General Discussion

Karma13612

(4,919 posts)

42. You are far from alone!

Thu Apr 10, 2025, 06:35 AM

Apr 2025

I am 71 and retired, going into my 6th year of living on SS.
I have a minuscule 401K which, until recently, was in a retirement target date fund. It had to weather 2000, 2008 and some more recent stock market stumbles.
After Trump got re-elected, I watched the market get really jittery and kept in mind that it was due for a correction. This according to stories from reputable sources.
I moved my 401K on Nov 15 2024 into a money market account. My pro-Trump financial advisor was skeptical but I persisted. Glad I did.
My principal is fairly safe (unless the dollar gets in trouble), and I get some interest / dividend at the end of each month.

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Meowmee

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Highlight:

Is it reasonable to think that lots of people sold their stock holdings when the market tanked [View all] intrepidity Apr 2025 OP

I was thinking the same thing. Henry203 Apr 2025 #1

I'm not at all sure that "it's over". David__77 Apr 2025 #2

Classic enid602 Apr 2025 #3

If It Were A Classic Trump Scheme... ProfessorGAC Apr 2025 #6

Right. "Manipulation" is an easy goto, but most often a sign of simplistic thinking. . . nt Bernardo de La Paz Apr 2025 #9

Pump and dump enid602 Apr 2025 #16

Why wouldn't he? Stupidity, incompetence, ego, .... That he * could * is not evidence that he did. . . nt Bernardo de La Paz Apr 2025 #17

Rationale enid602 Apr 2025 #38

Likewise, I can't see any rational idea for his tariff approach & policy. But I do see an irrational idea Bernardo de La Paz Apr 2025 #40

Exactly This ProfessorGAC Apr 2025 #41

Right blubunyip Apr 2025 #44

Some, Probably ProfessorGAC Apr 2025 #4

It's like the stock market is a giant roulette wheel and Trump controls the table. OAITW r.2.0 Apr 2025 #5

Class action lawsuit over insider trading Meowmee Apr 2025 #7

I wouldn't start holding my breath on that happening any time soon. n/t elocs Apr 2025 #14

Don't worry, I'm not 😹... which lawyers would take that on? Meowmee Apr 2025 #15

Some did. It's induced dump and pump. bucolic_frolic Apr 2025 #8

If you don't understand that you've not lost anything until you sell, then you shouldn't be in the market at all. elocs Apr 2025 #10

There are plenty of Karma13612 Apr 2025 #18

Message auto-removed Name removed Apr 2025 #20

Message auto-removed Name removed Apr 2025 #11

Giving in to the fear was an idiotic move. WarGamer Apr 2025 #12

The sky was falling and it still may. Doodley Apr 2025 #21

Message auto-removed Name removed Apr 2025 #22

Do you have stock? Doodley Apr 2025 #25

Message auto-removed Name removed Apr 2025 #28

Do you realize that what is happening is unprecedented in terms of scale and potential economic destruction? Doodley Apr 2025 #29

Message auto-removed Name removed Apr 2025 #32

It is different. 1/ We have a bad faith actor who is damaging trading relationships, insulting other nations. and Doodley Apr 2025 #35

It's so scary now.... Karma13612 Apr 2025 #43

Not all have "many years" for a supposed recovery Meowmee Apr 2025 #26

Well, there are some (raising hand) moonscape Apr 2025 #34

You are far from alone! Karma13612 Apr 2025 #42

You're smarter than I. I went moonscape Apr 2025 #45

I keep watching the DJI Karma13612 Apr 2025 #46

Many foreign investors hold US stocks, including quasi-governmental ones Metaphorical Apr 2025 #47

yeah actually it's not... WarGamer Apr 2025 #23

Let's review this conversation in six months. Doodley Apr 2025 #24

sure... or 12 months. WarGamer Apr 2025 #33

Yes. That's a given. But I don't see this as being the end of this nonsense. I think those Scrivener7 Apr 2025 #13

This works once or twice Metaphorical Apr 2025 #19

The fact that he had any standing in WS Meowmee Apr 2025 #27

"Tis a consummation devoutly to be wished." Referring to: raccoon Apr 2025 #39

Can you explain to me how manipulation can cause markets to drop and rise like this? iemanja Apr 2025 #30

See what Adam Schiff says intrepidity Apr 2025 #36

That's insider trading iemanja Apr 2025 #37

That would have been a dumb mustake. nt LexVegas Apr 2025 #31