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Donating money resulted in a plummet of values! The USA Technology industry trying to curry favor with Trump ended up being a "Faustian trade."
① Just as USA Technology companies were once very cocky at the beginning of Trump's presidency, they now find themselves in big trouble; ② Due to tariff policies and market turmoil caused by Trump's overreach, the performance of USA Technology companies has been collectively downgraded this year, and Stocks have also been heavily sold off; ③ Musk, Huang Renxun, Zuckerberg, and Bezos have lost nearly 200 billion dollars in wealth, leading to their support for Trump being regarded as a deal with the devil.
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Reg3e OP : Learn. Trade. Win
Jackie Hampton : I'm beginner, and when you say 'just buy the whole market'? what exactly does that mean?
Reg3e OP Jackie Hampton : It means investing in a broad market ETF such as VT. It hold thousands of stocks worldwide, so you're diversified across global companies, reducing the risk of being stuck with individual companies, sector, or country performing poorly.
Since ETF like VT is based on Market Cap, poor performing companies will automatically hold less % in your portfolio, while those performing well will gain more % in your portfolio, as reflected in their company growth/market value.
Jackie Hampton : Thank you.. that makes sense..