I didnt have much to begin with only lost about 12k, I have nothing anyway. My mother lost roughly 100k in her retirement fund from all this crashing. My grandmother even more. How much have you lost in Trump’s Tantrum Tariffs game?

  • StrawberryPigtails@lemmy.sdf.org
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    9 months ago

    Person investing account got drained during my last family emergency, so none.

    401k? Haven’t checked, but probably about 15% since the last time I checked on it, right around the time Trump took office. Probably lost around 2% over the last 12 months based on the S&P 500. Looks like I’m probably still up somewhere between 50 and 90% since I started with my current employer.

    Advice? Don’t panic sell. Odds are pretty good the market will be back up eventually.

    If you’ve the spare cash handy now might be a good time to invest in individual companies with a solid track record of paying out dividends. I generally aim for dividend yields in the 5 to 10% range, but there might be some good bargains right now with higher yields. Just make sure they haven’t announced that they are suspending dividends or going out of business or something.