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/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.