If your IRA account is holding CD's and Treasuries you have pretty safe securities, frankly. There might be a lot of talk coming from Trumpy, Ramaswamy and Musk et al, they still have to go through Congress to get a lot of shit done, and what Congressman in their right mind is going to vote for a bill that confiscates individual retirement account funds?
Don't let irrational fear paralyze you. Sure, it's possible, if not likely that Trumpy will cause another recession with his uninformed policy changes, but fucking with the nations money? That's not going to go over so well. If he does cause a recession and a major market pull back, then a large position in cash or liquid securities like you have would be an advantage, as buying equities at the bottom of a recession is how fortunes are made.
I think that just like last time, the majority of the people will sour on this asshole in rather short order. He doesn't have the mandate he and others keep touting (For the third time in a row, more people voted for someone else than voted for the Orange Turd) so he isn't going to do half the shit he thinks he'll do. The Department of Education isn't going anywhere, for instance.
You're fine. If you are really worried about the "major brokerage house" then you could always move your IRA's to a major bank, but again, this isn't 2006 & 7 and I don't think him crashing the Dow by 50% is in the cards. Of course, I could be wrong. I often am. That's why I don't write a financial blog!
My biggest concern is they will start fucking with Social Security just as I am on the cusp of beginning to receive benefits. If they raise the age again or cut benefits, it will make a lot of difference for a shit ton of people, myself included. But again, that's Congress that would do that, not Trumpy himself.
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