So folks with Fidelity accounts bought more vs sold, but overall.
Be careful as I think we are heading into upcoming week with some mad volatility. I'm already feeling the pain, and I'm fully expecting more to come and trying to figure what to unload to load up on cash for buying.
Yeah, I think next week will be more volatile than last week. Crypto had a bit of a flash crash overnight after the sell off on Friday and the volatility there will be a good indicator on what Monday may bring.
As an investor, I'm hoping for a 50-60% decline in total market value. I'm hoping the debt bubble pops and the inefficient companies that have been able to survive over the last decade are finally allowed to fail. I'm hoping the insane PE ratios come down, that a huge host of crypto coins run to 0. Need the tech bubble to burst and have companies that actually make money becomes a necessity to stock price growth. That's when you will see a monster wave of money move in off the sidelines and a real recovery that hasn't really been allowed to take place since the financial crisis. Unfortunately the speculative retail investors will be the ones that get wiped out.
As a business owner, I hope this bubble keeps blowing. I might as well have a printer in the living room churning out $100's. If you can't make money or find a good job in the current environment you should take a really long look in the mirror.