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?
Nothing because I am a poor and don’t have stock
Don’t sell is my advice. Maybe it will take some time but the market will recover one day. The next peak will be bigger than the last, and the next and the next. If you zoom out you will see a steady line up. So sit down, and stop checking your account.
I moved my stocks into non-US bonds and GICs when the first round of tariffs against us (Canada) happened. At this point I think it’d be a terrible idea to jump ship because you’ll realize that loss.
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.
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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.
I’ve never even owned stocks.
You have no retirement fund at all? What the fack?
Some of us live paycheck to paycheck, Karen.
Have you tried not?
Oh sure, I’ll just wave my magic wand and make it so that after I pay all my bills I have thousands of dollars left over to invest!
We all have bills, though. How much do you spend on fast food or other luxuries? What is your monthly income and how much are the hard bills (like utilities)? If you don’t mind sharing since we’re all anonymous on here anyway, maybe we can figure this out.
Oh my god.
I’ve considered all of these things. I know my finances better than you do. I live with family and don’t even have to pay rent and I still don’t make enough to invest in your magic money market. I don’t need help from stockbros. You’re doing the financial equivalent of “you’re disabled? have you tried exercising and smiling more?” Maybe consider that you don’t know everything.
I never said that I know everything and wasn’t even thinking about the market at all; I was just concerned about a paycheck-to-paycheck life, especially if you happened to be living alone, but never mind.
My personal history of owning individual stocks has been very disappointing. If you ever decide you want to invest in the equity market, I recommend exchange traded funds (ETFs) that follow an index and have a really low expense ratio. My favorite exchange traded funds are VT, VTI, VTV, VXUS, BND, and BNDX. VBR may be a good one if you ever want exposure to smaller companies.
Mutual funds are another option, similar to ETFs.
If you ever decide you want to invest in the equity market
If I wanted to play with pretend money, Monopoly is right there.
Playing monopoly is definitely a viable option if it makes you happy. The best investments in life are those that benefit mental and/or physical health.
Be very careful with mutual funds in this climate. Most are heavily weighted towards the Mag7 which include some of the most massively overinflated stocks.
That’s why I like the “value” themed ones, like VTV. Those follow indices with companies having a somewhat reasonable price to earnings ratio.
About a year’s salary.
Nothing and neither did you. Numbers on a screen aren’t anything more than a suggestion until it’s cash in your hand.
Found the apologist!
If not having it doesn’t lose you anything can I have yours?
You’re focusing on loss of money while ignoring loss of value. It doesn’t have to be currency to have value, and the value of something falling has an impact on your expectation of realizing that value later.
Your position works better with people treating the expectation of profit as value, and decrying unmet profit goals as a loss.
My mother will factually never be able to retire now. Thats real. Thats something, not nothing. We joke how its a rich people vibe machine but they’ve tied our retirements and employments to this thing. It means something. Believe me I wish it didnt. It hardly did for me I didnt have anything but I am not the sole proprietor of society now am I? Its a group project. A group effort to survive and thrive.
You either lost money, or you lost time. If you are implying that you lost nothing because you didn’t cash out and therefore can wait for a rebound, then you are going to lose the time you have to wait for the rebound. In economics that is also called an opportunity cost. You have now lost the opportunity to invest that money into something profitable because you have now tied it up in something that is unprofitable. You still lost. You are just too dumb to realize it with this mentality.
Worst case is when people with this mentality ride a stock to the bottom insisting it will just take more time to come back, and it doesn’t. Then forcing the person to lose both the money and the time.
Man’s unlocked the secret code to infinite money.
If I pay for everything with a debit card it doesn’t count as real money because it’s just a number on a screen and therefore doesn’t exist.
The special thing is, you don’t have to believe in money at all to be able to use it. As long as other people believe in it, and you notice that, you can also use money. It doesn’t matter what you believe, as long as other people believe it has value.
But if you believe that other people believe something has value, then you also believe it has value. You wouldn’t accept money for something if you believed it had no value.
the number is how much cash you could get in your hand right now if you wanted to and it is absolutely more than just a suggestion; it’s real buyers buying right now at that price.
Edit: not to mention, the remaining value is now worth 30% less due to instant tariff inflation on the price of goods
Yep.
Real money that someone (other than you) now has.
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Nothing. Sold everything when I heard that warren buffet had sold everything
So you’re fully invested in USD?
That seems risky right about now…
Agreed.
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.
$155k, and it could have been worse.
Since I’m not american, nothing that I know of
Oh, the rest of the world is definitely feeling the ripples.
I’m down $7k, so far.
I should have bailed early, but the tax hit would have been just as bad.If you think you should have bailed then you shouldn’t be investing
In what world is a tax hit just as bad? If you’re having to pay taxes, you made money.
