I didnt have much to begin with only lost about 12k, I have nothing anyway. My mother lost roughly 100k in her retirement fund from all this crashing. My grandmother even more. How much have you lost in Trump’s Tantrum Tariffs game?

  • LH0ezVT@sh.itjust.works
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    3 days ago

    I’ve sold most of my international/US-biased stocks, only keep a few, plus some local company that I know is doing pretty OK.

    I replaced it with mostly high-security stuff like the bank savings account or European central bank rate coupled stuff. So I guess I am losing the potential interest?

    I am still not sure when to “buy the drop”. I bet that (sadly), the US administration will do more bullshit before it gets better.

    • andrewta@lemmy.world
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      5 hours ago

      Yeah, that’s what I did with my 401(k) put into a money market. It’s been there for a while now and after I moved it, the markets have only dropped. Could it in theory come back before I have a chance to buy back in, yeah, that is possibility but at least I still have the money that I moved from the normal investments over to a money market account. At least I didn’t go negative on that.

      Even if I bought back in right this moment, I would still have saved the severe droppings of the last week and a half. Only is I don’t know if we’re still going down yet and how far. I do believe we are still going in the downward motion I think it’s coming back yet. Yeah it’s pretty much gambling on my money, but I honestly believe that this is the better option.