Stock Market is the bottom in?

[Howboutthemdawgs]

This would be pretty great for people that work for smaller American companies or doing it all on their own.

Trump Adult Retirement Accounts 2027

Yeah but definitely getting more and more reliant on government. Also seems ripe for the government to pick winners and losers on Wall Street by choosing where to invest. Idk maybe just being cynical but that’s generally a safe first assumption anytime the government is involved

 

[Telemark]

This would be pretty great for people that work for smaller American companies or doing it all on their own.

Trump Adult Retirement Accounts 2027

More inflation in the markets. Going to be a weird few years.

 

[Brian662]

Yeah but definitely getting more and more reliant on government. Also seems ripe for the government to pick winners and losers on Wall Street by choosing where to invest. Idk maybe just being cynical but that’s generally a safe first assumption anytime the government is involved

I understand offering retirement plans and I think that's a great idea, I don't understand why they feel the need to match any money. That shouldn't be the taxpayer's responsibility IMO.

 

[Foggy47]

I understand offering retirement plans and I think that's a great idea, I don't understand why they feel the need to match any money. That shouldn't be the taxpayer's responsibility IMO.

If you give this idea of the government (taxpayers) funding these "kids".....it is one way to fuel home buying and supporting the prices we have today. Same can be said for the stock market. Gotta have new buyers for things going forward.....and get folks off the streets and participating in the economy is in the public's interests. I do think it's inflationary - almost guarantees it.

 

[Brian662]

If you give this idea of the government (taxpayers) funding these "kids".....it is one way to fuel home buying and supporting the prices we have today. Same can be said for the stock market. Gotta have new buyers for things going forward.....and get folks off the streets and participating in the economy is in the public's interests. I do think it's inflationary - almost guarantees it.

I think it's a noble effort for the "Trump account" for kids. This is an adult's 401k, not the same. This is thinly veiled welfare, IMO

 

[bwoods11]

For Michael Dell & his wife to contribute 6 billion to the Trump accounts ?

That is an amazing gift, unbelievably generous !

 

[BuckSutherland]

What would you guys do with 600 shares of Rumble stock? Owned it for 3-4 years. I am down 50% or about $3,900 on this trash. It spiked over $15 in late 2024, and I didn't sell it for a profit cause I was already getting killed by the tax man. They were supposed to be the #2 to You tube, but that doesn't seem to be going so well. Seems like the only hope for this dogshit is a big rally in crypto. Anyone else holding a bag?

 

[jsasker007]

$3,900 could get you a couple hundred shares of SOFI. There are some dogs every once in a while. SOFI is starting to climb back up again. WHR is gonna start doing everything they can to bring their share price back up and I believe they have about a 5% dividend. ARR pays a pretty good dividend every month. I've been trying to set everything up in the DRIP and just let things compound. jmho

 

[Jerry-B-WI]

For Michael Dell & his wife to contribute 6 billion to the Trump accounts ?

That is an amazing gift, unbelievably generous !

It's very generous. I'm just suspect of the timing, and what's in it for him.

 

[Jerry-B-WI]

If you give this idea of the government (taxpayers) funding these "kids".....it is one way to fuel home buying and supporting the prices we have today. Same can be said for the stock market. Gotta have new buyers for things going forward.....and get folks off the streets and participating in the economy is in the public's interests. I do think it's inflationary - almost guarantees it.

Hopefully the kids have the maturity to not blow it on the next gotta have game platform or the shiny new iphone.
My wife set up a UGMA account for her godson. We put $50 a year into WEC stock. Kid turned 18 and demanded his money, legally he could do that, and promptly blew it on phones and gaming computers. We were hoping he'd use it to go to school. Boy were we disappointed.

I don't mind giving someone a hand up, but I doubt if these account will be used the way they are intended. But hey, they're funded with tariff money right........right?

 

[Jerry-B-WI]

What would you guys do with 600 shares of Rumble stock? Owned it for 3-4 years. I am down 50% or about $3,900 on this trash. It spiked over $15 in late 2024, and I didn't sell it for a profit cause I was already getting killed by the tax man. They were supposed to be the #2 to You tube, but that doesn't seem to be going so well. Seems like the only hope for this dogshit is a big rally in crypto. Anyone else holding a bag?

How many here are holding DJT?
That's gotta sting a little.

 

[BuckSutherland]

$3,900 could get you a couple hundred shares of SOFI. There are some dogs every once in a while. SOFI is starting to climb back up again. WHR is gonna start doing everything they can to bring their share price back up and I believe they have about a 5% dividend. ARR pays a pretty good dividend every month. I've been trying to set everything up in the DRIP and just let things compound. jmho

I already have 2,300 shares of Sofi. I don't really want anymore. They keep diluting too much for my taste. Gotta make my SEP contribution now that my taxes are done. There's not much out there that I want to buy right now.

 

[BuckSutherland]

How many here are holding DJT?
That's gotta sting a little.

I made a couple thousand dollars off that one, but it should have been a LOT more. Glad I dont own it anymore.

 

[bwoods11]

What would you guys do with 600 shares of Rumble stock? Owned it for 3-4 years. I am down 50% or about $3,900 on this trash. It spiked over $15 in late 2024, and I didn't sell it for a profit cause I was already getting killed by the tax man. They were supposed to be the #2 to You tube, but that doesn't seem to be going so well. Seems like the only hope for this dogshit is a big rally in crypto. Anyone else holding a bag?

I’ve got 100 shares . Disappointed … good question, are they going to turn it around ?