I didnt have much to begin with only lost about 12k, I have nothing anyway. My mother lost roughly 100k in her retirement fund from all this crashing. My grandmother even more. How much have you lost in Trump’s Tantrum Tariffs game?

  • Sanctus@lemmy.worldOP
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    5 months ago

    I mean this sucks for people who are already retired, people who were about to retire, and people who weren’t watching their trades or paying any sort of attention. I personally haven’t been effected that much just yet. Just usually if you were to do this sort of thing you’d set out like a 10 year plan you sign into law rather than this that causes harm.

    In the past I would have cheered this. But I am wiser now and know that unless the stock market is being abolished the rich can lose 99% of their wealth and be fine while everyone else drops dead. Your assumptions are ill informed and draw correlations to conclusions that only make sense in small scopes. Almost as if you’re just saying divisive stuff. Hmm…

    • Donald J. Musk@lemmy.today
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      5 months ago

      I mean this sucks for people who are already retired

      Meh, I am already retired and doesn’t suck for me. Now for people who were just about to take out a big chunk and sell it all, yeah, the timing sucks.

      But unless you are planning on selling right now, all good. The market will come back. And most rich people are actually buying up stock right now and laughing at the panic sellers. This happens every single dip.

      Almost as if you’re just saying divisive stuff. Hmm…

      Just because I say something divisive, doesn’t mean I’m doing it on purpose. You do realize that some people just have different opinions than you, right? Hence the election results.

      My point being, not everything is a trick or troll statement. I believe what I said; in spite of you finding it divisive, not because it’s divisive.

      For the record, my gf totally disagrees with me, and is making the really really silly mistake of panic selling. Even tho I showed her facts and historical context. She’s making a huge mistake. And I’m sure I’ll hear all about it when the market comes back up and I profit (small, but still profit).