Still up 17% over 5 years though.
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Of course. In the long-term, things are always fine. Savings or even credit can fill gaps during a storm.
Anyway, that doesn’t make the situation any less interesting. Also, the right time to passive-aggressively quote Mr. Warren Buffett:
Only when the tide goes out do you discover who’s been swimming naked.
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This is brutal. Also, I’m laughing like a maniac:
“Honey, the reason we’re sitting you down today is because even though our life savings isn’t with us anymore, you don’t need to be scared, because it’s now up in the sky where the angels live,” said Allison McKee, putting her arms around a sobbing 10-year-old Harper McKee and assuring her that while their wealth wasn’t coming back, it was smiling down on them from the clouds.
It seems the weekend was FAFO weekend. I was quite busy riding the bike and sleeping drowned in endorphines and Pinot Noir.
Only catching up with the news until today. So, just another case of buyer’s remorse or FAFO.
Billionaire Bill Ackman who was personally injured by wokeness in universities, yesterday from the bad place:
Business is a confidence game. The president is losing the confidence of business leaders around the globe. The consequences for our country and the millions of our citizens who have supported the president — in particular low-income consumers who are already under a huge amount of economic stress — are going to be severely negative. This is not what we voted for.
The President has an opportunity on Monday to call a time out and have the time to execute on fixing an unfair tariff system.
Alternatively, we are heading for a self-induced, economic nuclear winter, and we should start hunkering down.
May cooler heads prevail.
9 months later after endorsing Trump for president, so symbolic, so full of meaning. All because universities went woke:
I am going to formally endorse @realDonaldTrump. I came to this decision some time ago as many X followers have already understood from my supportive posts of Trump and my criticisms of @POTUS Biden.
Today, when one announces an intention to support Trump, Biden supporters who know me tend to assume that I have lost it. I assure you that I have made this decision carefully, rationally, and by relying on as much empirical data as possible.
Please keep an open mind on the upcoming presidential election. Bear in mind that your views on Trump have likely been dramatically affected if you have sourced your info on Trump from mainstream media or friends or family who have relied on mainstream media as a source of knowledge.
The Dow Jones crashed 1,600 points after opening today but now is in a vertical climb, I don’t know why
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Maybe there’s insider chatter that Agent Orange is having second thoughts?
Not optimal. The US has show weakness and vulnerability to the world.
When fight Colombia over some stupid shit, USA won. Mexico and Canada? not much happened, but in the end Mexico and Canada folded.
Picking a fight with the whole world? USA lost…Trump admin had full control, there was no need to get into a situation they needed to backtrack.
Not sure this is even true. This goes against what Trump and Navarro said earlier today.
All bonkers. If there still was an SEC, I am sure they’d be curious.
What a big difference 13 min make. Now, that’s volatility!!!
The fun starts when people playing now lose a bit too much and have to stop playing.
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Well, Trump puts an end to this. The oil and bond markets are screaming recession and this moron is celebrating it.
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Today is now known as “Orange Monday”.
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To be fair, he wanted lower oil prices and lower rates and he looks like he is going to get it.
It looks like lower rates will be more difficult if he pushed the US into inflation.
…one way or another 
I’ve lost ~20% on my diversified ETF portfolio, so my plan is to action 5 more investments into that portfolio spread over the next 3 months to buy more stock.
Basically hold, invest more and hope for the best.
He also wanted to “drill, baby, drill”. Wondering who is going to do that at $60 oil.
And of course the king of debt want lower rates. Always. We will see what the Fed does. Powell said he wants to sit and watch. Not sure where the optimism about four cuts this year comes from. Inflation is at 2.8% still.