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543

I am by no means financially illiterate but i genuinely don't know what do do to protect the money.

Stocks? Valuations are ridiculous. I already feel overleveraged in equities with 70% net worth in my mid 20's.

Bonds? Fed wants to raise rates by 2023

Land? Lmao good luck getting a fair buyers price.

Gold and silver? I have a stack already and am looking to diversify to keep the purchasing power to buy land out west.

Crypto? No thanks. I bought eth at 10$ and sold at $800. I swore i would never touch crypto again and make the issac newton investing mistake.

Any one have some secret jewish loophole I can stash my cash to protect against the nonsense? I'm literally sticking the money into a savings account getting like 15 basis points.

I am by no means financially illiterate but i genuinely don't know what do do to protect the money. Stocks? Valuations are ridiculous. I already feel overleveraged in equities with 70% net worth in my mid 20's. Bonds? Fed wants to raise rates by 2023 Land? Lmao good luck getting a fair buyers price. Gold and silver? I have a stack already and am looking to diversify to keep the purchasing power to buy land out west. Crypto? No thanks. I bought eth at 10$ and sold at $800. I swore i would never touch crypto again and make the issac newton investing mistake. Any one have some secret jewish loophole I can stash my cash to protect against the nonsense? I'm literally sticking the money into a savings account getting like 15 basis points.

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[–] • 0 pt

I bought after watching it take two hits. I guess I’m not the Oracle of Omaha.

[–] • 0 pt

You don't have to be. Like I said, learn the market cycle so you don't buy anywhere near the top. You don't need special wizard abilities. Buy when it's down 80/90%+ from the top next time.

[–] • 0 pt

I’m not lying. Before I bought in. i watched it take two dips in 1 day. I believe it went down a total of like 15%

[–] • 1 pt

You're not listening bro. I'm just trying to help you man.

You bought it when it was only 15% down.

I'm saying next time, wait until it's at least 80% and then start buying. We should see another bottom in roughly a year.

[–] • 0 pt

LOL 15%? You need to wait until it drops 50%+ from its high. If it were gold or silver, sure, a 15% drop would be a good time to stock up.