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?

  • selkiesidhe@lemm.ee
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    14 days ago

    I decided to adult and buy a few stocks. So far I’ve lost six hundred dollars.

    Yes that doesn’t seem like a lot but I’ve never invested before and I’m not exactly rich.

    Haven’t checked my retirement because I’ve never expected to be able to retire in this country. I will work till I die. Yay, American dream! 🙁

  • RagingHungryPanda@lemm.ee
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    14 days ago

    I haven’t sold, so none. I’m going to buy a bit more. Even if it goes down I can still get dividends and borrow against it rather than selling if i need

  • Opinionhaver@feddit.uk
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    14 days ago

    Nothing because I haven’t sold anything and aren’t planning to either. I hold and keep buying more. Just like I did thru the previous dips.

  • Snot Flickerman@lemmy.blahaj.zone
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    14 days ago

    I lost everything long before this, sadly. Didn’t even have money to start rebuilding before the tariffs nonsense.

    It all feels insurmountable. Like it was going to be hard to build it all back, but now, with the tariffs? Just feels pointless.

    The number of times I cry because it took me until I was nearly forty to own a bed of my own, and to just be a few years past forty and back down to basically nothing and sleeping on a 15+ year old mattress that isn’t even mine that hurts my back every night is too damn high.

    I never had much, all told it was all worth maybe $2000, but it’s all gone now. It all feels so petty but it was mine, the few things I had were mine, and I took good care of them. It feels like a joke that it could have all been replaced for so cheap yet I have had no options because of my cancer.

    • Flagstaff@programming.dev
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      12 days ago

      You’re supposed to rotate mattresses every 3-to-6 months to even out their wear. Alternatively, you can just move the pillow to the other side to not deal with rotation. But given the age of that mattress, it’d almost certainly be healthier to sleep on your back on the floor. Can you get an air mattress? Even that’d be better than nothing.

  • ☂️-@lemmy.ml
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    13 days ago

    once the little people sell their assets for pennies, they will just bulk buy it at a bargain and reverse the shitty decisions that made it crash.

    just legalized robbery-with-extra-steps.

    • SouthEndSunset@lemm.ee
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      13 days ago

      I hope no one sells, if anything they should buy more. Assuming, and that’s a big word here, they can afford to.

      • ☂️-@lemmy.ml
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        13 days ago

        the fact its crashing so hard means quite a bunch of money was already pulled out.

        • SouthEndSunset@lemm.ee
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          12 days ago

          Appreciated, I was more referring to the ordinary folk that wouldn’t have that level of influence. But I suppose that that’s passed.

  • stoy@lemmy.zip
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    14 days ago

    Untill you sell, you haven’t actually lost anything tangiable.

    What I mean is that the market can absolutely bounce back once the situation is stabilized again, if you have time and resources, it might be worth riding this out.

    • RedPostItNote@lemmy.world
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      12 days ago

      This is not like every other time this has happened. This is happening now with no support from the rest of the world, which is usually what pulls us out.

      I would forget about any owned stocks and focus on real life for what will probably be a decent amount of time.

  • zxqwas@lemmy.world
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    14 days ago

    I bought European defense stocks so I get happy whatever he says.

    Jokes aside about 30k maybe? Not sold anything and I did not care enough to check. Hopefully he does not get to stay in office for another 4 years. I’ll just buy more meanwhile.

      • Opinionhaver@feddit.uk
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        14 days ago

        My 60 year old dad who started investing 3 months ago is buying Rheinmetall stock. I’d say that when people like him are already buying them you’re already way too late.

        • zxqwas@lemmy.world
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          14 days ago

          Yeah I think everyone knows it’s a bubble. Some think they will get off before it pops, and I don’t care, like I said I bought it to be happy either way.

  • baggachipz@sh.itjust.works
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    13 days ago

    I sold about a third of my shares in my retirement index fund into “cash” about a month ago. This was obviously coming and I figured I would try to time the market in this instance. I didn’t have the balls to do the whole thing but I stand to make a nice gain if I can buy back in on the way up.

    The next few years will be a constant whip saw of crashes and “recoveries”, because the big money wins more when prices are volatile. They sell before you can. They buy before you can. It’s a dance they take advantage of, and we should try to as well.

    • Angry_Autist (he/him)@lemmy.world
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      14 days ago

      As long as you don’t cave, the worst that will happen is you bought before the Depression 2.0 firesale. Your kids will be one of the few of their generation with access to a house. Congrats. Fuck you.

        • Angry_Autist (he/him)@lemmy.world
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          14 days ago

          Still angry, still autistic, but now I have to deal with fucking fascism in my government

          How about yourself? (BTW I now retract every brexit joke I made and am reasonably prepared for my own comeuppances in the coming years)

          • Flax@feddit.uk
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            14 days ago

            Things were far better this time last year. Unfortunately now they are far worse 🫠 but I’ll still try my best to get through it

            • Angry_Autist (he/him)@lemmy.world
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              14 days ago

              Hey if it’ll cheer you up you can make a ‘stupid yank’ joke at my expense, I feel I deserve it a bit. No I didn’t vote for him, but apparently I also didn’t convince enough other people not to vote for him so I have a part in all of this

              • Flax@feddit.uk
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                14 days ago

                Don’t be silly, there are bound to be more pressing issues in your life than to beat yourself up over the stupid decisions of your countrymen. It’s not your fault. As long as you did your bit and vote, that’s what matters.

  • Demonmariner@lemmy.world
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    14 days ago

    The market has given up about one year’s gain, so people who have held diversified portfolios for longer than that haven’t really "lost"anything.

    Yet.

  • WetBeardHairs@lemmy.world
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    13 days ago

    In January I moved all my 401k funds to a vangaurd stable fund which mostly invested in money markets. My 401k is somehow up from April 1st by a few %. Thinking of reallocating to take advantage of Trump’s inevitable reversal.

    My guess is he will do it piecemeal as countries cave to his attempt at soliciting bribes. So the market as a whole wont recover all at once. When I see he is starting to reverse individual tariffs, that’s when I’ll do the reallocation. But until then I think there is more to lose.

    Also I shorted Elmo and cashed out high enough to cover the losses on the rest of my portfolio. So somehow I didn’t get turbofucked by them this time.

    • Sanctus@lemmy.worldOP
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      13 days ago

      It just sounds like you were ready for the fuckening. Good job honestly, mate. I dont have the funds as a freshly salaryman to be playing markets. But I saw the movements and if I had a spare dime I would have made it out of here still complaining but covered. I’ll never stop complaining until equality and equity are human pillars tho.

  • expatriado@lemmy.world
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    14 days ago

    i am just starting on a fresh 401k account, i guess i got lucky, but people with decades worth of contributions must be swearing bullets