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OT: American Politics

AH$$$ said:
Honestly, I just need advice. I’m at a point in my life where I have about 10 years left to work. My wife is quite a number of years younger than me, but wants to stop working at the same time.

I don’t have a whole lot in the markets just because I had previously gotten divorced, remarried , blended family etc., next year we will have put 2 through university and two more starting. We are partly past our high expense phase (enough RESP for everyone.

my wife and I were going to start investing heavily in the stock market later this year. Dump a lot over the next decade and, I guess, profit.

I am not sure what to do with what’s going on with this volatility (Trump presidency ).
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Wayward DP said:
think we still have auto tariffs, steel tariffs, and aluminum tariffs ongoing. and maybe softwood lumber too. but it's honestly hard to keep up
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-25% tariffs on “non-US content” in autos, but the US hasn’t figured out what that means yet and is just collecting the tariff anyway with a promise to pay part of it back once they figure it out.
-25% on steel and aluminum imports
-25% on any imports from Canada that are not “compliant with CUSMA” (similarly unclear what this means practically, but many exporters are claiming originating status under CUSMA now)
-softwood TBD
 
after the big jump the indexes are all kinda just sitting there at a relatively still very low level.

it would be pretty scary/funny if they took another tumble back down even after this news.
 
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