3 ms·
+1 to this. I'd been worrying since mid-late January, and aggressively telling people since early February that this was going to be bad... but even a week ago,
by californical 7y ago
+1 to this. I'd been worrying since mid-late January, and aggressively telling people since early February that this was going to be bad... but even a week ago, tons of people that I talked to were thinking that this was such an overreaction and would blow over. Just couldn't believe it, even after seeing how it went in Italy, a majority of people said the US would never have that problem.
I didn't even know that a "put" on the stock market was a thing until last week, and am not particularly interested in figuring out how to do that... But I did back out of buying a car because I thought I'd be better off to have the cash when this gets bad, and here we are now in this thread... Maybe next time (hopefully there isn't one) I'll figure out more of what a "put" actually is and how to get one