to put this as simple as possible. Is the economy going to dump more and then eventually go back up, indicating a buying opportunity in stocks, real estate, etc. Or is all going to zero? Would I be safe if I invest in good companies or is it not worth it all,because the USDollar may go to zero? What are your thoughts? Should I take this as a buying opportunity or embrace the possibility of a complete financial collapse where my money is now toilet paper?
Im just a broke trade school student unsure about this whole shitty clown show, and dont want all of my money to go down the drain.
To go off topic a bit, Would trump even let that happen, because if you introduce a new financial system, what are you going to do if millions of hard working middle class Americans lose all their wealth from the old system?
Excellent question. Answer : My personal experience- My wife and I recently just had this exact conversation because we are business owners that haven't finished our "grand plan" of our business and were faced with what should we do about expanding. Should we hedge all our assets and hunker down or take a risk and expand into the next step of our dreams. We chose to expand. For many reasons including the fact that one of the things we are doing involves processing raw materials into usable items (Alaska = Trees = Sawmill = wood ) , but chiefly among them is this; God has always had our backs. We work our asses off diligently and invest in ourselves at every turn, we use that for every good work we have the opportunity to apply it too. God always gives us more opportunities and open doors and never once have we been led into a pitfall. Not since this whole shamdemic started, not with every cry of the failing economy, the run and hide crowd says don't, don't, don't. I personally am an extreme optimist, but I am a realist too. I understand the whole thing can come crashing down, so for us we have been investing in equipment and useful things that can produce an effect. We decided money itself wasnt tangibly useful if the whole thing fell over but something that could be traded for things we ourselves couldnt get is. That and learning new skills (tradeable too). If you choose to invest in other businesses are they in an industry that relies on many others beforehand to produce what they offer or will they become paramount to an economy that needs raw materials and goods that are necessary for our survival. Just questions to ask. God loves creative and strong people and I believe that for us to live in fear and to exist based on the fear they are projecting onto us is to put our trust in them and not him.
Tl;dr Think about who you and what you are investing in, if you do, and are they something needed and integral to a functioning society. Dont lose hope, Trust God.