3 ms·
Democrats can't unring this bell. Decades of trust are irrevocably lost. Ordinarily, I'd say you're right about investment. Long term, the market goes up. Tryi
by jfengel 2y ago
Democrats can't unring this bell. Decades of trust are irrevocably lost.
Ordinarily, I'd say you're right about investment. Long term, the market goes up. Trying to time the market isn't very effective; you might as well invest cash now.
These circumstances aren't ordinary. This is potentially a decade-long depression. I really hate saying that; "this time it's different" always sound stupid. But every nation on earth has just looked at the US and said, "Maybe not", and that's really unprecedented.
I'm not pulling out of the market myself, so you have to take everything with a grain of salt. Without more information, I don't know what to do, so I'm sticking with inertia, and hoping I'm wrong about the magnitude of the potential cataclysm.