- Joined
- Dec 7, 2002
- Messages
- 8,893
- Reaction score
- 3,902
Between the bi-polar stock market, a hawkish fed, a once in a generation inflation rate and major geopolitical drama, there appears to be no safe place to park your money.
All the traditional "hedges" to equity investments like gold and real estate are also struggling. Buy Bitcoin? Say goodbye to your money. Buy Blue Chip stocks and/or the index? Say goodbye to your money. Stuff your money in a mattress? Inflation (and possibly moths) will eat away at your money.
The latest stock market swoon seems different this time around. Central Banks are sending a clear signal that their priority is the economy and not the stock market, so any allusions of reducing interest rates is unlikely to happen. Previous levers to help lift the economy out of a recession (stimulus funding, tax breaks etc.) are out of the question due to rising inflation.
I'm so tempted to average cost down or pick up some big names on the cheap (NVIDIA, META, AMD, SHOPIFY etc. etc. are all down 70+%), but it looks like things can get even cheaper. This past year has been brutal, and every pop has been sold off within days.
We live in a crazy time when a good jobs report tanks the stock market. I shudder to think what today would be like if we actually got some bad news.
All the traditional "hedges" to equity investments like gold and real estate are also struggling. Buy Bitcoin? Say goodbye to your money. Buy Blue Chip stocks and/or the index? Say goodbye to your money. Stuff your money in a mattress? Inflation (and possibly moths) will eat away at your money.
The latest stock market swoon seems different this time around. Central Banks are sending a clear signal that their priority is the economy and not the stock market, so any allusions of reducing interest rates is unlikely to happen. Previous levers to help lift the economy out of a recession (stimulus funding, tax breaks etc.) are out of the question due to rising inflation.
I'm so tempted to average cost down or pick up some big names on the cheap (NVIDIA, META, AMD, SHOPIFY etc. etc. are all down 70+%), but it looks like things can get even cheaper. This past year has been brutal, and every pop has been sold off within days.
We live in a crazy time when a good jobs report tanks the stock market. I shudder to think what today would be like if we actually got some bad news.