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Tom Rinaldo

(23,179 posts)
2. Clearly, I differ with you
Mon Apr 7, 2025, 09:26 AM
Apr 2025

I chose my words carefully, I intentionally used phrases such as "this week" for food, and "this May 1st" for rent. I stand by what I said. Essentially no one keeps their food money for the coming week, or their rent for this coming month, in stocks.

If our nation is going to hell that's where we will end up without a dramatic course change. And hell is what it is, the best made retirement plans will, for most, do little to mitigate against that. A stock market crash can be addressed, at least partially, by meaningful short term political action. For an obvious example, Republicans in Congress can vote to retake the power to set or eliminate tariffs from Trump, restoring that power to Congress where it belongs. Will they? Obviously I don't know, but just as obviously they will be more likely to do so if most of their rich political donors scream bloody hell over the collapse of the stock market.

Recommendations

1 members have recommended this reply (displayed in chronological order):

This makes no sense. WhiskeyGrinder Apr 2025 #1
Clearly, I differ with you Tom Rinaldo Apr 2025 #2
Latest Discussions»General Discussion»I hate it, but I'm rootin...»Reply #2