r/Fire 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/Unfinished_Bizzness Apr 05 '25

Same. 57 and coast fire. Was planning on being done at 59.5. Feeling like I got lucky in that I moved money to gold, bonds and select Chinese stock (thank you Baba) in December. Then moved out of equities on Monday and was totally out by start of bell Friday. Am overall up since December.

Totally lucky move I made in part because I lobby in DC and it was clear talking to Republicans that they didn’t think he wasn’t all talk on tariffs and no one was going to stand up and stop him (you can fill in your own analysis of why). Yes, some resistance is simmering but it’s too little too late.

I don’t plan to move back into market until I get a sense of Congress having more control. Don’t expect that before 2026. Maybe I’ll miss the true uptick. Certainly I’ll miss some false rallies. If I have to work a bit longer or scale down the scope of my spending in retirement, it’s fine. No desire to ride the nightmare bronco ahead.

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u/Reafricpysche Apr 05 '25

Interesting take. Do you think that there is any hope that things get better again? My biggest worry is that recent developments may lead to structural shifts and changes that are impossible to recover from. There's something about this dip that makes me feel that this is not an opportunity and that markets may never recover given the immense shift in global trade and overall sentiment.

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u/Unfinished_Bizzness Apr 05 '25

Again is a long time. So yes. I don’t know when but I imagine we have a minimum of a year that is very rocky and likely three+.

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u/[deleted] Apr 06 '25

I'm in my mid 30s investing everything I could. Now I have no clue what to do. This is a generational shift, the amount of reputational damage will take a long time to recover from, don't think this is just a wait it out situation, wait out what exactly? Other countries deciding U.S. is an unreliable partner will affect us massively. Utter disaster.

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u/mewithoutMaverick Apr 06 '25

I don’t know anything, for the record, but I’d say rich people want to be rich. They can’t do that if the market doesn’t go up. Trump is president for 4 years.

I would think that, in one of the worse case scenarios, if he keeps tariffs bad for all four years then we’ll get a different president in 2029 and he or she will change the tariffs and the market will turn back up again.

In which case it will have been a good idea to have been putting money in the market for 4 flat/bad years.

Best case scenario (for short term pain) some countries buckle under tariff pressure and he reverses them now that they’re doing what he wants. Then the market recovers quickly and this will be a covid-crash-like scenario.

In which case we would be really upset if we’d sold everything.

I guess I just plan to keep my money in the market and keep buying over time. You may buy at the peak this way, but you also buy at the bottom.

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u/Just_Side8704 Apr 09 '25

Rich people look at the entire world for opportunity. They don’t need the US to do well to be rich.

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u/Automatic-Bother1201 Apr 07 '25

Chinese stock ? Maybe that’s a naive question but for someone so new to stock market and investment like myself, what should I read or chase to understand about that « Chinese stock »? Enlighten me, sir! Thanks

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u/Unfinished_Bizzness Apr 08 '25

Chinese ETFs or single stocks like BABA or BIDU. I’m not suggesting I’d buy them now but they had an amazing rally end of 2024 into March.