This was different as it was self inflicted stupidity
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Apple's Stock Had a Wild Morning
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Everything always recovers, but the issue is always the time scale. Would your investment have performed better elsewhere during the same period?
I get that it’s probably low risk to put more money in the market now and I would likely get a return on it, but I try not to time the market or react to volatility.
I have my brokerage account with money invested in the Vanguard 500 index fund, and my IRA invested in their 2060 retirement fund. That’s it. I put a sum of money into it over a period of time, and I’ve just let it sit ever since. I haven’t even checked it in years, with the exception of downloading my tax forms.
I got a new job with a pension, so that’s why I haven’t touched my IRA in a while. Otherwise, I’d be making biweekly contributions to it.
Whew, the midterm elections can’t some soon enough…
So it still is true, I will never be able to afford Apple stock, even during the Great Depression.
FWIW, this has been considered since the 1970s. (As has dividing the state into 2-3 independent states.) Now, is it possible? Perhaps. . . except that much of their water and much of their electricity comes from out of state. If either was limited, they would be in a world of hurt.
In addition, 45% of all of CA's land is owned by the Federal Gov.
Last night, I had a dream that I had to sell all 30 million of my AAPL shares at a huge loss. It felt so awful, I actually woke up—only to realize I don’t own any shares at all.
Based on today’s price, Apple’s stock has risen by 177% over the past 5 years so it was probably due a correction anyway.
However Trump is banking on these tariffs to generate substantial tax revenues so he can introduce tax cuts. That suggests he intends to keep these tariffs for the long term. That will inevitably hit Apple as they rely so heavily on overseas manufacturing. As such this could be a long term problem for Apple.
Those might have to be delayed for national security reasons.
They are the reason we are in this mess. Almost 37 Trillion in debt and never any talk of paying it down.
I'm in this camp as well, and a recession will cause even more people to stop buying iPhones.
Trump is threatening another 50 % tariff, 54+ 50= 104%
www.bbc.com
Donald Trump threatens new 50% tariffs on China
The US president said he will introduce the extra tariff unless China withdraws its own 34% counter-tariff on American goods.
www.bbc.com
No one took your rights, and that’s on you to be “scared” to go to another state lol.
You have not lost any rights. Paranoia is your burden.
We have been doing almost the same. Once the news turned sour I bought my wife a 16. After 25 years, and with a heavy heart, I unsubscribed from Adobe, cancelled Amazon Prime. I’m considering Qobuz as it’s French and I’m presuming Apple Music will increase in price down the line.
I bought an M3 Air some months ago but my wife will soon need a replacement for her 2018 MBP. Like you, we’re doing lots of assessment to cover the next 4 years and also planning for major moves away from what could become expensive US products.
Good luck to all those on this journey. What’s happening now is insane.
I’d love to know the rights taken away. Just making things up.
Why? is there any indication people will not vote for him and Republicans anymore? I hope so, but stupidity knows no bounds.
Congress gave the ability to impose tariffs as well as "emergency" powers to the President. Tariffs, per the Constitution, is a power granted to Congress. Many of actions instituted through executive orders have been ceded to the President through the National Emergencies Act.
Sadly, there have been many opportunities for those powers to be taken back Congress. And under the Biden administration, when they controlled both the Senate and the House, returning those power to Congress was briefly discussed. But, as is often the case, when in charge, having those powers is not a problem until the other side has them. Thus, a recent window of opportunity to lessen the power of the President was lost.
IMO, Congress, for many decades now, has failed in their responsibility to keep every President in check. Instead, each administration gains more power and Congress becomes weaker. Reading history, this resembles, to me, of a Julius Caesar moment. But let's remember that the Republic did not fail under Julius Caesar. It failed under his successor, Augustus. IMO, the actions and behavior of the next President will be what will determines the fate of the US. However, we may see a lot of pain until then.
(excuse the rant)
You do know that it increased under presidents from both parties? Even under Trump.
And if you think Trump will solve this complex issue then you probably also believe in the Easter Bunny - no offense.
And give the orange monarch another $1M of his personal money
Actually that’s not true. Trump in his first term contributed over $7trilion to the national debt, more than Obama and only slightly less than Biden.
This article has a chart of all the Presidents who have contributed the most to the national debt.
U.S. Debt by President: Dollar and Percentage
The national debt has increased under most U.S. presidents. Here is how much each president's time in office added to the U.S. debt by percentage and dollar amounts.