I have 2/3 rds of the cash back into TSLA. This is a lot of money...
The other 1/3 is waiting... Exactly because of COVID issues, you are correct!
There is no illusion or hypocrisy here. It's all an open book. I take COVID issues seriously until there is a clear improvement.
That people think everything is just gonna open up in a week in California is laughable (hopefully Fremont will open) and to get mad at California if it doesn't is a joke. If you pay attention to COVID trends, this would not be surprising.
Elon liking a tweet intimating NY Covid deaths are fake because Japan has much less is... pathetic.
Ok, I’ll play.
What exactly do you think you’re going to be able to do to save your money (in any form) if the virus
a) kills a significant portion of working age humans? Which hasn’t happened and clearly won’t happen, it’s just not that kind of virus.
b) causes repeated ‘waves’ of illness in the population? Which seems likely.
c) causes continued and/or repeated economic shutdowns? Possible but currently unknown.
d) causes healthcare system in developed countries to crash and burn? Up for debate if that’s happened. Certainly specific states/countries have been seriously stressed, others not so much to this point.
Answer: Not a damn thing. It’s out of your control. It’s going to play out however it plays out. And like every other major crisis to hit humanity, life will go on in some form, often better for the crisis.
You thinking having cash in hand is somehow going to protect you from economic upheaval is misguided at best.
Throwing shade at people who think people like you are over the top with their ‘this is an omg serious stance’ is weak sauce.
Only people trapped in idiocy and ignorance are unaware of what’s happening in the world. On the hand, people trapped in a constant state of stress and panic repeatedly telling everyone from their pulpit how omg this is more serious than you even know, gird your loins!! is not helpful and actually counterproductive.
This is how it’s going to work, we’re all eventually getting exposed or a vaccine of some level of efficiency will become available after a chunk of the population has already been exposed.
It’s that simple.
If you think the result of stay at home orders and certain industry/company trials results in a recession then act accordingly, but cease with the melodrama or go back over to the Covid thread to commiserate with them.