• batcheck@lemmy.world
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    9 hours ago

    Shameless question. At this point I approach this entire presidency as a cash/power grab by the incumbent administration.

    So from an investment perspective how would pleb like me, with my Roth and 401k, game these tariffs? Local industry might get a boost, but for the most part we (the USA) still won’t produce a lot of the goods being tariffed. So, do you just bet high on commodities and U.S reseller/retailers as the big winners 12 months into the administration? Asking for a friend that’s totally not me trying to make the best out of a potentially disastrous 4 years. Thank you,

    • eran_morad@lemmy.world
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      9 hours ago
      • hold a diversified portfolio that’s heavy on cash.
      • buy equities when the market tanks.
      • sit tight and hope for the best. Don’t check your port again until the fuckwits are gone.