I didnt have much to begin with only lost about 12k, I have nothing anyway. My mother lost roughly 100k in her retirement fund from all this crashing. My grandmother even more. How much have you lost in Trump’s Tantrum Tariffs game?
I didnt have much to begin with only lost about 12k, I have nothing anyway. My mother lost roughly 100k in her retirement fund from all this crashing. My grandmother even more. How much have you lost in Trump’s Tantrum Tariffs game?
You still lose time, and are now stuck in an unprofitable investment rather than a profitable one. So you are also losing all the value you would have gained had we stayed the course instead of doing this dumb shit. Thats called opportunity cost.
deleted by creator
Look up the stock market around March 2020. Huge dip then rebound to pretty much the same trajectory. As long as you left your stuff to sit, you’re still doing fine. There’s no reason to think the massive rebound would have still occurred without the dip.
I fortuitously moved all my VTI into VTV a couple weeks ago to divest myself of TSLA, and over the past two days have been actively keeping the balance of my 60/40 equities/bonds portfolio by selling a little bit of BND and BNDX to get some more VTV as it sunk. Didn’t need to modify the VXUS portion.
Sure was nice to have those bond portions to assuage the decline.
Trying to beat the market is a waste of time. You’re not stuck in an unprofitable investment unless you’re trying to get rich quick. You invest based on your strategy and value of said investment. It isn’t just because the number goes up and down. Time in the market wins every time. Read the founder of Vanguard’s book on investing.
Ordinarily, yes. But in this case, we’re dealing with a type of risk we don’t usually have to worry about: sovereign risk. It is entirely possible that Trump could be fucking up the country in ways that the market will never come back from because companies just get entirely destroyed or nationalized or who knows what.
In that sort of case, changing your investments – not timing the market, but responding to the potentially permanent difference in circumstances – can make sense.