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Came up at family gathering over Thanksgiving. The masses know about it because of its massive increase in value and are all afraid that they are missing out.
by lowbloodsugar 9y ago
Came up at family gathering over Thanksgiving. The masses know about it because of its massive increase in value and are all afraid that they are missing out.
- baxtr 9y agoThere you go! How many of them have an account yet?
- empath75 9y agoYeah. It’s a sign that the bubble is going to pop soon. Honestly the stock market is getting to be the same way. People should start moving money into safe investments and be prepared to ride out a storm.
- learc83 9y ago>Honestly the stock market is getting to be the same way. People should start moving money into safe investments and be prepared to ride out a storm. If you have a way of accurately predicting when that storm will happen and when it will be over, you should look for ways to cash in on that. Otherwise pulling money out of the stock market because you think there might be a bubble is a terrible idea. People have been warning of a bubble for the last 5+ years--there will definitely be a downturn, but it could be next year it could be 10 years from now. The average person should adjust their portfolio based on how much time they have to keep investing, not based on reading the market entrails.