It is, but I'd prefer not to start with a massive loss. I'm thinking cautious investment for now, and move it to more adventurous when things improve
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[Politics] Donald Trump, US President
- Thread starter Zeberdi
- Start date
It is, but I'd prefer not to start with a massive loss. I'm thinking cautious investment for now, and move it to more adventurous when things improve
beorhthelm
A. Virgo, Football Genius
- Jul 21, 2003
- 36,432
baked beans and Kalashnikovs
Judging by past behaviour, Sunak definitely.I wonder who's in a position to profit from these massive stock market falls?
One assumes Musk, also.
Thunder Bolt
Silly old bat
Rees-Mogg’s father wrote a book on it, so him other Tory toffs. Disaster Capitalism.
I can't think of any market that's safe from Trump at the moment.
Within a stocks/funds Isa one can purchase Money Market Funds (MMFs) which basically hold cash accounts and short term bonds. These are considered fairly safe (at least I hope so because I moved money into them a year ago!). They have been performing similarly to Cash ISA s the past couple of years, say 5% per year.
Available from Fidelity, Invesco,L&G, Black Rock...
I AM NOT AN ADVISOR, PLEASE DO SOME RESEARCH FIRST
.Anyway, I'm hoping they're a safer haven, hoping things may calm down at some point.
EDIT: Can you transfer the LISA to another platform that offers Cash LISAs ?
Papa Lazarou
Living in a De Zerbi wonderland
I misread this. Thought you said ergonomics. Imagined the world economy had just been thrown into a death spiral because the orange gimp’s chair is too far from his desk and he’s all grouchy about it.
Since1982
Well-known member
A year ago this week we were in Cambodia, a country poor even by SE Asia standards. Trump has levied tariffs of 49% on them. I doubt there is a single thing the Cambodian people can do to reverse any trade deficit so it is a conscious decision to make poor people poorer in pursuit of the MAGA cult. I would be interested to hear how those evangelical Christians who were so enthusiastic about his election justify this in light of the teachings of Jesus about how to treat the poor and needy. Meantime I guess Cambodia will fall even more into the influence of China. Shocking.
- Jul 10, 2003
- 28,987
Looking at the American Stock Market crashing, whilst the White House tells people to 'trust in president Trump' does anyone get a sense of déjà vu ?
Cordwainer
Well-known member
- Jul 30, 2023
- 933
That’s also entirely possible! Though in that scenario would imagine he’d simply use Vance’s back as his desk.
Cordwainer
Well-known member
- Jul 30, 2023
- 933
True fact. According to Leavitt (Ricky) it’s cos the US does next to no trade with them.
She apparently said this with a straight face as well.
HangletonGull
Well-known member
- Apr 10, 2023
- 2,747
Simple question so simple answer please , why has he stuck all these tariffs on?
- Nov 11, 2009
- 13,050
Some interesting perspectives raised on LBC about the tariffs, they have little to do with US manufacturing or jobs.
In reality its a fealty to Trump tax, and they will be removed sufficiently by those who bow the knee or publicly praise Trump etc. Sort of similar to what Putin and Orban both did in gaining full dictatorial control of all their countries institutions.
In Putin/Orbans case, its pay us a % and stay out of politics and all will go well for you.
Not even Trump could be so brazen as to ask for a % of profits, but apply huge penalising leverage, then we'll remove Tariffs for you specifically if you do X.Y or Z for the dear leader and all will go well for you.
That is the real intent.
You think Tesla or Space X related international suppliers will be levied? no chance.
In reality its a fealty to Trump tax, and they will be removed sufficiently by those who bow the knee or publicly praise Trump etc. Sort of similar to what Putin and Orban both did in gaining full dictatorial control of all their countries institutions.
In Putin/Orbans case, its pay us a % and stay out of politics and all will go well for you.
Not even Trump could be so brazen as to ask for a % of profits, but apply huge penalising leverage, then we'll remove Tariffs for you specifically if you do X.Y or Z for the dear leader and all will go well for you.
That is the real intent.
You think Tesla or Space X related international suppliers will be levied? no chance.
...well they've suffered so much you know,all those deaths...
So, for example, Denmark can have zero tariffs if you give us Greenland sort of thing (yeah,EU I know
)Sorry if fixtures but their "calculation" is in here:
www.theguardian.com
Trump’s ‘idiotic’ and flawed tariff calculations stun economists
‘Willing sycophants’ came up with simplistic formula that has thrown global economy into disarray
www.theguardian.com
