r/wallstreetbets • u/CheeseSeason • 19h ago

News Nintendo Halts Switch 2 Pre-Orders After US Tariff Announcement

https://kotaku.com/switch-2-preorder-price-tariff-trump-nintendo-1851774764
2.8k Upvotes

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102

u/karmagod13000 18h ago

I filtered out everything political everything trump and everything musk right after the election. I have now come to the understanding that even if I do not see or hear him, his leadership is so bad its slowly leaks and infects every facet of society and life. ive lost 25% of my portfolio within the last two months and that's after going through every precaution to try and stop form losing too much $

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u/artbystorms 15h ago

If you don't follow politics, politics will follow you

9

u/Mr_Horsejr 14h ago

I wanted to say this but I couldn’t figure out a succinct way. This is flawless.

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u/huehuehuehuehuuuu 17h ago

You can’t afford to not pay some attention. Literally.

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u/DAE77177 16h ago

We cannot afford to sit on the couch for elections

9

u/fairportmtg1 15h ago

They were hoping people would stick their head in the sand.

They are speed running destroying the country right now

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u/trumpuniversity_ 12h ago

When has willful ignorance ever been used successfully by an individual?

1

u/Hot_Impression2163 7h ago

All the time?

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u/BP_Ray 17h ago

Literally me. I filtered as much political stuff as I could, but the problem is this admin is taking such a horrific, nasty shit on everything that even those of us trying to hold our nose and move to an adjacent room can't ignore the horrendous stench.

And we're only 3 months in. Only another 45 to go....

3

u/branyk2 9h ago

Trump's 2 biggest policies for his second term are return to the spoils system and tariffs.

It's interesting that his biggest Presidential idols are Jackson whose spoils system led directly to Garfield's death, and McKinley who was killed before he could put an end to his own tariffs.

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u/DataCassette 16h ago

Yep. You can't ignore the 800lb *****ded gorilla throwing stuff around and shitting everywhere no matter how hard you try

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u/Familiar-Worth-6203 14h ago

Donkey Kong?

5

u/everything_is_gone 9h ago

No idea, can’t afford the game

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u/Specialist-Neat4254 17h ago

I’m in US companies. Solely 100% American companies. With my hedging I’m down 3% this year, could’ve been up way more but decided to take a geeen day to reset my hedges and the stock went up even further causing all my hedges to go significantly red.

Oh well. See you in May when my shares get called away

1

u/colbyshores 6h ago

I’m in international companies and American value companies. Diversified AF.. down 5% across the board every day. Bonds are doing well though. I plan to use those to rebalance in to stocks in the next few weeks.

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u/Malinhion 18h ago

No, you didn't. You should have moved into US value and euro companies. You are too heavily exposed to tech.

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u/karmagod13000 18h ago

can you explain further?

-37

u/Malinhion 18h ago

No. If this doesn't make sense to you, you shouldn't be doing your own trades. If you have your own broker, I would look for a better one.

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u/karmagod13000 18h ago

lol. in other words you dont know what you're talking about

-20

u/Malinhion 18h ago

Says the guy who's down 25%. 👌

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u/karmagod13000 17h ago

lol the s&p is down 13%

everyone is down goofy

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u/suicidaleggroll 14h ago

Only if you’re still invested.  I sold everything in late Feb and moved it all to HYSA and CDs.  For my 401k I reallocated everything to bonds and European index funds.  I’ll owe some CG tax next year, but that’s nothing compared to what I would have lost staying in the market for the last 6 weeks.

I don’t know why other people didn’t sell.  The writing was on the wall for this administration the first week or two after he took office.  You don’t just have to leave your money sitting in the market while it crashes…

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u/Malinhion 17h ago

Not as much as you.

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u/Knaj910 17h ago

Show us your YTD investments

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u/whaddupdood 17h ago

🤡If🤡you🤡keep🤡defending🤡and🤡sucking🤡up🤡to🤡them,🤡one🤡day🤡the🤡elite🤡will🤡accept🤡you🤡as🤡one🤡of🤡their🤡own!🤡