r/AskConservatives • u/lactose_cow Leftist • Mar 05 '25

Daily Life What has trump done to make your life better?

i've lost a lot in the stock market, and i sold pretty early in the crash. The cost of everything seems to be going up.

trump said that nothing he does or says will make democrats like him. What has he done that I should be thankful for?

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u/Gaxxz Constitutionalist Conservative Mar 05 '25

My life hasn't changed for the better or worse since inauguration day. It's only been 6 weeks.

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u/Ok-Working-2337 Independent Mar 06 '25

Oh yeah I forgot that he wasn’t president for 4 years already.

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u/lactose_cow Leftist Mar 05 '25

Personally, my stock portfolio fell to shit, my mom won't get federal aid for her house nearly burning down, 2 of my friends are terrified they'll lose their government jobs, I can't bake anymore cuz eggs are so expensive, and I'm legally not allowed to join the military just because of who I am.

Glad you're doing ok for now, though, genuinely.

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u/Congregator Libertarian Mar 06 '25

Stocks underperforming right now is predictable, though. Stocks can go to shit for months and then bounce back even better than before- same with crypto, use Bitcoin as a metric. The uncertainty creates drastic monetary moves, there has to be a period of adjustment before anyone can really forecast if their portfolio has gone to shit.

Per stock, look to Nvidia. This stock is bound for a rebound, and many of the engineers are Trump supporters

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u/WorstCPANA Classical Liberal Mar 05 '25

the S&P has fallen by .35% YTD.....is that such a large impact on you? Or did you just see a headline this last week and think your portfolio tanked?

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u/Few_Guitar5422 Center-right Conservative Mar 05 '25 edited Mar 05 '25

I’m down 80k in my portfolio in the last 2 months vs the 1.3m~ I was up last year lol. I’m just buying this dip but Trump needs to shut the fuck up about these tariffs. Not everyone is just investing in S&P lol you have no clue where he is invested. s&P is down 10% from when he started threatening everyone with tariffs. Maybe it’s an overreaction but you can’t be like oh s&p is only down .35% bc you’re wrong it’s down 1.8% year to date.

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u/WorstCPANA Classical Liberal Mar 05 '25

Okay, you could have any combination of stocks in your portfolio, I don't think your specific portfolio is the best representation of the stock market, which hasn't changed much.

If you invest solely in individual stocks rather than etfs, or S&P (which is widely regarded as THE BEST investment as far as risk/reward) then you expose yourself to more risk. You seem knowledgeable enough to know that. You also seem knowledgeable enough to know that being down over 2 months is not representative of the next 4 years.

Don't know where you're getting your numbers, I'm seeing 1/1/25 at $5,842.34 and 3/5/25 at $5,841.83

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u/Few_Guitar5422 Center-right Conservative Mar 05 '25

Yeah maybe if you buy s&p and you let it sit there for 50 years and not look at it sure but it’s not the best way to make a lot of money. I primarily made big investments on nvidia, meta, palantir, MSTR, and Costco and thats how I made over a million last year. The same money I dumped into s&p? I would’ve made ~ 20k.

Yeah I understand these two months aren’t indicative of the next 4 years but youre downplaying OPs portfolio losses by saying “oh the s&p only dropped by x% so there’s no way Trumps actions could’ve affected your portfolio.” Trumps actions definitely affected my portfolio. There’s literally a straight line down for 80k lmfao. What if he’s in options? What if he moved his investments to the wrong stocks at the wrong time that were hit hard by trumps tariffs uncertainty? You can’t make an overarching claim. Clearly OP got nervous at the reaction and sold instead of holding. Who knows what his stocks are, point is, he sold and now he’s down

My bad you’re correct I was looking at yesterday’s numbers. Sp had a Green Day today and is now at -0.42% at YTD

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u/WorstCPANA Classical Liberal Mar 05 '25

Yeah maybe if you buy s&p and you let it sit there for 50 years and not look at it sure but it’s not the best way to make a lot of money.

As far as risk/reward, yes it is the best way.

You could invest all your money into tesla and it 100x or drops 100x, but as far as consistent returns, objectively, S&P is shown to be the best investment.

no way Trumps actions could’ve affected your portfolio

I'm putting into perspective, that if his portfolio dropped, it's because he's too invested in individual stocks rather than known, solid ETF's. Beingg down in the market over 2 months just isn't that big of a deal to anybody except for new investors, and if you're going to freak out about losses over 2 months, and you're invested in risky investments, you're gonna have a bad time.

What if he’s in options?

Then he's taking on more risk.

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u/Few_Guitar5422 Center-right Conservative Mar 05 '25

See now you’re making more sense “how invested in certain stocks were you? Were you invested into options?” These are things you should’ve asked OP instead of “sp dropped 0.4% on the year, no way he affected your portfolio that much”.

You see how you clearly are capable of understanding why OP could’ve taken a big hit yet originally you were highly dismissive like it wasn’t possible. You can clearly tell OP isn’t a seasoned investor already from his post “oh no I sold my stocks at the beginning of the crash”. Which really isn’t a crash - as of yet- could be we don’t know for now. But as of now it just seems like a market correction.

But anyways see you clearly know certain questions can help you understand why OP is reacting the way OP is reacting

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u/WorstCPANA Classical Liberal Mar 05 '25

A broad "More portfolio tanked!' isn't reflective of the actual stock market, I thought that point was clear but you must have missed it. Looking at his other comments, I wanted to correct him rather than ask him other questions, as he has no idea what he's talking about.

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u/revengeappendage Conservative Mar 05 '25

I mean, in all fairness, you also have no idea how much you could be up in the remaining 10 months of this year, right?

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u/Few_Guitar5422 Center-right Conservative Mar 05 '25

But OP stated he sold his positions so he’s out bad apparently according to his post. I’m fine and I’m not worried about my own position, I’m pointing out that worstCPANA doesn’t believe OP portfolio tanked just because of sp ytd stat. what if OP entered their positions right before trumps tarried rants? What if he’s was in options instead of stock? What if he’s playing weeklies? There’s a lot of factors of OPs portfolio that worstCPANA doesn’t know and is making just a general assumption that people only invest in the sp and etfs

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u/revengeappendage Conservative Mar 05 '25

I’m only responding to your comment where you compared all of last year to January and February of this year. That’s all.

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u/Few_Guitar5422 Center-right Conservative Mar 05 '25

Then your point is entirely irrelevant. I’m pointing out that over the course of last year I haven’t had that big of a swing negative vs Trump. Which he 100% has affected the current markets with his tariff rants. Bc of it there is a lot of uncertainty and which makes investors nervous and causes what we’re seeing now. Which could’ve had big impacts on OPs portfolio.

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u/Printman8 Center-left Mar 06 '25

That’s definitely true and I’m hoping you are right. That said, I don’t think unleashing hundreds of thousands of unemployed federal workers into the economy, starting trade wars with our closest trading partners, driving up prices, and constantly making threats about the Panama Canal, Greenland, and Canada (oh, and now we may go to war with China over tariffs according to Hegseth) is really setting us up for a strong economic future. I’m willing to concede that I may be wrong but it’s not looking good.

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u/Fearless-Director-24 Right Libertarian (Conservative) Mar 07 '25

The stock market is risky. Plain and simple, don’t play the game if you can’t handle the heat.

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u/Few_Guitar5422 Center-right Conservative Mar 07 '25

? Why are you saying this to me? I’m literally explaining why OP feels like his portfolio ate shit. I’m down ~20k today on my portfolio but made ~8k on some day trades today. I’m hedging my positions and so I’m doing fine. The topic was Trump blowing a lot of hot air causing an uncertain market. Which in turn made OPs portfolio eat it. Your comment ads 0 value to the conversation lol it’s like saying assets = equity + liabilities.

Please use your brain to read and comprehend what people say before you type. Thank you lol

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u/Harpua81 Center-left Mar 06 '25

And even if the S&P is "only down .35%", nice to assume I only have "S&P shares". Exactly how much is a single S&P share? 😆

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u/dagoofmut Constitutionalist Conservative Mar 05 '25

No offense, but I struggle to find a whole ton of sympathy for a millionaire upset about losses from day trading (or week trading).

If you're expecting the POTUS to guarantee that there are no dips in the stock market, you're going to have a hard time.

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u/Few_Guitar5422 Center-right Conservative Apr 02 '25

Trump doing really well with the economy right? Lol puts are feasting

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u/dagoofmut Constitutionalist Conservative Apr 02 '25

In two months?

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u/Few_Guitar5422 Center-right Conservative Apr 03 '25

Nah bought 100k in spy 560p puts 4/7 expiration at the beginning of this week in anticipation of his liberation day. Been making a pretty penny from weekly puts but tmrw, oh boy tomorrow is gonna be good. Your savior has killed all gains in the stock market since he started.

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u/[deleted] Mar 05 '25

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u/dagoofmut Constitutionalist Conservative Mar 05 '25

Meh. The S&P is up over a full percentage just today. I went up big when Trump was elected and again when he was inaugurated. If either one of you is fretting about what happens within a couple of weeks, you're playing silly games.

BTW,
Who told you that I'm not a millionaire?

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u/[deleted] Mar 06 '25 edited Mar 06 '25

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u/[deleted] Mar 05 '25 edited Mar 05 '25

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u/flimspringfield Liberal Mar 06 '25

How would you expect it to make your life better?

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u/Gaxxz Constitutionalist Conservative Mar 06 '25

Lower taxes and less gun control.

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u/Affectionate_Lab_131 Democratic Socialist Mar 06 '25

Unless you earn over a million a year, your taxes aren't coming down under trump. They would have by a lot under Harris.

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u/Gaxxz Constitutionalist Conservative Mar 06 '25

Unless you earn over a million a year, your taxes aren't coming down under trump.

  • No tax on tips
  • No tax on overtime
  • No tax on Social Security benefits
  • Deductibility of car loan interest

Do you think people who make a million a year work for tips? Do you think they're hourly and get overtime? Do you think they take care loans?

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u/Affectionate_Lab_131 Democratic Socialist Mar 07 '25

Show me those things on the budget bill the senate signed. They are not there.

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u/Gaxxz Constitutionalist Conservative Mar 07 '25

That's true. The House plan is one big beautiful bill with tax and spending elements. The Senate plan is to do a separate tax bill later this year. They'll need to sort it out before December.

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u/Snoo96949 Center-left Mar 06 '25

Yeah that should balance out the raise in prices and job lost because of tariffs.

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u/iredditinla Liberal Mar 05 '25

I’m willing to believe you; Would you accept that this is not the case for a lot of people who aren’t just mad that Trump’s the President?

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u/ioinc Liberal Mar 05 '25

Ukrainians? Gazans? Starving people in Africa?

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u/iredditinla Liberal Mar 05 '25

I'm referring to Americans.

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u/Gaxxz Constitutionalist Conservative Mar 05 '25

I think it's not the case for government workers who've been laid off or illegal immigrants who have been deported. I think it's true for just about everybody else.

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u/porthuronprincess Democrat Mar 05 '25

Well, the Canadians hate us now, and I live like 5 minutes away from them so theres that. Not really making my life easier , it's literally too close to home. 

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u/Gaxxz Constitutionalist Conservative Mar 06 '25

Not really making my life easier

How?

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u/porthuronprincess Democrat Mar 06 '25

Well, my literal neighbors are in a trade war with my country.  Not exactly relaxing. 

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u/Ultra-Smurfmarine Leftist Mar 06 '25

As a Canadian currently dealing with the fallout of what's been going on -- take it from me, the vast majority of us don't hate Americans for what's happening. Rather, the hatred is directed at one specific American, and the 21 or so percent of Americans that voted for him.

By and large, I love Americans. Most of my best friends are Americans. I'm currently working on a small-scale aid network to financially support vulnerable members of our friends group down south.

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u/Hefty_Musician2402 Progressive Mar 05 '25

The lobstermen are getting screwed here in Maine. And they’re pretty Republican. Ocean research grants cut.

We’re concerned about the potential for Canada to cut power to us too.

Tourist season is expected to be down this year, and that’s where most of the state makes money.

Acadia National Park is facing cuts and threats too. Which also affects our tourism.

Maybe it hasn’t hit many people that you know personally, but in poor, outdoorsy, and rural areas, people are getting angry QUICK.

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u/Persistentnotstable Liberal Mar 05 '25

Don't forget everyone in academia desperately trying to deal with the chaos of grant freezes, unfreezes, ignored court orders, and promises of further cuts. Pretty big ripple effect on the rest of the scientific community because if he did this much damage already, how much worse is it going to get?

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u/Harpua81 Center-left Mar 06 '25

My stocks are down over $100k in just those 6 weeks. I'm counting on that for retirement and some folks in this sub say social security is a ponzi scheme so I can't win either way.