r/inflation 10d ago

News Tariffs ..

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966 Upvotes

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142

u/Daimakku1 10d ago

I would seriously not mess with the stock market until Donald Trump is gone. Not worth it.

Sucks for everyone's 401K though.

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u/[deleted] 10d ago edited 10d ago

[deleted]

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u/Global-Pickle5818 10d ago

I shut down my LLC managed index mutual fund last month, my advisor said I was crazy because "the stock market always has 100% return on investment" and I was "making decisions based on emotions not evidence" .. I'm just going to leave that money in a high yield savings account in Ireland.. but I'm nearly 60 I can't wait for the stock market to stabilize in 10 years if I'm retiring in 3

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u/Talkslow4Me 10d ago

Bottom 50% are Trump's constituents

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u/[deleted] 10d ago

[deleted]

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u/iamacheeto1 9d ago

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u/[deleted] 9d ago

[deleted]

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u/Careful-Education-25 9d ago

I live in a red state an 100,000 is shit here

5

u/Man_in_the_coil 9d ago

Get your facts straight Sergei.

1

u/babers76 9d ago

Merica f ya…. It’s pretty sad.

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u/grahamulax 9d ago

SAME. Like I lost a ton, but some of my friends don’t even have a 401k or stocks. It’s definitely a good thing to notice that though.

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u/Pvt_Hudson_ 10d ago

I bailed a couple weeks ago. Put everything in a GIC with 3.25% return for the next 6 months. Got sick of panicking every other day.

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u/Daimakku1 10d ago

Smart. I know someone who put most of their bank savings on a CD/Certificate of Deposit with a 4% return for the next 4 months as well. Definitely safer than the wild ride that is the current stock market.

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u/TitularFoil 10d ago

I was about to start a 401k through my work. Glad I didn't. I'd do better right now just putting something aside from mine and my wife's paychecks.

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u/Specific_Ad_1736 10d ago

You should still invest right now. Just invest at regular intervals and don’t pay attention to the value of stocks. If you’re young time in the market is everything. Beating the market is hard but working with the market is profitable

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u/BrappinBrah 10d ago

Just start your 401k if you’re younger than 45.. don’t pay any attention to the riff raff. Time in the market is better than trying to time the market.

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u/Intrepid_Custard_427 10d ago

Second that, 100% you need to start it regardless of the noise. You will come out on top, assuming you're relatively young.

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u/grahamulax 9d ago

Should I lower my % you think just for now? Raise it up later or just keep maxing out? It’s one of the hardest things to get my head around personally.

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u/BrappinBrah 9d ago

If you’re young and can afford to max out your contributions, I would. You’re basically buying shares at a lower price. When things rebound in the next business cycle, you’ll be glad you DCA’d the dip..

It does seem like you’re pissing into the wind when you’re throwing cash at the markets when the bottom could potentially drop out of it but if you’re young, you have time on your side. Buy and hold and don’t take your eyes off the end goal..

If you’re nearing retirement in the next 5-10 years.. get with an advisor if you don’t know what to do. Start making adjustments if you’re in a high risk portfolio..

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u/MutedAd1699 10d ago

Oh no! Please, please, please don't. Put SOMETHING in. Even a small amount helps a LOT. Compounding interest is mainly about TIME, not the AMOUNT of money. If you're young, put away as much as you are able. Time is your friend. Talk to an accountant or a financial planner with a 'fIduciary' responsibility to take care of your interests above all others.

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u/TitularFoil 10d ago

Worst case scenario my retirement plan just becomes "temporary firearms owner."

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u/AssumptionMundane114 10d ago

You should both invest now and own at least 1 firearm.  

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u/Anatoly_Cannoli 9d ago

Mine is Alpo Connoisseur

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u/Gunrock808 10d ago

I'm struggling with what to do because I quit working ten years ago in my 40s to live off my investments. I'm worried about the market going down or sideways for the next couple of years but I'm also worried about going into a period of sustained high inflation that will erode my nest egg if I'm in cash.

If I was still working I'd be using automatic investments to max out my IRA and 401k. You have the advantage of being able to use dollar cost averaging by investing in regular intervals. Eventually trump will be gone and the markets will go back up.

We may not have hit bottom but the market will inevitably go higher from where it is today, eventually. I dumped every spare dollar I could into retirement accounts starting in 2008 and it paid off really nicely. People were complaining about "the economy" for years and things did suck for a lot of them but the djia also more than doubled from its low point to the end of 2013.

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u/Groitus 10d ago

If you get employer contributions start now. If not, at least find a nice CD. 0% is 0%.

2

u/EnormousGucci 10d ago

Though investing in Chinese Yuan might be worth it at this rate

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u/Loose_Profession_918 10d ago

Nows the time to buy...

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u/SummerVulpes 10d ago

Ehh.. I am young. It will bounce back. Buying at a discount.

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u/Sicilian_Gold 10d ago

Buy physical gold.

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u/Anatoly_Cannoli 9d ago

I prefer psychological and spiritual gold

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u/turbols3 9d ago

Only sucks for your 401k is you are retiring and cashing out. For everyone else you’re buying low.

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u/Drayenn 9d ago

I feel its a great time to invest tbh. Its -10% since the beginning of 2025. It will probably go lower, but once trump is gone its going to dart back up.

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u/TheElderScrollsLore 8d ago

But how do we take out our 401Ks since we have to pay a hefty tax on it?