(Quite literally the antithesis of anything Parenti)

I just got a raise and have some money to waste. Should I dump it now or wait until later? I'm hoping it might help me pay off some of my loans

It was down pretty big Monday, but I'm guessing the crash that people have been talking about for the past five years will be bigger

  • yellowparenti5 [none/use name]
    ·
    edit-2
    3 years ago

    no offense but this isn't the best place to ask for stock advice. lol
    but anyway the absolute big picture is that capital is infinite and it will always seek returns. that's why stonks always go up. and the US market is protected by the plunge protection team. Basically dollar cost average into non meme stocks with solid earnings and growth and you should always be fine.

    And about rates. The US historically has had solid growth in the stock market with rising rates. Second, rates can't really go up much because our, and basically the global economy is dependent on debt levered growth, and anything that stops it will cause a deflationary spiral where everyone is fucked.

    --
    As an aside I find it fascinating how US state propaganda interacts with traders and speculators. They really believe that Russia is going to attack Ukraine and attribute it to "why" stocks are falling.