How much has your pension dropped due to the Trump tariffs?

[BanditsHigh]

As per the topic title, how much has your pension been affected by the Trump tariffs ... don't need figures a % will do or just a "shit load".

The last massive falls in pensions were around when Covid hit, I personally lost around 10% of my pot, and very soon after I moved my pension from shares into cash.

Interest is paid every three months, with an initial rate of 2.6%, rising to 3.75% then down to 3.25% currently (over the last few months).

I may not be making as much if it was still in shares, but I'm always gaining and never losing ... which is the main thing for me, don't have a lot and would rather hold on to it!

I know pensions are for the long term and they should recover, but if you're near retirement or have retired then that's doesn't do you much good.

[panrider_uk]

I took my lump sum and the rest transferred to a draw down just after Labour got in because I didn't trust them not to tax it.

Glad I did.
____________________
Current bikes: Hondas - Forza 750, ST1100A

[BanditsHigh]

[Freddyfruitba...]

Genuinely haven't dared look.

If it has plummetted, I'm not going to bale out anyway as the advice is always to hold on and weather the storm, and it will bounce back (just as it did after Covid and the 2008 crash).
____________________
KC100->CB100N->CB250RS--------->DL650AL2->R1200RS->R1250RS

[panrider_uk]

On a positive note:
If you are still paying into your pension then you'll be getting ore units for your money so when the market goes up again you'll be on a winner
____________________
Current bikes: Hondas - Forza 750, ST1100A

[Polarbear]

Mine got absolutely trounced in the 2008 debacle. I suspect it will be the same here.

As an aside my shares have tanked (obviously) but I'll just have to hang on and hope they come about.
____________________
Triumph Trophy Launch Edition

[BanditsHigh]

[BanditsHigh]

[hellkat]

I'm too frit to look today

All but two were down when I looked yesterday afternoon, ffs
No doubt they will drift rather than bounce back up.
But yeah at this age, its not a thrilling occurrence - will it/won't it/what will they do next thing.

That fucking man.
Can't someone make a better job of assassinating him or something?
Jesus.
____________________
Not nearly as interesting in real life.

[stinkwheel]

Oh look, he's changed his mind on tarriffs again and the markets have jumped massively.

If that orange fucker isn't manipulating the markets for personal gain, I'm a Dutchman. He's not so smart someone wont catch him at it eventually.
____________________
“Rule one: Always stick around for one more drink. That's when things happen. That's when you find out everything you want to know.”
I did the 2010 Round Britain Rally on my 350 Bullet. 89 landmarks, 3 months, 9,500 miles.

[DaddyStu]

Been keeping an eye on it. Most of us have some degree of bond allocation which obviously smoothes it out a bit. Both mine have dropped over 10%

As said above though - he's put a 90 day pause on it (except for China). May've been his plan since day1 to try and stop Chinas economy overtaking them. Or he really is playing fast and loose - while making a buck on the side.

I prefer slow and boring when it comes to finances so hope he stops f*cking around!
____________________
Daddystu
Zontes 125-G1 (part-ex'd). Yamaha Tracer 700.

[The Artist]

[BanditsHigh]

[Polarbear]

He's still tariiffing (is that a word?) China, and lets be honest, that's the fight he really wants. Europe and the rest is just a side show.

Edited to add - I presume goods made in China for other companies will still draw China tariffs. So Apple phones, even though it's an American company will get 100+% loading. Will that work the same way for say Yamaha that have bikes built in China. Those bikes will get China tariffs, not Japan tariffs?

Bloody confusing me this is.
____________________
Triumph Trophy Launch Edition

[BanditsHigh]

[Ste]

In theory do the tariffs turn the UK into a gateway to the USA market for the EU?

[DaddyStu]

[Easy-X]

The Markets crave stability, they want to maintain the...

https://i.makeagif.com/media/4-02-2018/5-pHPK.gif
____________________
Husqvarna Vitpilen 401, Yamaha XSR700, Honda Rebel, Yamaha DT175, Suzuki SV650 (loan) Fazer 600, Keeway Superlight 125, 50cc turd scooter

[mentalboy]

[Easy-X]

[sickpup]

My pension doesn't seem to have dropped much but I've made some decent money from my shares.
Sold off all my BP shares and re-bought at 90p lower in price. My US Monthly payers are mostly down but the dividend is very high and I don't have much money in them so not really bothered.
Overall I'm running a healthy 12.2% return in the shares account at the moment and its an ISA shared with a cash account on 4.5% interest rising to 4.6% at the end of month so nothing too stressful.

The percentage return jumps up and down depending on share price.

[doggone]

I have a stocks and shares ISA I manage through an app so when the end of the world was night I maxed it out, and made £8000 next day before 11am.
But I lost £6000 the day before - on paper.
It's back where it was - for now.

[The Artist]

[Easy-X]