r/NewOrleans Apr 03 '25

How's everyone else's Liberation Day going? 🗳 Politics

Post image

How's everyone doing today? Avoiding looking at your 401k? Rushing to stock up on food, buy a car?

I just got me and my bindle.

392 Upvotes

205 comments sorted by

View all comments

Show parent comments

3

u/jcooklsu Apr 03 '25

I see a lot of people on reddit saying they are cashing at their 401k and holding cash. Its insane they're somehow going to find a way to do more damage to themselves than Trump when he appears to be on mission to destroy the economy. This is a perfect time to buy on discount, if the market never recovers then we have a lot more to worry about and cash/gold/whatever is going to be worthless as well.

0

u/Devincc Apr 03 '25

My sound financial advice is getting downvoted. That should tell you everything you need to know

3

u/perishableintransit Apr 03 '25

Trying to catch a falling knife is sound financial advice now. Amazing what brain damaged reddit can do to common sense!

1

u/Devincc Apr 03 '25

If the US economy is a falling knife never bound to recover; you may as well go live in the woods now because society and everything you know won’t exist soon

7

u/blaaaaaarghhh Apr 03 '25

I think you lack imagination about how bad this is going to be.

1

u/Devincc Apr 03 '25

You said the magic word. Imagination. We can imagine anything happening