Like the down turn in the market back in 2008 or so, I'm going to do the same now even if it feels really kind of scary. I'm getting older and hoping to start phased retirement this year. I didn't watch the balances in 2008 but now I am, I've appreciated the new high but now I've lost more than $50k in the last two weeks. I'm also going to add some additional funds into my Roth. I hope I'm investing in a down turn.
We also bought new ebikes this year. We purchased Aventon bikes and received a free second battery. We were dropped off at the bike shop and rode them home which was a couple of miles. Last week I rode it a couple of miles when the weather was milder than it has been. Today it was warm, I think it broke 50 degrees so rode 12 miles and it was glorious.
March 9th, 2025 at 05:28 pm 1741541307
Of course, if he goads other countries enough to attack us, or launches a war that might not be controllable.
But war is not necessarily bad for the economy, sadly.
I am worried about what he is doing with crypto because I believe it is a pyramid scam to enable money laundering and the US monetary system could be undermined. The cuts to regulations and regulatory agencies are worrisome.
For now, I am holding - my ‘safe’ money is still safe, the rest is riding the ups and downs.
March 10th, 2025 at 03:35 pm 1741620951
March 12th, 2025 at 05:35 am 1741757752
March 13th, 2025 at 11:35 am 1741865733
However, I am also not at all worried about the market. Not losing a single second of sleep at all. The US economy has survived from both the Covid lockdown, as well as the House market bubble burst before. Both events were extraordinary in that it has never happened in the US's history before. Therefore, I fully believe the economy should be able to weather latest Trump-induce tariff clown show as well.
In an ideal world, nobody would be dumb enough to shake your own money-maker tree in the first place, but we don't always get what we want, only what we end up with.