Talk of The Villages Florida - View Single Post - Summarization of current investment landscape. . .
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Old 08-20-2023, 12:52 PM
rsmurano rsmurano is offline
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The famous line 1.5 years ago: even a 12 year old could have seen this downturn coming. I sold out most everything 1/1/2022 and got back into oil fund last year for a few months, money market fund that pays over 5%, got into apple late last year and got out a couple months ago, in a tech index fund, and bought into an AI company. Most of our money is in 5.x% money market.
IMO, we are heading for a crash, just as big as 2007/2008. Consumer debt, China downturn, insolvent banks, only 7 stocks supporting the whole market, federal reserve is clueless, corrupt administration.