• BoulevardBlvd@lemmy.blahaj.zone
      link
      fedilink
      arrow-up
      8
      arrow-down
      1
      ·
      7 days ago

      Lol. No. The EU tariffs haven’t even hit yet. They actually go into effect next week. The only way this is the time to buy is if you think trump is going to back down. He isn’t. He’s an egomaniac gambling with someone else’s money. This is going to get a lot worse before anything recovers

        • LibertyLizard@slrpnk.net
          link
          fedilink
          arrow-up
          3
          ·
          7 days ago

          That’s why this isn’t necessarily wise though. There’s no real way to know where the bottom is. It depends on unpredictable future events. Especially in this case since Trump loves to chaotically change his mind all the time.

    • tehn00bi@lemmy.world
      link
      fedilink
      arrow-up
      1
      ·
      7 days ago

      This mostly worked for me. I needed to sign back up with a financial advisor and I wasn’t happy with their service so I sold off most of my stocks in January to redo my portfolio. Now I’m just holding that cash for a bit.

    • skozzii@lemmy.ca
      link
      fedilink
      arrow-up
      1
      ·
      edit-2
      7 days ago

      This is just the beginning, things are gonna get real bad. The markets are currently priced with tariffs being dropped, if Trump doesn’t actually drop them then there is a ton of room to fall.