Comment on How is the Stock Market keeping it's value after *points to everything*?
partial_accumen@lemmy.world 2 days ago
how the market isn’t down 75% - 90% by this point.
I keep asking myself this same question as I stare at my retirement savings in what seems like trump’s crosshairs. I only have a few possible answers, and none of them are enough to explain the continued high valuations.
The only things i know are: “the market is irrational” and “time in the market beats timing the market”. How long before the crash occurs? How much gains are lost if I pull it out too early? Days? Years? Even if I were to pull everything out now, when would I know its safe to put it back in? Would I accurately be able to determine the bottom of the market and magically put it all back in to reap the spoils? If the damage trump does to our country destroys the value of the dollar, then even having pulled everything to cash would mean it would be in (at that time) worthless US Dollars.
I’m simply not that smart to execute that successfully and I don’t pretend to be.
someacnt@sh.itjust.works 2 days ago
Hmm I dunno, but maybe it is time to diversify. Into euros, yens, and probably yuans. How do you think?
Num10ck@lemmy.world 2 days ago
first off, your trading account is in some financial institution that might itself shatter. without a federal rescue boat to save the little people. second, if the us economy actually collapses 80+%, nowhere else is safe. the european union and japan couldnt fend for itself without the current power balance holding firm. china is in a terrible state itself already. no easy answers.
someacnt@sh.itjust.works 2 days ago
Yeah, trading account needs some caution, indeed. If nowhere else is safe… I guess the answer is the real gold? That’s quite difficult. Do you think 80% collapse would come? That’s gotta be quite wild, I was more thinking of general market crash.
skulblaka@sh.itjust.works 1 day ago
Gold will not hold value if the market crashes like that. Food, water, and land will be what holds value.
Num10ck@lemmy.world 2 days ago
if you knew the correct timing/scale/scope you could be crazy rich from it all. nobody knows, even those causing it. personally ive been out of the stock market for 5 years expecting a crash and it hasnt happened yet.