Can we have a thread about what the hell to do right now?
🗣️ DISCUSSION 💬
First of all, I'm an idiot when it comes to anything financial. I know many of you aren't. What is the safest thing to do with the money (fiat) that we do have right now? Leave it in our local bank? Credit union? Keep it as cash in my sock drawer? Also, the money in my 401k? Switch it over to bonds or something else I don't fully understand? Any thoughts from someone who's been paying better attention to these things than I?
Only if faith in .gov obliterated. I don't have faith in them, you don't have faith in them, most of board doesn't have faith in them but... what about the rest? Many* still do and it will take a near biblical cataclysm to shake that.
*Next time you go to the market count masks. They all still believe in .gov.