I'm more than a little concerned what's going to happen when the US stock market opens again next week.
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I'm more than a little concerned what's going to happen when the US stock market opens again next week. But even if there are muted responses from Wall St or from international markets, I think it's safe bet all the uncertainty and chaos created by this administration so far is soon going to start accelerating the long overdue market correction.
I know this is probably the last thing people want to think about right now with everything else going on, but a ton of people have their retirement savings invested in the stock market. Long story short, if you're fortunate enough to have a retirement fund, it's not too late to reshuffle some of your investments towards bonds and to limit your exposure to the Big 7 tech firms, which may include any holdings in broader market indexes like the NASDAQ.
Treasuries are a no-brainer usually, or even an ETF for short/long-term Treasuries. The 3-month Tbill rate was 4.304 percent at last check. That's assuming this administration doesn't somehow manage to default on its debt payments.
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I'm more than a little concerned what's going to happen when the US stock market opens again next week. But even if there are muted responses from Wall St or from international markets, I think it's safe bet all the uncertainty and chaos created by this administration so far is soon going to start accelerating the long overdue market correction.
I know this is probably the last thing people want to think about right now with everything else going on, but a ton of people have their retirement savings invested in the stock market. Long story short, if you're fortunate enough to have a retirement fund, it's not too late to reshuffle some of your investments towards bonds and to limit your exposure to the Big 7 tech firms, which may include any holdings in broader market indexes like the NASDAQ.
Treasuries are a no-brainer usually, or even an ETF for short/long-term Treasuries. The 3-month Tbill rate was 4.304 percent at last check. That's assuming this administration doesn't somehow manage to default on its debt payments.
@briankrebs SELL SELL SELL
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I'm more than a little concerned what's going to happen when the US stock market opens again next week. But even if there are muted responses from Wall St or from international markets, I think it's safe bet all the uncertainty and chaos created by this administration so far is soon going to start accelerating the long overdue market correction.
I know this is probably the last thing people want to think about right now with everything else going on, but a ton of people have their retirement savings invested in the stock market. Long story short, if you're fortunate enough to have a retirement fund, it's not too late to reshuffle some of your investments towards bonds and to limit your exposure to the Big 7 tech firms, which may include any holdings in broader market indexes like the NASDAQ.
Treasuries are a no-brainer usually, or even an ETF for short/long-term Treasuries. The 3-month Tbill rate was 4.304 percent at last check. That's assuming this administration doesn't somehow manage to default on its debt payments.
@briankrebs@infosec.exchange the first time Trump got elected I moved all my holdings to Canada based funds, and watched as the stock market sailed ahead and left me behind.
Never underestimate just how irrational the stock market can be.
