All things considered, it has only been about 3 months since Trump took office, I feel like there is absolutely no way that this was just a single craze and from here things will even out.
I feel like until 2028 (or maybe 2026?) S&P 500 is going to look like a roller coaster.
What do you think?
What Trump is doing now will almost certainly outlast his presidency. One man, just one, has completely betrayed all of the trading relationships this country built over the course of a century, and even better, he did it unconstitutionally and Congress went along with it for their own enrichment, both Democrat and Republican.
Supply lines will be recalibrated. Our foreign partners will make new relationships with more dependable trading partners. (ie, China.) Over the course of the next decade or two, the utter stupidity of what Trump has done will play out to full effect. A few hundred Americans who shoved their heads up Trump’s ass will get richer, but long-term, this is going to hurt most Americans.
If you’re not diversifying your investments geographically you’re no longer diversified at all.
What are some simple global things akin to the sp500 that brokers carry, or do you have any recommendations for a set it and forget it kind of thing with a decent and stable return?
Hi friend. There are a ton of options. Many invest in funds VT and VXUS, international funds run by Vanguard. SPDR is also a popular choice.
Take a week and just spend 30-60 minutes a day reading up on the various options in the global arena and make the best decision for yourself. The funds I mentioned above are a good starting point for doing your research and finding an option that fits your goals.
Thanks I’ll look into it
European Aerospace/Defense ETF - ticker EUAD
I have a feeling that greed will entice folks to continue trading with the US, but also while they diversify their trading partners. This will increase competition and somehow the world will be better off after this clown show is over.