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Okay? And 1.5 trillion was wiped off of the US equity market.
US equity doesn't pretend to be a low risk investment vehicle resistant to inflation worries.
Where are the lawsuits? A lot of people induced to buy crypto as investment that will be sued for fraud.
That's all the point of crypto-currencies, they need to go up and down to enable speculation. Pump and make it go up. Dump and it goes down. Someone is cashing the difference. A stable crypto-currency will not attract so much speculative investment.
Earlier quoted context omitted.
US equity doesn't pretend to be a low risk investment vehicle resistant to inflation worries.
Except it does
Earlier quoted context omitted.
US equity doesn't pretend to be a low risk investment vehicle resistant to inflation worries.
Neither does crypto. Out of all things that's about the least "low risk" I've seen yet.
US money printer.
Inflation hedge.
Do you think we forget what the crypto-bros said just a few months ago?
And a major land war in Europe hasn't even started yet.
A war require the players to show their cards, which is in nobody interest. Also, there is a chance they you might lose.
This is on top of all the carnage the market has seen in the last few months. Everything is on sale.
> Everything is on sale. Such meaningless phrasing. If something wasn't on sale, nobody could buy it. The crypto meme of dips in the price being 'a sale' is key to hooking the uniformed new fish into the great ponzi scheme.
Where are the lawsuits? A lot of people induced to buy crypto as investment that will be sued for fraud.
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Are you making leveraged trades in a retirement account? It's off 9%. If someone told you you'd have to make do with only 91% of your planned income, you'd be OK. This is what markets do.
Thoughts on a TMF and UPRO portfolio? Better sharpe ratio than 60/40 stocks index
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My bad, didn't check Netflix. It's not "really" part of FANG in my head, I suppose. Edited my comment to say "Big 5" instead.
> It's not "really" part of FANG in my head What do you thought the "N" stood for or you thought it was a placeholder so that acronym is not offensive.
Big Tech stocks have changed since FANG/FAANG was coined, the term doesn't necessarily relate to what was big and heading for explosive growth back then. "FAANG" is a noun that doesn't necessarily mean "Facebook Amazon Apple Netflix Google" any more