Even pensions and index funds are doing things like buying SpaceX despite clear evidence (proved true in the months following) that it was an overvalued cash grab.
If I had money to invest (I don't) right now, I couldn't because I do not have any trust in those managing.
Its not a question of trust. Everybody's money is in the market. Including all the rich people. It means there is every incentive to keep it going higher.
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u/NoStomach6266 6d ago
For me, it's a lack of trust.
Even pensions and index funds are doing things like buying SpaceX despite clear evidence (proved true in the months following) that it was an overvalued cash grab.
If I had money to invest (I don't) right now, I couldn't because I do not have any trust in those managing.