*NOT financial advice* - I just exited both of mine to roll to an investment IRA and have been talking with an investment planner on next steps. Perhaps there's a rebound coming and all of this pomp and circumstance will be enough to awaken his supporters and he'll reverse things. 1/2
Ok. Thank you so much. I’m going to read the article. My FA voted for trump I’m pretty sure 😫
Sorry to hear. Yeah, talk to a professional at this point. Though they are all admittedly scared shitless of what's going on as well but at least they can advise on safe ways to protect your hard earned $$$.
Wish I could edit these posts, should say I exited my 401ks *in last 2 weeks* so avoided this downturn, it was luck. Working with an investment planner so liquidated to roll into an investment IRA. Thankfully my timing was spot on. Anyone who didn't should get financial advice from a pro, not me.
We met with him weeks ago for this very reason and he said we were fine 😭
Yikes... Time for a new one? Sorry to hear. Find out who they supported in the election. Some otherwise very intelligent people have been fooled by this moron & will believe all the shit he spews. I try to find out who they voted for with innocuous questions & if they lean Right I'm done w/them.
Hard to say but there's enough history to see patterns. Admittedly it is a bit of a conspiracy theory to say it was intentional, but the conditions now are eerily similar to then. Interesting article on it: time.com/5707876/1929...