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Last week: SPECULATIVE (TO THE MOON!) bubble This week: Yeah, just buy index funds ... I feel this cycle is common, but speeding up?
by ErikAugust 6y ago
Last week: SPECULATIVE (TO THE MOON!) bubble
This week: Yeah, just buy index funds
...
I feel this cycle is common, but speeding up?
- mschuster91 6y agoMore and more people get into (day)trading on RH and friends during the latest bubbly craze and then stick to it... some because they managed to get a decent chunk of cash to play with (u/DFV should be set for life!), some because they find trading interesting, some because they follow the sunk cost fallacy or worse, try to gamble back their six figures of debt. And now that the bubble has popped, they're searching for new avenues of investment... and until the next bubble arrives, a decent ETF is a good way to park money. (for disclosure: holding a couple dozen AMC, NOK and DAX/MSCI World ETFs)
- sigstoat 6y agoit's definitely faster when you listen to r/wsb one week, and then sane people the next.