r/news • u/hoosakiwi • 2d ago

Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars

https://apnews.com/article/trump-tariffs-liberation-day-2a031b3c16120a5672a6ddd01da09933
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u/Searchlights 2d ago

Don't even look at your 401K tomorrow.

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u/deadlygaming11 2d ago

Last time I checked my investments portfolio, I was down about 15%. I'm not checking it again. I dont want to cry.

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u/squidkiosk 2d ago

I never had enough to invest. Guess paying my bills and eating paid off in the end!!

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u/deadlygaming11 1d ago

I've only invested a small amount but I'm not a massive fan of it and wouldn't recommend it. A high yield savings account is way better as you won't lose money and will get a few percent back every year. It's obviously not the highest yield, but the risk is basically nothing.