It’s real enough that the AI bust is going to leave us all in the blast crater. Tens of thousands have already been laid off in the tech sector. Those people are edging people like me out of a job or moving into other sectors and competing for jobs there. Both them and I are spending less.
Now image the blast wave when AI really falls down.
when stocks drop massively in price you want to buy the dip and DCA down, make sure to pop into ETF’s to stay on the safe side, only go individual stocks if you’re willing to risk it
We’re all good at different things, friend. I feel rich in spirit, and in my many years have noticed life getting harder for the people I care about as number goes up. Matter, energy, “wealth” can’t be created or destroyed, only transferred, and what that line seems to correlate with most is how much has been taken from the world we share and locked away in a form that can be measured and controlled.
I want to be more connected to that world, to know and feel ever more, not merely be compensated for my cooperation by power within a process consuming what I am already part of. Contentment comes from place and purpose, and number will never provide that. Do the billionaires seem happy to you? Is their lifestyle an aspiration? Investment gives to them of your self and ties your fortune to theirs
It’s real enough that the AI bust is going to leave us all in the blast crater. Tens of thousands have already been laid off in the tech sector. Those people are edging people like me out of a job or moving into other sectors and competing for jobs there. Both them and I are spending less.
Now image the blast wave when AI really falls down.
calm down captain doomer
cheap stocks are on sale! get them at discount :)
Once again, the people that already have extra money get even extra-er money
that’s me!
when stocks drop massively in price you want to buy the dip and DCA down, make sure to pop into ETF’s to stay on the safe side, only go individual stocks if you’re willing to risk it
Line goes up
https://fund-docs.vanguard.com/AU-Vanguard_Index_Chart_poster.pdf
What if you really want to see line go down though?
why would you want to be poorer? are you dumb?
We’re all good at different things, friend. I feel rich in spirit, and in my many years have noticed life getting harder for the people I care about as number goes up. Matter, energy, “wealth” can’t be created or destroyed, only transferred, and what that line seems to correlate with most is how much has been taken from the world we share and locked away in a form that can be measured and controlled.
I want to be more connected to that world, to know and feel ever more, not merely be compensated for my cooperation by power within a process consuming what I am already part of. Contentment comes from place and purpose, and number will never provide that. Do the billionaires seem happy to you? Is their lifestyle an aspiration? Investment gives to them of your self and ties your fortune to theirs
can you speak english?
Lo siento, solomente espanol
awww what a cute bunny!