Reply to How to hedge against the coming Trump economic implosion?

Forum Index » Money and Finances

Reply to "How to hedge against the coming Trump economic implosion?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]Legitimate question for all the PPs who think OP is just a neurotic nervous Nellie who has overdosed on MSNBC, while I agree that historically the market has always bounced back and doesn’t reward investors who panic, can you admit that we are living in unprecedented times?  We have never had a POTUS who has shown he is willing to interfere in the economy to this degree, destroy the independence of the Fed, manipulate key economic data and make decisions that are in his and his family’s financial interests not the country’s.  So…how confident can you really feel that he isn’t going to crash the economy or is the plan just to ride out any crashes in the market and hope things improve in a few years?[/quote]

Trump is awful, yes.  But there are literally unprecedented seismic events continually throughout history and the market chugs along.  Rising and falling in the short term but averaging 8-10% a year in the long term. We just went through a freaking global pandemic a few years ago.  An enormous financial crisis in 2008.  September 11th!  Do you not remember how crazy and unprecedented those times were? They weren’t that long ago - and look where the market stands today.

Do you remember that in 2022 the market went down like 25%?  But again, who cares? Stocks were on sale and they recovered.

You’re not smart if you try to time the market.  Dollar cost average in and never sell.  It’s so obvious.  Read the threads from three months ago.  People lost serious money because they let politics dictate their finances.

Fight to push the bad people out of office,  but don’t give up your hard earned money and earning potential based on politics.

[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics