I don't believe that.
**Banks here know how to hold onto money. Always did; always will.
**Investment companies know where to invest, how much and when to pull out.
**The stock market isn't going to go belly-up any time soon.
**Long-term Investment Strategies, Wealth Advisors and Financial advisors know when, where and how to put money to use.
This country didn't just get off the turnip truck.
Ok. You really believe that most of the 40M will have jobs to return to? I do not.
Generally the stock market consists of large companies that have been deemed essential. The small businesses are going to be wiped out by this lockdown. Big companies will fill in the gaps. Thats why my 401k and IRA Accounts are up 20% in the last 3 weeks. Most of my investments are Blue Chip companies that survived all the major downturns. They always come out stronger. The little guys get pushed to the gutter.
Nice statement...I agree.
“This country didn’t just get off the turnip truck.”
You could have fooled me. We’re acting so stupidly Idiocracy was a documentary.