This cant be good. Inflation is coming. Hope y'all made some good investments.
(media.patriots.win)
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My wife and I liquidated our ROTHs. Sitting in cash and waiting for the 60-70% correction that is coming
I think that hyperinflation would cause the stock market to skyrocket. As the value of each dollar declines, the price of a stock relative to a dollar increases. I think that stocks, crypto, gold/silver, etc. are the best place to have your money right now, but I could be wrong.
Yeah; I have stocks hitting pre covid prices... which was over valued... but I'm holding (instead of cashing out at 'overvalued' prices) because they're going to [keep] going up with inflation.. ergo the money is safe in a way.
When people have no money to spend, company stock will go down in price. Crypto is going up because people know how worthless legacy money is about to become.
I like the idea of accruing debt and holding assets when inflation becomes an issue.
Quotahire is investing on the assumption that the inflation will cause a bubble which, when popped, will result in a massive contraction of m1, as it did in '08.
If history repeats, cash will be king.
Hyperinflation is a long shot, imo.
Hyperinflation likely is a long shot, but market flash crash probably not
I had been contemplating cashing out my Roth, but am still a bit hesitant.
Obligatory: I am not a financial advisor lol
Im a retard, so its fine anyway. Besides..ur advice cant be any worse than Jim fucking Cramer
Seems like exactly the opposite what you should do during high inflation. God speed though fren.
Yeah, you might want to rethink that . There will be a crash, but that’s a lot of money they created