Any financial guru please explain..
Feb 19, 2021
10 Comments
World is reeling under crisis and.....
Crypto to the moon
Stonks all time high
Gold slightly below highest ever price
Commodities like cotton, oil nearly pre covid levels
House prices are crazy
......
My reason of worry is - will it go South everywhere at once, i know no one is an oracle here but still Fin Gurus have some 💡
#personalfinance #investments #stocks
TC: 130k
comments
190k TC 1 YOE
1. Money printer goes brrrrrr.
2. My spending is way lower due to Covid (bar/resto budget is half that of Feb last year, haven’t taken a decent vacation since 2019, didn’t buy clothes in 2020 due to wfh).
3. Interests on bank accounts near zero.
—> where do I put my savings? Not in a bank account but anywhere else where it could get a better return. Stock market, crypto, house,...
My guess: once we’re all vaccinated I’ll have to sell of some investments to make up for lost time (again: bars that survived, restaurants, traveling,...)