I’ve made a post 3 days ago in an another financial sub Reddit about why I proceeded with diversification of my stock from mainly tech to rare minerals, gold and silver. It didn’t come across well… It was characterized “low effort” and “conspiracy theory” and was deleted from the sub. “Low effort” because as a not native English speaker I use AI to polish my texts frequently, also “conspiracy theorist” because I was describing the events taking place in broader economy, especially in recent months, which lead me to do the changes.
Well, I’m in a particularly good place to inform anyone who cares, that this move saved me from deep red yesterday. It leveraged every loss that occurred and ended my week in green.
It’s really sad that some people look at the tree and decide to ignore the forest at the expense of others.
Sad day yesterday for small investors with limited liquidity.
How did everyone performed yesterday? Give me your insights as sometimes one information/clue is more valuable than anything else.
Saved by “conspiracy theories”
byu/Efficient-Special-34 instocks
Posted by Efficient-Special-34
1 Comment
The “next shoe to drop” with respect to the market has long been Trump’s next round of tariff threats. It annoys me that Congress could take away Trump’s tariff-setting abilities by simply repealing the law that granted it by a veto-proof majority. Read about the Smoot-Hawley Tariff Act, which is credit with worsening the Great Depression. If you have a fixed amount of money and prices increase 20%, you will buy fewer items.
If someone is going to follow every tick of the market nervously for whatever reason, or have a short (six months or less) investment horizon, maybe the stock market isn’t the right place to have your money.