Mastodawn

I'm thinking after a few more weeks of the #KingDonald directed collapse of our financial markets, my 401(k) will be devalued to a "200.5(fucked)."

Next, he could really do some heavy damage to us older folks by dissolving #SocialSecurity. You know he wants all that money, anyway.

a̸m̵n̵e̴s̴i̶a̸c̷7̷4d ago

https://www.investopedia.com/how-you-can-prepare-for-further-tariff-related-economic-turmoil-11717932

How You Can Prepare For Further Tariff-Related Economic Turmoil

#us #economist #economy #stagflation #recession #inflation #trumpflation #trump #tariffs #usa #consumer #retail #spending #tax #business #trade #taxes #stagflationary #tariffs #imports #exports #labor #markets #finance #stocks #economic #groceries #grocery #jobs #layoff #layoffs #employment #unempoyment #maga #uspol #trade #tax #tariff #tradewar #global #markets #stocks #savings #investing #investors #401k #ira #rothira #bonds #equities

How You Can Prepare For Further Tariff-Related Economic Turmoil

Many American consumers are worried about their finances and how tariffs will increase prices. One expert explained that developing a budget and an emergency fund can help shield consumers from tariff-related inflation.

Investopedia

The Conversation U.S.Apr 14

With the stock market on a roller-coaster ride, it’s no surprise many are eyeing their 401(k)s with concern.

But how much should you really worry? And how hard do market drops hit your retirement savings? An accounting expert breaks it down: https://buff.ly/CxFTmFw #401K #economy #tariffs

401(k) plans and stock market volatility: What you need to know

Market swings may be rattling retirement accounts, but panic isn’t the answer. Here’s what to know about how 401(k) accounts work – and when to worry.

The Conversation

DrBob, Neurologist, 🧠Mechanic Apr 13

Sunday Cartoons

#penguins #covid #tariffs #401k #stockmarket #Recession #Tariffs #Inflation #economy #winning

spad2 Apr 12

It turns out that #Trump has let not only his friends but also #US #congressmen and #senators make huge money with this #tariff theatre. They are simply all in on it, and the only victims are the #American pensioners who have lost all their returns in their #401k investment funds since the last crisis in 2008 and even some of the principal.

Kent Pitman Apr 11

I wake to nightmares,
fever dreams I'd scarce believe,
yet my bank confirms

#haiku #senryu #poem #ShortPoem #SmallPoem #SmallPoems #tariffs #economy #oligarchy #capitalism #LateStageCapitalism #kleptocracy #collapse #401K #BondMarket #StockMarket #InsiderTrading #SocialSecurity #DOGE

Helga Rivera Insurance Apr 10

Should you rebalance your 401(k) now? 🤔💸 Market volatility serves as a reminder of the importance of diversification 📈💼 #HelgaRiveraInsurance #PuertoRico #401k
https://zurl.co/3Wcv0

Should You Rebalance Your 401(k) Right Now?

Many Americans with a 401(k) retirement plan have seen their savings dwindle by thousands of dollars. This could be a time for many to rebalance 401(k) portfolios to be more diverse.

Stephen With a PH Apr 9

Wow. After the CEO’s of many companies including #JPMorgan said a recession was inevitable, the orange buffoon #Trump paused most of the #tariffs except on China (where we get most of our product who announced an 84% tariff on us today, but whatever). But watch, he’ll somehow try to figure out a way to take credit for a fire he started. Nobody should forget NOR let him off the hook because trillions were lost out of peoples #Retirement savings and #401K because of this nonsense.