Tariffs & new tires, total US manufactured tires.

[ShadowsPapa]

Thread derailed.

Might be for the better.................

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[Rusty PW]

Thread derailed.

.

 

[ShadowsPapa]

 

[Tuggernuts]

Did you panic and sell? If not, just hang tight. You haven't lost anything. You have the same amount of shares/stocks. Now you can buy on sale. When it goes back up you will be good since the cheaper stocks purchased during the downturn will perform better than the ones that lost value. My portfolio is down about the price of a new MB G Wagon. It is dramatic and not pretty to look at but I've ridden several downturns, and it always recovers. Heck, it could happen very soon if negotiations happen.

I ridden several as well. This will be the first one within a year of me retiring and one caused by a complete moron.

 

[ecidiego]

Didn't read thread..... have 22k miles on my factory Falken AT3s..... so....buy MT Baja Boss pizza cutters now or wait?

 

[Tuggernuts]

Didn't read thread..... have 22k miles on my factory Falken AT3s..... so....buy MT Baja Boss pizza cutters now or wait?

I'd buy now.

 

[LouisvEarlleJT]

I'd buy now.

Tires require a mix of petroleum products and raw rubber, the US produces 0 raw rubber, it is all imported. So based on how math works US made tires would go up in price eventually and imported tires (like the always talked about Kenda Klever) would also go up if certain trade related percentages stay in place.

#nopolitics lol

 

[kevman65]

I don't think you can find a U.S. made product that is 100% sourced from the U.S.

Key example, steel products made in the U.S. sources ore from other countries.

As to the market, a HUGE reset has been coming for quite some time. They have manipulated it every time there has been a hiccup. This isn't a one man or one political problem, this is an everybody involved has done what was needed to keep their pocket lined.

I got everything out of anything tied to the market in any way last year. Glad I did because I knew the time to pay the Piper was coming no matter what happened politically.

 

[ShadowsPapa]

I don't think you can find a U.S. made product that is 100% sourced from the U.S.

Key example, steel products made in the U.S. sources ore from other countries.

As to the market, a HUGE reset has been coming for quite some time. They have manipulated it every time there has been a hiccup. This isn't a one man or one political problem, this is an everybody involved has done what was needed to keep their pocket lined.

I got everything out of anything tied to the market in any way last year. Glad I did because I knew the time to pay the Piper was coming no matter what happened politically.

We've been living in a bubble.

 

[MudderNuker]

I have $200. Is that enough to retire?

You might be able to re-tire but you can only buy one tire. Possibly a 35" Kanati with $200.

 

[bill61]

The market breathes. In out. In out.
Did you move anything, no? You didn’t lose.
When it was up did you take anything, no? You didn’t gain.

 

[DylanM]

Didn't read thread..... have 22k miles on my factory Falken AT3s..... so....buy MT Baja Boss pizza cutters now or wait?

IMO it depends how your tires are holding up for you and how many miles you expect to drive per year. If you're chewing through them quickly, buying now would probably be the wise choice. On the other hand, if they're holding up like mine (11/32 tread left at 45k miles) and can therefore expect to easily get another couple years or more of good use out of them, then it'd likely be better to wait.

 

[MudderNuker]

If you talk all assets, then yeah.
So far, what's under management by one guy has continued to stay about where it started at 10 years ago, even with us pulling out some each month. It's a mix, not all stocks. Some IRAs. IPERS helps, and my wife insisted that while we worked for Iowa, if we did get a raise (RARE in those years - I think we got 2 in 10 years) that all of that would go into the state's matching funds thing. You save and they'd match it to a certain degree, plus the IPERS you were paying into. It's a sacred cow in this state.
Tiny older house on a small acreage we're being taxed to death for - and the county now says it's tripled in value - I'd argue the point - and may do just that. No way this place is work anything close to what they claim. 950-1,000 square feet of living space? Yeah, right.

Property taxes in NM are dirt cheap. We pay around $1,700 a year for our house, guest cabin and two 6 acre lots we purchased adjacent to our main house lot. 18 acres total. Last year I found out that when I turn 65 (11 years from now) I have another pension kicking in (very small) from when I worked for Hewlett Packard. It was a nice surprise.

 

[MudderNuker]

So did I - 8 years ago now. I was lucky on the health insurance. We had our employer supplied insurance, but as costs rose, we had to pay $20 a month as our share of it. I hardly ever called in sick and used vacation for doctor appointments and so on. So I maxed out on my slick leave by the time I hit 60. The state took your unused sick leave hours times your hourly rate and put that into a pot and continued to pay for your health insurance up to age 65. So from the time I retired to age 65, I paid $20/month for the first couple of years, then it went up to $40 in the final years. It really hurt when I turned 65 and had to start paying my own way. My wife was the opposite - she had converted her sick leave to vacation at like a 3 to 1 ratio - which she later regretted. So she ran out of the SLIP (Sick Leave Insurance Program) money after 3 years - she retired at 57 as she was maxed out on what she'd get from IPERS and so on, so everyone told her - why are you still working, giving them that free money?

I retired at 52 almost 2 years ago next month. Loving it. Even with a $110k pay cut.

 

[Rusty PW]

Tires require a mix of petroleum products and raw rubber, the US produces 0 raw rubber, it is all imported. So based on how math works US made tires would go up in price eventually and imported tires (like the always talked about Kenda Klever) would also go up if certain trade related percentages stay in place.

#nopolitics lol

Love my Kenda Klever MT's.

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