• KevonLooney@lemm.ee
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    10 months ago

    Sentiment is not reality. The stock market is a voting machine in the short term, but a weighing machine in the long term. This means yearly financials are the only thing that really matter for investing. Do not worry about a 20-50% drop in prices. That appears to happen every decade or so.

    Just because it “goes crazy”, I guarantee you US Treasury Bonds will not go down in price. In fact, I bet they go up in price. Whenever there’s large issues in the world there’s a “flight to safety”. US Treasuries are the safest assets around.

    • S_204@lemm.ee
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      10 months ago

      I’m fascinated by the ability to see how completely fucked up American politics has been for the past decade+, and honestly believe that a president dying in office wouldn’t throw the government completely off the rails. It’s barely on the rails right now.