Comment by hunterpayne
2 days ago
Just wait until you find out what $20b in necessarily liquidations does to Meta's stock price and your S&P500 ETF.
2 days ago
Just wait until you find out what $20b in necessarily liquidations does to Meta's stock price and your S&P500 ETF.
Did you have to liquidate your house to pay the property tax on it?
Edit to point out a subtlety: this is an argument at cross purposes. If the economic impact of all this personal wealth growth is so high that liquidating it would move whole markets, then very clearly it represents significant missed tax revenue.