The huge amount of stimulus money is slowly unwinding, also people panic. Let’s say I’m invested with $50,000 in Walmart and I’m up 8.9% . In ordinary times I’d stay invested to see maybe 15%-20%
When I see in the media the market is dropping and my 8.9 is already down to 7.9 I’m selling to keep what I can.
This is how the panic happens
But now I’m sitting on this cash, and like Matthew McConaughey says in wolf of Wall Street , they’re fucking addicted , so the next day I put some or all back into a new idea a new brainwave.. out of tech and into food production. Out of Walmart and into real estate.. who knows
But slowly the stimulus will unwind in equities, bonds, real estate …
This is how the panic happens
But now I’m sitting on this cash, and like Matthew McConaughey says in wolf of Wall Street , they’re fucking addicted , so the next day I put some or all back into a new idea a new brainwave.. out of tech and into food production. Out of Walmart and into real estate.. who knows
But slowly the stimulus will unwind in equities, bonds, real estate …