Don't look now, Stock Market is Crashing (IRA, cash, investments)

[Retroit]

5% and increasing pretty much guaranteed returns on government securities / money market

vs.

Very likely to crash stocks due to reduced demand due to inflation (highest in 40 years), extremely overvalued internet stocks (remember the 2000 dot.com crash?), extremely overvalued housing (remember 2008), and extremely long economic boom (2008-2023=15 years, when the average is 7), etc.

Pretty obvious where investors should put their money. I sold all my stock funds in 10/2020 and invested in money market funds, and don't regret it.

Even a fool can only be deceived for so long by Joe Biden and his sycophants touting how great Bidenomics is working.

[FordBronco1967]

End of student loan pause?

[16 Acres]

If this is the beginning of the "big one", I've been waiting for it and preparing for it since early last year.

And with the faith I have in this current administration, I've switch everything over to Interest gaining.

Which right now is paying pretty handsomely to boot.

[Finn_Jarber]

Originally Posted by notnamed

Jobs report is too good. Therefore stocks must fall. What a messed up system.


"Wall Street's key indexes dropped on Tuesday as Treasury yields extended their multi-year-high rally after hotter-than-expected jobs data fanned fears of interest rates remaining higher for longer, dragging down megacaps."
https://www.nasdaq.com/articles/us-s...fter-jobs-data

Yes. As absurd as it sounds, good news is bad news for the stock market. They want to hear negative news which proves the Fed rate hikes are working.

However the actual jobs report won't come out until Friday

[16 Acres]

Originally Posted by FordBronco1967

End of student loan pause?

I believe that is adding fuel to the fire.

[ClaraC]

The sky is not falling.

The Dow is still up over where it was last year, and WAY up over where it was 4 years ago.

And that was WAY WAY up over 10 years ago.

Brave money makes money. Don't lose heart.

[BeerGeek40]

Originally Posted by ClaraC

The sky is not falling.

The Dow is still up over where it was last year, and WAY up over where it was 4 years ago.

And that was WAY WAY up over 10 years ago.

Brave money makes money. Don't lose heart.

So make a few buys today, Clara. I'm taking the opposite approach however.

[Uconn97]

"Crash"?

LOL.

[usayit]

This is not a crash... sheesh fear mongering....

For me its time to consider buying.

[ClaraC]

Originally Posted by BeerGeek40

So make a few buys today, Clara. I'm taking the opposite approach however.

Nope, not buying. Not selling.

Steady as she goes.