July CPI meets expectations, inflation eases: Will the expected cuts be significant?

Views 1.1M Contents 242

Ah Kwang joined discussion · Aug 14, 2024 22:14

"The Calm Before The Strom"

There's a saying of "calm before the storm"

Money is constantly being created.

inflation is an unseen loss that many people take for granted.

most people will be willing to spend on meaningless things and rather let their value decay overtime sitting in a "savings" account.

The worst part is most people take on debt at the peak of the economic cycle.

When you think about it, people often neglect when they take on debt and never ask how secure their income is.

High debt and low growth, that is a prelude to a bubble.

Times of financial crisis are often accompanied by increasing unemployment, consumers tightening their belts, followed by companies tightening their budget.

People who went through the 2008 financial crisis will recall being in a very bad situation and they learn from it and are prepared.

Many people in their 30s and 20s probably didn't experience this in their working age due to still being taken care of by their parents and they probably forgot to observe 'WHY' it happened.

We will definitely see them doing the same thing as their parents by learning it the hard way.

Learn to preserve and increase your value and what value you have.

if you think carefully, in a logical term will you take up a big loan knowing that your income is not secure? What if your investment dips 40-50% do you have the money to hold on to them and not sell when you need the money?

$CBOE Volatility S&P 500 Index (.VIX.US)$

$S&P 500 Index (.SPX.US)$

$FTSE Singapore Straits Time Index (.STI.SG)$

$Nikkei 225 (.N225.JP)$

Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more

Translate

Report

133K Views

Comment

104175567 : Hey this is very true, your post is underrated and I'll add something to your points, money should be created to produce goods and services in contrast to hunting and tricking others into buying trash stocks, leveraged ETF, day trading, etc, to those doing things I mentioned just now, have fun living in trenches and imbibe yourself to your last bottle because you deserve it, if you know whom i meant

Report
Reply

Cancel Reply

Ah Kwang

A new journeyman in the financial landscape, there are no losses in this journey. Only wins that awaits.

Followers

Following

310

Visitors