this post was submitted on 06 Apr 2025
-22 points (10.7% liked)
Conservative
71 readers
10 users here now
A community for some conservative points of view.
Please be respectful, even if you don't agree.
founded 1 month ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Oh I know it's still super volatile. Just wondering if you had any updated thoughts based on how wild the swings are getting. Because I'm still on track and haven't changed my mind either.
The wild swings are probably allowing insider trading to rob the American public of their savings. Hardly a way to run an economy.
I’m a conservative investor. I put away what I can afford into my retirement fund, and in 20 years hopefully they’ll be enough there.
If you want to swing big, go play with crypto or forex or sports betting. Turning the world’s largest economy into an Atlantic City casino or the shittiest pyramid scheme shouldn’t be for wild speculation.
What do I think? I think you’re gonna be up 100% in the short term, losing it all in the long term. And we’ll all be poorer until such time as a progressive policymaker (god willing) takes the big seat again.
Good points.
Well I'm already retired, so I'm set there. And I never buy more than I can afford to lose, so even if it all went south, I'd be good.
But I also don't hold on to stuff long. I take my profit quick. I buy when it's low, as soon as it's high enough for me to make decent profit after fees, I sell. I don't just hold and hold for things like this. Obviously I have long term investments, and those I don't bother with.
This is just my vegas money, so it's been mostly fun to watch.