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Message

re: DJT, “HANG TOUGH, it won’t be easy…”.

Posted on 4/5/25 at 9:19 am to
Posted by FLTech
Member since Sep 2017
25179 posts
Posted on 4/5/25 at 9:19 am to
If you don’t plan to take money out of your 401k then this is going to be the worst it gets
Posted by GoCrazyAuburn
Member since Feb 2010
39744 posts
Posted on 4/5/25 at 9:20 am to
quote:

Looking at my 401K, it definitely is not easy after this week


Shouldn’t be. The number of shares I own hasn’t changed

My only goal right now is accumulating shares. The market goes up and down all the time. It will go back up, even if Trump’s plan doesn’t work.
Posted by lake chuck fan
Vinton
Member since Aug 2011
21556 posts
Posted on 4/5/25 at 9:30 am to
Trump is real. Americans are spoiled and hace mostly forgotten the value of sacrifice and hard work. Especially younger folks, they've been taught they "deserve" rewards without earning it.
Same principle regarding Trumps plans. The last 80 years of trade imbalance won't be corrected overnight, but we'll be better off in the long run.
Its worth it.
Posted by roadGator
Member since Feb 2009
154770 posts
Posted on 4/5/25 at 9:34 am to
Holy shite, you are obsessed with several posters. Pitiful.
Posted by bleedpg
Hot Springs Village, Arkansas
Member since Dec 2006
1234 posts
Posted on 4/5/25 at 9:35 am to
I'm with you Mr President. I hope and believe you are truly trying to do the right thing for our country and it will make america stronger for future generations. I'll go down with you on the ship if that's what's meant to happen. The other choice was Kamala and the socialist, corrupt, baby killing, demoncratic party. May God help us.
Posted by bleedpg
Hot Springs Village, Arkansas
Member since Dec 2006
1234 posts
Posted on 4/5/25 at 9:37 am to
Yes. Don't sell. If it doesn't get better then we are all up the creek with out a paddle. Stay the course unless you have to use it to live.
Posted by Tigerfan1274
Member since May 2019
4455 posts
Posted on 4/5/25 at 9:38 am to
quote:

the socialist, corrupt, baby killing, demoncratic party. May God help us.


This is where will be x10 if he's wrong. Praying that he is right.
Posted by NawlinsTiger9
Where the mongooses roam
Member since Jan 2009
38580 posts
Posted on 4/5/25 at 9:38 am to
Day 1!
Posted by YungBuck
Mandeville
Member since Dec 2017
3013 posts
Posted on 4/5/25 at 9:42 am to
That's my President
Posted by saintkenn
Saintkenn
Member since Nov 2012
1259 posts
Posted on 4/5/25 at 9:54 am to
quote:

Of course he wants lower trade barriers just like you.


I thought he wanted to “bring back manufacturing”.


Either way, it leads to lower prices for Americans
Posted by This GUN for HIRE
Member since May 2022
5631 posts
Posted on 4/5/25 at 9:56 am to
quote:

I really have no idea whether this plan is smart or dumb


This is exactly what my 12 y/o niece said.
Posted by uptowntiger84
uptown
Member since Jul 2011
5150 posts
Posted on 4/5/25 at 10:06 am to
If you aren't close to retirement then this hit on the 401k doesn't mean much, buy the drop. If you are close then you should have a balanced 401k that doesn't take a huge hit in a market downturn.
Posted by InkStainedWretch
Member since Dec 2018
4932 posts
Posted on 4/5/25 at 10:09 am to
Well, my wife and I are in that boat, we are retired and dip into ours to supplement Social Security and we don't live lavishly. And we've not taken a huge hit this week because we don't have all our IRAs in stocks, and anyone who's retired and does is an idiot.

I often wonder how long it's been, maybe even how many years it's been, since some folks have actually looked at anything beyond their bottom line "how much have I got" number ... like their asset allocations, which they ought to be adjusting as they get older.

We're in Vanguard, and we each have half of our money in Wellington and half in Wellesley, and we just let it alone and let it go where it goes. I know we could be get better returns in more aggressive funds or investing in other things, but at our age we don't need to be doing that, we "keep it simple, stupid."
Posted by Kreg Jennings
Parts Unknown
Member since Aug 2007
3914 posts
Posted on 4/5/25 at 10:12 am to
I love all of these Poli board expert economists. You baws learned how to navigate a complex, global economy working the valve at the plant?

I voted for Trump all 3 times. But it’s okay to admit he’s got the wrong approach on this. Rome is burning and you keep playing the fiddle. Way to go.
Posted by olgoi khorkhoi
priapism survivor
Member since May 2011
16384 posts
Posted on 4/5/25 at 10:14 am to
Americans used to be the people ready and willing to do the hardest things.

3 months of tariffs will bring most 2025 Americans to their knees.
Posted by Vacherie Saint
Member since Aug 2015
46245 posts
Posted on 4/5/25 at 10:18 am to
Dear Americans,
You don’t unwind a system of rank corruption, hundreds of billions in fraud and waste, the complete abandonment of the domestic manufacturing sector, currency manipulation, corporatism, trade imbalance, speculation, a consumer debt bomb, and so many other things without feeling a little discomfort. If you can’t endure the pain that comes with healing, than you don’t care enough to fix the problem and you should probably STFU.

Xoxo
Posted by SlidellCajun
Slidell la
Member since May 2019
16057 posts
Posted on 4/5/25 at 10:18 am to
What exactly is expected end result?
Posted by Victor R Franko
Member since Dec 2021
2273 posts
Posted on 4/5/25 at 10:19 am to
Good for you inkstain. People close to retirement need to be aware of their investment portfolio. If they're not going to study their investments and reallocate with earnings, retirement horizon, etc. They should probably invest in a year sensitive retirement fund that has a glide path appropriate for their retirement years.
Posted by Honest Tune
Louisiana
Member since Dec 2011
19285 posts
Posted on 4/5/25 at 10:22 am to
Never left, Pres. I’ve always been poor, not my first rodeo.
Posted by UptownJoeBrown
Baton Rouge
Member since Jul 2024
7499 posts
Posted on 4/5/25 at 10:22 am to
2 days of fight and I fold!!!!!

Thank God these pussies weren’t at Valley Forge
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