Painful 2 days (April 3/4, 2025)

[Atretes1]

April 9: pause in tariffs. Up 96k.

off my all time high by about 140k

painful 4 days. Who knows what is in store for the market.

everyone has a plan until they are punched in the mouth.

I wasn’t happy but I also wasn’t going to let four days of market swings change my investment plan.

it has opened my eyes to risk tolerance and figuring out a plan to have more “cash like” assets to support expenses so I can let retirement funds continue to earn in down market. As I am approaching 50 years old.

I bought more VTI...Not really painful for me. I've been doing the market since 2004.

[disneysteve]

off my all time high by about 140k

We're now down about 220K YTD and about 470K from the high. And that's a portfolio that is less than 60% stocks (54.52% at the moment).

[ua_guy]

I sold higher than the market is now. And I doubt this rally will last.

Sounds like it was the bond market going nuts into the wee hours of Wednesday that prompted the about-face on tariffs. Japan, is that you?

[Snydley]

I find it interesting that so many of you think it's ok for companies/CEOs to not live by basic values of humanity, decency, and respect. Ok, it's not "stealing" to deny me a to-go container, but it's completely and utterly disgusting to waste food in that manner, and deny people the food so that they will spend more $ they mostly cannot afford, in order for you (Disney) to collect higher piles of money than you could ever use. It's not because billionaires are more talented, or special, as they think they are; they were either born into wealth or squash enough people on their way up to take it all (Zuckerberg)- and they fit the demographic for 'success'.

I've got a PhD, no debt, and I'm a millionaire, but I know it's not because I'm 'special' or 'gifted' with all the right life skills. I was lucky enough to be born into the right place at the right time. There are plenty far more talented than me who never got the chances I did. I feel that we all belong to each other and should treat one another with compassion and respect. When CEOs/companies treat their customers horribly (30% credit card interest, price gouging, denying insurance claims, etc. etc.) it's a real inconvenient truth to look at the reality of the situation. I mean, if you are no better than a poor person, as I am claiming, than what are you worth?

[ua_guy]

Two of the biggest winners today just after the president said “it’s a great time to buy!” And before he reversed tariffs were tickers DJT and TSLA. The former added $415 Million to the president’s son’s fortunes, and $20 Billion to CEO Elon Musk’s car company.

Does what happened today look anything other than unethical? I’m sure it’s all coincidence…or is it?

[EasyMoney00]

#staythecourse

[Atretes1]

I Ok, it's not "stealing" to deny me a to-go container, but it's completely and utterly disgusting to waste food in that manner, and deny people the food so that they will spend more $ they mostly cannot afford, in order for you (Disney) to collect higher piles of money than you could ever use. It's not because billionaires are more talented, or special, as they think they are; they were either born into wealth or squash enough people on their way up to take it all (Zuckerberg)- and they fit the demographic for 'success'.

I've got a PhD, no debt, and I'm a millionaire, but I know it's not because I'm 'special' or 'gifted' with all the right life skills. I was lucky enough to be born into the right place at the right time. There are plenty far more talented than me who never got the chances I did. I feel that we all belong to each other and should treat one another with compassion and respect. When CEOs/companies treat their customers horribly (30% credit card interest, price gouging, denying insurance claims, etc. etc.) it's a real inconvenient truth to look at the reality of the situation. I mean, if you are no better than a poor person, as I am claiming, than what are you worth?

Its was an all you can eat restaurant. I have never seen an all you can eat restaurant that that lets you take out food. (If you don't like their policy don't go)

I don't have a college degree. I am a millionaire myself, though my own hard work. Anyone's life choices are their own and anyone could be a millionaire if they wanted. Its someone choice to use a 30% credit card if they choose to do so. You really exaggerated the credit card rate with a 30% rate. Bankrate says the average credit card rate is 20.79%

Insurance has always been scummy but what can you say about that.

[Atretes1]

Two of the biggest winners today just after the president said “it’s a great time to buy!” And before he reversed tariffs were tickers DJT and TSLA. The former added $415 Million to the president’s son’s fortunes, and $20 Billion to CEO Elon Musk’s car company.

Does what happened today look anything other than unethical? I’m sure it’s all coincidence…or is it?

We all knew there was going to be a tariff pause for negotiations. Its happened every time.

[disneysteve]

We all knew there was going to be a tariff pause for negotiations. Its happened every time.

Yes, but the difference this time was the timeline.

1. Announce new tariffs that will crash the markets.
2. Wait a couple of days for prices to plummet.
3. Tell your friends, "THIS IS A GREAT TIME TO BUY!!!"
4. Wait a couple of hours for everyone to get back in.
5. Announce a pause of the tariffs.
6. Watch prices soar and see your friends (and yourself) make billions in a day.

That's called insider trading and is blatantly illegal.

[Snydley]

Anyone's life choices are their own and anyone could be a millionaire if they wanted.
Insurance has always been scummy but what can you say about that.

I disagree, 100%. Circumstance is enormous. The impact of systemic biases against people and the power of nepotism is truly staggering. About insurance, I can say health care is a human right and no one should go bankrupt from becoming sick.

[disneysteve]

I disagree, 100%. Circumstance is enormous. The impact of systemic biases against people and the power of nepotism is truly staggering. About insurance, I can say health care is a human right and no one should go bankrupt from becoming sick.

I agree 100%, but there are people in this forum who feel otherwise. We've had this conversation repeatedly. Don't waste your breath.

[ua_guy]

Yes, but the difference this time was the timeline.

1. Announce new tariffs that will crash the markets.
2. Wait a couple of days for prices to plummet.
3. Tell your friends, "THIS IS A GREAT TIME TO BUY!!!"
4. Wait a couple of hours for everyone to get back in.
5. Announce a pause of the tariffs.
6. Watch prices soar and see your friends (and yourself) make billions in a day.

That's called insider trading and is blatantly illegal.

And we all know the SEC and justice departments will do....absolutely nothing, even if caught in the act. The rest of us who work dutifully and save and play by the rules in the market have to leave our gains to chance, and the belief that the market still plays fairly. LOL!

[Fishindude77]

I'm starting to understand things:
Tariffs are bad, now pausing Tariffs is bad.

[ua_guy]

I'm starting to understand things:
Tariffs are bad, now pausing Tariffs is bad.

Who said anything about pausing tariffs being bad? Why do you think so?

[EasyMoney00]

Yes, but the difference this time was the timeline.

1. Announce new tariffs that will crash the markets.
2. Wait a couple of days for prices to plummet.
3. Tell your friends, "THIS IS A GREAT TIME TO BUY!!!"
4. Wait a couple of hours for everyone to get back in.
5. Announce a pause of the tariffs.
6. Watch prices soar and see your friends (and yourself) make billions in a day.

That's called insider trading and is blatantly illegal.

I never heard you chime in when members of congress consistently beat the market year after year after year. I guess they were just really lucky all those times. Where were you then? Oh...because you weren't impacted by it so you didn't care.