this feels right today
this feels right today
Literally, I just heard from a particular place on the Internet ... and I shit you not...
A recession is better than whatever the other person had in store for us.
I swear, Trump could bend them over and shove shards of glass up their ass and they would just prefer that over whatever bad they imagined in their head.
I can do you one better:
The markets going down is good because the people selling are just dumb day traders. All the good investors like Elon and Buffett will scoop it up because they know how to handle it better long term
Like, I think they heard the bad scenario from a left of center person, that consolidation of wealth is bad, and went "well, if they hate it, then I love it!"
They dont have anything imagined. Just that everything and everyone else is bad.
I was born in an area like this, these people exist and there's alot of them. I never get why they let massive weeds grow, and then when the village or county cuts their grass they allow throw a fuckin fit. I'm not a stickler on having perfectly cut grass, but fuck I don't want the field roaches these bastards basically breed in the weeds.
Oops I ranted on the internet again.
I grew up in this world and this was me in my 20s.
Had a 3 letter agent come by my place once because I had been communicating with a baddy online (didn’t know. Mom was talking to him too).
That turned me around. Was so embarrassing.
Joke's on you. That house is just outside Austin on a plot of land valued at $2.6M.
Is it though? I've only very recently (last couple of years) reached a position in life where I could comfortably invest a small amount of money in the market. I'm actually kicking myself at the moment.
Less than a month ago, I was thinking about cashing out, but based on some advice I received and should have ignored, I left it alone. After all, I didn't want to have to pay capital gains taxes. Now a short while later, things have dropped to the point where I'm just barely above the break even point ... FROM TWO YEARS AGO. Meaning my current balance is almost exactly the same as the amount of money I have put into the account. I can only hope it doesn't drop more.
I'm trying to stay strong. I know that selling the dip is not a great strategy. But at the same time, god motherfucking damn, excuse my French. The average person just cannot get ahead without a significant stroke of pure luck. And that sucks.
Respectfully, active investing (where you're routinely making decisions about what to do) is a losing game for randos like us.
Passive investing (particularly with as emotional as you feel about it, which I understand!) is probably what you are after.
There is ~0 chance you (or I!) will make the active decisions well. Get some passive stuff going, it's so boring you forget about it, which dovetails right into that investing philosophy tbh.
Stocks are the one thing people hate to buy on sale. This time might be different because the Russian agent is hell bent on ruining the country, but I am still buying. Index funds. Can't beat the market unless you are a Congress person.
I love the tiny bridge with no evidence of a creek. Likely there to cover where the septic tank overflows.
The MSCI World is down about 10% in comparison with last month. All thanks to Trump's tariff-based scheme of stock market manipulation.