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Congratulations, you just made the worst argument in the world for the millionth time. "You don't care? That makes you a bad person."
I don't care because I already lived through worse in 08, assorted points during Obama where we nearly "broke the buck", COVID, and most recently at points in 2022 where all the gains of my portfolio were wiped out going back to 2017. These tariff hiccups don't even take my portfolio back to the beginning of 2024.
Also, it's not a loss until you sell. Which if you do, you're a chump. Panic selling the bottom is how they get you.
I don't care about daily stock market swings because they are fucking retarded, and you shouldn't either.
I'm not sure that @newintown is saying that if you don't care, you're a bad person. At least, that's not how I read it. To me it seems that he is pointing out why he cares.
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What the fuck you invested in? Year end 2017 S&P 500 was below 2,700, the low point in 2022 was over 3,500.
Until Trump climbed down today the slide was showing no signs of stopping whatsoever. We're barely more than a week removed from the original announcement.
I will say, having my net worth in term deposits (because I'm a pessimist, if largely for other reasons) has served me well this week.
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Maybe I read too much into it. That just pattern matched to "millions are suffering and I care like a good person should". And I refute both points. Retirement accounts are not lost in a day unless you sell the bottom like a hysterical woman, and we've seen worse event in recent memory, much less living memory.
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I also didn't see your post as insinuating he was a "bad person". I don't know how he came to that conclusion or what he means by that.
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Shit man, if you are 59 years old you really ought to have figured out what a bad person is by now. Or at least have some inkling. I am similarly confused if you meant you don't understand what he meant by 'insinuate you are a bad person'.
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