r/wallstreetbets • u/ihasanemail I am a huge prick. Welcome to r/wallstreetbets • 1d ago

Discussion -$596,000 today after tariff announcement. Purely coincidental the Wendy's app is hooking me up with a $1 JBC for dinner.

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u/ihasanemail I am a huge prick. Welcome to r/wallstreetbets 1d ago

Was hiking the Enchanted Circle in New Mexico with no Internet. I wouldn't have sold anyway, tbh. I buy and forget it forever usually.

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u/HamM00dy 1d ago

I mean where else you going to put the money? Stocks go down then stocks go up. You don't just massively sell and pay insane amount of tax just because orange man. I'm also down like 22% since Jan.

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u/FunWeary2535 1d ago

Some stocks take 5plus years to recover from a 50% loss &some don’t recover at all. Do you know the long term effects of tariffs on the companies that you’re holding? Nope.

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u/Ok_Cartoonist1167 1d ago

At that nw, he definitely has a brokerage that manages his money. Atleast I do and they handle all that. This is unprecedented and mass selling when pres flips on a dime is a silly strategy