this post was submitted on 03 Feb 2025
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Should Canadians sell their US stocks to stand against the trade war?

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[–] [email protected] 4 points 4 hours ago

Personally, I wouldn't. This dude already has one foot in the grave and also has super bad ADHD. I expect the tariffs won't hold once he realizes they are bad for business.

As others have also said, I wouldn't tie your nest egg and protesting together. It's valiant, but there are better ways to protest without taking gains.

[–] [email protected] 19 points 7 hours ago

Yes but not because they are American because they are about to tank to 0

[–] xmunk 16 points 7 hours ago

No. The impact you'll have on the market as an individual (even if all Canadian or Canadian and US individuals outside the top 5%) will be minimal. The market is primarily guided by mutual funds and commercial investors.

This is, imo, an ineffective way to have an impact on America while it's a highly effective way to impact your own personal well being.

Targeting physical goods by being picky about made-in-canada is going to have a much more significant impact.

[–] [email protected] 2 points 5 hours ago

As someone in the US, wait until they take a big hit from us Americans getting fucked over and buy low. If you can make some good out of it, please do.

[–] [email protected] 9 points 7 hours ago (1 children)

Never invest with your emotions.

[–] [email protected] 3 points 6 hours ago (1 children)

Although I understand what the saying means, I hate this phrase so much. From observing on investing discussion groups, it tends to get used to justify the most amoral shit possible.

[–] [email protected] -4 points 6 hours ago (1 children)

Awe does the capitalism you're willingly participating in make you a little sad?

[–] [email protected] 4 points 5 hours ago (1 children)

Capitalism doesn't mean being an asshole. One can be a capitalist and also a decent human being. It's an economic system not a moral one. Using it as an excuse for being a vile human being is just an easy out.

[–] [email protected] -2 points 5 hours ago

Hey look who doesn't know what capitalism means.

[–] [email protected] 7 points 7 hours ago

Canada doesn't hold a enough to make a dent... Shit, bottom 90% of America doesn't hold enough to make a dent lol

It is a beautiful club, they own everything, almost and they will own even more after this.

[–] [email protected] 3 points 7 hours ago* (last edited 6 hours ago)

I converted my entire 401k to Spaxx and will buy FXAIX when it crashes next week or so.

[–] [email protected] 3 points 8 hours ago* (last edited 7 hours ago)

USA person here. yes - we need a corner timeout.

internet stranger - absolutely not financial advice

[–] [email protected] 1 points 8 hours ago
[–] [email protected] 0 points 7 hours ago

Do it, I want to average down.