solarbird: (korra-on-the-air)
solarbird ([personal profile] solarbird) wrote2025-04-03 11:26 am

burn baby burn I guess

Remember kids, the phrase you’re looking for is:

“Why are you complaining? This is exactly what you voted for, you stupid-ass motherfuckers.”

inb4 “most people don’t have stock”: then just wait’ll the inflation hits.

Morons.

MarketWatch showing the DJIA down 3.%, the S&P 500 down 4.25%, the NASDAQ down 5.6%, with the headline "$2.5 trillion in stock-market value wiped out as investors react to Trump tariff plan."There is a "Latest News" entry of "'I'm sweating': I bought Trump's DJT stock and I'm down 50%. What should I do now?"

Posted via Solarbird{y|z|yz}, Collected.

kayla_allen: Kayla wearing a red-brown wig with layered highlights, a red skater dress, and a multi-threaded necklace (Default)

[personal profile] kayla_allen 2025-04-04 02:15 am (UTC)(link)
My retirement is primarily my 401(k) plan. I did take a little bit out recently just after I became eligible to do so (paying off high-interest debt having a good payback value), but I'm worried that its value will be destroyed by the stock market tanking and inflation wrecking the value. But I don't like the idea of rushing into gold, because Gold Bugs always strike me as insane monomaniacs.

I'm less than ten years away from nominal retirement, and even if the Orange One drops dead tomorrow, I'm worried at how long it will take to repair the harm he has already done to this country.
arethinn: glowing green spiral (Default)

[personal profile] arethinn 2025-04-09 06:06 am (UTC)(link)
Yyyeah... my retirement account lost $40,000 in value during the last 30 days because of this 🫠
kayla_allen: Kayla wearing a red-brown wig with layered highlights, a red skater dress, and a multi-threaded necklace (Default)

[personal profile] kayla_allen 2025-04-09 12:17 pm (UTC)(link)
I get it. Mine lost a year's worth of income in the first couple of days. It hasn't continued on that calamitous of a pace; I assume that the fund managers have been rushing money into safer investments to slow the hemorrhaging.