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Also the Fed set interest rates so low that you'll loose money having it in saving, causing everyone to invest their money, mostly the in the market. Some inve
by thefourthchime 6y ago
Also the Fed set interest rates so low that you'll loose money having it in saving, causing everyone to invest their money, mostly the in the market.
Some investors are so desperate for something to buy, they're making up new fake companies called "blank check IPOs". Fake companies that promise to make money some day. It's insane.
For stuff like my 401k, I just buy into the market every month, I play a bit in the market personally, I got out of half of it a few months ago. I would love to buy TSLA, but the price is totally bonkers right now.
- grenoire 6y agoA very large majority of finance-savvy people I've been talking to over the course of the past few months have been willfully ignoring that: The markets are doing great now because there's barely a reason to not put your cash in equity! Dollar's devalued, stocks are pumping. Totally right with the blank-check IPOs.