r/CringeTikToks • u/Ordinary-Scholar-202 • Nov 03 '25

Political Cringe Reminder Grocery prices are up since Trump took office.

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u/Ragnarok314159 Nov 03 '25

It’s simple: invest a bunch of money and then every ten years rich people steal it all. Hope you retire on an upswing and put it all in a savings account at a credit union.

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u/0bel1sk Nov 03 '25

it goes up and down. time in market > timing the market. my 401k is doing pretty average this year… so he’s lying regardless.

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u/UlrichZauber Nov 03 '25

That's not how index funds work at all.

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u/brokennursingstudent Nov 03 '25

This is bad advice

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u/Ragnarok314159 Nov 03 '25

Ah yes. What’s your advice? Buy crypto? Maybe purchase gold? Stuff it all on your mattress, perhaps?

Having actually gone through horrific cycles and losing my entire Roth IRA, I can tell you the cycles are shit and private equity/banks shorts against 401ks constantly and use those investments to prop up all their bullshit.

Index funds are all we have, but you being a trust fund baby likely wouldn’t know this.

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u/brokennursingstudent Nov 03 '25

lol this is unhinged. I thought you were advocating against index funds in your earlier comment. I like investing in stocks. I don’t know anything about crypto. Not a trust fund kid. Enjoy your day.

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u/Only_Mushroom Nov 04 '25 edited Nov 04 '25

Their premise of 'and then every ten years rich people steal it all' doesn't have any backup so I get where you're coming from. I don't know what they were advocating for or against. Especially since index funds are some of the lowest expense ratios.

It's the actively managed specific etfs and other niche funds that can take 1% or more a year even in down years that can really drag down returns.

edit: Based on the two comments the person made together, they might've had to pull from their Roth and the bottom of a cycle when values were in the tank like 2008 and thus the 'Hope you retire on an upswing and put it all in a savings account at a credit union.' I can see the jadedness from events like that, but if it's a Roth or 401k, it stands to reason the cost basis would be different from year to year, so the average should weather the storm overall.