Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Fiendish Thingy

(23,313 posts)
16. A "record number" doesn't mean a majority are withdrawing from 401k's
Fri Mar 13, 2026, 11:57 AM
Mar 13

Yes, the Trump economy is causing widespread suffering, which will work to our favour in November.

And maintaining a balanced and diversified portfolio isn’t “my” strategy, it is the strategy of most honest and competent financial advisors.

Our portfolio weathered the crashes of 1987, 2001, 2008, and COVID. We didn’t panic and move everything to cash or gold- we stayed invested, losing less (30% vs 50% in 2008) and recovered the losses quicker than the Dow and S&P did, and went on to make significant gains in the years following the crashes.

Just before Trump started his war, In one of my accounts, I did shift a modest amount from US large and mid cap stocks into international (mostly European) funds which have been outperforming American stock indices by 200-300% over the past year.

Our portfolio continues to be a significant component of our current retirement income.

Recommendations

3 members have recommended this reply (displayed in chronological order):

Will just put this out there UpInArms Mar 13 #1
Yes and we saw them act on March 12, 2020 GreatGazoo Mar 13 #3
Also, watching the bond market UpInArms Mar 13 #5
I don't get it either. NCDem47 Mar 13 #2
I'm selling QQQs and buying GLDM GreatGazoo Mar 13 #8
You made me look mnhtnbb Mar 18 #20
Everything is going great for the 1% gab13by13 Mar 13 #4
Market is hedging because of TACO WSHazel Mar 13 #6
Black Rock is as far to the right as one can get gab13by13 Mar 13 #9
Black Rock cares about money WSHazel Mar 13 #11
I am factoring in TACO GreatGazoo Mar 13 #12
Private credit is separate WSHazel Mar 13 #13
Selling off stock and buying gold would be the ultimate in foolishness. Fiendish Thingy Mar 13 #7
Who are you talking about using your strategy? gab13by13 Mar 13 #10
A "record number" doesn't mean a majority are withdrawing from 401k's Fiendish Thingy Mar 13 #16
you summarized what my strategy is as well. drray23 Mar 27 #27
Even Blackrock seems to be short of cash GreatGazoo Mar 13 #17
How would you diversify for this disaster? GreatGazoo Mar 13 #15
The world, and the markets, are different than they were in the 1970's Fiendish Thingy Mar 13 #18
I got out of the S&P and went into CDs on inauguration day. I'm breaking even, and I've avoided the angst. Scrivener7 Mar 27 #28
I did the same thing months ago into CD's. At least it's more stable FloridaBlues Mar 27 #29
Wile E. Coyote has walked off the cliff, oblivious EYESORE 9001 Mar 13 #14
Getting much closer to that 10% drop today! mnhtnbb Mar 18 #19
I sold last week GreatGazoo Mar 19 #21
i significantly readjusted mnhtnbb Mar 19 #24
"I think the war is very complete, pretty much" progree Mar 19 #22
"1%" of total output GreatGazoo Mar 19 #23
my corner is down nearly 30%... n/t SonOfNebanaube Mar 27 #25
Because companies that make bombs, war parts, and rebuild critical infrastructure will cash out on the war JT45242 Mar 27 #26
It's being fueled by pump & dump schemes. They're playing games. Ritabert Mar 27 #30
Latest Discussions»Issue Forums»Economy»Is There Any Sane Reason ...»Reply #16