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Reply to "Trump 47 Economy"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I put my entire brokerage account in bonds, cash, and gold on April 8 because everyone on here told me Trump was going to wreck the economy. The S&P crested 6,000 today. What should I do now?!!![/quote] Do you have any way to get in on some of the insane corruption happening in this administration right now? That is clearly where the big bucks are.[/quote] Apparently it is to time the market right and "buy the dip" according to the PP. Nevermind everyone who had funds in the market prior to April who have not seen growth in 6 months other than from ongoing contributions. [/quote] The S&P averages 10% a year and was up 20% for each year in 2023 and 2024. Only someone who has absolutely no knowledge of economics would think it would go up by a lot this year. Markets don’t work like that. Best case scenario - with or without Trump - was 5-10% this year at best. It is up 2.38% YTD as of right now. If it ends at 6,300 or 6,500 by the end of the year I’d be grateful. [/quote]
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