January '25 Inflation highest in a year

[QuarterMillionMan]

Yesterday w/the sell off I bought more NVDA at $113 and TSLA at $280. If the sell off continues today I'll buy more. On CNBC's Street Signs (focuses mainly on the European markets) the Dow's implied open is only expected to be - $15. I like big corrections like neggie $1500, not this small - $15 drops.

[QuarterMillionMan]

Today on CNBC's World Wide Exchange, Canada, Mexico, and China tariffs. A necessary evil which will cause inflation at first but eventually if reciprocal tariffs causes lower tarriffs in the long run inflation will drop. So before everyone gets in a tizzy, relax this is the bitter pill that needed to be taken in order to lower inflation. You cannot keep kicking the can down the road and be taken advantage of and be raped, pillaged, and plundered. You have to take the bitter pill to make things better.

[EasyMoney00]

No one likes to see the market drop but if you're on the fence or in the market for some Roth conversions, it may be a good time...now, or in the near future.

[ua_guy]

Let's go Tariffs!!

Raising prices for everyone while punching our own economy in the gut...and for what?

[ua_guy]

Trump Tariffs have so far erased $3.6 Trillion in market value as of this morning. Oof.

[QuarterMillionMan]

I personally think the tariffs is being used as a negotiating tool, it is uncomfortable and you may be thinking of running to the hills but you have to take a step back and realize there has to be a little bit of pain and unwinding of big government. We are playing high stakes poker pushing our stacks all in. Tariffs will hurt them more than it'll hurt America. This is a tactic of longer term gains IMHO.

[ua_guy]

I personally think the tariffs is being used as a negotiating tool, it is uncomfortable and you may be thinking of running to the hills but you have to take a step back and realize there has to be a little bit of pain and unwinding of big government. We are playing high stakes poker pushing our stacks all in. Tariffs will hurt them more than it'll hurt America. This is a tactic of longer term gains IMHO.

What are we negotiating? Nafta was renegotiated as USMCA, a trade agreement which favors the US, and which was insisted upon by Trump. He's violating the very agreement he negotiated. Our trading partners within USMCA are absolutely correct to call this a violation.

What are the deliverables from Canada and Mexico in this latest "negotiation"?

How's your Tesla stock doing?

[Petunia 100]

I personally think the tariffs is being used as a negotiating tool, it is uncomfortable and you may be thinking of running to the hills but you have to take a step back and realize there has to be a little bit of pain and unwinding of big government. We are playing high stakes poker pushing our stacks all in. Tariffs will hurt them more than it'll hurt America. This is a tactic of longer term gains IMHO.

What makes you think tariffs will hurt our partners more than us?

[EasyMoney00]

I know it's now controversial to talk about finances and investing strategies on here, but this may be a great time to re evaluate risk tolerance (AA) for some folks.

I still have a good 13 years before we would possibly need to sell some of our shares for cash. I'm staying put with an aggressive asset allocation.

[ua_guy]

I know it's now controversial to talk about finances and investing strategies on here, but this may be a great time to re evaluate risk tolerance (AA) for some folks.

I still have a good 13 years before we would possibly need to sell some of our shares for cash. I'm staying put with an aggressive asset allocation.

This is likely a 2-year problem at most, maybe 4 years. I'm staying put with my foot to the floor, but losing 2-4 years of growth isn't good for anyone in these markets. Pretty scary for people who are retiring right now, though.

[Fishindude77]

Price of oil is down almost $10 per barrel from high of Jan 15th. That's good for everybody.
Energy affects the cost of nearly everything and oil is a major factor.

[ua_guy]

Price of oil is down almost $10 per barrel from high of Jan 15th. That's good for everybody.
Energy affects the cost of nearly everything and oil is a major factor.

Demand has weakened (slowing economy) and Opec+ committed to hiking supply. https://oilprice.com/Latest-Energy-N...s-Markets.html

Not that oil going down is a bad thing, it's a bad thing under the wrong circumstances. $1.99 gas during Covid was great, but GDP was negative and the world was burning. I'd rather have relatively expensive gas and a burgeoning economy.

[Petunia 100]

I know it's now controversial to talk about finances and investing strategies on here, but this may be a great time to re evaluate risk tolerance (AA) for some folks.

I still have a good 13 years before we would possibly need to sell some of our shares for cash. I'm staying put with an aggressive asset allocation.

It is always a great time to evaluate one's risk tolerance.

[disneysteve]

this may be a great time to re evaluate risk tolerance (AA) for some folks.

It's always a good time to evaluate your AA and risk tolerance. Certainly, the economy crashing will present buying opportunities for long-term investors. Personally, I started selling off stocks toward the end of 2024 when the election results were known because I knew that would destroy the fantastic economy we had been enjoying. I sold off about 200K worth last year and another 38K a few weeks ago before the slide really got going. Once the dust settles and things seem to have stabilized, I'll reevaluate where we are. By then, I'll likely need to move some money back into the market to rebalance because we will have strayed too far from our target AA. Still, seeing about 250K evaporate from our portfolio balance in the past couple of weeks hasn't been fun to watch. I'm not panicking at all as we are still in fine shape, but we're back to almost even with 12/31/24 rather than up considerably as we had been.

[QuarterMillionMan]

Today I bought more NVDA at $111 and TSLA at $263. I'll keep buying on the way down should it keep dropping. This is exactly what I was waiting for.