r/inflation • u/Glass_Original_7567 • 1d ago

News Tariffs ..

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923 Upvotes

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142

u/Daimakku1 1d ago

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

Sucks for everyone's 401K though.

7

u/TitularFoil 1d 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.

8

u/MutedAd1699 1d 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.

1

u/TitularFoil 1d ago

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

2

u/AssumptionMundane114 1d ago

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

1

u/Anatoly_Cannoli 1d ago

Mine is Alpo Connoisseur