r/WallStreetbetsELITE • u/BalancedGuy1 • Mar 06 '25

MEME Trump and Dump

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18.3k Upvotes

97% Upvoted

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5

u/Usakami Mar 06 '25

Yeah, I invested into American stocks a few years ago. Under Biden, it went 17 percent up in the 2 or so years, then I lost 6 percent in a span of 3 days... Trump is going to be the end of everyone. Sold while I'm still in the positives.

1

u/greysnowcone Mar 06 '25

The 52 week low for the S&P500 is 493. If you can’t handle 6% you aren’t ready to invest.

1

u/oimly Mar 06 '25

What is happening right now is literally due to the moronic actions of drumpf. This is not normal stock market behavior and a very good reason to pull out when you are ahead, because some of these might never recover.

1

u/Usakami Mar 06 '25

I mean, Warren Buffet has been selling since late last year, I guess he wasn't ready to invest money. Sure, I'll trust a random person on the internet instead...

Trump is tanking the economy. No one is going to play this dumb game with him, where he threatens tariffs, then takes it back, then again. USA lost any credibility because of him, as a trading partner, as an ally.

0

u/hunterd412 Mar 06 '25

Right now is the time to buy more

4

u/Usakami Mar 06 '25

It's going to keep falling down. If you want to risk it, wait for the bottom... Once the billionaires begin buying.

1

u/hunterd412 Mar 06 '25

If I could time the market like that I’d be one of the billionaires haha

2

u/VitaminOverload Mar 06 '25

Tariffs just got started for real, this is not the bottom

1

u/hunterd412 Mar 06 '25

Please someone figure out how to identify the bottom so I can get rich

2

u/[deleted] Mar 06 '25

Oh no... you should wait until this guys decisions really hit the economy. It'll be down a whole lot more.

1

u/hunterd412 Mar 06 '25

I can’t wait to buy even cheaper

2

u/[deleted] Mar 06 '25

Wait like a good 2 years

1

u/Handsaretide Mar 07 '25

Not unless you wanna lose about 15% or more of what you throw in. Markets are collapsing, recession by April possibly Depression by August