Some friends and family members have asked me in recent months where to invest money during this pandemic. I don't like to recommend because these are not normal times. And besides, investing in stocks is not for everyone.
My philosophy: Be prepared to lose everything you invest, and blame only yourself if that happens. It's the same with all the gains in life; only you is responsible, and nobody else.
For example, look @ gold, look @ Warren Buffett, and don't look @ the real economy; they are not indicators of our times and of our future. Invest in the land of our children, Earth...a clean and prosperous and healthy Earth.
And if you must, or are ready to lose all the money you don't need, or hit the sky up so high that you fly completely free ...
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https://markets.businessinsider.com...onnected-paul-krugman-op-ed-2020-8-1029526796
That puts a realistic perspective, based on yesterday (real gains), today, and tomorrow's expectations.
Clean air, clean water, clean health, clean earth, clean food, clean audio, clean environment, music is good for the soul (in particular classical and opera), clean life.
The markets have zero to do with the real state of the economy; less than zero.
It's all speculation in a world in expansion or misery.
Invest in equality, in peace. The happiest richest people that's what they invest in.
That's my opinion after extensive concrete experience...very hard work, extreme endurance, going all in, living to the fullest with all the super lows and super highs.
I don't recommend anymore; it's a road that only you is in control, and nobody else.
The rest, the world is ours...what we all make of it, all of us together, and nobody else.