Short $FAANG Long $ROPE
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- No had a house and sold, not looking to buy now but to relocate eventually
- Buy a house in a growing economy like India and live like a king. Many jobs will shift to India when economy slows and tech companies tries to save cost. Most of software engineers are from foreign countries anyway so the development quality won’t go down too much when jobs move.
- Well, many Blinders disagree that India is shit. Look around the comments. Lots of Indians think US education sucks for kids and India provides better education. They also say America is shit and full of lazy and stupid folks who can’t get a job in tech. If Indians are awesome, India must have educated them well including respecting parents.
- The market is not crashing. Buy baby buy. Stocks, real estate etc. The market in the long run will only go up. Too much money on the sidelines will prevent failure. This time there may be a 10 to 15% correction from peak but money will pour in. So hang tight and get ready for a wild ride.
But make sure you have 25% assets in CDs or bonds. Just to buy on the dip.