Please be open to feedback and constructive criticism from others, and consider their suggestions and advice when making decisions or forming opinions.
- Manlobbi
Personal Finance Topics / Retirement Investing
No. of Recommendations: 2
Are any of you changing or planning to change your investment strategies in light of the new administration?
On the one hand, it seems having an agent of chaos in the Whitehouse can't be good for the US economy. OTOH...who knows?
What about bitcoin? I have avoided it and feel it can't be a good thing in the long run, but obviously many other people feel otherwise. And now that Trump is grifting huge rewards for his support of it...?
I'm tempted to become more defensive in my investments but there may yet be a lot of upside before what seems like an inevitable reckoning.
No. of Recommendations: 9
Convicted felon and eldery rapist Donald Trump says,
"I’ll demand that interest rates drop immediately, and likewise, they should be dropping all over the world. Interest rates should follow us all over."
Trump looks to ramp up inflation, just like he did last time...
https://www.cnbc.com/2025/01/23/president-donald-t...
No. of Recommendations: 4
My current direction is consistent with what my plan is based on the proposed policies of the new administration. I am entering SS/Medicare age so I am moving to a more conservative profile.
I expect both the change in immigration policy, and the proposed tariffs to be both inflationary and recessionary. This would call for a more conservative investment profile. Perhaps to the extent possible move more equity investments to staples rather than things like travel.
The currently proposed Trump Tariffs are across the board. I suspect the delay is to determine the impact and see if more targeted tariffs will better suit the administrations goals. I also suspect Canada, China, and Mexico have already determined what their retaliatory tariff plan will be. February 1 is not that far away so we will know soon what is happening.
Alan
No. of Recommendations: 4
"I’ll demand that interest rates drop immediately
Trump just keeps confirming that he is a fool. Are you listening MAGA? Of course not.
No. of Recommendations: 4
"I’ll demand that interest rates drop immediately, and likewise, they should be dropping all over the world. Interest rates should follow us all over."
I think we have a sad case here of life (Donald Trump) imitating art (the story of King Canute ordering the tide to go out)
No. of Recommendations: 5
I listened to all of Trump's speech to the World Economic Forum in Davos. He sounded like a complete imbecile. As usual. And the five heads of industry on the panel who listened and then asked questions sure were kissing his ass. Sickening. Though I'm sure that behind closed doors and shuttered cameras they are laughing/crying over what a disaster Trump could be for the the world economy.
No. of Recommendations: 5
I may put stop-losses on all my holdings. I haven't updated them in a while because the Biden economy was doing so well.
I won't be selling everything preemptively. I won't embarrass them, but on TMF I know someone that did that in 2016. A stop-loss only gets me out if things start to drop.
I do have a large cash cushion. Sold some stock a couple years ago for cash (being retired, that's where the money now comes from). Then mom died, and I inherited retirement accounts that I have to distribute. So more cash. Didn't really find anything 'safe', so just kept the distributions in cash (in fact, I need to call Fido and make another one for 2025). I'm distributing it early so we won't get whacked with SS taxes and Medicare premiums.
Bitcoin? Forget that excrement. I will never use it, and will never accept it as payment for anything. Period.
No. of Recommendations: 2
to be honest, the biden economy continues like an bulldozer with almost every reliable fwd indicator.
near-shoring will continue, as intelligent companies want to break from adversarial countries rather than guess what political corruption will enable that trade to be beneficial over the next few decades.
on the other hand, there is a record amount of holdings in short-term cash and MM, despite the u.s. mkt highs, debt and inflation forecasts, and crypto-like insanity easy to find.
the latter tells me, at least on a weighted basis, some (like myself) are not comfortable knowing when the MAGA train derails a functioning economy\society.
https://www.valueplays.net/2025/01/20/the-retail-i...
