He’s going to delay or cancel the tariffs, nothing will change, and he will claim that Canada backed down and that he wins again. Hopefully.
https://www.investors.com/news/economy/trump-tariffs-mexico-reprieve-canada-china-sp-500/ Trump Tariffs: Big Launch Date Delayed After S&P 500 Falls On High-Risk Plan; China Tariffs Still On
the issue is wall street is acting like they did with Covid, nothing matters until it does though and we saw the sell off then when they finally capitulated that it was going to be a problem.
0 cuts in 2025 unless Trump finds a way to remove Powell. Tariffs and other policies only going to exacerbate inflation. OTOH could be another January report that meant nothing.
Not saying it’s nothing, but shelter being at .4 and owner’s equivalent rent being .3 could be January adjustments. Fuel being up 1.1 with the cold January makes sense and food at home .5 is mostly eggs and beverages. I expect February to be cooler but not a promising report.
finally got around to digging into it basically can choose your own adventure and find a reasonable case for anything. nothing unequivocal in it. onto next month
There was a lot of talk about stagflation over the past 4 years. At the pace this administration is going, we are about to really see stagflation with rising prices and less spending/consumption. G(government spending) is a big variable in the GDP equation. The freezing of these funds and government job cuts is going to take a lot of $ out of the economy that gets passed around benefiting many different businesses and people that aren't directly involved with the grants and jobs. With the multiplier effect, one person's expenditure becomes another person's income. I know there's talks about tax cuts but when will those tax cuts happen and when will that money actually hit the economy? In the meantime, this administration is taking money out of the economy with no replacement of those dollars while causing trade wars with these tarrifs. Anyways...... wtf do I know??? Hail Trump, our divine supreme leader. He will save us, our economy and country. Lol
I have two brokerage accounts with them. The larger one with a lot more transactions got sent today. Had the other weeks ago.
Fidelity didn’t get me mine until 2/8, had to do with trading some foreign ETFs FWIW. Different reporting schedules
Been buying PLTR for 3 years and the only person I can get excited about this with wants a new YSL bag so I will get excited about it with you guys instead
Bought this ostensibly at your behest. Get bold with your trades because you’ll never be broke knowing I owe you commission.
I have this leftover from an old 401k. FXAIX I'm also holding the Fidelity zero funds.... that supposedly have no fees. FNILX & FZROX
How do those work? I thought I saw somewhere that you have to have a certain type of Fidelity account to hold those. Or, would a regular brokerage, or IRA, account with Fidelity still be able to buy those?
time for me to start paying more attention to this thread. have had my own business for about two years now and have just been putting money in my SoFi savings account as it was at 4.5% but I am looking for something more than just savings account. never really dabbled too much in investing as i lack the knowledge there and don’t want to just waste money
Loss leaders for fidelity. They try to lock you in to their brokerage, where eventually you'll buy their other products. Not uncommon for mutual funds to not be transferrable between brokerages though
As Lyrtch mentioned, Bogleheads is a great message board resource. There’s a ton of wiki pages to go through. I would start with the book to get a base understanding. The t really doesn’t take that long to figure it out, and once you figure it out, it’s set it and forget it. Then, you can go down the Bogleheads rabbit hole or into the weeds as much as you want. here’s the book: https://a.co/d/9PebSBW
bogleheads makes me eyes hurt trying to figure it out . im spolied with the easiness of this message board
I do have a couple thousand in VTI i should have prefaced. that is the extent of my investment knowledge and portfolio
With a 4-5% real stock market, I'm 12 years or less from a 3% FIRE number. Seriously considering going to 10% bonds. I count my company cash balance plan as bonds and it is also about 10%. So trying to decide if 20% is too much.
Had no idea this was a thing but for those good people out there https://www.investopedia.com/ask/answers/07/donatestock.asp