This administration is making moves that are directly impacting the price of goods and the stock market. The market will recover, hopefully soon, but what's the plan?
Here's where my head's at:
*The tariffs will get taken off the table once this administration finds a way to spin this into a win. I don't know how it will happen, but I can't see this continuing. Maybe I'mbeing naive but even Trump can't withstand the blowback from a market in free fall.
*Taking money out of the market and redeploying it into other investment vehicles is a bad idea. If you miss out on the rebound day, you'll negatively impact your return in the end.
*I normally like to buy the dip (as I did yesterday), but I don't have enough cash to keep going. I think I'll hold off on any more purchases outside of my 401k.
*If this goes lower tomorrow and next week, I will increase my 401k investment contribution to take advantage of the "sale".
*Still holding on to the I Bonds, and I think I will continue to hold rather than selling. Looks like inflation is ramping back up.
Here's where my head's at:
*The tariffs will get taken off the table once this administration finds a way to spin this into a win. I don't know how it will happen, but I can't see this continuing. Maybe I'mbeing naive but even Trump can't withstand the blowback from a market in free fall.
*Taking money out of the market and redeploying it into other investment vehicles is a bad idea. If you miss out on the rebound day, you'll negatively impact your return in the end.
*I normally like to buy the dip (as I did yesterday), but I don't have enough cash to keep going. I think I'll hold off on any more purchases outside of my 401k.
*If this goes lower tomorrow and next week, I will increase my 401k investment contribution to take advantage of the "sale".
*Still holding on to the I Bonds, and I think I will continue to hold rather than selling. Looks like inflation is ramping back up.
