H3ll no....
.....i'm ready to invest and buy up S&P 500 index funds and DJIA idex funds at deep discounts....
....the plebs will view this as the sky falling but I'm ready to capitalize on this opportunity...
....i was too young and broke in 2008/2009 when the market crashed so I missed out....I'm not gonna miss out this time....
I was thinking the same, but I also know that this time might be different due to the bubble in China, and partially in the US. If this causes it to pop, it’ll just keep on declining and declining. Plus, a LOT of other people are thinking like you are, which means things will change before you realize what to do.
I am a little to be honest.From reading on the stories of people who got the virus some have lived and got through it so who knows....
Only 3% of people who get infected with it die, most of whom are from the older population. I’m young myself, so that lowers the risk for me. There was also a time about a month and a half ago where everyone in my immediate family, and even my dog, got sick. I was the very last one to get sick of them, and when I did, nothing really changed lol. My voice just got super deep and raspy like theirs, but I felt perfectly fine and was still going to the gym and everything, no change in strength or anything lol.
No more than I worry about getting the flu. In fact, I'm far less likely to suffer from this than from the flu. I've been sick 4 or 5 times in 50+ years. If my parents were still alive I'd be worried about them, but my biggest concern about Bat Flu is the public panic of stupid, weak, and dishonest people.
Yeah, I feel that. People are panic buying and everything, kinda annoying tbh. The Fed went ahead and pumped $1.5 trillion into the market yesterday, which raised it by 4%, after which it went back down to where it was initially after 2 hours, and only continued to decline from there. Just to put that into perspective of what that $1.5 trillion could have done:
- It’s 1.5x the amount needed to pay off ALL student loan debt across the US.
- It’s more than 4x what is needed to end world hunger.
- More than 7x what is needed for universal housing.
It’s literally just a Wall Street bailout. But even more than all that, they could’ve used that money to provide testing, treatment, care, bill/work reimbursement, food/shelter, etc. during this pandemic. But instead they, used it to save stocks. And failed, at that lmao
Like I’m not a socialist or anything, but that just screams “we only help the rich”.
The landscape thus far:
* media pimping out doomsday narrative
* Supply chains based in China will slow down manufacturing
* people not traveling or spending money
* Oil beef between Russia and Saudi Arabia
* Travel ban with Europe
* Corporate debt bubble about to burst
* layoffs coming?
No doubt that, at the very least, a downturn is on the horizon....
Gents, now is the time to position yourselves to survive and thrive.....
How would you suggest we do that?
