Are you guys buying the dip in the stock market? Or are you guys too broke to buy stocks?

I am. I'm even putting my $$$ in SPXL and SPUU because I am into risky and high reward investing.

Going to give it another week or two. They can always go lower...

Eventually the money controlling the world will say "enough is enough" and slap Musk, Trump, and his cronies back in line. You don't mess with the money.

I'm surprised Tesla hasn't thrown Musk under the bus yet, then back in up to make sure the job was done. Neither seem to have their businesses in mind for every dumb thing they do...

Man, are we counting on these tariffs to be reversed in the next couple weeks? If not, don't buy. These tariffs sticking would be a near certain recession, and would probably warrant a permanent 30-40 percent drop.

If Trump really is a narcissist, he won't be so quick to acknowledge he was wrong.

I have some cash in a solid emergency fund, but I'm not so eager to put more chips in this game.

Experts say, don't buy right now.

Even if they were removed, would the stock market recover under this current administration?

The US is highly unstable at the moment. Tariffs could be reintroduced or increased on a whim, with no connection to trade agreements, past relationships, or current trends. An edict tomorrow could flip the economy on its head, and then get reversed every other week. That's not conducive to a strong, stable, confident stock market.

Yeah I didn't really think about the context that this could be happening for four years.

Granted, house of reps could override any veto with a 2/3 majority ( I Think? Government/econ class was a long time ago) but it's hard to imagine that many republicans in that amount going against Trump that often.

Trump already made a post and named the three or four GOP senators that voted against him on an economic plan. He is going to get his own party harassed and maybe killed

Broke? Nah. I live in a country that understands basic economics. Gloat gloat smug smug.

But again, I'm gonna stick to my real estate. Stock markets are volatile even at the best of times, though there are funds you can invest into that guarantees a low but stable appreciation. But with all the mess that's going on? Definitely a bad time to go into the markets.

Continue to buy through things like my 401k, not selling anything.

Personal brokerage is fucked HARD now, 15 months of gains evaporated in 48 hours, so no selling there either. Cash on the sidelines is needed for upcoming home improvements ( which I'm expecting to be significantly more expensive now, thanks to trumpflation ) so will not be buying more in that account.

Recently bought. So I will have to wait before buying more. While this sucks, I am not to worried. I am buying for long term, 20+ years.

Musk recently sold X to himself, didn't he? For 11 billion less than he first bought it for, so I guess he has a 11 billion dollar paper loss to use to pay less taxes now.

Trump has reposted his earlier post which claimed he was crashing the stock market intentionally.

Interpret this information as you will.

How deep do you think it will go?

@horgen: No idea. I just hear a lot of people in this thread saying they'll buy the dip. It looks a lot like they may be catching a falling knife.

Futures look abysmal right now. They are so bad they look like we may trip circuit breakers tomorrow. And with these numbskulls in charge it may last a week, or it may last years. Who knows?

Are we having fun yet?

No. Not while things will continue tumbling down.

I don't have a big pile of cash to invest, pretty much all of it is already in the stock market 🤷‍♂️. I just keep doing my monthly savings as usual. What I have in the market is seperate from the rest of my economy, so it's no big deal either way. As long as I have my job I'll be fine.

It's very difficult to predict what will happen imo. Today there was a rumour of a 90 day pause and all the markets jumped and then quickly turned down when the WH debunked it. So basically it is up to the whims of the President. This could be over tomorrow if he wants it. But I think he is serious because he has been wanting to do this for 40 years. The longer the tariffs stays on the more permanent damage they will do.

In the long run the republicans may take back the power to issue tariffs to congress. They are feeling the pressure from some of their voters for sure. There is also a lot of pressure on Trump from some of his billionaire donors. We will see who wins the power struggle...

All the pros (aka not me 😅) advice against timing the market, because it is too difficult. I think they would suggest to divide the money you want to invest in chunks and put it into the market over a period of time.

In this case Musk is part of the people trying to slap Trump back in line. He is a free-trader.

A very rare case of a conflict of interest resulting in a favorable outcome. He's getting clobbered in the markets, and without trade none of his businesses are viable. They're all very chip and rare earth metal heavy.