Comment by JKCalhoun
4 days ago
Yeah, frankly I think there is no truly safe place for investments at this point.
We might as well just enjoy the ride knowing at least when it hits the bottom, we'll all of us be in the same tough spot.
4 days ago
Yeah, frankly I think there is no truly safe place for investments at this point.
We might as well just enjoy the ride knowing at least when it hits the bottom, we'll all of us be in the same tough spot.
Well isn't that the whole point? At a fundamental level, investment profits are a payment for the risk you take. No risk equals no profit. There are "safe" investments currently. You can get paid 4% a year roughly to hold treasuries right now. Considered a "risk free" investment (Which sure, maybe the merits can be argued).
But at the end of the day the only way to profit from an investment is taking some risk. It all comes down to pricing that risk.