• FlashMobOfOne@lemmy.world
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    2 months ago

    I hope you’re all keeping some money set aside for when the LLM bubble pops. It could end up being the best time to invest at a discount since March 2020.

      • FlashMobOfOne@lemmy.world
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        2 months ago

        Oil stocks were down 90% in March 2020. That’s what I went with. You can profit off a lot of things if you’re willing to hold for a few years.

        • bier@feddit.nl
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          2 months ago

          I once had stocks in Shell, mainly because it’s a Dutch company (I’m Dutch) and its a pretty stable investment. But it felt very wrong to invest in oil. So after a few months I sold them (thankfully with a little profit).

          Personally I just don’t want to invest in anything I think fucks up the world. It’s also why I don’t want to invest in meta and some other tech companies.

          • ubergeek@lemmy.today
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            2 months ago

            Personally I just don’t want to invest in anything I think fucks up the world.

            For better or worse, then you wont want to invest in well, anything. Capitalism is always fucking up the world.

            That said, most don’t have a choice about it, if they ever want to retire.

            The best I can get you is investing in Seed Commons, or something similar: https://seedcommons.org/invest

    • bier@feddit.nl
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      2 months ago

      When Trump got elected I sold some of my stocks. My investments are also my retirement funds, so I don’t need them for a while. I’m waiting until the next crash starts, or something else that’s pretty bad (war, rogue AI, whatever). If the market crashes I can immediately step in.