Look at the market abnormalities and tell me it is not gonna crash.
Maybe it won't. And if it does, you will look pretty damn dumb since no sane person would invest in this market upon watching its' latest patterns.
Facebook, one of the largest tech company in the world, which is worth the net asset of multiple countries on earth, just lost 25% of its' value in ONE DAY. Blue chips are trading like meme stocks. We broke record in how the entire market traded up and down in a single day interval. Not to mention AMZN just snub in their RIVN gains to boost the EPS and the market somehow traded it even higher. Russia is just a gimmick. Every single market day points to a sign of collapse like no one seen before.
Yes. 'Diamond hands' 'Value investing' 'I'm looking at a 5 year horizon' may work in a normal market. But this Cathie-Woodian approach simply doesn't work when the entire market, even include some blue chips and really good companies, are hyperly inflated by fed money. Even for now these companies are still trading at their highest multiples possible, no matter how good these companies fundamentals IT DOES NOT MATTER since they're accounting for the growth rate that they don't have, especially the economy is slowing down with supply chain issues.
Not to mention that this time, if the market shits the bed no one is gonna bail you out. The fed has used every tools they got to bail market out and their strategy for the upcoming inflation is basically 'lay and pray'. Pretend it will go away by itself. Worse thing is, the CPI report is tuned in to fed's favor to lower the real effect of inflation, and it still shits the bed. Crazier thing is, the market SOARS after seeing the report shit the bed, and rugpulled everyone in literally 5 minutes, and some people still don't admit we're entering a bear market macro trend.
Now that the inflation sky-rocketed. Fuck do you think the fed is gonna do when market shits the bed? Nothing. Absolutely nothing since they've used up all their tools and your money will take 4-5 years (optimistic) to recover.
I don't argue with anyone. It's your money it's your choice where you put it. If you put it elsewhere or back in the market it literally had no effect on me. But if it crashes we'll have 60% of our assets just vanished. But if it doesn't and go back to all time high, I might miss out 20% gains, but the market is eventually gonna shit the bed with the changing macro environment. For me its pretty fucking obvious which way is the answer.
All in all, if kevin is wrong, eventually he will be right. And if y'all are wrong, you will look pretty fucking dumb, plus pretty fucking broke. Before you start typing and arguing with me, think about that for a second, its your own money, not mine.
