Tip: Sell your stocks/mutual fund into this stupid rally. Re-balance to cash.

[Yavin4]

Weight your portfolios with cash and wait for the inevitable stock market collapse that happens under every GOP president since Reagan. There will be discounts aplenty in the near future.

[CousinIT]

1. 401K is in the damn stock market. I can't cash it out until retirement

IF it's worth anything.

[Yavin4]

3. I'm not saying cash out. Rebalance you 401K to a money market account.

Keep your money on the sidelines.

[cilla4progress]

8. Just did this with my IRA -

moved misc. Funds all into MMA. It was with the brokerage (Vanguard) - so, hope it was sufficient to ride out the inevitable upcoming volatility.

[onenote]

16. IRA money market accounts pay half the interest a regular money market

The interest isn't immediately taxable, but you probably come out ahead with a regular money market account and higher interest unless you're in a very high tax bracket.

And as pointed out below, folks who followed predictions that the stock market would collapse after Trump's 2016 election missed out big time.

[ProudMNDemocrat]

10. We've done that as well as well as shift money around to different pots.

To keep things safe when times get bad, like before COVID hit.

[onenote]

15. Well it just got a lot more valuable today.

[Zeitghost]

2. Better tip

Don't take financial advice on a political board still in despair from a devastating emotional defeat.

[Yavin4]

4. True.

But there is a pattern about collapses.

[onenote]

14. Except when there isn't a pattern.

See post #12.

[bucolic_frolic]

5. The world is transitioning to Artificial Intelligence

So even if Republicans are troubled by human transitioning, they are fine with AI transitioning everything to programmed reality for profit.

THAT is what is driving this market. And the reason for this post which otherwise seems out of sync with the OP.

I will say I wish I knew more about crypto. Not that I'd buy any, but I don't even know what the hubbub is all about.

[Yavin4]

6. Crypto is a giant scam that a lot of tech bros invested in

They need the Trump admin to give them a measure of legitimacy in order to reap profits. It's not real. It's not practical. Nobody uses it other than criminals to hide their transactions.

[roamer65]

7. I'm 75-25.

75 pct money market fund, 25 US Treasury bond fund.
I’ll ready and waiting for the big drop in interest rates surrounding a stock crash and the Trumpcession.

[surfered]

9. Historically, the economy (market) does worse under Republican rule. It's just a fact. Additionally, during Trump's ..

...first administration, the national debt increased from $19.9 trillion at the beginning of his term to $27.8 trillion at the end, an increase of $8 trillion or 40%. In fact, the amount he added to the debt represented 28% of the total outstanding debt on the day he left office.



All numbers from The U S Treasury website Debt to the Penney.

[ProudMNDemocrat]

11. Talk with your Financial advisor ASAP to protect your assets.

Is all I can suggest.

[onenote]

12. Tip: don't make financial decisions based on advice given on DU or elsewhere on social media

When Trump was elected in 2016, there were DUers advising that folks should to liquidate their portfolios and claiming that they had done so themselves. Well, that was bad idea. There was no lasting "crash" during Trump's first term. The numbers speak for themselves:

On election day 2016, the Dow closed at 18,332 and by inauguration day 2017, it was at 19,827.25. Over the next four years, it was never below its election day 2016 close and was only below its inauguration day close for two days during the pandemic, bottoming at 18,591 on March 23, 2020. Following the pandemic "mini-crash" the market had a slow, uneven climb, but nothing that could reasonably be viewed as a "crash." For those that stayed the course, the pay off was pretty good. One year after Trump's inauguration, the market was up to 26,071. A year later it had dipped to 24706, but a year after that it was at 29,196 - a 59% increase over election day 2017. The mini-crash during the pandemic lasted only a few months and by June 2020, the market was back above 27,000 -- 47% over election day 2017. To be consistent I'm giving Trump credit for the increase that took place starting on election day 2016, but not giving him credit for the surge that occurred between election day 2020 and inauguration day -- a surge that undercuts those arguing that today's post-election increase reflects something nefarious.

Without question, the market did better during Biden's presidency than Trump's first term. But it had its ups and downs as well. After topping 36,000 in late 2021 and hovering in the 33,000 to 36,000 range for the first half of 2022, it stagnated and then tumbled in the fall, dropping below 29,000 at the end of September 2022. But it recovered and began a year-long uneven climb where it reached 36,000 again in December 2023 and then almost never dropped below 37,000 culminating in it topping 40,000 in May 2024, and eventually peaking at 43,239 in mid-October. In short, a very healthy gain of 53% from election day 2016.

The point is that sticking with the market over the long haul tends to be a smarter decision than a rash decision to get out all at once, as some advised right after Trump's 2016 election and that you are recommending today.

[democratsruletheday]

13. Qft

I’ve always felt that staying in the market in the long-term is in my best interest, definitely have reservations now with these fucking scumbag criminals taking over but I’m gonna stay the course for better or worse I guess. Time will tell, it always does.

[Yavin4]

17. "The mini-crash during the pandemic lasted only a few months..."

IOW, there was a big buying opportunity, and if you held cash, you could've taken full advantage of that mini-crash. I know bc I did, and I got a larger return because of it.

Yes, sticking to the market over the long haul is indeed a good idea bc we've always had stable leadership. We do not have that now. We have the most unstable leadership possible.

[onenote]

18. Someone who sold when Trump took office, held the cash and bought during the pandemic might have come out a bit ahead

But it would depend on whether that person did with the cash after liquidating their portfolio, what capital gains or losses were incurred, and what dividends weren't collected during the period before they jumped back into the market.
Given that the market was below the inauguration day price for only two days three years later, chances are staying in the market would've been a better move.