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If you're an investor, you know to never sell and add on dips. Fastest way to reach your financial goals based on 100 years of data.
Fastest way to reach your financial goals based on 100 years of data.
The right doesn't riot.
Only the left is violent
Then the left would riot and send markets into a tailspin.
They rioted since last May. Markets did the opposite of "tailspin".
FuckCCP89 saysThey rioted since last May. Markets did the opposite of "tailspin".
It’s more about if Trump’s death flails actually amount to actual action rather than just angry petulant tweets.
They rioted since last May. Markets did the opposite of "tailspin".
FuckCCP89 says
They rioted since last May. Markets did the opposite of "tailspin".
There were a few days of actual rioting that amounted to anything outside of Seattle. In Los Angeles area Santa Monica was looted May 31st. That’s my only vivid memory of looting hitting close to home... Dow did drop a week or so later by 2000 points... but that was probably more due to renewed lockdown fears.
Select a nice passive index ETF and forget about it
So just on that level, it doesn't look good for stocks.
I moved to a S&P 500 index, but It just doesn't look good to me
indexes are going to get hit hard "soon"
Bitcoin is interesting but it seems very much like gold to me, and it also has extremely high transaction costs of over 3% round trip.
Select a nice passive index ETF and forget about it
Of course this YouTube rando might know the secret.
Have you looked into Robinhood? No commissions on BTC/ETH trades but they don't allow you to get the best available price. But that seems like pennies on the dollar to me considering the return potential
I do feel we're in the final stage of the bubble and will probably pop sometime this Spring.
As for selling, no one is a market timer, human nature is to be scared when it time to invest and enthusiastic when it's time to sell. Paralysis and FOMO are death to most undisciplined investors.
We have no where to go but to inflate to pay for our pseudo socialistic society. We will never pay down the debt, oligarchs will only tolerate so much tax, the only way forward is to inflate until it all collapses
Paralysis and FOMO
Dholliday126 saysParalysis and FOMO
Oh god, do I know about paralysis. Back in March I had $100k equity line on my house ready to tap... a fresh $30k in cash ready to invest. And it sat in my brokerage account untouched. I of course let my 401k ride the wave and kept putting 10% of my paychecks every two weeks... but due to legitimate fear of losing my job at the time I couldn’t bring myself to risk cash or leverage my heloc. Kept waiting for the double dip that never came. Only consolation prize is I more than doubled my cash from $30k to $70k just by being extra frugal the last year.
Dude I took a bath on 2007/8 in the market and sat in cash for a decade
Back in March I had $100k equity line on my house ready to tap... a fresh $30k in cash ready to invest. And it sat in my brokerage account untouched. I of course let my 401k ride the wave and kept putting 10% of my paychecks every two weeks... but due to legitimate fear of losing my job at the time I couldn’t bring myself to risk cash or leverage my heloc.
That was when margin debt increased 9.5% month over month.
crypto values and the month over month increase in margin debt, much of that increase went into BTC and other top level Crypto coins.
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