I put a lot more than just insurance (five years of all expenses) into my gold holding when Biden (Obama) took over 4 years ago. For whatever reason it worked out great. Gold at an all time high 2800 an ounce. CACHING.
Always keeps three years in cash.
Was playing with the idea of "betting" that Trump's ideas for the economy will be a boom. Common sense is that less regulations if nothing else should make America more prosperous. AI should streamline bidnesses. Selling US's riches in energy should make US rich again. Gut tells me this should all work.
BUT these so called experts don't think so. I wonder do they have the ability to tank the economy?
I saw the housing collapse coming , but had no idea how to short it back then.
What say you? Think I will stick with my dividend stuff and keep feeding that cash cow. Gentlemen place your bets. sc
Tariffs are not good for en economy. And it’s an outsized weigh.
I need the market to cool off. So I would welcome his tariffs hammering the market. But as with all things. Only temporarily until I can get out from under a couple calls forcing me to sell stocks for less than market value
Long term? Not a winning deal for the economy there. Markets don’t like turmoil. And Trump is turmoil. It’s who he is. And yes. Slumping markets can then drag down the economy as a whole.
I have a lot invested so if the market takes off I win. I just hope it waits a few months to do so