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?
What Trump is doing now will almost certainly outlast his presidency. One man, just one, has completely betrayed all of the trading relationships this country built over the course of a century, and even better, he did it unconstitutionally and Congress went along with it for their own enrichment, both Democrat and Republican.
Supply lines will be recalibrated. Our foreign partners will make new relationships with more dependable trading partners. (ie, China.) Over the course of the next decade or two, the utter stupidity of what Trump has done will play out to full effect. A few hundred Americans who shoved their heads up Trump’s ass will get richer, but long-term, this is going to hurt most Americans.
If you’re not diversifying your investments geographically you’re no longer diversified at all.
Most shitty things in our life can be traced to Reagan. Trump is going to outdo that legacy by so much.
We’d need an actual left wing president to actually undo the damage, and there’s no way the corporate democratic party is going to allow that
You’re right.
We needed a Bernie, and Democrats happily subverted their own primary process to prevent it. Now, all you can do is take whatever measures possible you can to ensure your own survival.
What are some simple global things akin to the sp500 that brokers carry, or do you have any recommendations for a set it and forget it kind of thing with a decent and stable return?
Hi friend. There are a ton of options. Many invest in funds VT and VXUS, international funds run by Vanguard. SPDR is also a popular choice.
Take a week and just spend 30-60 minutes a day reading up on the various options in the global arena and make the best decision for yourself. The funds I mentioned above are a good starting point for doing your research and finding an option that fits your goals.
Thanks I’ll look into it
I’m not an expert, but I’m an index fund/mutual fund guy. I’m not looking for a lottery ticket, I just want to keep up with the market.
They’re basically the new savings account, right? If they don’t do well, chances are nothing really is, so your money is stagnating to the same degree as everyone else. No real loss.
Index funds are a great option, no doubt.
European Aerospace/Defense ETF - ticker EUAD
Trump will not make it past the mid-terms. Vance, who is the main mover-shaker behind the 2025 manifesto, will make sure the Senate impeaches Trump for treason, and the fact that under the Constitution he can NOT be President - an then Vance will assume the Presidency. If you think Trump is far-right, wait until Vance takes over. And since Vance was not ELECTED President, he can serve another two full terms - 10 years total. At the end of the ten years, The top 20% income earners - some 70 million Americans - will be living in luxury while the 0ther 80% will be nothing more than indentured servants. The Handmaidens Tale will be mild in comparison.
It could happen, but I think you’re wrong.
Trump is going to live to be 100 years old, like Kissinger did. The problem with your theory is that, after his first term, people know full well that he can’t be controlled.
If a Democratic president is able to take office following the fuckery happening to basic voting rights, I fully expect the cycle to continue of the Democratic president being blamed for inflation (thanks, tariffs) in the first part of their term and any economic gains ignored at the end of their tenure.
My next vote goes to:
Sweet Meteor of Death 2028