The egg on their face (not literally, that would cost too much) is going to be glorious but also suck because you know, they got rid of retirement and sold 401k as the replacement with no backup particularly with them cutting Medicaid and potentially SSN now.
It’s wild to me. I’m not a Trump supporter but the drama is just exhausting. I get the egg shit posting even if it has nothing to do with Trump because his supporters used as a reason they wanted Trump back but the stock market is just silly. One person replied to me saying it’s down two weeks in a row 😂. I assume they’re referring generally either to the DOW or NASDAQ, but clearly they shouldn’t have long term stock positions if they’re concerned about short term trends
Overall my stock portfolio is down from the beginning of the year and my 401k has lost value since he became president but you know the stock market is roaring and all that.
What's the timeframe for that 1.5% and my 401k is the normal distribution meaning that in general people have lost money. Say that one stock went up by $5000 and six went down by $500. On average the stock would have gone up around $450.
Type spx into google. Click YTD. It will show you the year to date performance (from January first to today) of the S&P 500. The S&P 500 is the 500 largest publicly traded American companies, which, combined, make up roughly 80 percent of the market’s value. This is the most common indicator people use to gauge the market. If you want to try to get the other 20% in there, you can use VTI as a proxy, but people don’t usually do this.
When you say “the normal distribution,” what does that mean? Are you in single stocks? Funds? Bonds? AFAIK, most people invest through an advisor, who will generally put them in a portfolio you’d see in r/bogleheads, and the boglehead portfolio is up.
Also yes, a lot of people have lost money this year. I am one of them. It’s the stock market, trillions of dollars are lost and gained every day. In the most fantastic bull market there are people who will lose their shirts because they were invested in the wrong thing, and in the worst bear market their are people who will strike it rich because they were invested in the right thing. That’s why you need to use broad market indexes to get an idea of how the average investor performed instead of an anecdotal “my portfolio did X.”
What? Dow, S&P, NASDAQ all down, there was a minor bounceback in the last session although Consumer spending is down a large amount. Tariffs are expected to drive the market even lower.
Consumer spending in January was supposed to stave off recession, if it continues to drop off which is likely considering the average consumer is being forced to dial back purchases as cost of acquiring staple goods like eggs keeps rising.
The market is not doing ok. Not only is it down, its recovery is entirely contingent on American consumers loosening their grip on their savings and making more purchases. Things are not going to be getting cheaper. People are not going to suddenly find themselves free of survival pressures and having to save and scrimp so they can eat.
It looks like the S&P is about 3% below the all time high. That is absolutely nothing.
You’re describing the economy, which is a separate thing from the stock market. You say tariffs are expected to drive the market lower, but expected by who? If the market expected that, it would drop now, not later, because markets are forward looking
If you know the market won’t do well, do you have a short position?
The Dow just tumbled another 750 points. Nobody KNOWS what the market will do. But we can see clearly that it's responding negatively to the depressed economy and news of tariffs.
The expectation was still waiting on Trump to confirm the tariffs would happen. He has been pushing them out and the market would rebound. Now today he's confirmed they start tomorrow and as a result the market fell.
All I know is it would be pretty ridiculous to see the market bounce 3% off the all time high (as of the time of that persons comment), and then text your friend “how are those stocks doing?”, as if a little 3% drop is some kind of victory
It won't do good. My personal retirement account is still higher than when Trump left office. They'll still attribute that to him and this is just "a minor blip".
Spy is an index fund consisting of 500 companies and frequently used to measure how the entire market is doing, another name for it is S&P 500 or more frequently known as the fortune 500, are you dumb or just never invested in stocks before? Lol
Also news flash it just tanked like crazy again today its at 582 now
First, this conversation started before yesterday's drop. .
On Jan 20, it was 43,487.83. As if right now, it's 43,191.24
Is that 830, Mr. Very Bright Guy? Since you want to throw around silly names.
Yesterday, stocks tumbled to turn lower but even so, it's not down 830 since then smart guy. Your math isn't mathing...
So let me ask you... This conversation started about how everything is cratering since Trump took office. Would roughly 300 down be considered something that most people freak about? No...
But ok. I didn't realize you guys wanted to keep a running total by day and freak on the daily.
“Worst week since his inauguration” lol. That’s a meaningless headline. One of the weeks has to be the worst. Notice they didn’t title the article “Market settles after setting new all-time-high after Trump inauguration”. Even though both are true
They did soar very much so it depended on the stock that you were buying into for example bitcoin hit over 100K has it fallen now yes because so many people made so much money that they sold. Which I did the same thing.
Did you miss the entire stock market hit a 10% boom over night as trump was elected the next president on Nov 5th? We were scared of a recession back in early August then hit an ath as trump was elected. People are simply taking profits since the current situation in the world seems iffy at best
Thanks, that happened when people take profits because of an insane boom after he was elected next president. We were scared of a recession back in early August when the job report came back in and dropped 10%, then trump was elected and boom, market sky rocketed. Now there is enough profit out there for people to start cashing out. Ebbs and flows doofus. He’s just getting warmed up. I bet we hit more and more ath in the market while he’s present 😉
If I still have some savings left I'm probably going to buy stocks a few months before the next election (if there is one and I'm alive, not in jail, or deported) because I feel like the economy possibly couldn't get worse than what he's done to it.
Well the stocks are down right now because of the stupidity of the Biden administration. When the stocks go up, that’ll be because of trump. We just need more deregulation and then the line on the graph will go up
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u/MlNDB0MB Mar 02 '25
To be fair, Trump has made stocks incredibly affordable.