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?
Their are several they shorted the heck out of before covid hit. Bed bath and beyond is extremely shorted right now. 127% at the minum right now. GME is good . Amc I don't like,but it's in their.
Bbby is the cheapest right now,they were fighting off bankruptcy. These stocks are heavily manipulated and fuked with,but have the most potential to hurt the banks and hedge funds.....
Know what you are getting into first.
r/bbby