish

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Just a few days ago Trumpers were crowing about Tarriff's having no detectable effects...48 hours later, well:

1754072926972.webp

I'll leave to those who track "foot in mouth" claims to remind of who they were...
 
Greenbeard said:
Bad inflation numbers, fire Powell. Bad jobs numbers, fire the BLS commissioner. Just like on his game show.

Problems solved!
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TRUMP'S time hosting THE APPRENTICE has served both HIM and OUR NATION WELL!

MAGA.
 
maxparrish said:
Just a few days ago Trumpers were crowing
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I could, if I felt like it, revisit an early thread where Trumpers were positively aglow and mocking the rest of us with how Trump is getting things done.
But I can't be bothered because even if I reminded some of them of their earlier words, they would use deflection and whataboutisms to change the subject.
BitterPill said:
TRUMP'S time hosting THE APPRENTICE has served both HIM and OUR NATION WELL!
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Except he never fired himself ;)
 
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Too much labor relative to available jobs?

Guess we don't need those illegal immigrants any longer.
 
S and p up 2.4% for that week!

****ing good news for anyone invested in the market.
 
There was another thread about the terrible stock market started on a particularly down day, but I couldn't find it. I did, however, take a look at some of my investments. My "play money" (I'm not much of a gambler, so I have a relatively small account that is pure stock that I consider play money as I can afford to lose it all and I don't every add to it more than I can afford to lose) is up at 22% for the past 12 months.
My retirement account is up 11% for the preceding 12 months (I haven't looked at year to date, I probably should, to be fair).
I'm an extremely conservative investor (much to the chagrin of my financial advisors), so I'm sure I've missed out on some bigger "ups". But so far, for me personally, the claims of doom and gloom of the stock market and retirement plans is not coming true for me.

There is always time, so I understand. But today, a relatively "good day", all is well in my investment world.
 
There are always ups and down. People get caught up in them to push their political agenda.

Conservative investing is ok but if you're investment horizon is more than 5 years, you're probably hurting yourself. Of course, if you're rich enough to run out the clock then more power to you and keep it conservative.

Boots said:
There was another thread about the terrible stock market started on a particularly down day, but I couldn't find it. I did, however, take a look at some of my investments. My "play money" (I'm not much of a gambler, so I have a relatively small account that is pure stock that I consider play money as I can afford to lose it all and I don't every add to it more than I can afford to lose) is up at 22% for the past 12 months.
My retirement account is up 11% for the preceding 12 months (I haven't looked at year to date, I probably should, to be fair).
I'm an extremely conservative investor (much to the chagrin of my financial advisors), so I'm sure I've missed out on some bigger "ups". But so far, for me personally, the claims of doom and gloom of the stock market and retirement plans is not coming true for me.

There is always time, so I understand. But today, a relatively "good day", all is well in my investment world.
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TobyOne said:
There are always ups and down. People get caught up in them to push their political agenda.

Conservative investing is ok but if you're investment horizon is more than 5 years, you're probably hurting yourself. Of course, if you're rich enough to run out the clock then more power to you and keep it conservative.
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I don’t really know what rich is. But my needs are fairly small as I don’t live large, so Im comfortable. Do I have less than I could have if I invested more aggressively? Sure. But I first invested in the market on August 11, 2001. So I know I could have less as well.
 
That's a good point. When you look at the roughly 12 year period after 2000, the s&p took you on a road to nowhere (dot com bust and housing crisis). If you held all through that period, which is what most retirement investors do, you got nothing. Close to retirement or during retirement you have to mitigate that risk. Bonds, CDs or other fixed income assets like annuities apply - but obviously don't expect high returns.

Boots said:
I don’t really know what rich is. But my needs are fairly small as I don’t live large, so Im comfortable. Do I have less than I could have if I invested more aggressively? Sure. But I first invested in the market on August 11, 2001. So I know I could have less as well.
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TobyOne said:
That's a good point. When you look at the roughly 12 year period after 2000, the s&p took you on a road to nowhere (dot com bust and housing crisis). If you held all through that period, which is what most retirement investors do, you got nothing. Close to retirement or during retirement you have to mitigate that risk. Bonds, CDs or other fixed income assets like annuities apply - but don't expect high returns.
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Yup just reorganized all my assets so hopefully mitigate the chaos of Tariff man a bit.
 
TobyOne said:
That's a good point. When you look at the roughly 12 year period after 2000, the s&p took you on a road to nowhere (dot com bust and housing crisis). If you held all through that period, which is what most retirement investors do, you got nothing. Close to retirement or during retirement you have to mitigate that risk. Bonds, CDs or other fixed income assets like annuities apply - but obviously don't expect high returns.
Click to expand...
Prior to my dip into the market I was yelled at about everyone that knew better that I had too much in a 4% savings account. After 9/11 that 4% savings account looked great. Luckily I didn't put it all on red. I also held long enough to mitigate. I did have a stock broker who was "taking advantage of the sideways market". When I filed my taxes the following year and saw all the short term capital gains I had to pay taxes on I learned my lesson and dumped him. Now, it's fairly long term on even my stocks. I don't panic dump. And I definitely mitigate with a lot of bonds, cd's, etc. As I said, my needs are small, I don't need to be the one that makes a killing in the crypto currency market as the potential volatility of that market makes me too nervous to enjoy the probably upside.

Just to give an idea, when I used to play the slots (very rare, but the occasional trip to the casino was fun) I was the one with two buckets...one for my "starter" money and one for my winnings. This was back when you got actual quarters as winnings. I always tracked what I was spending and made sure to make my money back and only gamble with my winnings. I work too hard for my money to spend it on gambling. I feel the same way about the markets. I only play with what I can stomach to lose, so that is mostly house money that I play with.
 
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