POV: you decided to look into your spouse's retirement accounts

https://lemmy.world/post/27904193

POV: you decided to look into your spouse's retirement accounts - Lemmy.World

Lemmy

I limited the losses in my (relatively small) 401k by rebalancing it about three weeks ago into mostly bonds and a few small cap/international funds… So far I’m only down about 4% instead of the total market’s 14%. Still losing, yippee

Yeah that seems like a sensible move that should’ve occurred to me earlier

Oops

It’s honestly impossible to fully disconnect from the clusterfuck that’s happening with the US markets due to the absurd tariffs. Like the person above says, you can mitigate it by going to more international funds and bonds, of which I definitely agree. However the US controls the global currency, and is the worlds importer, so every countries debt/exports is wrapped/linked to them, either direct or indirectly. That’s why every nation is so nervous, and trying to find alternative trades like Macron is doing to compete with the F-35s sales in Europe, the orange twat has screwed the whole global in one fell swoop.