Shits fucked homie, right on time for our once a decade economic crash. Maybe more like COVID than 08, but we’re past the point where hitting the brakes can help. To a certain extent it’s too late to brace for impact if you haven’t
I sold all my stocks and switched to bonds in my 401k in February. Fidelity then started messaging me that I was too conservative and needed to mix in stocks since I wasn’t gonna retire any time soon, as if I’m ever gonna be able to retire. Last Friday when it went down 5% or whatever, I was up .5%.
I missed the 2008 crash cause i didnt have any money. I was too slow to react to covid. I’ll try to buy back in when it’s on the other side of the bottom. In the meantime, I’m saving up for 8 months worth of income.
VIX is what’s important…
It’s basically volatility.
https://www.investing.com/indices/us-spx-vix-futures
Shits fucked homie, right on time for our once a decade economic crash. Maybe more like COVID than 08, but we’re past the point where hitting the brakes can help. To a certain extent it’s too late to brace for impact if you haven’t
I sold all my stocks and switched to bonds in my 401k in February. Fidelity then started messaging me that I was too conservative and needed to mix in stocks since I wasn’t gonna retire any time soon, as if I’m ever gonna be able to retire. Last Friday when it went down 5% or whatever, I was up .5%.
I missed the 2008 crash cause i didnt have any money. I was too slow to react to covid. I’ll try to buy back in when it’s on the other side of the bottom. In the meantime, I’m saving up for 8 months worth of income.