Thursday, March 12, 2020

I am Not an Investment Advisor and This is Not Investment Advice


But if I was an investment advisor, and if I was offering investment advice, my advice would be to buy stocks  (in a diversified way, e.g. index funds) right now while the general market is down and in panic.

Ain't rocket science:

If civilization collapses your cash isn't worth anything anyway, so why bother holding it tightly? (Yes, having some gold and silver put back is a good idea too).

If civilization doesn't collapse, the market will come back, and when it does most of those stocks will sell for more than they did a week ago and a damn sight more than they're selling for today.

I'm not a big investor myself, but I've deposited a few extra tens of dollars above and beyond the usual in a retirement investment account this week.

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