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TopicStock Topic 12
greengravy294
11/25/20 10:02:07 AM
#315:


So i had an interesting thought and spoke with a certified person with more assets than I suppose anyone else has here (old people with pensions, and shit). It's all tied up, so I can respect their conservatism when it comes to moving money simply because it really can't be moved.

But if you're worried about the future, which you know, i get...look at the graphs forever. Ever since America became a superpower. If you think america is great, and will be great, staying out of the market is absolutely insane to me. I know people that are waiting for another stock market crash. Guess what, it isn't going to happen. Coronavirus is priced in. Cases are rising, has the market reacted? Once, like 2 months ago. Ever since then, there's just been good vaccine news, less uncertainty about america falling apart, etc.

If you think America is going to blow up, yeah, stay on the sidelines. If not, I think you're a fool to stay out. Put your money into proven stocks. Nothing ventured, nothing gained. Because at the end of the day, if you put your entire life savings into something that actually is literally too big to fail and it fails then life is going to suck regardless because there won't be an america as you know it.

which btw none of this will happen but i work with an idiot thats waiting on a crash with boat loads of money and he's just sitting on the sidelines

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