I would imagine that a ton of huge companies will plummet in value or even crash and burn, with so many high-profile arrests in the business world (including many surprise arrests we didn't see coming). I have no doubt in my mind that this will be better for the economy in the long run, but for many people who are invested in funds that include hundreds of companies, the thought occurred to me to hold onto my finances personally these next few months.
Any nudge in the right direction would be much appreciated! I do, of course, understand this is all speculation and theory, as stock markets are unpredictable even when we can anticipate other things that might affect it.
If this goes down, I would expect an immediate halt to the markets and a cooling down period followed by a speech of what happened and the rightful person put in power and another speech to let us know the republic is saved. And then, the markets will reopen. So if Trump had 75% of the vote, I would expect 75% of the country will be celebrating and to be reflected in the market. One can dream anyway.
Be careful of advice on here. I always cringe when I see handshake accounts on here giving financial advice because there are lots of shills that will try to ruin your life with bad advice or at least get you to take tax hits for pulling money.
That being said, I'm holding still at the moment with my money in the market. If this actually goes down the way we think it will, the value of the money we have will drastically change anyway.
You should always be careful of advice anywhere. I've not trusted the 'legit' sources for some time. I do my own research and I am still wrong most times. Maybe 50/50. I would be nervous about what could happen, but there is a chance that it could be well received. I was shocked how fast the market recovered after 9-11.
Be diversified or pull out its honestly your choice. I choose to be diversified and have a minimum in the market so it doesn't bankrupt me if a huge crash occurs but I also dont miss a big spike.
I have sold most of mine. Not because I think it will crash but I no longer wish to support most of the companies I was invested in. Apple, QQQ, DKNG (gambling, NBA, NFL) and so on. If someone had a list of companies with good values that aren't involved in mass corruption I would appreciate any tips!
whether you are a believer or not, this financial system is going to crash. Upon which, all debts will be eliminated, the knock-on effects on the markets as a whole, will be devastating. I further believe that honest money will be credited into the new system.
Consideration should be included into your calculus, that all International Corporations are at risk.
The owners of the corporate bonds are legally superior to all share-holders,
these owners are all at risk of asset seizures.
I can see them being broken up and divested.
where a market exists National businesses can be given the infrastructures and IP etc to serve that market.
There are currently so many unknowns to make accurate forecasts of the future.
But the entire financial system, in every country is kaput and needs a replacement. That is certain.
Not an expert, but my theory is that the markets are propped up/inflated by billionaires right now... propped up to prevent a crash. Last I checked, WS endorsed Biden. BUT, based on his recent exec orders and Keystone XL work closure, people are pissed... there’s no telling what would happen if Biden were to be removed from office. It may trigger a recession, on purpose, just like what CV19 did, or it may just play its coarse... would it sky rocket up? Doubt it
Are you invested in companies with real earnings? Or are you into big tech smoke and mirrors? It matters.
I pulled most of my money out, just left some in gold/silver/minerals mining, and a bit in LIT (lithium batt tech ETF). Plus a little in the inverse FANG fund. Not enough to hurt if I lost it, but enough to do a happy dance seeing those fuckers tank.
No expert, but I pulled them all. As I see it I’m not losing money even if I should miss out on stocks rising. There are stocks rising everyday that I miss out of. Better safe than sorry.
It kept going up until the crash of 1929...
You think there are a lot of puts? It's veen mostly calls since covid and a lot of up and comers really cracking into the market and taking off.
Lots of it is artificial where people puah a pump and dump tricking suckers into thinking they'll miss out on the pump and then the poor saps are left holding the bag.
Happened to me early on.
The swamp is deep. Thousands.