2025/04/03 17:27:33
dano
I sold a lot of stock this past month. Not nearly enough, though. 
If you are a long term investor, you should be fine. In fact, if you're young, now might be a good time to start buying shares of the S&P 500 companies.
If you're near retirement, you just have to wait it out and hope for the best. 
If you're a senior living on a fixed income, cost of living is increasing and you already know the yearly SS increases never cover REAL inflation. 
Seniors always seem to be the ones that get punished the most or left out of the equation on fiscal policy.
Hopefully energy bills will start coming down. Trump promised that our utility bills will be cut in half within one year.
2025/04/03 18:09:39
psu_fish
MyWar
psu_fish
I sense alot of saltiness coming from the guy posting during the work day from the company provided truck


How’s your investment portfolio looking today?


Buying more, DCA for life.

Cope/harder
2025/04/03 18:10:32
MyWar
dano

If you're near retirement, you just have to wait it out and hope for the best. 



“Wait it out and hope for the best”

Did I miss this part of trumps 2024 campaign? I don’t recall Trump or any other republicans saying this part out loud?

Sure it’s true that the market always recovers long term. That’s not much consolation to somebody that has lost tens of thousand or maybe even hundreds of thousands of dollars in one day.

And some people do actually lose everything. Some businesses go under and never recover. This kind of volatility is not desirable in any way.
2025/04/03 18:32:49
psu_fish
JEPQ ftw, bunch of other great etfs, stocks, mutuals that will be fine in a bear or bull market. DCA 4ever.

For giggles, I just logged into my Roth IRA. YTD is only -659.54, looks like I can still afford gas, food, retirement.
2025/04/03 18:37:35
crappiefisher
If you are checking how your stocks are doing on a regular basis that's not good for your health and probably shouldn't have any.

Do your work places match dollar for dollar? Mine did and got in right after a crash and lucked out retiring at a good time from there.

Brother in law has around a million invested and was planning on retiring at the end of this year. Bad news for my old lady or our kids 🤑
2025/04/03 19:02:41
psu_fish
I do a regular reoccurring contribution to my Roth, its more set n forget, its totally separate from work retirement plan/account. Who knows if SS will be around when Im of retirement age, but been paying into it for a while now, so if it hangs on, that will be a 3rd retirement revenue stream.
2025/04/03 19:07:01
dano
crappiefisher
If you are checking how your stocks are doing on a regular basis that's not good for your health and probably shouldn't have any.



 I haven't looked at mine today. I'm trying to stay positive. I already know I'm taking a beating. Been there before. 2018, 2020,2022. It does seem a little different this time because this drop is self inflicted and I'm not sure his plan is well planned. 
The market is down but so far it didn't seem to be a lot of volume. If it was huge volume then that would be bad. 
2025/04/03 19:08:44
dano
psu_fish
I do a regular reoccurring contribution to my Roth, its more set n forget, its totally separate from work retirement plan/account. Who knows if SS will be around when Im of retirement age, but been paying into it for a while now, so if it hangs on, that will be a 3rd retirement revenue stream.

Smart being in a Roth. I know many retirees that wished they would have gone that way. 
2025/04/03 19:33:01
Porktown
I saw all of this happening months ago. I pulled early, but those missed gains are beyond made up. It is only funds that I had in my “rainy day/market gambling” fund. My retirement and other are riding it out and down big. It will be another 6-8 months of losses even if the clown were to take away the tariffs. The uncertainty of everything messes up just about every sector’s business plans. He can’t just provide a plan and stick to it. He says one thing and the. Does the opposite. Consumer confidence is extremely low, which drives the economy. 35% recession estimates is half what most analysts would admit. If it is even considered a recession and not depression.
2025/04/03 19:49:25
r3g3
.

Use My Existing Forum Account

Use My Social Media Account