• werefreeatlast@lemmy.world
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    12 days ago

    Yeah just wait for the big one! These are nothing. The big one is coming soon. When we realize p that we’re in a recession that will take decades to clear. That’s the big one.

    • BoulevardBlvd@lemmy.blahaj.zone
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      13 days ago

      Lol. No. The EU tariffs haven’t even hit yet. They actually go into effect next week. The only way this is the time to buy is if you think trump is going to back down. He isn’t. He’s an egomaniac gambling with someone else’s money. This is going to get a lot worse before anything recovers

        • LibertyLizard@slrpnk.net
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          13 days ago

          That’s why this isn’t necessarily wise though. There’s no real way to know where the bottom is. It depends on unpredictable future events. Especially in this case since Trump loves to chaotically change his mind all the time.

  • inclementimmigrant@lemmy.world
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    13 days ago

    This is no different from 2008.

    If you didn’t sell, don’t do shit now, it’s too late.

    If your young, now the time to increase your 401k contributions or take take your federal refund and invest in a good index funds in your IRA.

    Of your old, well sorry but your generation once again FA and you’re in FO territory. Hope you have good relations with your kids too help you throug while things slowly stabilize and recovers.