Market all of a sudden looks sick

[Kruska]

We're 37 trillion in debt. We have an open border where around 20 million illegals already broke in. We have outsourced manufacturing, including essential drugs and equipment, to countries we should consider enemies. We have a broken media and education system. Our youth aren't prepared to rule this country. Woke-DEI expectations have destroyed much of our competitive nature. You bet we're in for a fall.

Yup, and Trump is the guarantor that the Fall, will be far steeper and faster.

E.g. China and the CPC have been setting their hopes and placing their bets onto him - latest since 2021, when Democrat policies brought their economy and political aspirations to a hold.

 

[konradv]

We're 37 trillion in debt. We have an open border where around 20 million illegals already broke in. We have outsourced manufacturing, including essential drugs and equipment, to countries we should consider enemies. We have a broken media and education system. Our youth aren't prepared to rule this country. Woke-DEI expectations have destroyed much of our competitive nature. You bet we're in for a fall.

To all that Trump wants to add tariffs? Is he trying to accelerate the destruction?

 

[John Edgar Slow Horses]

Yesterday was nice and today is good.

 

[otto105]

We're 37 trillion in debt. We have an open border where around 20 million illegals already broke in. We have outsourced manufacturing, including essential drugs and equipment, to countries we should consider enemies. We have a broken media and education system. Our youth aren't prepared to rule this country. Woke-DEI expectations have destroyed much of our competitive nature. You bet we're in for a fall.

Your man old dumb man who watches way too much phax.

 

[wamose]

Your man old dumb man who watches way too much phax.

I don't speak that language.

 

[otto105]

I don't speak that language.

Sorry, I don’t react to requests for conservabonics.

 

[john doe 101]

I think it's termed TDS.

So who are we supposed to talk about now that Trump is President? Nixon?

 

[PredFan]

To me, this downturn in the market is when I buy most of my stocks. I have good solid companies in my portfolio and I'll add more shares when their prices drop like they are now. I'm always looking for new opportunities as well. I know that with Trump in office, the economy will turn around and I hope to have a larger share when it comes back.

 

[konradv]

To me, this downturn in the market is when I buy most of my stocks. I have good solid companies in my portfolio and I'll add more shares when their prices drop like they are now. I'm always looking for new opportunities as well. I know that with Trump in office, the economy will turn around and I hope to have a larger share when it comes back.

What do you base the comeback on, if tariffs go through and start a trade war?

 

[Moonglow]

After Trump takes office the MSM will start reporting on how shitty the economy is and how it's all his fault

Yeah, that is normally how it works.

 

[konradv]

After Trump takes office the MSM will start reporting on how shitty the economy is and how it's all his fault

Trump’s been talking the economy down, now he’s reaping the rewards!

 

[PredFan]

What do you base the comeback on, if tariffs go through and start a trade war?

Tariffs are not guaranteed to happen. If they do, they are scheduled to happen next month I believe. Neither Mexico, Canada, or China can survive a trade war with the US. They will cave.

Also, Trump initiated tariffs back in his first term and the economy grew instead of declined. The reasons for that are many. One is that he reduced corporate taxes at the same time. There are many ways tariffs can be offset. I trust that he will do it again but I don't think that the three countries I mentioned will even let it get that far. It's not like what trump is asking for is unreasonable or undoable.

Even if your scenario is the one that plays out, a down market is an opportunity to invest if you are smart about it and do your due diligence. I'd actually be OK with it lasting a while since I'm not a rich guy and have to pace out my investment money. The longer it takes, the more opportunity I have to buy. If we get into a trade war, it won't last long and maybe it might hurt us a bit but there's no way that that those three can withstand a prolonged trade war. China probably longer than Mexico or Canada, but not for long.

 

[Lisa558]

What do you base the comeback on, if tariffs go through and start a trade war?

Then people will just buy American, and American companies will bring back manufacturing, and Americans will be hired.

Trump said in his campaign that this was his intent. Smart investors know that it will benefit the country in the long-term, but there could be short-term pain.

 

[Lisa558]

Tariffs are not guaranteed to happen. If they do, they are scheduled to happen next month I believe. Neither Mexico, Canada, or China can survive a trade war with the US. They will cave.

Also, Trump initiated tariffs back in his first term and the economy grew instead of declined. The reasons for that are many. One is that he reduced corporate taxes at the same time. There are many ways tariffs can be offset. I trust that he will do it again but I don't think that the three countries I mentioned will even let it get that far. It's not like what trump is asking for is unreasonable or undoable.

Even if your scenario is the one that plays out, a down market is an opportunity to invest if you are smart about it and do your due diligence. I'd actually be OK with it lasting a while since I'm not a rich guy and have to pace out my investment money. The longer it takes, the more opportunity I have to buy. If we get into a trade war, it won't last long and maybe it might hurt us a bit but there's no way that that those three can withstand a prolonged trade war. China probably longer than Mexico or Canada, but not for long.

Yes, a decline is a gift to those with discipline. I bought into the 2008 market, and made so much on the rise back up the following year that I was able to retire two years ahead of schedule.

 

[PredFan]

Then people will just buy American, and American companies will bring back manufacturing, and Americans will be hired.

Trump said in his campaign that this was his intent. Smart investors know that it will benefit the country in the long-term, but there could be short-term pain.

I truly believe that those countries cannot afford to get into a trade war with the US. I believe they will "bend the knee" so to speak.

 

[Lisa558]

I truly believe that those countries cannot afford to get into a trade war with the US. I believe they will "bend the knee" so to speak.

Exactly. Look at how Mexico caved.

Trump is brilliant - and exactly what our country needs.

 

[konradv]

Then people will just buy American, and American companies will bring back manufacturing, and Americans will be hired.

Trump said in his campaign that this was his intent. Smart investors know that it will benefit the country in the long-term, but there could be short-term pain.

Prices will skyrocket. Buy gold; Trump will tank the dollar.

 

[Lisa558]

Tariffs are not guaranteed to happen. If they do, they are scheduled to happen next month I believe. Neither Mexico, Canada, or China can survive a trade war with the US. They will cave.

Also, Trump initiated tariffs back in his first term and the economy grew instead of declined. The reasons for that are many. One is that he reduced corporate taxes at the same time. There are many ways tariffs can be offset. I trust that he will do it again but I don't think that the three countries I mentioned will even let it get that far. It's not like what trump is asking for is unreasonable or undoable.

Even if your scenario is the one that plays out, a down market is an opportunity to invest if you are smart about it and do your due diligence. I'd actually be OK with it lasting a while since I'm not a rich guy and have to pace out my investment money. The longer it takes, the more opportunity I have to buy. If we get into a trade war, it won't last long and maybe it might hurt us a bit but there's no way that that those three can withstand a prolonged trade war. China probably longer than Mexico or Canada, but not for long.

Since you seem so smart about investing, let me ask your opinion about the following:

While a down-market is a good time to invest, what about taking advantage of the low prices to convert a portion of my traditional IRA to a ROTH? (Can’t be too much, because….. taxes.) That way, not only do I make money on the way back up, but all that gain is tax-free.

 

[konradv]

Tariffs are not guaranteed to happen. If they do, they are scheduled to happen next month I believe. Neither Mexico, Canada, or China can survive a trade war with the US. They will cave.

Also, Trump initiated tariffs back in his first term and the economy grew instead of declined. The reasons for that are many. One is that he reduced corporate taxes at the same time. There are many ways tariffs can be offset. I trust that he will do it again but I don't think that the three countries I mentioned will even let it get that far. It's not like what trump is asking for is unreasonable or undoable.

Even if your scenario is the one that plays out, a down market is an opportunity to invest if you are smart about it and do your due diligence. I'd actually be OK with it lasting a while since I'm not a rich guy and have to pace out my investment money. The longer it takes, the more opportunity I have to buy. If we get into a trade war, it won't last long and maybe it might hurt us a bit but there's no way that that those three can withstand a prolonged trade war. China probably longer than Mexico or Canada, but not for long.

The US against the world is a fool’s bargain. Trump doesn’t understand international politics and is leading us closer to WW3.

 

[Lisa558]

Prices will skyrocket. Buy gold; Trump will tank the dollar.

You are talking to an intelligent woman. I already bought gold.

I expect it will rise in value if stocks drop, and then I can sell the gold to either:

1) buy back into the market while prices are low, or
2) use (some of) the cash from the gold to pay the taxes on a ROTH conversion while prices are low