Asking
Only logged in members can reply and interact with the post.
Join SimilarWorlds for FREE »

Is it too late to sell?

Stock market appears to be going down due to Trump and Musk's incompetence. Might be better to just stick whatever is left in a money market. 2% interest is better than a 50% loss.
Top | New | Old
newjaninev2 · 56-60, F
Sold my american holdings as soon as that buffoon was re-elected. The capital (and profits) are currently in a parking lot. I planned to re-enter the american market once americans woke up, but I now realise that will be a long time, if ever.

It's tempting, because america is having a fire sale, but cheap prices aren't a good reason to invest if the long-term value isn't there .

Europe looks like a much better option.
newjaninev2 · 56-60, F
@AmericanAvenger Now that it's aligned with russia, north korea, and iran, yes?
AmericanAvenger · 56-60, M
@newjaninev2 And I actually argued with someone who had the audacity to question the intelligence of New Zealanders just last month
This comment is hidden. Show Comment
Buying opp
whowasthatmaskedman · 70-79, M
If you are a trader, Tough.. If you are a value, long term investor, it doesnt matter. You dont crystalize a loss until you sell😷
AmericanAvenger · 56-60, M
The market is up today. Smart investor know better than to make a hasty judgement like that.
newjaninev2 · 56-60, F
@AmericanAvenger Dead cat bounce 😂
Most leadership in all countries is invested in Wall Street and corporations that run the wars.
They're okay, too rich to fail, and a little uncertainty just makes them love Washington ever more!
Crazywaterspring · 61-69, M
The thought that President Musk and trump will mess with the FDIC just as we go into a deep and pointless recession is frightening.

It seems they want to kill the dollar and replace it that crypto scam.

 
Post Comment