Replies: 43
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1st Rounder [641]
TigerPulse: 66%
Posts: 634
Joined: 3/14/04
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The Trump Slump has killed my portfolio. Anyone else?
Mar 27, 2020, 12:04 PM
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110%er [5043]
TigerPulse: 88%
Posts: 8301
Joined: 12/9/12
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Re: The Trump Slump has killed my portfolio. Anyone else?
Mar 27, 2020, 12:07 PM
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Are you sure it wasn’t this current pandemic?
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Orange Blooded [3850]
TigerPulse: 100%
Posts: 5060
Joined: 9/10/01
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my 401 is taking a beating but other stock is fine***
Mar 27, 2020, 12:08 PM
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All-TigerNet [10134]
TigerPulse: 100%
Posts: 8862
Joined: 7/20/12
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Re: The Trump Slump has killed my portfolio. Anyone else?
Mar 27, 2020, 12:08 PM
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You misspelled Choronovirus! Fixed it for you!
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All-TigerNet [13038]
TigerPulse: 100%
Posts: 22361
Joined: 4/24/04
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As did you
Mar 27, 2020, 1:37 PM
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CU Medallion [65536]
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Posts: 33282
Joined: 12/3/03
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Mine as well, but I tend to be pragmatic. The Stock Market
Mar 27, 2020, 12:08 PM
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these days gets upset if butterflies produce flatulence in a faraway meadow, but recovers just about as quickly. As soon as there is light at the end of this tunnel, it will rocket back up almost as fast as it went down. As long as we can afford to just "let it ride", we'll be fine.
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Orange Blooded [4791]
TigerPulse: 99%
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Re: The Trump Slump has killed my portfolio. Anyone else?
Mar 27, 2020, 12:09 PM
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You clearly lack the capacity for investment. I'd suggest you bury your pennies in a mason jar in the backyard.
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CU Medallion [55433]
TigerPulse: 100%
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Joined: 7/18/07
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Re: The Trump Slump has killed my portfolio. Anyone else?
Mar 27, 2020, 12:40 PM
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I suggest you do with yours as you please, and others will do the same. But I will add, I've never been the type that wanted to see bad things to happen with others, and will always wish others the best of luck, as I do for you!!!
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110%er [9667]
TigerPulse: 100%
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Joined: 9/10/99
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Oh yes. Including 401K, I'm down 25% in 4 weeks. Trump is a
Mar 27, 2020, 12:13 PM
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jerk for unleashing this virus upon us!
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CU Medallion [64593]
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You should sue China for everything they've got***
Mar 27, 2020, 12:18 PM
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CU Medallion [55433]
TigerPulse: 100%
Posts: 58433
Joined: 7/18/07
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Re: The Trump Slump has killed my portfolio. Anyone else?
Mar 27, 2020, 12:32 PM
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We haven't even looked or ask, and hopefully by us only investing in low risk stock saves us from losing everything!!!!!!!!
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Orange Blooded [2663]
TigerPulse: 76%
Posts: 4303
Joined: 1/4/07
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Re: The Trump Slump has killed my portfolio. Anyone else?
Mar 27, 2020, 1:30 PM
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I'm invested in what I assumed was a portfolio built for a recession, and I've been hammered. Everything is down, pretty much indiscriminately.
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Mascot [24]
TigerPulse: 54%
Posts: 60
Joined: 3/13/14
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Re: The Trump Slump has killed my portfolio. Anyone else?
Mar 27, 2020, 12:42 PM
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Hey ########, labeling this Trump’s slump is about as accurate as naming it Pelosi’s pandemic.
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Standout [347]
TigerPulse: 84%
Posts: 1062
Joined: 7/1/19
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If Trump wants all the credit for the stock market rise the last few years
Mar 27, 2020, 1:04 PM
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(remember he even autographed a chart of a recent stock market increase), then he has to take full credit for the fall too. Can’t have it both ways.
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All-TigerNet [10906]
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Posts: 12989
Joined: 8/4/14
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Every president for the past 100 years, has gotten more
Mar 27, 2020, 1:18 PM
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credit than they should, when the market goes up, and more blame than they should, when it goes down!!!
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Standout [347]
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Joined: 7/1/19
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I agree. But he actively claimed the credit for the increase,
Mar 27, 2020, 1:21 PM
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so we can all blame him for the drop too.
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Orange Blooded [3974]
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Joined: 3/1/05
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I did not like trump. I did not vote for him. He did create some of the market increases
Mar 27, 2020, 1:28 PM
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There’s little denying that. The stock market really liked the tax cuts that he proposed, he turned out to be right about lowering interest rates, and even the tariff situation really proved him right in the longer run so it created some volatility at the time.
He also has been putting a major emphasis on doing more manufacturing here in the United States which I think we can all agree would be a good idea at this point. To have more of the supply chain here as opposed to being as reliant as we have been on international trade is probably something that’s going to be followed through with.
Whether you like it or not, he definitely had more to do with it going up when he does it’s going down now. It’s not a matter of all or nothing of course, that’s a childish conversation.
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Orange Blooded [3974]
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Joined: 3/1/05
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Voice texting problems but you know what I mean.
Mar 27, 2020, 1:30 PM
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He had more to do with it going up than he is having to do with it going down.
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CU Medallion [57164]
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Re: Voice texting problems but you know what I mean.
Mar 27, 2020, 2:36 PM
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Not to those with the Derangement Syndrome.
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Standout [347]
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It is, but he’s childish for saying it’s all do to him. I agree, he did
Mar 27, 2020, 7:21 PM
[ in reply to I did not like trump. I did not vote for him. He did create some of the market increases ] |
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help it go up. No argument there. Especially from the tax cut, gave corporations much more cash to invest. However he inherited a lot of positive momentum as well. I disagree on the tariffs, think that was a terrible move and hurt America. It helped Vietnam, Indonesia, etc, but hurt many US businesses. Also I’m not a huge fan of being manufacturing back to the US. This is an outlier, and not something we should rebuild our economy around. We got to extremely low unemployment without bringing manufacturing back to the US, and by keeping it overseas, kept the costs of goods down and made products more affordable for Americans. I’m all for keeping it in Asia.
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Standout [347]
TigerPulse: 84%
Posts: 1062
Joined: 7/1/19
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*coronavirus is an outlier***
Mar 27, 2020, 7:22 PM
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CU Guru [1934]
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Posts: 1126
Joined: 7/31/08
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Re: The Trump Slump has killed my portfolio. Anyone else?
Mar 27, 2020, 12:43 PM
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We took a look at our portfolio a few years ago and diversified quite a bit, as we are quickly approaching retirement age. We haven't made quite as much in the last few years, but have done OK. Our advisor called us last Friday (that took a lot of nerve on his part) and we are down about 20%. Not as bad as we feared. I do think it will come back to regain at least some of what it lost. The key is not to panic and sell out. We are just hanging tight.
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Mascot [24]
TigerPulse: 54%
Posts: 60
Joined: 3/13/14
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Re: The Trump Slump has killed my portfolio. Anyone else?
Mar 27, 2020, 12:50 PM
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Hey NumbN-ts, labeling this Trump’s slump is about as accurate as naming it Pelosi’s pandemic.
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110%er [5977]
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Posts: 6620
Joined: 11/30/98
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You haven’t lost anything until you sell.
Mar 27, 2020, 12:55 PM
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Orange Blooded [3728]
TigerPulse: 100%
Posts: 3532
Joined: 11/30/14
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Re: The Trump Slump has killed my portfolio. Anyone else?
Mar 27, 2020, 12:59 PM
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Typical Dem, post something really immature and just leave like he/she did something nobel.
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110%er [6153]
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Joined: 2/15/11
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The Trump JUMP built your portfolio***
Mar 27, 2020, 1:01 PM
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Hall of Famer [23112]
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Joined: 1/15/11
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GDPOSLFU
Mar 27, 2020, 1:05 PM
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Orange Blooded [3338]
TigerPulse: 100%
Posts: 2266
Joined: 1/3/11
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Nice try, DJIA is still 2K above when he took over
Mar 27, 2020, 1:16 PM
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The reason your investments are down is because you didn't see what everyone else saw before stock prices plummeted (the initial reason they plummeted was the sell-off itself). I, personally doubled my investments in the last week. I took everything out and PUT it into bonds a week before everything hit hard. Then I bought BP, XOM, CVX, AAL, USO, BA, DAL, CCL, RCL, NCLH on Thursday. I sold them all (except USO) yesterday afternoon after more than doubling (didn't want to be greedy). Now, I'm back in a 50/50 mix of bonds and large cap.
For the record, I didn't vote for the guy. But, I see no need to try to blame the current administration on something as unavoidable as this. It comes off as petty.
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Hall of Famer [23112]
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Joined: 1/15/11
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Dow: 17,930.67 On Election Days
Mar 27, 2020, 1:43 PM
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Market shot up the next day just on his election, we'll be at 30,000 plus by the end of this year.
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CU Medallion [73569]
TigerPulse: 100%
Posts: 78044
Joined: 11/30/98
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Are we still allowed to troll during lockdown?***
Mar 27, 2020, 1:19 PM
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110%er [5093]
TigerPulse: 42%
Posts: 17074
Joined: 7/19/05
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Re: The Trump Slump has killed my portfolio. Anyone else?
Mar 27, 2020, 1:24 PM
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Was the first time in my adult lifetime watching my net worth evaporate.
Hopefully it bounces back like it always does.
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All-TigerNet [13038]
TigerPulse: 100%
Posts: 22361
Joined: 4/24/04
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Yeah you probably missed the 08/09 crash
Mar 27, 2020, 1:41 PM
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I remember most stocks down like 50-60%.
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CU Medallion [73569]
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Posts: 78044
Joined: 11/30/98
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same for after 9/11***
Mar 27, 2020, 1:42 PM
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Legend [16158]
TigerPulse: 90%
Posts: 26449
Joined: 11/18/03
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Orange Blooded [2663]
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Joined: 1/4/07
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Re: The Trump Slump has killed my portfolio. Anyone else?
Mar 27, 2020, 1:27 PM
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down roughly 15k, but I'm far enough away from needing the money to where I'm just riding it out.
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Orange Blooded [4510]
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Posts: 3211
Joined: 12/12/04
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The Trump economy
Mar 27, 2020, 2:09 PM
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is the reason you had much to begin with.
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110%er [5579]
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Joined: 10/3/03
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It reminds me of that time George Bush ordered
Mar 27, 2020, 2:12 PM
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...Hurricane Katrina to hit New Orleans.
Trump is definitely responsible for your 401k losses. Great points all around. ??
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1st Rounder [641]
TigerPulse: 66%
Posts: 634
Joined: 3/14/04
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First rule of leadership: Everything is your fault.***
Mar 27, 2020, 2:28 PM
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CU Medallion [57164]
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Joined: 11/12/04
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Re: It reminds me of that time George Bush ordered
Mar 27, 2020, 2:40 PM
[ in reply to It reminds me of that time George Bush ordered ] |
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W’s fault was he didn’t fix all the levees that Bill Clinton didn’t fix, when he knew something like Katrina could happen.
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All-In [27366]
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More like the "Trump Dump", except it
Mar 27, 2020, 7:12 PM
[ in reply to It reminds me of that time George Bush ordered ] |
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has nothing to do with him and everything to do with a private international banking cartel controlling our monetary system since 1913 and building the greatest debt bubble in world history that was already beginning to pop before anyone here new what was going on in Wuhan.
The fed was pumping hundreds of billions of dollars at a time into the market since last fall just to prop it up. It's putting trillions in it now.
Prepare thyselves.
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All-In [40100]
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no I waited for all the chicken littles to panic and sell for cheap.
Mar 27, 2020, 2:42 PM
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Will be worth the same and more by end of the year.
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110%er [7555]
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Joined: 6/8/05
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Re: The Trump Slump has killed my portfolio. Anyone else?
Mar 27, 2020, 2:59 PM
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Don’t worry Trump will bring the stock market and economy back stronger than ever.......his policies are what made it strong before and he will bring it back again.....thank God he is our President.....Go Tigers!!!!
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Rock Defender [54]
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Re: The Trump Slump has killed my portfolio. Anyone else?
Mar 27, 2020, 3:07 PM
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Market nosedive not trumps fault. No president has much impact on market ride up or down. That’s good news as we hope to have a market driven by fundamentals. Increasing count of virus cases will have an impact on market.
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CU Guru [1043]
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Re: The Trump Slump has killed my portfolio. Anyone else?
Mar 27, 2020, 3:10 PM
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Def not Trump's fault. Since his approval ratings are higher than ever, hopefully he will help your portfolio the next 4 years when he wins in November!!!
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Replies: 43
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