A few days ago one of the smartest investors of all time Warren Buffett, the CEO of Berkshire Hathaway, characterized tariffs as "an act of war, to some degree," highlighting their potential to function as a tax on goods that could lead to increased prices for consumers. Buffett emphasized that the burden of these tariffs ultimately falls on consumers, humorously noting, "The Tooth Fairy doesn't pay 'em! So we now are actually in a tariff war with Canada etc retaliating. And the markets are not liking it as you are seeing. That at the same time thousands are losing their jobs - certain services are being cut- and almost everything is going to cost more especially food gasoline and cars This was all so unnecessary and really just plain stupid So it's up to all of us to be smart Conserve you money Continue to dollar cost average Make sure you love every investment you have Ten year treasuries will stabilize around 4% Bitcoin looks like it's heading toward it support level at $73,800 time will tell Real estate prices will probably go down This is when a portfolio of dividends stocks calms the nerves That's why diversification is key Just keep cool heads I will address it all on Sunday

Posted by Suze at 2025-03-04 14:57:03 UTC