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Joined 2 years ago
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Cake day: August 26th, 2023

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  • Everyone who said the sky is falling. Someone would be right eventually. Personally I don’t think it had to happen or any analyst was correct, none of them could point to a specific cause beforehand so they’ll just retcon their guesses to say they were right. There were some sectors that were definitely due for a correction, like housing in the US, but the whole thing didn’t have to topple. It just took a complete fool in office to start thrashing about with brainless economic and geopolitical policies to push us toward a wide spanning recession.







  • You’ve got two choices. 1 - continue to invest using DCA even thought the market is down.

    2 - sell, move your money to a CMA or something, likely at a loss for some of it, and pay your capital gains.

    Because the option you are engaging in FUD over is that the market does not come back up. My friend, if everything goes to shit in that scenario and you don’t have a pile of cash under your mattress, you’re just as fucked as everyone else. There will be a run on the banks and there will be no money for anyone. So either put stacks of $20s in the freezer or keep investing.