Comment on China's Xi warns 'no winners' in trade war with US

• rumba@lemmy.zip ⁨1⁩ ⁨month⁩ ago

  Have to do something, because the rest of the market’s about to go to shit and ruin a fuck ton of 401k

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  • chillinit@lemmynsfw.com ⁨1⁩ ⁨month⁩ ago

    Capitalism must consume more. Tne line must go up. If that stops happening for very long then your 401k will be the least of your worries.

    Concurrently, Trump will stupid and push the line down for a very brief period of time, repeatedly. It’s tolerated because he’s a puppet that allows much more line go up shenanigans.

    Wait for Trump to do the stupid. Buy the dip in an S&P 500 index fund. Then, hold until Q3 28. The money comes from the retirement of apathetic individuals because the corporate never looses.

    I’m absolutely not stating this is ethical. It’s instead contributing to the problem. My point is that it’s not very difficult to predict the future.

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    • rumba@lemmy.zip ⁨1⁩ ⁨month⁩ ago

      Guessing that the market is going to come out of the dip and not go further down is a pretty serious risk.

      They’re going to uncap crypto regulations, you probably have better luck pumping and dumping that.

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      • chillinit@lemmynsfw.com ⁨1⁩ ⁨month⁩ ago

        Guessing that the market is going to come out of the dip and not go further down is a pretty serious risk.

        All of a sudden the country might not do what’s it’s designed to do and done for its entire history of existence. That’s some “serious risk”.

        Thanks for the contribution from your IRA. It always goes to a good cause.

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