Will tariffs effect the cost of ASL?

[clubby]

I also enjoy when people say buy on the dip. With what? The money that I left in the market to ride it out two years before retirement? My emergency fund? Take a loan on my paid off house? Buying on the dip only works if you have more money to pump in or you sold and got out. Ask your army buddies how they are buying on the dip.

Personally, I will be buying on the dip because I sold a million dollars and got out. I couldn't sell all of it but I sold a lot of it. Hopefully the dip never comes and I look like a chicken little. But that's money we've worked all our lives for.

 

[LM1234]

All of this is 100% true. None of this addresses time and individual places in life. If I was planning on retiring in 2035, this would just be a blip. I am planning on retiring in 2025, this may mean I have to work a couple more years. If I retired in 2020, this is devastating to my long term financial well being. If I am on a fixed income (Social Security, pension, some other form of retirement that isn't indexed for inflation), tariffs and rising prices are concerning. Recession on the horizon is concerning.

Ultimately, it's more than just math, it's people. No everyone is where you are in life so not everyone's circumstance is the same as yours. Sure, people in your position should be optimistic for all the reasons you cite. For you, it is a long game. But not everyone is where you are and as such, they have concerns you don't have to face yet. For them, the game has mostly been played and they just need the remaining innings to be smooth and comfortable. That's the piece you are missing IMO. -- jim

This is so true. I am retiring in July, I do not have the opportunity to make this money back as I will be withdrawing from my savings to live on. If inflation results it can be very concerning, bottom line is will just have to cut back on nonessential items for awhile to everything calms down. Although new HASLs will be considered essential as long as the wife agrees…..

 

[Treadhead]

-Unless you have an extremely risky profile your $ value is more than it was in April 2024.

Incorrect.

-The drop in 2022 was less rapid but 150% worse than the drop now

Not my portfolio. You are just pulling numbers out of a hat.

-Your $ value should be significantly more now than in December 2022

You kind of sound clueless.

-The market will probably go even lower. Don’t panic. Do what the extremely wealthy do. Don’t look at any of this as positive or negative, look at it as an opportunity to expand when share prices are lower. They will go back up. It is a long game. There is a reason the rich do it over and over again.

This is reasonable advice on the face of it. But based on your comments in this thread, you appear to not know what you are talking about.

There was no reason for the market to go lower in the first place.

All of your statements I quoted above are demonstrably wrong.

 

[Treadhead]

All of this is 100% true.

No it wasn't. Not even close. His statements were way off.

 

[Treadhead]

Will the tariffs directly affect the cost of ASL products?

Don't know.

You got extra money to burn on ASL products? Excellent.
You will have less.

 

[Sparafucil3]

No it wasn't. Not even close. His statements were way off.

Perhaps some of them were. Some of them weren't. But the veracity of his statements--or lack thereof--weren't the central point of my post. -- jim

 

[Fort]

This entire thread smacks of politics and should have never been started here.

 

[MajorDomo]

I bought some Alibaba late Monday.

The sky is falling crowd, some fueled by politcal views is dead wrong.

The US economy is fine, creating jobs and humming along.

Pundits have been opining about the US market being overpriced for two years. Corrections happen.

Rich

 

[hongkongwargamer]

Unless you are an institutional trader, do NOT attempt to buy on the dip. You don’t have nearly as much information, computing power or the clout that the big guys have. Not even remotely close. We say trying to buy on the dip is like trying to catch a falling blade with your fingers.

Try to buy on the way up.

 

[Robin Reeve]

Closing the thread: the situation is uncertain, so nobody can really evaluate how it will develop.
Some posts have been very close to political statements.
Better stop the discussion before it goes south.