Comments by "" (@mrpmj00) on "El-Erian Calls on the Fed to Start Tapering" video.

The problem about waiting for the stock market to tank 5%-20% is that while you are waiting, it probably went up by the same percentage so you're buying at the same price now as you would have months ago. And if the market doesn't tank, then you're buying higher. that's what they said last year and now those who stood on the sidelines are paying 60% higher because the market goes up in the long term! That's what those who stood on the sidelines in 2009 said and now it's 4-5 times more (or 450% return) because the market goes up in the long term! I bought these on the dips in the last few days. Amazon Facebook Apple Disney
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;;;AMAZON: Yep, I bought a ton on the dip. Amazon invested $14 billion in the last quarter alone, the same as it spent in 6 months before that. It is a do not sell stock. ...With the Delta virus coming at full speed ahead, pandemic sales will make a comeback. Amazon is investing so much money, that no competitor will ever be able to catch up. Amazon's not going anywhere so I know that eventually it will come back. Fidelity considers Amazon as a large growth company (probably because as big as it is, it still only has 7% of the retail market) Get on board or be runover, it's up to you.
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If the market crashes, so will the jobs. Then the government will have to increase social free programs and unemployment money.
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Biggest risk is not investing in stocks, and sitting on the sidelines and complaining! I bought these on the dips in the last few days. Amazon Facebook Apple Disney
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The problem about waiting for the stock market to tank 5%-20% is that while you are waiting, it probably went up by the same percentage so you're buying at the same price now as you would have months ago. And if the market doesn't tank, then you're buying higher. that's what they said last year and now those who stood on the sidelines are paying 60% higher because the market goes up in the long term! That's what those who stood on the sidelines in 2009 said and now it's 4-5 times more (or 450% return) because the market goes up in the long term! I bought these on the dips in the last few days. Amazon Facebook Apple Disney
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=Have you noticed that Wall Street Journal, Yahoo, CNBC, CNN and bloomberg hate tech (even though most of us have 401k plans that have big tech) and push crypto crap, NFT ponzi scheme, and meme/gambling stocks like AMC/gamestop/SPAC, promoting China, and scaring investors by promoting inflation? For the fools that bought crypto in May 2021, they've lost -50% as of July 2021, even worse if you bought dodgecoin -80%! +I bought FAANG stocks (Facebook, Apple, Amazon, Microsoft) ... ___Disney, Wells Fargo for the recovery.
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If the market crashes, so will the jobs. Then the government will have to increase social free programs and unemployment money.
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@prateeksharma1985 From the government's perspective, it's better to have inflation than having to pay more for unemployment for people to sit on their asses and get a check. GDP doesn't grow if people sit on their asses.
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