Plus, there's not really much you can do about it, apart from opt to work longer, so why worry / fret over something you can't change. Remember, investments always go up and down.
The only thing I could realistically do about it would be to consolidate away from the under performing one. Many people say its better to consolidate but I don't buy that myself. I like the fact that job changes and mergers / company buy outs have resulted in me having several of them. Seems to spread the risk. I could choose to get one of them to move the funds into safer investments for example and leave the others in higher risk / reward investments. Almost sounds like I have the faintest idea what I am doing. I don't really.
Importing cheap goods is just outsourcing your low paid, low quality jobs to other countries. Many people can’t get their head around that though.
Gets interesting around 14 minutes in...... Heritage Foundation and Project 2025 theories.......we ain't seen nothing yet with Trump. It may well all be wacko, but how do you tell the current situation from wacko.
So now he's playing tariff chicken with China. I can't see China backing down, it's much easier to hold the line when you're a totalitarian state and don't have to worry about things like winning elections. Trump might not be far off getting defenestrated if he doesn't back down.
The silly cun7 is going to start a real war, let alone a trade war. I guess governors and senate don't get a say anymore? We are just at the whim of a dictator. I'd like to think someone will have a word in his shell-like but I'm not holding my breath.
It's ok, he says it's working. People are happy. Countries are falling over themselves to give the US more trade. There's no problem with shares, stocks and bonds. The world is going to be great again. Musk is fine with having $31bn wiped off his fortune this week. Zuckerberg doesn't mind shedding $27bn of his fortune either. I'm not sure he'll last the year at this rate, especially given his health which will likely suddenly take a turn for the worse.
A year is generous. I think he's in big trouble if he doesn't back down within a month, possibly even a fortnight. He's absolutely Trussing it, but is a lot harder to force out. I genuinely wouldn't be surprised if he's dead by the end of summer.
Read a very disturbing book called "Putin's people". Whole chapter devoted to the orange man baby. Crap businessman rescued with shady Russian money since 1990 all with direct links back to soviet intelligence.
I can’t wait to see what the good old US of A do when China hold back on the precious minerals that they control, which I believe is over 70% of the worlds supply. No wonder Trump wanted the deal with Ukraine
Ok, I liked this post before I read the last line. I did say to Will earlier that I wonder how hard it is to get rid of him using their system. Truss was gone in 49 days, because of what she did to the stock markets, which I would never have believed possible. Money talks. He has surrounded himself with yes men though and I don’t know their system well enough to know how possible it is to get him out.
The Fed is going to have to cut interest rates to deal with this uncertainty. And thus weaken the dollar. He’s getting what he wants but only a total narcissist would do it in a way that affects billions of people’s lives.
