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[Pain] HUGE, self-inflicted Recession incoming due to Trump/Musk

Discussion in 'BBS Hangout: Debate & Discussion' started by SamFisher, Feb 18, 2025.

  1. ElPigto

    ElPigto Member
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    Sorry man. Hope that some by miracle these tariffs do work and you get to retire by the end of year.
     
    astros123, HP3, ROCKSS and 2 others like this.
  2. deb4rockets

    deb4rockets Member
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    I thought stros was Around the World. One left and one appeared.
     
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  3. Reeko

    Reeko Member

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    Trump and the rest of his unqualified moronic regime poured gasoline all over the carpet, all over the cabinets, doused the stairs and the couch, and are running around with a lit match…all the other countries did a Usain Bolt dash out the door leaving America alone locked in the house with the Buffoon in Chief

    [​IMG]
     
    Beezy, astros123, cheke64 and 3 others like this.
  4. adoo

    adoo Member

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    very perceptive, StrosB4Bros = CircleTheDrain
     
    astros123 likes this.
  5. SamFisher

    SamFisher Member

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    Unfortunately, most people's retirement plans (401k/ira) dont' allow to really hedge against this stupid bullshit. YOu can do some stuff like move to fixed income, but you can't buy puts or short things, which would really help people tread water.

    If i were retiring this year I woudl take some money out and put it in a trading account & use it to buy puts that offset against the huge-ass losses the MAGA morons are inflicting on us, but that's harder to do now that we already chopped 25% off all the indexes because of moron Trump voters. Also just buy some TSLA puts on general princple, they are still way overvalued and may never sell another car outside the US again.
     
    astros123, cheke64, ROCKSS and 2 others like this.
  6. No Worries

    No Worries Member

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    I am a pretty unsophisticated investor and not a market trader at all. I buy and hold index funds across asset classes. And I only check my balances on the quarter, so I will not be peaking until July 1.

    I do know enough to grok most of what you wrote. Options are the way to hedge this market. If I had traded options when I was younger, I would have the experience and confidence to trade them now. :shrug: Not my wheelhouse.
     
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  7. Buck Turgidson

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  8. ROCKSS

    ROCKSS Member
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    Dam bro, I have 10 years left to retire and I am really nervous, I hope all goes well for you!! My 401K has been on a tear for a decade and in the past month I have lost a ton, told my maga cousin and his response was, "we`ll the market wasn't going to go on like that forever and had to reset, you`ll thank trump in a few years".............................LOL :D Oh My........................ummmmmmm I thought we were gonna do all this winning that we would get tired of it. I have no clue if I will be able to retire in 10 years
     
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  9. Marshall Bryant

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    Depends. If it's an over reaction, it's a buying opportunity. That good. If it's because Soros died, well that would be a good thing too.
     
  10. mvpcrossxover

    mvpcrossxover Member

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    Idk how anyone is willing to retire the next 3 yrs.

    As a millennial on the younger side, I'M TIRED!
     
    krnxsnoopy likes this.
  11. Andre0087

    Andre0087 Member

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    How Christian of you! I’ve gotta say I’ll be celebrating when Trump and Musk take their final breaths and we can be rid of these two shitstains forever.
     
    Manny Ramirez, Beezy and krnxsnoopy like this.
  12. deb4rockets

    deb4rockets Member
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    Remember back in November when he was telling all his golf buddies that he’s putting away his clubs to focus on the country? He had said that between the security threats and the need to kick his administration into high gear, he won't have enough time for golf the way he has had in the past.

    What a crock of BS. He's such a pathological liar.

    I don't know how many weekends he's spent golfing and grifting at his resorts, but it seems like almost every weekend. The cost to taxpayers was already over 26 million last week.

    He couldn't even bother attending the dignified transfer today of the four American soldiers who died during a training exercise in Lithuania last week, and he's the Commander in Chief.

    He's too busy wining and dining with the Saudis, grifting, and golfing at his resorts and golf clubs, and booking up his resorts with politicians, foreign leaders, high paying donors, MAGA loyalists, lobbyists, and businessmen willing to pay for favors, endorsements, policies, and power.

    He makes millions off of it. After all, candidates and public officials patronizing his businesses is almost expected as a test of their loyalty, or those wanting to negotiate with the wannabe King, who calls himself the Chosen One.

    Blood sucking leeches don't change their habits, they just find another person to prey on.
     
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  13. krnxsnoopy

    krnxsnoopy Member

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    I hope the most devoted Trumpers put their life savings into TSLA stock
     
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  14. krnxsnoopy

    krnxsnoopy Member

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    It's just a bit of market noise brother, no need to panic.

    This could be a once-in-a-lifetime chance to put your life savings into the stock market to get an easy peasy 2x or 3x on your outlay. Invest BIG and watch your portfolio skyrocket! Multi-millionaire status might be closer than you think!
     
    astros123 likes this.
  15. Nook

    Nook Member

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    “It’s a big arrow - the biggliest arrow. It’s great, it’s just resting. The arrow is resting so it can point up towards Space X. Elon is making us a better arrow - best ever. Just you wait - greatest arrow ever. The patient is alive and Chiiina is running scared and Canada is preparing Greenland where the new Whitehouse will be. No tax money paid for by that gay robot from Facebook and Elon’s friends from South Africa.”
     
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  16. TheRealist137

    TheRealist137 Member

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    You can thank his voters too. Blame them that you have to suffer.
     
  17. No Worries

    No Worries Member

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    I am certainly not the only person in this soon-to-retire boat.

    I also suspect that anyone who has retired in the last 5 years (in their go-go retirement years) are ****ed as well. All of their planned vacations either have to be canceled or cut back.
     
    ElPigto likes this.
  18. Commodore

    Commodore Member

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  19. tmoney1101

    tmoney1101 Member

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  20. Marshall Bryant

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    My memory is too long. I remember when the Dow first went over $1,000 so I've seen excesses both ways many times. The only ones who get hurt consistently are those following the advice of experts.
     

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