The stock market is now almost entirely divorced from the real economy.
The huge and almost unabated rise in the stock market the past few years, including during Trump's presidency, can be tied to the federal reserve endlessly creating more and more money out of thin air. That money is largely injected into the stock market. Thus stonks only go up or whatever they say over on wsb.
I fear we're in for a crash of epic proportions when this house of cards starts falling.
Someone gave me advice (as a newbie to investing) and said just save my cash and after the market crashes hard, buy buy buy for cheap cheap cheap and hold hold hold...what say you?
That advice is generally good advice for the normal cyclical up and down trend in the stock market.
My concern with the current goings on is the upward trend now is based not on the economy but purely on the huge inflationary pressure the federal reserve is creating. I think when this bubble finally pops it could finally be the nail in the coffin of our dollar.
If I had a lot of liquid cash I might look into physical safe havens of value. Physical silver that you actually receive would be an option. Guns don't generally lose value ever. Ammo doesn't either but current market is crazy.
I interpret the weakening US dollar as a sign that foreign and emerging markets will have better purchasing power and economic growth. This is why 20% of my portfolio is invested in related ETFs. I'm super bullish on the future of India, for example. Don't overlook Africa - remarkable GDP growth.
The stock market is now almost entirely divorced from the real economy.
The huge and almost unabated rise in the stock market the past few years, including during Trump's presidency, can be tied to the federal reserve endlessly creating more and more money out of thin air. That money is largely injected into the stock market. Thus stonks only go up or whatever they say over on wsb.
I fear we're in for a crash of epic proportions when this house of cards starts falling.
Someone gave me advice (as a newbie to investing) and said just save my cash and after the market crashes hard, buy buy buy for cheap cheap cheap and hold hold hold...what say you?
I'm far from an expert by any stretch.
That advice is generally good advice for the normal cyclical up and down trend in the stock market.
My concern with the current goings on is the upward trend now is based not on the economy but purely on the huge inflationary pressure the federal reserve is creating. I think when this bubble finally pops it could finally be the nail in the coffin of our dollar.
If I had a lot of liquid cash I might look into physical safe havens of value. Physical silver that you actually receive would be an option. Guns don't generally lose value ever. Ammo doesn't either but current market is crazy.
I interpret the weakening US dollar as a sign that foreign and emerging markets will have better purchasing power and economic growth. This is why 20% of my portfolio is invested in related ETFs. I'm super bullish on the future of India, for example. Don't overlook Africa - remarkable GDP growth.