MuleyFever
WKR
I read China raised their tariff on US goods to 125%.
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Yup, and U.S. raised to 145% on Chinese goods...who will blink first?I read China raised their tariff on US goods to 125%.
Wild game of chicken going on.
I dont see any market reaction either. Guess its baked in to the craziness already.It really is. At this level of tariffs on the China side, the US export market to China is pretty much dead.
Frequently trading stocks, especially right now, is practically gambling at the casino. Since you used the word '401', I would strongly suggest starting here ( https://www.bogleheads.org/wiki/Bogleheads®_investing_start-up_kit ) and look into a 3-fund portfolio for your retirement. . What is your firm charging you in management fees? Those fees will compound over time and can be a considerable chunk of your retirement. Decide on your risk appetite, time until retirement, and set your asset allocation in stocks (US vs international) and bonds. Choose some index funds with low fees and let it ride. Statistically, you will never beat the market long term.I’ve been lurking here trying to figure this trading stuff out. I gave my 401 portfolio to a finance firm to manage, but am thinking of maybe diving into the market with some extra money on my own. That said I’m not going to do anything in the current environment. I’ve got a thousand questions on how this all works. First off my mother died last month and my father decided he want to sell their joint stock. He had to get a medallion to do that. It was around 1200 shares of a bank stock. Do all you guys need to do that with all these transactions you are discussing or is there some type of limit that triggers this
Frequently trading stocks, especially right now, is practically gambling at the casino. Since you used the word '401', I would strongly suggest starting here ( https://www.bogleheads.org/wiki/Bogleheads®_investing_start-up_kit ) and look into a 3-fund portfolio for your retirement. . What is your firm charging you in management fees? Those fees will compound over time and can be a considerable chunk of your retirement. Decide on your risk appetite, time until retirement, and set your asset allocation in stocks (US vs international) and bonds. Choose some index funds with low fees and let it ride. Statistically, you will never beat the market long term.
edit: I see you are talking about money outside your retirement. disregard my rant. still, I hate to see retirement money lost on overly active management and associated fees.
Everyone else here is smarter than me on this stuff but if you are going to put some “fun” money in and you don’t need it until your 59-1/2 I would recommend a Vanguard Roth or any other Roth. Might as well take advantage if the no tax growth of a Roth imo.I’ve been lurking here trying to figure this trading stuff out. I gave my 401 portfolio to a finance firm to manage, but am thinking of maybe diving into the market with some extra money on my own. That said I’m not going to do anything in the current environment. I’ve got a thousand questions on how this all works. First off my mother died last month and my father decided he want to sell their joint stock. He had to get a medallion to do that. It was around 1200 shares of a bank stock. Do all you guys need to do that with all these transactions you are discussing or is there some type of limit that triggers this
Third the recommendation for bogleheads.org (getting started). This is a trading thread, which is a good time, but if you are just getting started you should really get your money into a simple 3-fund portfolio. Or even a a cheap target date 1-fund. Paying someone to do that for you has a huge negative impact on your returns over time. Like, a 1% regular fee can cut your retirement portfolio in half by the end of it.I’ve been lurking here trying to figure this trading stuff out. I gave my 401 portfolio to a finance firm to manage, but am thinking of maybe diving into the market with some extra money on my own. That said I’m not going to do anything in the current environment. I’ve got a thousand questions on how this all works. First off my mother died last month and my father decided he want to sell their joint stock. He had to get a medallion to do that. It was around 1200 shares of a bank stock. Do all you guys need to do that with all these transactions you are discussing or is there some type of limit that triggers this