• Wanpieserino@lemm.ee
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    5 days ago

    Aight, of the 15% total crash, I’m 3,5% in it. Gonna put in the rest of my spare money next week and see the result.

    That crash wiped out a year of gains, and I’m interested in the future. This is due to a few people in power, not because of tsunamis etc. So this can switch over in just a day.

    Just cannot know when that day will be 👴🏻

    • djsp@feddit.org
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      5 days ago

      This is due to a few people in power, not because of tsunamis etc. So this can switch over in just a day.

      In my view, the damage is very real and businesses will keep suffering even if Trump winds down his tariff ambitions, because the uncertainty and unpredictability hinder investment decisions. For example, if you managed an aluminium business like Alcoa, would you put up the cash to set up new smelters in the US despite melting stock prices, high borrowing costs and the possibility that the tariffs shielding those US smelters from foreign producers are reduced or even scrapped altogether without warning? Many businesses are “damned if they do, damned if they don’t”.

      I’m sure there are smart plays in this market, but I’m also convinced that we’ve entered a bear phase.

      • Wanpieserino@lemm.ee
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        5 days ago

        Nobody knows bruv.

        Lump sum investing wins from DCA 2 out of 3 times, and well bruv… the market crashed 15%. I’mma keep it for my child in my wife’s uterus. I don’t need the money.

        Do what fits your goals