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re: Why is the stonk market melting down today?

Posted on 4/21/25 at 12:33 pm to
Posted by East Coast Band
Member since Nov 2010
66950 posts
Posted on 4/21/25 at 12:33 pm to
How low of a stock market will still be acceptable to yall?

Seems like everyone here is fine with this, when if the stock market went down a few hundred points a year ago, we'd hear "Biden's economy ".

My 401k, etc has fallen so much, I'm setting myself up to require mydelf to put off retirement at least 5 more years
Posted by jb4
Member since Apr 2013
13671 posts
Posted on 4/21/25 at 12:35 pm to
Seems like testing the low again would be a good assuming it bounces off it rather than
Posted by RohanGonzales
Member since Apr 2024
8149 posts
Posted on 4/21/25 at 12:37 pm to
quote:


How low of a stock market will still be acceptable to yall?

Seems like everyone here is fine with this, when if the stock market went down a few hundred points a year ago, we'd hear "Biden's economy ".



Find ONE fricking person who said both.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
135509 posts
Posted on 4/21/25 at 12:47 pm to
quote:

Seems like testing the low again would be a good
Yep. IDK that this is the bottom, but we are incrementally adding here.
Posted by Diego Ricardo
Alabama
Member since Dec 2020
11389 posts
Posted on 4/21/25 at 12:49 pm to
China made a statement saying they will reciprocate against any nation that makes a deal with the US that involves lowering their imports from China. It pretty much is the checkmate on any grand compact with the major global economies and the United States happening.

Additionally, holders of US debt (bonds) are selling them off and the USD's value is tanking.


Posted by Diego Ricardo
Alabama
Member since Dec 2020
11389 posts
Posted on 4/21/25 at 12:50 pm to
quote:

How low of a stock market will still be acceptable to yall?

Seems like everyone here is fine with this, when if the stock market went down a few hundred points a year ago, we'd hear "Biden's economy ".

My 401k, etc has fallen so much, I'm setting myself up to require mydelf to put off retirement at least 5 more years


Get the feeling that a good bit of this community are one or more of the following:

1. Children
2. Broke
3. Retards
This post was edited on 4/21/25 at 1:00 pm
Posted by Harry Boutte
Louisiana
Member since Oct 2024
3716 posts
Posted on 4/21/25 at 1:01 pm to
quote:

Many Americans literally have everything they’ve ever worked for tied up in the market.

This is a very good reason why NOT to privatize Social Security.
Posted by RohanGonzales
Member since Apr 2024
8149 posts
Posted on 4/21/25 at 1:03 pm to
quote:

This is a very good reason why NOT to privatize Social Security.


Surely you are not stupid enough to base you opinion on a couple of months rather than however many decades it has produced steady growth.
Posted by Victor R Franko
Member since Dec 2021
2151 posts
Posted on 4/21/25 at 1:06 pm to
You should probably liquidate all you can now before losing even more value. You can always reinvest at the lower prices sure to come.
Posted by NIH
Member since Aug 2008
119783 posts
Posted on 4/21/25 at 1:07 pm to
It’s all part of the 4D chess
Posted by Harry Boutte
Louisiana
Member since Oct 2024
3716 posts
Posted on 4/21/25 at 1:11 pm to
quote:

Surely you are not stupid enough to base you opinion on a couple of months

You totally missed the part of the hippie's post I was referring to.

Here's a clue: Read the part of my post that's between the two long horizontal lines.
Posted by LSU Patrick
Member since Jan 2009
76922 posts
Posted on 4/21/25 at 1:15 pm to
Some of us don't freak out about the short term effects on our 401K. If I were close to retirement, I might be more concerned. This is also good reason to have two portfolios, one for a bear market and the other for a bull market.
Posted by Jake88
Member since Apr 2005
78057 posts
Posted on 4/21/25 at 1:16 pm to
quote:


My 401k, etc has fallen so much, I'm setting myself up to require mydelf to put off retirement at least 5 more years
How is this setting you back 5 years? The S&P is still up 2.8% over the last year.
Posted by Cajun75
Member since Mar 2022
808 posts
Posted on 4/21/25 at 2:08 pm to
MOST of the people with anti-Trump posts on this board regarding the market should obviously not be in the market at all. If you're depending on the stock market for part of your current income or you are close to retirement you should be in safer investments.
Posted by Cajun75
Member since Mar 2022
808 posts
Posted on 4/21/25 at 2:54 pm to
quote:

Why is the stonk market melting down today?
Jake88
quote:

My 401k, etc has fallen so much, I'm setting myself up to require mydelf to put off retirement at least 5 more years
How is this setting you back 5 years? The S&P is still up 2.8% over the last year.



Because I think a lot of people especially newcomers to the market had the naive thought that their investments were going to gain 20% each and every year like the S&P did the last two calendar years.
Posted by Fun Bunch
New Orleans
Member since May 2008
127853 posts
Posted on 4/21/25 at 2:58 pm to
I think people can be honest and say the dow going down 1000 points 4 times since the tariff announcement when its only gone down 1000 points 11 times in history (now) is definitely concerning

While also saying that having some patience with the situation and seeing how it plays out long term is needed
Posted by RohanGonzales
Member since Apr 2024
8149 posts
Posted on 4/21/25 at 2:58 pm to
quote:

gain 20% each and every year like the S&P did the last two calendar years.


It did not do that. Show your work.
Posted by FLTech
Member since Sep 2017
24846 posts
Posted on 4/21/25 at 3:02 pm to
Everybody is pulling their stuff out of the stock market and putting it into bonds which is exactly what we want to happen to drive down interest rates
Posted by GoCrazyAuburn
Member since Feb 2010
39643 posts
Posted on 4/21/25 at 3:04 pm to
quote:

My 401k, etc has fallen so much, I'm setting myself up to require mydelf to put off retirement at least 5 more years


How poorly allocated was your portfolio that this has had that much of an impact, while you are this close to retirement? Good lord.



This post was edited on 4/21/25 at 3:08 pm
Posted by GoCrazyAuburn
Member since Feb 2010
39643 posts
Posted on 4/21/25 at 3:06 pm to
quote:

It did not do that. Show your work.


Sure it did. S&P 500 was up over 20% in 2023 and 2024.

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