this post was submitted on 05 Apr 2025
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submitted 4 days ago* (last edited 4 days ago) by [email protected] to c/[email protected]
 

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?

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[–] [email protected] 17 points 4 days ago* (last edited 4 days ago) (3 children)

I bought European defense stocks so I get happy whatever he says.

Jokes aside about 30k maybe? Not sold anything and I did not care enough to check. Hopefully he does not get to stay in office for another 4 years. I'll just buy more meanwhile.

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[–] [email protected] 16 points 4 days ago (1 children)

Untill you sell, you haven't actually lost anything tangiable.

What I mean is that the market can absolutely bounce back once the situation is stabilized again, if you have time and resources, it might be worth riding this out.

[–] [email protected] 1 points 2 days ago

This is not like every other time this has happened. This is happening now with no support from the rest of the world, which is usually what pulls us out.

I would forget about any owned stocks and focus on real life for what will probably be a decent amount of time.

[–] [email protected] 9 points 3 days ago

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

[–] [email protected] 15 points 4 days ago (4 children)

Aren't the stock markets supposed to recover from a crisis like this, as they always did in the past?

[–] [email protected] 18 points 4 days ago (1 children)

If it doesn't everyone will have more to worry about than the worth of their 401k.

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[–] [email protected] 3 points 3 days ago (1 children)

Anyone acting like this current clusterfuck is permanent or anything but a random stupid whim hasn’t been following what this shitgibbon does. He will repeal the tariffs at some point, call it a win, and the market will rally in response. Then it’s on to the next abomination of “policy”. Just another episode in the nonstop trash reality show that is a Trump presidency.

[–] [email protected] 2 points 3 days ago (1 children)

Why do you assume the market will rally when they're removed? The market will remain worried about the possibility of more. And the market has to deal with the already existing consequences of purchasing of usa goods down worldwide. Habits broken.

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[–] [email protected] 10 points 3 days ago (6 children)

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

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[–] [email protected] 9 points 4 days ago

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.

[–] [email protected] 4 points 3 days ago (1 children)

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.

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[–] [email protected] 9 points 4 days ago (1 children)

Nothing. Sold everything when I heard that warren buffet had sold everything

[–] [email protected] 18 points 4 days ago (2 children)

So you're fully invested in USD?

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[–] [email protected] 8 points 4 days ago (1 children)

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

[–] [email protected] 9 points 4 days ago (1 children)

I'm swearing more than just bullets.

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[–] [email protected] 8 points 4 days ago

$155k, and it could have been worse.

[–] [email protected] 7 points 4 days ago

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.

[–] [email protected] 6 points 4 days ago (1 children)

Person investing account got drained during my last family emergency, so none.

401k? Haven’t checked, but probably about 15% since the last time I checked on it, right around the time Trump took office. Probably lost around 2% over the last 12 months based on the S&P 500. Looks like I’m probably still up somewhere between 50 and 90% since I started with my current employer.

Advice? Don’t panic sell. Odds are pretty good the market will be back up eventually.

If you’ve the spare cash handy now might be a good time to invest in individual companies with a solid track record of paying out dividends. I generally aim for dividend yields in the 5 to 10% range, but there might be some good bargains right now with higher yields. Just make sure they haven’t announced that they are suspending dividends or going out of business or something.

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[–] [email protected] 7 points 4 days ago (1 children)

Since I'm not american, nothing that I know of

[–] [email protected] 9 points 4 days ago

Oh, the rest of the world is definitely feeling the ripples.

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