• ultranaut@lemmy.world
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    22 hours ago

    Maybe your investments haven’t been performing but the S&P500 average return is over 14% per year thus far into the current administration. It averaged 12.1% during Trump. Simplifying your portfolio might be a good idea, when you don’t know what is going on you should stick with a basic low cost ETF like VOO until you have a clue about things.

    • Aceticon@lemmy.world
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      7 hours ago

      This discussion right here on “whose candidate is best for The Market” at a time when most people have less than $1000 in savings is peak Capitalism.

      Yeah, I know that in the US many if not most people have their retirement funds tied to Markets, and having worked in Investment Finance let me tell you that you were and are being swindled (but, hey, your savings for old age really make a LOT of money for a small number of people, not least because of occupying the niche of being the suckers in most markets), but that itself is peak Capitalism.

      The Markets mater very little for most people - except for the unfortunates forced by governments to bet their old age prosperity on them - but they’re really important for the largest Asset Owners, or in other words, the Very Rich.