this post was submitted on 13 Apr 2025
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All things considered, it has only been about 3 months since Trump took office, I feel like there is absolutely no way that this was just a single craze and from here things will even out.

I feel like until 2028 (or maybe 2026?) S&P 500 is going to look like a roller coaster.

What do you think?

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[–] OmegaLemmy@discuss.online 2 points 1 week ago (2 children)

it's gonna fall again, sell if you have any stocks at all

[–] FlashMobOfOne@lemmy.world 7 points 1 week ago (1 children)

No.

Do not sell unless you have to. Selling at a loss, if unnecessary, is just bad financial stewardship.

What you need to do is not make decisions out of fear, but start researching international investments and when the market turns, realign accordingly.

[–] jacksilver@lemmy.world 1 points 1 week ago

I've been thinking converting some assets to cash and keeping some of that as actual physical cash might not be the worst idea.

[–] MTK@lemmy.world 5 points 1 week ago (1 children)

Sold it all the moment he was declared the next president, I knew shit would happen but I couldn't have predicted this.

To be honest, I thought he would focuse more on racist, misogynistic and conspiratorial things. I knew he was stupid, but I didn't think he was threatening-war-to-allies-making-a-secret-police-crashing-the-economy stupid

[–] OmegaLemmy@discuss.online 5 points 1 week ago (2 children)

any economics student could have expected this, even the fact a president can put tariffs to a such incredibly high values shows that it's essentially a fascist state already, somehow USA in three elections managed to become as bad as Hungary, Turkey and Egypt

[–] MTK@lemmy.world 2 points 1 week ago (1 children)

Not an economics student, but sounds like an important subject these days huh?

[–] OmegaLemmy@discuss.online 0 points 1 week ago (3 children)

I thought high school economics was a mandatory class? Maybe not with how many people don't know about tariffs...

[–] Anti_Iridium@lemmy.world 1 points 1 week ago

It is in Michigan. However, I know someone who left michigan as average student was placed in advanced classes in Florida.

In America™, not all education is created equally.

[–] MTK@lemmy.world 1 points 1 week ago

Is it mandatory? I don't recall.

I definitely never was in an economics class.

[–] jacksilver@lemmy.world 1 points 1 week ago

No it's not mandatory, although sounds like some states may require it.

[–] jacksilver@lemmy.world 1 points 1 week ago

I don't think anyone expected almost blowing up the bond market. Why do you think it should've been obvious he'd tarrifs the world+allies?