This is really good news. Buy low and Sell high. Finally young people can get into the market. Since when do we care about boomers and investment banks losing their millions?
You're talking about stuff beyond your control. I'm talking about the things you can control. Life is all about what choices you make and what opportunities you can make for yourself. For me, I believe the market is rigged and the billionaire class isn't going to let everything fall apart.... they always win.... You either join the club or watch them from the outside.
I'm not even talking about much. If you bought $1000 in bitcoin in 2010 it would be worth $1.9 billion today. There are those same opportunities now, we just don't know what they are yet. So don't put all your eggs in one basket.
If you diversify, pick some companies you believe in, what you value, for example in AI and tech, then sit on it for 20 years, you just might be glad you did. We don't even have AGI yet, we don't have robots yet. The singularity is near, the world is going to change, and here's you chance to ride that wave. You wanna panic, live in self pity and fear go ahead. It's a strange strategy, but it's your choice.
Make no mistake, there's a clown in the white house, but there's nothing anyone can do about that. What's I'm suggesting is try and find some way to adapt to the situation.
You might be right, I made a screen shot of this conversation and I'll take another look in five years and see if I made the right decision to buy stocks in AI and Tech when they are low. Maybe I'll lose $10k and we'll all be living in an apocalyptic wasteland of cannibalism and death in 5 years...
I do agree with you about one thing. Start worrying about your job now. There's a really good chance AGI is going to take your job regardless of what Trump does. That's coming... AGI is coming. Prepare for that inevitability now and try to find a way to survive.
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