The Economy Thread III: Not Actual Advice And You Shouldn't Lie To Investors

[Buffy]

I mean we don’t need Walmart target or Amazon right?

[Sirious]

They need to stop flirting and just fuck. Let's light this dumpster fire. No more +20% +30% just go full retard +1000% NO U

I'll pass on the "oh my god he raised it another 20% every morning feigning shock"

[Daydreamer]

The market appears to be up this morning potentially only from Trump saying things on truth social such as "it's a good time to buy"

[Athas]

The market's ability to move on smoke continues to dumbfound me.

[Mertron]

EU announcing 10-25% retaliatory tariffs on certain goods

edit: these tariffs will go into effect next Tuesday

[Mertron]

and just like that, the market is going the wrong way again

[6souls]

and just like that, the market is going the wrong way again

BE COOL

[Bombur]

Trump has announced he will be putting down the Tarrifs to 10% for most countries for 90 days. But China is getting even more tarrifs, up to 125%.

With this annoucement the markets are surging..lol

[Meresgi]

Trump has announced he will be putting down the Tarrifs to 10% for most countries for 90 days. But China is getting even more tarrifs, up to 125%.

With this annoucement the markets are surging..lol

[Zetanio]

*TRUMP: ANNOUNCED TARIFF PAUSE BECAUSE PEOPLE GETTING AFRAID

What a panican amirite.

[Tyrath]

Would be such a shame if TrumpPanican started trending

[archibaldcrane]

Jesus S&P500 up 9.5% lol

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[Sirious]

I won't do anything stupid for 90 days. Putting in work. Shocker.

Whether it's true or not.

[Qalbert]

[Outlaw]

That's great lmao! Bringing back a classic meme.

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[archibaldcrane]

There are normies out there who saw 4 days of market carnage, believed Trump's promises that they would continue, and liquidated their retirement positions this morning.

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[Tyrath]

Given that I retire in 30 years, I didn't touch a damn thing

[Elizara]

Me, been thinking about investing as getting a Georgia STABLE account so I can save for the future. This has made me wonder if I should keep it low risk (There are three stages of risk you can set it to, investing wise, 4 if you count "don't invest, regular savings account") considering how the market's been yo-yoing.

[Zetanio]

Me, been thinking about investing as getting a Georgia STABLE account so I can save for the future. This has made me wonder if I should keep it low risk (There are three stages of risk you can set it to, investing wise, 4 if you count "don't invest, regular savings account") considering how the market's been yo-yoing.

That's a fantastic program.

Don't worry about current prices. When you're investing long term you just want a simple strategy and then you don't touch it.

I have a Roth IRA and a regular IRA.
My strategy is (THIS IS NOT INVESTMENT ADVICE):

Every month I add whatever we can spare to the Roth IRA first. If I max out that monthly deposit I move to the regular IRA. Right now that's not much because I'm reinvesting my income in my consulting business.

My Roth IRA strategy is:
Buy 60% VOO (S&P 500 ETF)
Buy 20% VXUS (Stocks from literally everywhere but the US ETF)
Buy 20% BND (Bond ETF)

This is all automated and I don't make any decisions. I put money in and this just happens. I don't think about it and I don't touch it.

For my age, that's actually a fairly conservative portfolio but this is my long-term retirement stuff. My wife has a slightly more aggressive split in her 401K mostly due to lack of options.

---
My regular IRA, on the other hand, is more fun money. It's got a rollover from my old 401K along with whatever extra I can plug away each month.

That one goes:

60% VOO
10% IBIT (Bitcoin ETF, lol)
10% GLD (Physical Gold ETF)

and the other 20% is usually involved in single stock/portfolio growth stuff that I make up.

Currently that's:

Magnificent Seven without Tesla and with AMD (NOT DOIN GREAT)

Prior to that I've had good ideas and bad ideas but I usually don't put more than 5-10% of my portfolio towards anything dumb.

I bought FNMA/FMCC as soon as Trump was elected because his buddy wants them to be private. Rode that up about 500% and sold it.

I look at that one every day and have the portfolio tracking in Yahoo Finance. It's more of my active portfolio and I also keep a share of any ETF I write about in there.

[Gredival]

Monthly deposit? Isn't ROTH was yearly limited, or do you just have the yearly cap split up into 12 for the purposes of tracking investment contributions?