Do you think if he kneels down and kisses trump feet he would be okay? I’m so worried damn…

    • @[email protected]
      link
      fedilink
      English
      248 hours ago

      I’m an investor in predominately european companies. My investments have risen 20%… so far

        • @[email protected]
          link
          fedilink
          English
          13 hours ago

          Luckily i was already fairly heavy in to the british MIC when it all kicked off

          I’ve held Rolls Royce since it was £1.09p

    • @DaddleDew
      link
      English
      99 hours ago

      Mine haven’t. I pulled my money out a month ago when I saw that the new Trump presidency wasn’t going to be like the first one.

      • @[email protected]
        link
        fedilink
        English
        16 hours ago

        Well, he’s being the same failed businessman and bigot he’s been his entire life, the biggest difference between the two terms is that now he doesn’t have undoing all the things that a black man did while in office to keep him busy.

      • @TrickDacy
        link
        English
        28 hours ago

        I can’t decide what the right move right now to do is. I lost months of growth in a couple weeks. The market has always come back before, but the orange shitstain is pretty uniquely awful, and showing us how he cares jackshit about nuking the economy.

        • @DaddleDew
          link
          English
          18 hours ago

          Oh it will definitely bounce back up eventually. No idea when this will happen though.

          • @TrickDacy
            link
            English
            58 hours ago

            I tend to think a lot of this damage is permanent. That doesn’t mean you’re wrong, but it might mean our growth is stunted forever or for many years. Screwing over allies like this, and a public who would re-elect him? Why would they trust us as a trade partner if they can avoid it?

            • @Benjaben
              link
              English
              4
              edit-2
              6 hours ago

              Please be careful with your investments. Respectfully, you seem to be mistaking the idea that markets like these reflect reality. The market and reality can remain out of alignment as long as all the major players are willing to keep pretending. This is the nature of a bubble, for instance, and no one can predict when it will pop (except those who can cause it to…).

              Trump is VERY likely: aware of the market swings he’s causing, doing it on purpose, and taking advantage of predictable moves with friends. He very well may issue statements next week that cause it to shoot back up.

              You’re a consumer of investments, meaning a mark, rube, or bag holder for the people who actually exert influence over these things. You should almost certainly leave your money alone and not make moves that play directly into the hands of the folks who want you to sell low and buy high.

              Edit: typo

              • @TrickDacy
                link
                English
                26 hours ago

                I appreciate this. I think you have a better grasp on things but I was leaning toward not doing anything. In any case my portfolio is fairly conservative. Index funds and a retirement plan set to light risk setting iirc. Yeah, these motherfuckers care about their own money so I figured they were taking full advantage, incredibly illegally, but who will stop them? No one. I was considering moving some of my savings into my index funds because of the buy low sell high thing but I’m too spooked to change much.

                • @Benjaben
                  link
                  English
                  14 hours ago

                  I’ve got a similar portfolio to yours and every time I’ve made changes based on what look to me like inevitable events / movements, I’ve regretted it. As maddening as it can be, I just leave it alone now and slowly balance toward (traditionally) safer investments (AKA not stocks or even indexes of them) as I get older. Cheers and good luck, I understand the frustration!!

            • @DaddleDew
              link
              English
              -18 hours ago

              Exactly. It could be back to the level it was 1 month ago in 1 month from now if Trump does a complete 180 to his approach (doubtful and yet somewhat still believable) just like it could take 10 years.