Stock Market/Investing/Fin Planning Catch-All

[heelinhell]

I took the Equity part of my retirement portfolio and parked it in money market for now.

A few weeks ago I moved 75% of my grandson's 529 plan to cash and have maintained 65% cash/35% stocks in my taxable and retirement portfolios.

I'm thinking about doing some bottom fishing at some point, but the market is on track for another 2-3% loss today. I'm guessing more investors will be heading for the exits going into the weekend.

 

[ChapelHillSooner]

A few weeks ago I moved 75% of my grandson's 529 plan to cash and have maintained 65% cash/35% stocks in my taxable and retirement portfolios.

I'm thinking about doing some bottom fishing at some point, but the market is on track for another 2-3% loss today. I'm guessing more investors will be heading for the exits going into the weekend.

I have a theory that the Fox News watchers just started waking up yesterday.

 

[1moretimeagain]

 

[heelinhell]

to get in a round of golf ?

 

[nrsair]

Buy some American alcohol stocks

I was looking into Philip Morris a few weeks ago lol. They’ve got an American factory to make ZYN so no tariff issues for their most popular product.

 

[UNCatTech]

I have a theory that the Fox News watchers just started waking up yesterday.

How? Fox removed the stock market ticker, so most are probably wondering what change on the screen. It's not like fox is going to actually report what's happening.

 

[1moretimeagain]

to get in a round of golf ?

I don’t think he’s playing today, just attending a Saudi sponsored golf tournament.

 

[lawtig02]

I don’t think he’s playing today, just attending a Saudi sponsored golf tournament.

You say that, but would anyone really be surprised if Trump announces he shot a 59 to win the LIV tournament by 12 strokes?

 

[OGtruthhurts]

he's only played like 20 times since taking office.

 

[ChapelHillSooner]

How? Fox removed the stock market ticker, so most are probably wondering what change on the screen. It's not like fox is going to actually report what's happening.

There is the cohort of Fox News watchers who have a lot of money and keep an eye on the markets. Those people likely remained clueless until the markets actually started crashing.

 

[ChileG]

On one of the prediction threads, I predicted (this was prior to Inauguration Day, iirc) that we would be buying stocks at a discount.
I want to retire in 10 - 12 years (sooner if I can swing it). I’m holding steady.

 

[gregh1]

Anybody catching knives today?

 

[heelinhell]

Anybody catching knives today?

not yet

 

[heelinhell]

So was today capitulation ?

or is there more carnage to come ?

I will wait for HeelYeah to post his take before hitting the panic button. After all , he voted for Trump X3 because Trump was a $$$ genius who was sure to fatten his wallet...

 

[BillyL]

Liberation Day just keeps keeping on . .

 

[JCTarheel82]

Just checked the market close and literally laughed out loud. So much winning.

 

[Carolina Fever]

Maybe this will get the rich and greedy MAGAs to turn on Trump. Still have to get the racist and bigoted Christian nationalists on board.

 

[OGtruthhurts]

this is nothing compared to what is going to happen

 

[nrsair]

An interesting aspect to the market turmoil is bitcoin holding steady over the past few days. I have a small amount of Bitcoin but do hold some MicroStrategy as my exposure to crypto.

 

[1moretimeagain]

Congratulations to Donald J. Trump, the only President capable of putting two dates on this list.