My retirement has lost more than 3 times what skins has lost since Trump took office. And I couldn’t be happier because I know that we have a President that is doing what is best for the Republic.

Its funny, I as having the same conversation with my moderate coworker. He's panicking, cutting spending, expect the greatest depression. I was telling him, we are already there. Short term pain to fix 40-50 years of policy giving away our industry to foreign countries.

For those of you who are concerned about the tariffs. you can rest easy. I give you the Inverse Cramer.

This guy is never right.

https://x.com/AutismCapital/st.../1907941929175953409

quote:

Originally posted by BigSwede:
The Good, the Bad, and the Ugly
Erick-Woods Erickson

https://ewerickson.substack.co...the-bad-and-the-ugly

Sorry, but this guy is a well known and loudmouth Trump hater

Take anything he says with a big grain of salt.

I am down a LOT more than Jesse but it is only on paper and I am not worried.

The sky is not falling.

I’m no financial genius, but this seems interesting. Thoughts?

https://x.com/americapapabear/...HnwpkH2dRrTCKz3GiiWA

I believe the ability to "refinance" America's debt is a part of this, but as the video indicates, there are secondary and tertiary benefits to the tariffs that supposed experts cannot see or are purposefully keeping to themselves in order to sensationalize the market downturn for clicks and ratings.

Trump has a plan that he has spent several years reviewing with top economists, historians, and business leaders (those he could trust anyways). This is all supposition on my part, but the guy came in with a plan and he is executing it as well as anyone could. This is a masterclass in how to get shit done.

The RINOs and squishy republicans better get on board soon or they are going to look like complete buffoons and risk their seats when he (the President) delivers his "Golden Age of America".

I lost a shit ton of money today (nearly 6 digits). I am retired, but I see the bigger picture and have prepared for this (market downturns are guaranteed and if you are not prepared for them, then you truly have not prepared yourself for or will ever be ready to fully retire).

Shit, I am going to throw some money into the market tomorrow. It will not be much as my plan will not allow for it, but I am going to purchase something (Apple, Nvidia, Nike, whatever). And when it pops, I am going to buy myself something really nice.

My opinion of course...

quote:

Originally posted by 911Boss:


Market has been pretty volatile since since the election, I expect it will remain so for most of this year as things settle from the apple cart and money changer tables being flipped over.

I say this as a fairly new retiree, concerning but more concerned for the country than myself

I love this quote. Especially the last sentence.

I'm comforted this is the right move when I see schumer, jeffries, and coons spewing that the sky is falling.

quote:

Originally posted by bozman:

I lost a shit ton of money today (nearly 6 digits). I am retired, but I see the bigger picture and have prepared for this (market downturns are guaranteed and if you are not prepared for them, then you truly have not prepared yourself for or will ever be ready to fully retire).

I am in your boat (the mix in my Fed TSP and retirement-job Fidelity 403b are both heavy in stocks).

I haven't even looked at the numbers in the past two days. It's not that I don't care, it's that it doesn't matter. I'm confident that the "long game" will be fine.

I bought some Thursday and I’ll buy more today. I have many years as a time horizon

Go back 5 years to a week or 2 before covid lockdowns the market was in free fall. I was buying everything I could afford then. If you recall oil was actually priced negatively in the market for a brief period. I’m up so much on those spring 2020 investments it’s embarrassing. If you need the money next month probly not ideal to have it in the stock market. If you’re 40 and you got a 30 year mortgage and kids to support for 20 more years, Call HR and increase your 401k paycheck percentage .

Remember Warren Buffet. “Buy when others are fearful”.

quote:

Originally posted by parabellum:
For those of you who are concerned about the tariffs. you can rest easy. I give you the Inverse Cramer.

This guy is never right.

Seriously, how does this guy stay on the air? I am sure CNBC, MSNBC or CNN, or whomever, is paying him some shiny coin for his bombastic act, but it wore thin a good 20 years ago.



.

quote:

Originally posted by Skins2881:
If we are suggesting videos on the subject, here's one on the subject.

I'm sorry, but Ben Shapiro is a clown.

quote:

Originally posted by PASig:

quote:

Originally posted by BigSwede:
The Good, the Bad, and the Ugly
Erick-Woods Erickson

https://ewerickson.substack.co...the-bad-and-the-ugly

Sorry, but this guy is a well known and loudmouth Trump hater

Take anything he says with a big grain of salt.

I'm aware, so was a good bit of President Trumps current cabinet. He has come around like the others. He gives me a fair alternate view on some things which you will not get from CNN and the like



I will also be buying more stock/mutual funds today today

The impact that tariffs may be having on the market is but a sign of the advantages we've been deriving from near slave labor while accepting subpar quality, reliability and safety.

It's the market saying - okay, you've derived your benefits ahead of fair costs. Now you need to pay for some of the costs due.

Exec's treat a head as a head - off shore resources to India or whatever. We all know that a head is not a head. Who and where the head is matters.

Perhaps now we'll realize a widget is not just a widget. Where and how the widget is made matters.

Just need to tighten the belts a bit during the startup / investment phase.

ETA: this is just my personal view, which may be entirely wrong.

Worth the time to watch this.

Vietnam exports to the US 10 times what they import from us. That's a no-brainer for them. Minimal loss of tariff revenue vs. favorable trade status with the country that butters their bread.