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Old 06-10-2022, 05:18 PM
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Lorewalker Lorewalker is offline
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Location: Oakland, CA
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From an article posted today, Elon Musk recommends buying physical things in this environment. https://finance.yahoo.com/news/elon-...180112580.html

As I posted earlier in this thread, the market was never more in peril (in recent times) than in March 2020 when the whole world shut down. DJIA dropped to 19K and took the rest of the year to come back. Things might not look great short term but look at what cards and other tangibles did when the DJIA took a massive hit. The DJIA is no where close to 19K however that is far from the only measure of a strong or weak economy.

And sure it does not feel good when the stock market is down, even if you have no money in it, because enough people do who start spending differently, but this too shall pass. If you are long cards and long the stock market you are gonna be just fine.
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