Every normie in the world is buying stocks right now. And they are all in some basket of Mag7 + 1-2 US midcap of choice. That's it.
I also very commonly see my Uber drivers checking their Robinhood or Binance account when waiting behind a red light.Trust me, look out for this sign yourself.
Yeah I realized that too and it has me spooked. I realized I only got into shit in 2020 when I suddenly had time and money to research it. I remember last summer some little intern bitch at the bank I used to work at talking to some fat black chick who insisted that XRP was going to 5 dollars (no clue why ever fucking idiot is always attracted to XRP) and her zoomer friend with the broccoli hair talking about how he invested 10 bucks in efferiumz and had made like a 10 dollar profit or something like it was amazing, which was funny because at the time I had a 20,000 dollar unrealized profit on -some shitcoin. Made me afraid that we're near the top and penniless retards are getting All In with their less than 100 dollar investment accounts. I did enjoy randomly flipping stocks on my phone on my breaks at that job. Felt good to be making less than 200 bucks a day (that job paid shit) and then sell some shit for 1200 bucks and feel like a bigshot while driving home.
>>61937097Let me guess, its not crypto.
>they are all in some basket of Mag7 + 1-2 US midcap of choiceSo literally VOO
>>61937110>xrp attracting retardsLiterally never fails, they’re all on the crypto scam side of YouTube where some 85iq 45 year old rambles on about schizo bullshit
>>61937110>>61937217BOOOOOOOOOOOOOOM
>>61937211It used to be>US stock etf + some international etf + bondsThen it was>S&P500 etfNow people only handpick individual stocks.>Some tech stocks and a random lesser known one that they heard hype about
>>61937227I only do VOO and bitcoin. I’m kind of exhausted with chasing hype.
>>61937254Literally everyone in the world has piled into the S&P500 at this point. Do you have some international at all?
>>61937265Yeah, no. Would rather go down with the ship than send money overseas to make some money.
the trend is only going to go up. you're using old world logic. every kid born in the past 20 years has a smartphone in their mouth to teeth with and as they grow up an get jobs they have instant access to real time data and investing tools no gen prior had which means every nanosecond another wave of investors aping into the markets and making the trend line go up. face it your edgelord doom and gloom views don't work anymore. you're not a unique snowflake with some inside track nobody else has. you're investing in rugpull memes and will lose all your money while normies make 20% apy MINIMUM. And compounds. they get rich you get poor and dumb. you're a victim of your own self inflected and delusional belief of superiority
>>61937298Or you can invest overseas and later sell to take away profits from there to the US
>>61937072This is why the retail investing success my gen x parents enjoyed won't be possible for me, especially with the eventual rise of individual trading AI. Also the make it amount keeps increasing the more and more people make it. It's over
>>61937110I know right. Reminds me of my shoe polisher. Nigger couldn't shut his mouth for 5 seconds about bitcoin. Talking about how it would go to 1,000,000+ dollars because it was digital gold and that it was bullish that Epstein funded developers and invested in Blockstream and Bitcoin.One thing was weird though and I didn't knew it at that time. But he said that Bitachon = trust in Hebrew and that BTC is also trust. He then started saying that many jews, like David Chaum, for example were pioneers in these digital currencies because for their Mosiach (Antichrist for Christians) to arrive, there has to be no more psychical cash.He then continued that Epstein claimed in his email that XRP is a competitor and thus the shoe polisher hated XRP also.Made me afraid that BTC will never go beyond 100k again because all the retards are buying like 0.001 BTC. I did enjoy randomly shorting Chainlink on my phone sitting on the beach with my Margarita.
>>61937303ok boomer
>>61937303If all those normies "get rich", none of them will be however. Rich is a relative thing.
>>61937227Nobody above room temp iq fell for the international or bond memes
https://fred.stlouisfed.org/series/BOGZ1FL153064486Q
>>61937339no they will all be rich because they're doing the bare minimum which is have a stable job and invest this is something memetards will fail to do as they continue to falsely believe they have some inside edge in spite of the fact they can't even hold a job or take good advice. they are part of the same folks who are simply belligerent and choose to spend all their time and money on drugs, partying, gambling and the like
>>61937254Go to bed grandpa. Make sure you sell the goy gold if you get one last pump above 100k
>>61937355I'm not going to argue about the state of /biz/nessmen, but if everyone is doing the bare minimum that just leads to more inflation and a new baseline. Previous generations used to invest more in real estate, so if you went in stocks it wasn't such a big deal. Now no one can afford to buy houses and everyone is in stocks. The only way to reset the baseline is a crash big enough that enough volume will get shaken out for years. The next 2008 tier stock crash can't come soon enough, unfortunately even a full AI correction probably won't be big enough to generate that result.
>>61937368>everyonem8 the baseline is way lower than you think. there are way more investors today than ever in human history. that doesn't mean there isn't still an unfathomable amount of clueless cattle ripe for exploitation. both statements are true. more investors exist every day thus allowing investments to continue growing while simultaneously unfathomable amounts of stupid poor people will always exist can't force a horse to drink blahblah
>>61937364I’ll probably outperform you over several decades by an order of magnitude. Best of luck, anon.
>>61937072Most people in the world are old and technologically illiterate, they rely on investment firms (also full of the elderly) to handle their money for them. We're, inexplicably, still early.
>>61937298That's the most NPC thing I've read this week, I think you're serious
>>61937771I don’t want to invest in Europe or China. I think most companies outside of the US or Japan are ass and I don’t want to give them my money.
