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 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.
The next
few yearsdecadeFTFY.
I’m expecting/hoping that the hamberders do him in by then.
$25k and climbing but thankfully that’s pretty much all in my retirement and I’m not touching it for several more decades.
Actual numbers?
Approaching a half million.
That’s from two people’s combined lifetime efforts at saving for retirement. We max out our retirement contributions and live modestly, I have a mandatory retirement age by law, and we can only hope that the markets will return our savings by then.
For the record, it’s shitty that people’s retirements are tied to the stock market.
401(k) plans never meant to be a complete retirement plan. Where does that leave future retirees?
I read somewhere and can’t find it anymore, but up to 40% of the stock market value is comprised of peoples’ retirement savings or plans.
So you can see how devastating this stock market decline could be if it gets worse, on top of all the issues with jobs it will cause.
Nothing invested means nothing to lose! Never got to play the fucking game.
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.
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.
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.
Oh shit this is a great idea.
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.
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.
I’m in the middle of closing on a house. I’ll let you know in 5 years.
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.
Not a penny. I dumped my meager stocks in November and I shit you not rolled them over into a bunch of nonperishable food
I’ve sold most of my international/US-biased stocks, only keep a few, plus some local company that I know is doing pretty OK.
I replaced it with mostly high-security stuff like the bank savings account or European central bank rate coupled stuff. So I guess I am losing the potential interest?
I am still not sure when to “buy the drop”. I bet that (sadly), the US administration will do more bullshit before it gets better.
Yeah, that’s what I did with my 401(k) put into a money market. It’s been there for a while now and after I moved it, the markets have only dropped. Could it in theory come back before I have a chance to buy back in, yeah, that is possibility but at least I still have the money that I moved from the normal investments over to a money market account. At least I didn’t go negative on that.
Even if I bought back in right this moment, I would still have saved the severe droppings of the last week and a half. Only is I don’t know if we’re still going down yet and how far. I do believe we are still going in the downward motion I think it’s coming back yet. Yeah it’s pretty much gambling on my money, but I honestly believe that this is the better option.
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
I’m swearing more than just bullets.
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.
Had $120,000 at the start of the year. Had planned to pull at the beginning of the year, I didn’t. It dropped to $100,000 by early March of I remember correctly. I moved the money into a money market account after that. Where I had the money at has tanked quite a bit more after that. Not sure when I’ll get back in yet. Yes I realize it could recover before I get back in but so far I’ve made the right decision. S&P took major hits recently.
$155k, and it could have been worse.
Just started my retirement fund last year, so far I have lost only $4K but I was being very moderate in my investments.
Well if you can you should max it out now.
Yep, buy low. Don’t try to time it. Just buy low and DCA.
