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I Completely Sold Off All My Investments This Week

14 pointsby thelookingglassabout 5 years ago

3 comments

wcoenenabout 5 years ago
If "the Fed is printing money at an incredible pace", as stated in the post, then it might be unwise to sell one's assets for that same money.
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lolsalabout 5 years ago
The author sold &quot;95%&quot;, not all, for what it&#x27;s worth.<p>I am not an economist, or a professional investor - I am a complete amateur and mostly ignorant, but it bothers me that folks are treating &quot;14.7% unemployment&quot; as if it is the same metric as _actual unemployment_. That number is so high right now because _people are not allowed to work_. It&#x27;s true that literally lots of folks are not working right now, but that is a completely different metric than a huge lack of supply of jobs.
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bitlaxabout 5 years ago
“I don’t know — and perhaps with a bias — I don’t believe anybody knows what the market is going to do tomorrow.” — Warren Buffet<p>This just seems like a characteristic statement by Warren Buffett and not some indicator of a crisis.