Was it strategy or the bond market crashing

I don't have time nor do I care to teach you the difference between a price increase due to tariffs and inflation. If I don't want to participate in China's trade war I'll avoid buy cheap junk from China. Inflation is something I can't escape. That's one tiny difference of many. Oh, and as I said, inflation is dropping, do you understand?

Libtards are seemingly fine with keeping things as they are. No problems with buying shit built by slaves and children as long as we can still buy a $20 toaster, and who cares about supporting an enemy's regime while they prepare for world dominance.

Your all sore losing fools, wake up, try unlearning everything your woke professors taught you and join the real world. China needs to be slapped down a few pegs where they belong. They will come crying soon, no worries.

By the way, egg prices hit a high of over $8 wholesale and are down to 2.92 as of late March. You are mistaken as usual, probably just living in a liberal city shopping at a Whole Foods, being screwed by your local libtard grocery store. LOL
Inflation will rise due to tariffs. Are you saying you cannot even understand that much? Yes, that is what you are saying. Trumptards do not care what happens as long as the con man in chief stays in power. I did take 2 years of economics just to learn something about it. I also read a lot of economics to keep up.
Trumps tariffs are inflationary. You cannot divorce his stupidity from inflation. It is a primary cause.
 
Below are your stupid questions. None of them have anything to do with the point that trump had so little to contribute to "his" book that Tony Schwartz had to create a narrative just to fulfill his contract. And you're moving the goalposts when you deflect to how many best sellers Schwartz has written. Both Schwartz and trump are still getting royalties almost 40 years later, so what's your problem?

trump's books are vanity projects that appeal to suckers like you, who think lying, cheating and stealing are ways to get ahead. I dare you to read a real, fact-based book on trump's business career... although your single random brain cell couldn't comprehend those facts anyway.

Sure, some folks can do both, but why bother when you’re Trump and can pay a pro?
Does he have any best sellers of his own?

Did I say something that wasn't true? If so, what?
Like I already asked, did I say something that wasn't true??
Are you suggesting something?
Oh, by the way, is that how you answer the question I asked twice now?
Oh, bless your heart, you still can’t answer a simple question without dodging like a politician at a polygraph party. I couldn’t care less about your snooze-fest take on The Art of the Deal, and I’d bet my last dollar no one else does either. Your little rant about Tony Schwartz crying over the book that put him on the map? Yawn, nobody’s buying tickets to that pity show.

The book didn’t nudge my vote an inch, since I didn’t crack it open until Trump was already redecorating the White House, and honestly, it’s not some literary gem,(As I eluded, Tony isn't a very good writer) just a little peek into Trump’s brain, which is mildly amusing and not really very informative unless you’re into that sort of thing. I judge people by their actions more than words.

You’re the one frothing at the mouth over it, and pretending you’ve read it too, LOL. I’d wager books aren’t your speed anyway, but if they are, your book club’s probably swapping manifestos and coloring books, chanting prepared slogans while sniffing each other’s woke fumes. You know what they say, 'garbage in, garbage out' and you only talk trash, so, what are you reading? Entertain me with a few good ones.
 
@Tobytone I dare you to read this. I doubt you have the cojones.

christiefan915

Catalyst

Lucky Loser: How Donald Trump Squandered His Father's Fortune And Created The Illusion Of Success. It's not written by disgruntled employees, it's not a collection of anecdotes, it doesn't rely on gossip, supposition, innuendo and loaded language. It's a fact-based account of trump's record as a business man that's backed up with pages and pages of footnotes and links. University economics professors could use this as a textbook showing trump's glaring failures, why they happened and how they could have been avoided. It was a real eye-opener.

www.barnesandnoble.com

Lucky Loser: How Donald Trump Squandered His Father's Fortune and Created the Illusion of Success|Hardcover

An Instant New York Times Bestseller • A Washington Post Notable Book • A Financial Times Best Business Book of the Year“ A first-rate financial thriller . . . Lucky Loser is one of those rare Trump books that deserve, even...
www.barnesandnoble.com
www.barnesandnoble.com
 
@Tobytone I dare you to read this. I doubt you have the cojones.

christiefan915

Catalyst

Lucky Loser: How Donald Trump Squandered His Father's Fortune And Created The Illusion Of Success. It's not written by disgruntled employees, it's not a collection of anecdotes, it doesn't rely on gossip, supposition, innuendo and loaded language. It's a fact-based account of trump's record as a business man that's backed up with pages and pages of footnotes and links. University economics professors could use this as a textbook showing trump's glaring failures, why they happened and how they could have been avoided. It was a real eye-opener.

www.barnesandnoble.com

Lucky Loser: How Donald Trump Squandered His Father's Fortune and Created the Illusion of Success|Hardcover

An Instant New York Times Bestseller • A Washington Post Notable Book • A Financial Times Best Business Book of the Year“ A first-rate financial thriller . . . Lucky Loser is one of those rare Trump books that deserve, even...
www.barnesandnoble.com
www.barnesandnoble.com
Well, well, thought so, a New York Times “hard-hitting” journo who’s supposedly battling systemic rot and floating above petty partisan squabbles. I’ve got some prime oceanfront property in Arizona for you and any sucker buying that fairy tale. That book leans on tax returns and financials to slap together a hit piece that brands Trump an idiot or a fraud, take your pick. Anyone who thinks those papers spill the full story on a business or a person is either clueless or crooked themselves. Trump’s straight-up bragged about milking every loophole and what whiny losers call “unfair” tricks to win where others flopped, and he’s dead right to dump the blame on the politicians who cooked up the rules, not the sharp ones who play them. Nothing illegal, just moves any hustler with a few bucks and big dreams could’ve pulled off. It’s a slimy, opportunistic jab for the Times’ drooling libtard fanbase, spiced with a fat dollop of jealousy. Another 15 minutes of fame Trump’s handed out like candy. That book’s a steaming pile on your list, got any more stinkers to flaunt?
 
Well, well, thought so, a New York Times “hard-hitting” journo who’s supposedly battling systemic rot and floating above petty partisan squabbles. I’ve got some prime oceanfront property in Arizona for you and any sucker buying that fairy tale. That book leans on tax returns and financials to slap together a hit piece that brands Trump an idiot or a fraud, take your pick. Anyone who thinks those papers spill the full story on a business or a person is either clueless or crooked themselves. Trump’s straight-up bragged about milking every loophole and what whiny losers call “unfair” tricks to win where others flopped, and he’s dead right to dump the blame on the politicians who cooked up the rules, not the sharp ones who play them. Nothing illegal, just moves any hustler with a few bucks and big dreams could’ve pulled off. It’s a slimy, opportunistic jab for the Times’ drooling libtard fanbase, spiced with a fat dollop of jealousy. Another 15 minutes of fame Trump’s handed out like candy. That book’s a steaming pile on your list, got any more stinkers to flaunt?
I knew you'd make up some excuse. The book has something like 50 pages of footnotes (Kindle version) linking to over 100K pages of court cases, documents, IRS filings, mortgages, probate records, financial disclosures, cancelled checks, bank records, ledgers, invoices et al. The author didn't make these up, unlike Schwartz who tried to polish trump's image.

trump's a despicable scumbag. He didn't just milk loopholes. He cheated his employees, lawyers, bankers and tenants. He manipulated his dementia-ridden father to get control of billions of dollars, after which he cheated and sold out his family, among other equally slimy acts. He has no conscience, no morals and no redeeming qualities.

This is the thug who you think is worthy of emulation. Ugh. Just ugh.
 
I knew you'd make up some excuse. The book has something like 50 pages of footnotes (Kindle version) linking to over 100K pages of court cases, documents, IRS filings, mortgages, probate records, financial disclosures, cancelled checks, bank records, ledgers, invoices et al. The author didn't make these up, unlike Schwartz who tried to polish trump's image.

trump's a despicable scumbag. He didn't just milk loopholes. He cheated his employees, lawyers, bankers and tenants. He manipulated his dementia-ridden father to get control of billions of dollars, after which he cheated and sold out his family, among other equally slimy acts. He has no conscience, no morals and no redeeming qualities.

This is the thug who you think is worthy of emulation. Ugh. Just ugh.
Did I ever say Buettner made it all up? You’re so naive you’d trip over your own sanctimonious nonsense and cry about it. Did his weepy little Trump exposé uncover a single illegal act? Hell no. Did he drag any of those cutthroat liberal scum who claw their way to riches into the light? Nope, not a peep. Was it a laser-guided hit job on one guy? Damn straight it was.

Newsflash, you whiner, the world’s crawling with sharks using every loophole and edge they can grab, and just because you’re too spineless or slow to play the game, you cherry-pick who to bitch about. Bet your bottom dollar the woke idols you worship are neck-deep in dirtier deals than Trump ever dreamed of.

Grow a pair (it's all the rage these days) and ditch the hate-fueled tantrum, it’s pathetic. I’d wager you haven’t cracked a smile since Obama’s second term, just another miserable libtard oozing gloom and dragging everyone else into your pity party. Honestly, I feel sorry for you and your sad little tribe, wallowing in your own bile. What a waste.
 
It's killing you all that the stock market came back and China is left in the cold.
Our stock market is nowhere near back. It is not as bad as it was, but it is a lot worse than it began at, and it will get worse again. Meanwhile, the Chinese stock market is actually doing OK. DeepSeek is giving them hope they can do alright without us.

all your European hero's are tripping over each other to make deals.
It looks very certain that the EU will finally make deals with the Latin American countries, and with many Asia countries. The world order is rebuilding itself, minus the USA. We were 5% of the world population, getting 25% of the world's resources, and soon we will have to make due with 10% of the world's resources.

Here is my question to you, will you be happy living on 60% less than you do right now?

Unless Grandpa is a complete moron he didn't lose a thing.
Depending on Social Security alone in old age is being a moron. Having money in the stock market is the way to go. Very few people have defined pensions anymore. Instead we have IRAs, and 401k's. We put that money into the stock market, and expect to take out 2 to 4% when we retire.

Even if we put them into bonds, we will effectively lose money with inflation. Not to mention defaults.

pretending that people retiring play the stock market right up until the day they retire.
Every investment planner will tell you that you need to leave some percent of your money in the stock market when you retire. Some will say 60%, and some will say 90%, but all will say some percent. You should be making long term stock investments literally up until you die.

What concerns me here is that Toby does not know this. I am given him the kindest, best advice I can, and telling him to talk to an investment advisor, or even just read a book on retirement planning. It is literally never too early, and never too late to start planning your retirement.

Everyone with a brain and a retirement fund knows that when you are getting near to retirement you move out of the stock market at least a couple of years before the big day. Libtards must not be aware of sound retirement planning.
Seriously, get some retirement advice.

Dumbass day traders might have lost if they're stupid, that's the nature of the beast.
So actually, you are not completely wrong here. If you want to be a day trader, fine, but do not do it with a significant amount of your money. You should have your retirement savings in a broad indexed stock mutual fund. It should be long term invested.

You will still have ups and downs, but they will not be as big. It is easy to manage, and will give you enough returns to live through decades of retirement.

And I do mean decades of retirement. I have relatives that nearly made it to 100, and at least one of them smoked. I do not smoke, and have access to modern medical care... And will have access to future medical care. I can easily imagine myself living past 100. If I retire today, at 54, my savings might have to last me half a century. My wife is younger than me, and women live longer, so it might have to last her even longer.

My kids have not even entered college yet. I want them to get the best education possible, including graduate degrees, and have no debt. That could easily be half a million each.

Correct but this is way over the receptionist’s head.
You are agreeing with the worst retirement advice I have ever heard...

But it brings to mind a simple question I have been meaning to ask you. If you think your grandchildren will be able to live their lives without working, based on an inheritance from you, what happens if you do not die? Obviously, you will die sooner or later, but what if it is later? Let's say your grandchildren are 50 years younger than you, and you live to 100, they will not get any money until they are 50 years old.
 
Wait a minute did someone say they took out fifty percent of their 401K?
No, I don't think it is 50% lost yet, and it is lost, not taken out. No one takes out 50% of the 401k in one year. The whole point of a 401k is to take it out slowly, and therefore pay lower taxes. Remember, you are taxed on money you take out of the 401k.

Now with a Roth IRA you are not taxed, so you could take out 50% at once. That would still usually not be wise, because money grows in the Roth tax free.

What is happening now is that people are losing money invested in their retirement plans.
 
Today it still looks like it did a couple of days ago....what happened is that Trump not understanding the battlefield made a huge tactical blunder.....he expected the Chinese to beg for a deal....what they did is say "If you demand war then it is war, and you will certainly lose".

Remember that the Chinese have been preparing for this for many years, they have long expected economic war with America.

Currently Trump is trying to figure out a way out of this mess he caused.
 
We having long been demanding war with Russia only to be humiliated in that war the threats from the Chinese carry weight, not to mention all the other wars we have lost during my lifetime.
 
I do however still believe that the plan was to do massive tariffs just for a week or two, and then to declare victory.

That plan got blown out of the water.
 
he doesn't want the "enemy" to be able to predict his next move.
Sadly, businesses are not able to predict his next move, and are losing huge amounts of money. A supply chain network takes between 20 and 50 years to build, and when the current networks were being built, there was no way to predict trump would do this.

Though I wish he would do it without messing with my retirement funds...
Are you sure you are not trump's enemy?

I bought into Tesla stock for the first time
Why? Where is the potential for growth in Tesla? This is a serious question, if you have a good reason to invest in Tesla, I would love to hear it.

My thinking on it: Tesla makes most of their cars in China for China. China has over a hundred electric car companies, almost all being supported by one government or another, almost all cheaper than Tesla, and many better than Tesla(as far as Chinese consumers are concerned). In Europe, Tesla has seen 40% declines in sales, and is bound to see much more decline in sales. They are a Chinese car company as far as the EU is concerned, so will be looking at tariffs. They are a high priced Chinese car company as far as European consumers are concerned. Plus, Musk has made a lot of enemies. Which brings us to the USA, where he has made enemies of his customer base, openly insulting them. He is not going to sell to his political allies.

The rest of the world is looking with anticipation at these new cheap Chinese electric cars, but not at the overpriced Teslas. I just see no way for Tesla to turn this around. If you do, I would love to hear it.

increased Apple
Now that makes more sense. Apple has great tech/design. It is able to charge more(joking called the Apple Tax), so can hide tariff charges better. It is more American than any of competition, so will be less effected by tariffs. It is not identified with trump internationally, so can still sell to other countries. It has been working hard on automation, so might be able to manufacture in the USA without having to try to hire Americans to assemble products.

That being said, we know the markets will crash in 90 days, so why not wait 100 days? I almost never suggest trying to time the market, remembering the old saying, "it is time in the market, not timing the market", but trump is giving us clear timelines for the destruction of the markets and economy.

I bought more gold.
I never thought I would be looking at gold being at a record high, and be saying it will go a lot higher... But here we are. The world has gone crazy.
 
I just keep remembering 2013, when everything said gold should rise, and it plummeted. Gold collapses on market flaws no one sees coming.
Because it has been manipulated.....but it looks like the new global economic system will be backed by gold....gold is an almost certain good idea for the foreseeable future.
 
You can say he has the "wrong plan" but not that he has "no plan" which is what you stated.
Clearly trump does not have a plan, or at least does not have a well defined plan. he often just goes with whatever the last person to talk to him said. The Economist referred to his tariff "plan" as being like taxing people on the number of vowels in their name. It is not internally coherent, with several uninhabited areas having tariffs.

trump has Musk firing random people, without understanding what they do before they are fired. Musk has been forced to beg people to come back to work. It is bizarre and not thought out.

trump seems to think that supply chain networks can be reconfigured in a month or two. It is bizarre.
 
A lot depends upon whether the overlords continue to allow us to own gold, that we will have another FDR style command to turn in gold is very possible.
 
Back
Top