FlashMobOfOne

This is so cute.

Oof, yeah. Having to make group decisions with money is tough.

Partly why I love being single and childless.

May the odds be ever in your favor.

that is the time to buy in more, not the time to sell.

1000000%

That’s the other side of my strategy, having my portfolio in cash means I can reinvest at the new fire sale prices.

I was able to pay off my student loans by buying oil stock at a 90% discount in March 2020 and then waiting a few years for the rebound. You don’t even need to be rich to do it, just patient.

Yeah, this economy has given me the heebie-jeebies for the last quarter now.

Unless you’re a billionaire or on a signal chat in Washington, I don’t know how you can feel good about what’s happening.

My plan is to stay invested until dividends hit in December, and then I’m going to evaluate moving my investments into a money market or bonds. Amazon’s numbers show that consumers are still buying, and my assumption is that consumer spending will hold off the pop for now.

I 100% expect a massive crash, and when it’s just seven companies propping up an entire economy, the pop is going to be very bad. I’d rather lose a little value in the short term than have my portfolio drop to a calamitous degree and have to wait 5-10 years for it to recover.

*not a FA, just my personal plan

The wrong founder died, unfortunately.

It’s objectively a bad thing when a country’s entire economy is being propped up by seven companies and the vast majority of consumer spending is concentrated in the top 1%.