This is not a correction. We were cruising along. Earnings looked great and we were going to make some money this year. Sure, the market is overvalued but so what? That's the market and we were still going to make money. I understand corrections and we can hedge for that.

This drop is a direct result of the stupid tariffs and other chaos in D.C. That is not a correction.

I guarantee however that the grifters in D.C. bought automaker stocks at 11:00 a.m. yesterday......

Someone tell me how I am wrong and explain how this is just a market correction.

Same as it's always been just different stimulus moving the markets. Take advantage of it. rising markets are not the only way or even the best way to make money.

This drop is a result of the current uncertainty,,,,,you’re not wrong

The market never goes in a straight line high and to the right for ever,,,,

Losing “biggly” is when circuit breaker/halts are happening,,,,,could happen,,,hasn’t happened yet

Throwing this out there,,,if you’re into trading

European defense has been crushing it,,,and will continue

EUAD for example

Should have just left every thing as is, status quo and just keep spending. 45 trillion in debt in 4 years and then the other side takes over. At the end of that 4 years we are done and the dollar is half of current value and taxes are doubled. Our currency gets replaced, we should be in great shape as China takes over the world and we 're are forced to learn Mandarin.

Nobody is saying that. Y'all realize it is possible to do things orderly without chaos, right? The "Republicans" have both houses of Congress and the Presidency--at least for now.

Got to get through the embedded Swamp. Had all the branches last time the fires 2 year also and the rental approach didn't work.

And Blain man I already bought and sold stock today for a profit. Made 1 dollar so far.

Market down again I will plan on getting back in during the next election maybe we will be at a bottom.

When younger and building a portfolio, going through the cycles was not an issue for me as I was not pulling out funds. Today that is different and I am more market exposed then most investors my age. (77). Now when one needs to pull out funds it is not good to be pulling out when the markets are down. I had older friends that needed to do that in 2008-009 and it cost them lots of money. We have enough to cover some major construction and moving expenses but I am meeting with our planner next week to discuss our future. Right now interest rates in the 4-5% range make lowering some exposure more attractive. I don't like the market going down but we may have more uncertainty and rising costs in just living over the short term than investments. Companies will still keep producing and making money if consumers will pay the increased costs. Now we have daily announcements that create uncertainty.

Bryce

Even with a large(or small) investment account

Still need a rainy day fund so that you’re not forced to sell

I stand corrected. You, sir, are in line to be our next Treasury Secretary in the Trump Administration.

Nobody is saying that. Y'all realize it is possible to do things orderly without chaos, right? The "Republicans" have both houses of Congress and the Presidency--at least for now.

Well, you keep thinking that and we'll see what happens, politicians will never do what needs doing, eventually it's their ox being gored. I feel sorry for my grand kids and for people that don't see the big picture.

Just a start of things to come not much thinking on how things are done or the ramifications of the results. I betting SS is hit in some way which might be the final straw, medicade is all ready on the chopping block. One thing certain the ultra rich have nothing to worry about, so I guess most of us on this forum are worry free.

Lost track of how much profit I have made at this point today. But I think it's over $25 now on trades. ( I play with small amounts for entertainment in the retirement accounts. No fees on trades and don't worry about paying taxes on it. Keeps me entertained and not looking at all the columns in the red.

The only way going forward with SS is raise the contribution rate as well as Medicare, Medicaid is Obama care at it's finest. Wasn't that MaCain the hero that let that happen. Socialist healthcare is where we are at and I see no way out.

I think I may have made the right decision not to invest in stock heavy mutuals in December? I think the guaranteed 5 % was right decision for awhile?

About 21% of the U.S. population, or 83 million people, have Medicaid coverage, including those with low income and disabilities, as well as seniors. Medicaid, not Medicare, covers long-term care expenses for the elderly.

A pile of mom's roommates bills are being paid by you.

41% of all births in the US are paid by Medicaid which is the biggest payer. Socialism at it's finest.

From each according to their ability, to each according to their needs.

51 percent of Medicaid's funds were spent on seniors and people with disabilities in 2021, the most recent year for which data are available.
Medicaid was the largest single payer of long-term services and supports (58 percent) in 2022, which includes spending for nursing homes, home health services, residential care facilities, and waivers for other home and community-based services.

Sucks to have ability.

I know many people that put their holdings in a trust so nursing homes can't get it, suppose that's ok also.

Now you are defining the problem.