Donald Trump has continually insisted that deals over his tariffs are coming.

Donald Trump claimed Tuesday that the U.S. doesn’t “have to sign” any trade deals, inadvertently admitting that his administration hasn’t made any progress during the 90-day pause on his disastrous tariffs.

During a tense meeting to discuss tariffs with Canadian Prime Minister Mark Carney, the president attempted to move the goal posts on actually completing any agreements with foreign countries.

“Everyone says, ‘When, when, when, are you going to sign deals?’ We don’t have to sign deals!” Trump said.

  • TimLovesTech (AuDHD)(he/him)@badatbeing.socialEnglish
    1·
    1 day ago

    True, and as long as expense ratios are the same or lower than your US index/mutual fund then your only real issue is if the US market rebounds and outperforms your portfolio if you had diversified more.

    And the expense ratio’s can vary a lot. For example Fidelity shows the exp. ratio of ($0.08 per $1,000) 0.008% for their Index Equity Fund, where their International Equity Fund has an exp. ratio of ($4.02 per $1,000) 0.402%.

    Even small differences in fees can have a huge effect over time. Say you’ve invested $100,000 at a 7% annual return: A fund with a 0.80% expense ratio could eat up $70,000 more of your returns over 30 years than a fund with a 0.40% expense ratio.

    Source: How to Invest Your 401(k) and Best 401(k) Investments

    • DominusOfMegadeus@sh.itjust.works
      1·
      1 day ago
      Fund Name Ticker Net Expense Ratio
      American Funds New Perspective R62 RNPGX 0.41%
      American Funds New World R62 RNWGX 0.57%
      iShares MSCI EAFE International Index K BTMKX 0.05%
      Janus Henderson Global Equity Income N HFQRX 0.70%
      Vanguard Emerging Markets Stock Index Adm VEMAX 0.13%
      Capital Group EuroPacific Growth SA N/A 0.41%