I’ve touched upon this subject in my subscription newsletter, but I had no plans to write anything more until I got a note from a friend, mentioning a particular investment analyst and his views on investing over the next few years. I had to agree that it was brilliant analysis, but at the same time I knew that I’d never do anything about it, because I simply can’t bring myself to put money into “the markets” anymore.
21 sats \ 0 replies \ @grayruby 15 Sep
Me either. The market is totally driven by fed liquidity and passive flows. Unless you pick the next Nvidia you aren't likely to outperform money supply expansion.
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21 sats \ 0 replies \ @hasherstacker 15 Sep
Totally agree. Thank God for Bitcoin.
We left the corrupt market. We no longer need their tools. Thank God for Bitcoin.
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0 sats \ 0 replies \ @SatsMate 16 Sep
I haven't fully exited, but am about 75% of the way there. There are positions that I am still waiting to exit due to tax and other reasons.
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0 sats \ 0 replies \ @160ed04091 15 Sep
The biggest drawback is that Both stocks and bonds are influenced by economic conditions, interest rates, and market trends, which can be unpredictable and beyond the investor's control
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0 sats \ 0 replies \ @zapsammy 15 Sep
being a high intellectual in a field that promotes wrong-doing is an overall stupid behavior.
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0 sats \ 0 replies \ @BlokchainB 15 Sep
I am going to push back against this.
While yes going into the markets for pure financial gain and nothing else I can understand your logic but I feel like this approach is throwing the baby out with the bath water.
The major reason I pulled out of the markets ((401(k) mutual funds and index funds) is for two main reasons
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Regardless of your portfolio performance Wall Street always got their management fee. I think they should get zero fees if your portfolio loses money.
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I am so sick and tired of the manipulation and the funding of all the industrial complexes (big pharma, big tech, but most of all the funding of war) . I didn’t want to passively own stupid companies like Walmart who have like 10 family members on the Forbes billionaires list but pay every day American workers shit wages and benefits while being leveraged to the sky with debt.
But the more I think about companies who are doing good things and bringing products and services to better life here in this planet the more I want to invest in those companies. Thus I become more an ideological investor.
Almost any company that owns bitcoin on their balance sheet I want to own. Companies that are providing great products and services have great balance sheets and treat their employees well are the companies I want to buy and hold forever.
Energy companies, utilities companies, companies pushing the boundaries and exploring space. By giving them some of my capital they can continue to deliver to the market thus improving my life and those around me.
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