Moving your money to overseas markets isn’t going to protect it. Other countries are having similar liquidity and bond issues. When the bubble bursts it’s going to be world wide.
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Cake day: August 23rd, 2023
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- Dead_or_Alive@lemmy.worldtoTechnology@lemmy.world•S&P 500 rejects SpaceX, also blocking entry for OpenAI and AnthropicEnglish5·10 hours ago
- Dead_or_Alive@lemmy.worldtoTechnology@lemmy.world•S&P 500 rejects SpaceX, also blocking entry for OpenAI and AnthropicEnglish1·10 hours ago
I’ve pulled most of my money out of stocks stuck it in bonds. I have a few dividend ETFs like SCHD and some oil and energy sector stocks that I bought on the cheap before Trump fucked the oil markets.
It’s a giant bubble but there are sectors you can sit in defensively.
IMO the Space X and AI offerings are going to hoover up any liquidity left in a market that is showing less and less breath. Energy shortages will kill by July/August.
- Dead_or_Alive@lemmy.worldtoNot The Onion@lemmy.world•Dave Chappelle Says ‘I Resent the Republican Party’ Because They ‘Weaponized’ Transgender Jokes: ‘That’s Not What I Was Doing’English0·2 months ago
Yeah fuck that, if you lay down with pigs don’t get upset when you wake up covered in shit.
Agreed, but they shouldn’t tank as bad and businesses with healthy profits and a history of dividends should bounce back quickly.
It’s just not worth paying capital gains to pull it out of the market.