[USER]

I’m grateful to invest in this downturn, as it will make my daughter a multimillionaire before she reaches 40 years old.

Investing during a market downturn may seem daunting, but it presents a golden opportunity for those with a long-term perspective.

While many panic and sell, savvy investors recognize that downturns offer assets at discounted prices, setting the stage for substantial future gains.

By consistently investing in solid, well-researched assets, one can capitalize on market recoveries and exponential growth over time.

For me, this strategy is about securing my daughter’s financial future.

By making smart investments now, I’m ensuring she benefits from decades of compound growth, positioning her to become a multimillionaire well before she turns 40.

Patience and discipline in investing always pay off.

[Jenna]

Fingers crossed society doesn’t collapse before then (I’m not hopeful)

[Jennifer]

I wouldn’t invest too much yet. Most of the tariffs haven’t even started.

[Aaron]

The S&P500 has gone down 6% YTD. How is buying a 6% dip going to make anyone a multimillionaire?

[Aaron]

But what will a million dollars be in 40 years is the questions?

[Danny]

Down turns aren’t beneficial for everyone, especially those already in or near retirement.

Also, these tariffs are destroying many businesses, farmers, and soon consumers will be paying higher prices for various goods.

Let’s be sensitive to the millions that are being negatively impacted by these ridiculous tariffs.

[Liao]

It’s down 10%, sure. But it’s assumed the s&P500 will still average 10% returns annualized into the future.

If its 40 years, you need $45,000 today to make $2 million and become a multimillionaire.

Ofc, I still expect further drops. People thought 2008 was a high point, but we are 4X higher than then.

[Matt]

Easily. The depreciation of the dollar will accelerate quickly once they need to print $ to get us out of the financial mess that has been created.

Maybe she’ll have enough for a townhouse with the multimillions.

[Michael]

As a dual citizen, Canadian and American, and having lived in both countries, and have family in both, I see things from perhaps a unique perspective.

The USA once was the superpower of the world, not just in military but also economically. For whatever reason, the country fell behind in far too many things.

I don’t buy into the nonsense of the political parties, but how I see the country really getting great again is to streamline their inefficiencies, and do better in production and trade.

Once the USA rebuilds their economy, there is more wiggle room for social programs and improvements to the country’s health care and education.

Admittedly, the bull in a china shop approach is ruffling a lot of feathers, but if the result is a balanced budget, lower taxes and improved services, it will be worth it to the Americans.

However, I also see how truly hurt many Canadians are right now. They don’t get the Trump negotiation style. Canadians feel like their best friend decided to beat them up in the playground.

Intelligent people are boycotting as many things as they can that is US product. Funny enough, they won’t give up American entertainment and social media, but I digress.

Not sure how this will play out. But I really wish that the Department of Government Efficiency was not so politically motivated, and there are really smart people protesting, doing an audit of their country.

Every company in the world does this. I just wish that every country in the world did it.

In fact, every FIRE member budgets and audits their own finances.

We all know there is waste in the government. We know the level of bureaucracy has grown exponentially over the past 20-30 years.

Why is it a problem to eliminate some of that waste?

This new normal in the U.S. will create some growing pains. Message to American Democrats, don’t assume that this is a 4 year nightmare and things will return to the way it was after Trump is gone.

If they are successful in balancing the budget, the economy shoots forward, inflation is eliminated, unemployment is way down, taxes are down, and consumer confidence is up, ya really think the next president will shift policy much?

Lastly, 99.9% of us can’t alter the outcome of the geopolitical affairs. What we can do is profit from it. Invest in companies that will benefit from this.

Lock in investments that ensure you survive any downturn. Wasting your time worrying about things you can’t control will only stress you out.

Focus on what you can control and FIRE baby.

[Michael]

Hard to tell. Sometimes downturns turn right back up. Sometimes you end up with stagflation I don’t worry about timing the market, so I don’t get really excited when the market moves either direction

[George]

What downturn? I just saw some ripples. Have you looked at the chart between 2000 and 2014?

[Gary]

A month ago I rolled over an old 401k where they sent me physical checks.

The market dropped about 8%, so bought right back in at the lower rate today.

Got lucky.

[Tony]

Sure, if you invest $4 million right now, there will be $2 million when she reaches 40.

[Ever]

Assuming it comes back up, I sorta think the US is a third world country anymore.

[Amy]

Assuming women are permitted to have financial autonomy at that point.

It was only ~50 ago that we gained the right for women to have bank accounts and credit cards in their own names, regardless of marital status.

[Angelo]

I suspect it will be short and sweet. I’m for sure grabbing cheap stock in this massive correction.

[Jeff]

Next gen for sure
But those of us hitting retirement
Ah, we’re screwed

[Author]

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