Is Your 401K Their Way Out?

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alpha100Full Member
Posts: 102 · Reputation: 448
#1Aug 20, 2024, 05:19 AM
Honestly, this is pretty alarming. I've seen a bunch of videos like this, all sounding the same alarm. I just pulled out 90% of my stocks and ETF investments in the past month. I really don’t want my cash tied up in those right before these companies’ IPOs, so I’m putting my money back into bitcoin instead. The NASDAQ getting rid of its long-time rules designed to protect regular folks from shady IPOs feels like a major warning sign to me. Sure, these warnings might be exaggerated, but I think it's way too risky. The AI bubble could be bursting as we speak. And let's not forget about this seemingly endless war driving oil prices through the roof, all while we’re stuck with the most corrupt US government in recent memory. Everything around us is screaming that bad times are ahead for the economy.
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