Ask Lemmy

Haven't sold the 401k, will just hold through it. In my brokerage account, I was up and had been DCAing. I lost about 1/3rd of my profits before I sold it all a few weeks ago. I'm still up overall, and was holding lots of cash in the last several years anyway because I thought we were due for a big downturn. At this rate, though, I'm not really looking to buy the dip. I'm instead planning to move my money abroad and, if I can, find a better place to live than the US.

Basically zilch since I have so little in retirement savings. I don't make enough to really start saving. I have maybe like $22K saved over the last 10 years.

once the little people sell their assets for pennies, they will just bulk buy it at a bargain and reverse the shitty decisions that made it crash.

just legalized robbery-with-extra-steps.

In January I moved all my 401k funds to a vangaurd stable fund which mostly invested in money markets. My 401k is somehow up from April 1st by a few %. Thinking of reallocating to take advantage of Trump's inevitable reversal.

My guess is he will do it piecemeal as countries cave to his attempt at soliciting bribes. So the market as a whole wont recover all at once. When I see he is starting to reverse individual tariffs, that's when I'll do the reallocation. But until then I think there is more to lose.

Also I shorted Elmo and cashed out high enough to cover the losses on the rest of my portfolio. So somehow I didn't get turbofucked by them this time.

All my loss has had nothing to do with the economy.

I've had basically everything I own in life thrown away. Twice. Once when I was 19 and got a job on a cruise ship; my parents sold my car and had my siblings move everything out of my room so my brother could take the room, and those two assholes just threw everything in the trash.

It happened again when I got married and my (now ex) wife got rid of everything of mine that I had before we met.

I sold about a third of my shares in my retirement index fund into “cash” about a month ago. This was obviously coming and I figured I would try to time the market in this instance. I didn’t have the balls to do the whole thing but I stand to make a nice gain if I can buy back in on the way up.

The next few years will be a constant whip saw of crashes and “recoveries”, because the big money wins more when prices are volatile. They sell before you can. They buy before you can. It’s a dance they take advantage of, and we should try to as well.

I haven't checked. It's a long-term investment anyway.

I've sold most of my international/US-biased stocks, only keep a few, plus some local company that I know is doing pretty OK.

I replaced it with mostly high-security stuff like the bank savings account or European central bank rate coupled stuff. So I guess I am losing the potential interest?

I am still not sure when to "buy the drop". I bet that (sadly), the US administration will do more bullshit before it gets better.

Nothing because I haven't sold anything and aren't planning to either. I hold and keep buying more. Just like I did thru the previous dips.

I decided to adult and buy a few stocks. So far I've lost six hundred dollars.

Yes that doesn't seem like a lot but I've never invested before and I'm not exactly rich.

Haven't checked my retirement because I've never expected to be able to retire in this country. I will work till I die. Yay, American dream! 🙁

I lost zero because the number going down doesn’t equal the value going down. You only lose if you panic sell.

Not a penny. I dumped my meager stocks in November and I shit you not rolled them over into a bunch of nonperishable food

I'm in the middle of closing on a house. I'll let you know in 5 years.