Tariffs...what to make of them.
- Thread starter Dave Taylor
- Start date
John the Plumber
Well-Known Member
This is all politicians whether they are Dems or Republicants. tRUMP is selling his meme coin and tRUMP, family and investors made a $100 million in trading fees. The felon is still doing his GRIFT. Go drink some more kool-aide and put your tin foil hats snowflakes.
Dave Taylor
Rex kwan Do
I am very anti-Trump, but if you’re that close to retirement, you shouldn’t be in super risky assets. About two months ago I moved about 80% of my annuity to a stable value fund. It’s supposed to average six or 7% per year with this recent Sell off. It’s only down a little over a half a percent and that’s mostly because of the 20% that’s still invested.
Dave Taylor
Rex kwan Do
You know who the tariffs benefit? Tesla. Do you know why because they’re the only non-union auto manufacturer in the United States? Guess what they can now build cars way cheaper than the big 3+ Honda and Toyota.
Dave Taylor
Rex kwan Do
The thieving fool‘s net worth has over doubled since he released the meme coin. Oh yeah, that sounds legal.
Too bad for Elon that half the country has no interest in owning one of his cars anymore.
Agreed and yes I am doing similar things to protect myself from this stuff. I am talking in a general sense. Plus I know a lot of people put money in investments then forget it until they need it. Sometimes that works out. Other times it does not.
JPark
Well-Known Member
Most of the foreign owned auto plants in the southeast are non union.
GSTim
Formerly M3Tim
Looks in mirror and smacks self.
John the Plumber
Well-Known Member
Union membership 2023 was 32.5% public sector and private sector 6% that was where I was before I retired. Proud member of Plumbers and Pipefitters Local 322.
Mahnken
Well-Known Member
I was in the HVAC division for 11 years until I left the field in 2011.
Steve Vai
Endurance Guy: Tolerates most of us.
You’re on my team, I just want to watch the world burn.
MMuller
Well-Known Member
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This is true, only one vw plant is non union...
Funny thing is that this will make cars built in Japan, Korea and Germany more competitive... That is if there are any cars made and imported from there anymore... I mean outside niche cars.
Whats crazy is how many times some of theses parts and assemblies will have to be subjected to tariffs... For example the Ford 3.5 is built in Mexico, some parts are made here, sent there, then the engine is sent back.
No idea what will end up happening but auto plants cost billions to build and nobody is going to build one with this on off shit
well if you plan on living another 40 years, then why would you move out more than 50%?
That is 2-3 doubling cycles.
The old plan doesn't work.
The market keeps going up.
There are other ways to guarantee income w/o risking principal. annuitize a bunch, with return of capital and guaranteed income with upside exposure.
Until it stops going up, of course.
This is who requested us and Trump obliged stop all weapons into Ukraine this week... Stop all Intel and disable their HIMARS systems.... Oh and start talking with Zelenskyys opposition that is more favorable to Russia....
This is who our president just took orders from this week....Ya diplomacy
@Norm can we put out a feeler and see if he wants to join the team? We need someone warm and fuzzy since we lost @Pearl
This is who our president just took orders from this week....Ya diplomacy
@Norm can we put out a feeler and see if he wants to join the team? We need someone warm and fuzzy since we lost @Pearl
At that point it will be ammo and gasoline economy.
