this post was submitted on 12 Mar 2025
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Leopards Ate My Face

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Do you think if he kneels down and kisses trump feet he would be okay? I’m so worried damn…

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[–] TrickDacy@lemmy.world 4 points 6 hours ago (2 children)

I tend to think a lot of this damage is permanent. That doesn't mean you're wrong, but it might mean our growth is stunted forever or for many years. Screwing over allies like this, and a public who would re-elect him? Why would they trust us as a trade partner if they can avoid it?

[–] Benjaben@lemmy.world 4 points 4 hours ago* (last edited 4 hours ago) (1 children)

Please be careful with your investments. Respectfully, you seem to be mistaking the idea that markets like these reflect reality. The market and reality can remain out of alignment as long as all the major players are willing to keep pretending. This is the nature of a bubble, for instance, and no one can predict when it will pop (except those who can cause it to...).

Trump is VERY likely: aware of the market swings he's causing, doing it on purpose, and taking advantage of predictable moves with friends. He very well may issue statements next week that cause it to shoot back up.

You're a consumer of investments, meaning a mark, rube, or bag holder for the people who actually exert influence over these things. You should almost certainly leave your money alone and not make moves that play directly into the hands of the folks who want you to sell low and buy high.

Edit: typo

[–] TrickDacy@lemmy.world 2 points 4 hours ago (1 children)

I appreciate this. I think you have a better grasp on things but I was leaning toward not doing anything. In any case my portfolio is fairly conservative. Index funds and a retirement plan set to light risk setting iirc. Yeah, these motherfuckers care about their own money so I figured they were taking full advantage, incredibly illegally, but who will stop them? No one. I was considering moving some of my savings into my index funds because of the buy low sell high thing but I'm too spooked to change much.

[–] Benjaben@lemmy.world 1 points 2 hours ago

I've got a similar portfolio to yours and every time I've made changes based on what look to me like inevitable events / movements, I've regretted it. As maddening as it can be, I just leave it alone now and slowly balance toward (traditionally) safer investments (AKA not stocks or even indexes of them) as I get older. Cheers and good luck, I understand the frustration!!

[–] DaddleDew@lemmy.world -1 points 6 hours ago

Exactly. It could be back to the level it was 1 month ago in 1 month from now if Trump does a complete 180 to his approach (doubtful and yet somewhat still believable) just like it could take 10 years.