GirlChat #735777
Predicting the end of the world
Posted by Butterfly Kisses on 2020-August-18 00:04:48 EDT, Tuesday
In reply to Hoard it like your life depended on it. posted by Eeyore on 2020-August-08 22:38:42 EDT, Saturday
Yet every election, every malthusian disaster, every war, humanity gets through just fine.
That being said, investing in U.S. stocks right now is probably not a good idea, valuations are at 26 times earnings with 20 times earnings being the usual considered good price. So I'm expecting about 20% dip in the stock market pretty soon at least. Maybe another 40%. Then comes the good time to invest and make bank. Cause you can scoop up all the cheap stocks after everyone panics and dumps their retirement cause they got spooked.
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