he’d have to find an illegal way to can Powell and all the fed chairs. There’s no way unless a massive recession happens that we can cut rates after these tariffs hit the CPI/PCE.
my 69 yo retired parents definitely contemplating it, I had them pretty defensively oriented and their nest egg is big enough they can weather it but it is stressing them out
i'm not selling anything but i'm seriously considering putting my $ in short term treasuries going forward. i just cant take the day to day bullshit that this administration is doing.
im letting my cash reserves build up instead of using my normal thresholds to put it into brokerage, will let 401k go as usual im betraying bogle but we're in unique times
I’m gonna keep investing retirement normally but otherwise saving everything in CDs beyond the yearly limits. I save enough through retirement in totality that I don’t need to be fucking with this bullshit in a brokerage where it’ll just make me more mad.
Same. I've been planning to do this anyways but wish the timing were better, I'd love to be buying more in my brokerage right now.
I already invest in real estate but just gonna keep doing that as a hedge to this insanity probably to a greater degree
I know the trump team is dumb as hell but I don't think even they realize that due to the corrupt nature of how he operates and the chaotic nature of decision making day to day everyone's just going to sit on their hands as much as possible thinking tomorrow it can change Buying just going to flatline. Who is buying durables if you have the option to wait.
At this point I feel like heightened rates have done all they are going to do and if anything they have been possibly inflationary if anything with boomers/wealthy spending propping up the economy
Tomorrow seems like a good day for a dead cat bounce (if you want to potentially make some quick money in a personal brokerage account), but I’m not smarter than the market.
I told myself this morning that I wasn't going to look at my brokerage today, but that only lasted until lunch. This is so fun.
Catching up on thread but ftr Bogling but taking a pause when there’s an uncertain future is not bogling.
Yep. There does come a point, like now, where it’s reasonable to ask if the data we rely on for our strategies is relevant given a party actively destroying the safety rails of the country (and, subsequently, the environment in which that data was gathered), but then again, the bogle, and bogle adjacent, strategy is the best one we have. My retirement accounts and deductions are unchanged, and I’ll continue to go the course for better or worse, but it’s not the same for my brokerage account. In the larger picture of my finances, I’m holding more cash and CDs than I normally would so as to navigate any future uncertainty (and to hold on to my stock positions for as long as possible).
I’m still contributing to my 401k and retirement like normal, but I cashed out my personal brokerage stuff last Wednesday.
To be clear I'm making a very small adjustment But also yeah America ain't always going to walk out from trying to kill itself
I usually invest excess funds when I hit x taking a breather and letting it get to 3x or 4x this time around
I’m sure you’ve read it, or heard similar sentiment, but it reminds me of what JL Collins wrote in The Simple Path to Wealth when talking about having sufficient cash/emergency fund. “I may not have owned a Mercedes, but I owned my freedom. Freedom to choose when to leave a job, and freedom from worry when the choice wasn’t mine.” That quote always stuck with me.
boiling it down to this is very silly there's real objective bad things happening! not emotional! institutions are broken and inoperable!
Congress being non functioning allowing a president to wage the biggest trade war in a century unilaterally using barely functioning AI to do the work?
the Strong argument is that the US has all time plot armor and we always come out of these things in a reasonable time frame and luck into huge success regardless of what stupidity we engage in our institutions have been shredded and are all time weak currently so maybe the luck wins out, maybe it doesn't and we have a truly lost decade or more like many falling empires have
To be fair, I didn’t read what he said as he is selling, or not continuing to buy. Just that he is buying less (likely in his non-tax sheltered brokerage account) and padding his security net. I think that’s a reasonable approach if it keeps him from selling early.
Last time we had tariffs near this level the depression only lasted 10 years and I’ve been told it was great.
Let’s the markets digest “liberation day.” Unless you’re retiring tomorrow there’s historically no reason to not continue the tried and true way that’s been applied over decades. Trying to justify emotions through a microscopic lense is one’s prerogative. I choose to take advantage of this and not freak out or go all doom and gloom
We’ve got some investments with Edward Jones. Nothing big, nothing risky. It’s losing money every day. Should we pull it out and hold onto it until things start trending up? edit: we’re new to this. Was up to $13k, it’s down to $10k Mutual Funds
Cash it all out and close the account with Edward jones. Move it to vanguard/fidelity/schwab. Put it in a low-cost total stock market index fund assuming you don’t actually need the money for a long time. Then stop checking the balance and let it go.