Retirees 'stunned' as market turmoil over tariffs shrinks their 401(k)s

[Into the Night]

...yet. Pedo Don is working on it though.

You can't blame the current economic depression on Trump! It was caused by Democrats. Trump is working to finally end it.

 

[Into the Night]

...yet. Pedo Don is working on it though.

You can't blame the current economic depression on Trump! It was caused by Democrats. Trump is working to finally end it.

 

[IBDaMann]

And remember NOT all the repercussions from these tariffs have been felt yet.

No shit, genius. The primary intended repercussion and the ultimate objective is to eliminate the need for any income tax, and thus to eliminate the income tax altogether, and then eliminate the IRS, replacing it with the ERS.

Pay attention.

 

[IBDaMann]

Come back in a month or so IF Trump keeps the tariffs on and see how things are going.

No need to wait. Start paying attention right now. Countries are pouring out of the woodwork to negotiate reductions in tariffs, to the benefit of the US. The future is looking bright.

 

[EdwinA]

I left the market 2 months ago

Yes, they eventually pass around enough vids of habitual shoplifters and purse snatchers to make you and your peers have to change markets. I believe you on this.

 

[EdwinA]

Your ignorance is showing. Trading platforms are important to trade.

Yeah, cuz that's what I said! lol you're retarded and desperate, too stupid to make any sense.

 

[EdwinA]

If you own stocks, your portfolio didn't gain 20% this last week like you claimed.

You wouldn't know. Stick to dumpster diving, it's all you can handle.

 

[EdwinA]

Not completely unreasonable, but sometimes stocks pay dividends as they die, and I would not buy options based on the underlying stocks dividends, because options do not pay dividends, so it does not directly translate.

I was going to just buy two broad stock mutual fund, one domestic, the other foreign, and a little in bonds(specifically Treasury obligations). I picked Schwab's SWTSX (70%), SWISX(20%), and SCOXX(10%). 90/10 split is aggressive, but I found that in the lead up to huge stock crashes, usually the price of stocks goes up, and therefore the amount of money in bonds goes up. When the stocks crash, even if it is much more than 50%, it only becomes 50% because of the 10% in bonds.

I don't like bonds, since I can usually play the stocks and get better returns long term. Some of the so-called junk bonds did well, though, but not many.

I was going to ride that simply strategy for the rest of my life, and then trump came along.


Want to know the secret to making money off a bubble or even a ponzi scheme? Take half your gains and put them in a relatively safe investment. Right now, I could have all my options lose everything, and I would still be up massively from when trump started this all.

Little people make the most from buying at lows during crashes, before the auto-trading adjusts and drives prices up again. When the AI fad slows down, more money will get dispersed to other sectors and there will be a general price rise, especially for those dividend payers with realistic P/E ratios and conservative management. I do very well just on selling options on a percentage of stocks I already own.

Energy stocks have a lot of volatility, but they always sooner or later have the biggest gains outside the Silly Con Valley scams and don't tend to disappear altogether like tech scams do. Some are already ridiculously low, and my guess they will fall some more in the coming week. If not, there are still some really decent buys out there at current prices. I stick with what I know, mostly local and regional companies and execs.. I retired 6 years ago and have a lot more time to spend on watching the markets all day, including foreign markets, especially the Singapore boards for hints.

 

[Neoclitorus]

I miss TD Ameritrade. I was a "preferred customer" at TD Ameritrade, but at Schwab I am just a normal customer.

I do sometimes use ThinkOrSwim, but many times find it overwhelming on my cell phone, so many times use just the regular Schwab App. I tried trading on Robinhood, but hated it. The Schwab App has option chains, which is the basic thing you need. Honestly, I am still trying to learn ThinkOrSwim on the cell phone. I never thought I would be trading options on a cell phone, and it is an adjustment.


I have been doing the simplest puts and calls, mostly puts, and making good money. The secret is to always realize you could lose it all at any time, and put some of the money away.

That being said, back in the day I did various spreads, and even a few long iron condors.

A few years back, I thought I would quit options trading for good, but then trump came along, and I am back.

is all this effort profitting humanity?

you're just a gambler.

stocks enable parasitism.

 

[Neoclitorus]

That was probably smart.

The scary thing is you can never completely leave all the markets. You always need to park your money somewhere. For instance, you could have your money in short term Treasurys, which would normally be considered the safest thing on Earth... But trump loves defaulting on things, and even though it should be impossible to default.

That literally keeps me up at night.

so detached and globalistically dumb.

 

[Neoclitorus]

LOL. You claimed no one got rich buying and holding stocks. It seems you don't know much about Warren Buffet let alone how many people he has made rich by buying and holding stocks.

you don't make any money until you sell.

when are you gonna sell?

and will everyone else be selling?

what does a rush for the exit look like?

 

[Cypress]

Imagine a person working where there is a mandatory retirement age which they are approaching, and suddenly their retirement account has lost 10% of its value.

If they voted for Trump they have no one to blame but themselves.

 

[Walt]

I don't like bonds, since I can usually play the stocks and get better returns long term. Some of the so-called junk bonds did well, though, but not many.

Bonds are not about making money. They are about holding money. If you move money out of the market and into bonds during the highs, and then move out of bonds and into stocks during the lows, you will make money.

 

[Lionfish]

Fag bitch. You disgust me. No wonder the Marines booted your lame ass.

Mr. Tiny Penis the CEO of my fan club has gender identity issues. Many alt lefties tend to lean in that direction.

 

[Walt]

is all this effort profitting humanity?

you're just a gambler.

stocks enable parasitism.

The alt right is sounding more and more marxist. The new alt right demands that the government get to decide who can be rich and who cannot.

 

[Neoclitorus]

The alt right is sounding more and more marxist. The new alt right demands that the government get to decide who can be rich and who cannot.

it's not Marxist to be against massive scams.

markets give an illusion of false security.

people calculate in their head how much money they would have IF they sold.

but everyone cant sell at that value.

if too many people try to make their vast imaginary fortune real, the whole lie falls apart.

and it is a lie.

 

[Kurmugeon]

Just more Leftie Manipulation.


Any loses will evaporate, as soon as it becomes clear that it is just another manipulation, that we-the-people reject and scorn.

-

 

[Neoclitorus]

The tariffs are here to stay.

it's not a bargaining chip or a stunt.



get used to it.

America is a player again.

 

[Poor Richard Saunders]

You wouldn't know. Stick to dumpster diving, it's all you can handle.

My portfolio must be several orders of magnitude larger than yours if you can truthfully claim your portfolio gained 20% this week.

I have to wonder why you are such a dick? Is it because you know you are incompetent?

 

[Phantasmal]

The tariffs are here to stay.

it's not a bargaining chip or a stunt.



get used to it.

America is a

Irony can be amusing in a sad sort of way. The MAGATs were all gleeful about the mass federal govt. layoffs which are supposed to save the taxpayers $$. But now that Trump has started a trade war, any of those alleged savings are going to have to go to bail out farmers, manufacturers, laid-off idled workers, and others who are being harmed by them. In fact, if the predicted deep recession occurs, we can expect that billions will also be spent on stimulus checks.

So much winning.

Will they help them? They say the pain is necessary so we can make the rich, richer.

Come on Owl, stay focused on what is importance. Tax cuts for the 1%