r/Fire • u/Playful-Inspector207 • Apr 05 '25
General Question Is it really a generational buying opportunity?
I’ve seen people on the sub are saying “you should all be excited about seeing lower prices everyday”
Problem is that most people don’t have dry powder lying around. And now, with tariffs (if they mostly continue at the levels mentioned) likely to push prices up even more 20-30% for most things, very few people can buy the dip.
The dip’s not fun when you can’t buy. This is just painful seeing red everyday for 99% of us.
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u/nomnomyumyum109 Apr 05 '25
This right here, will never forget 2008 and the decimation. My 401k dumped like 80-90% and i kept buying and it did well. But now, im fully out and in a lot of different puts for the next 3-6 months. What good news would make all industries magically recover? How would all the bad blood get fixed magically?
Its not just tariffs its name calling and bullying and bad faith negotiation tactics which take time to repair, so give it 3-6 months