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Nadia Vanderhall
I know that you, you and you.. even me are looking at both the stock + crypto market like 😳😳. So much is going on. Let’s do a pulse check on what’s going on: - Stock: CPI is showing inflation of 8.6% with some things like a food (peanut butter) and consumer goods (tampons) either at a shortage or going through a quality hiccup. Also, it’s approaching another FOMC meeting this week (14-15, dates could be moved). With some feeling that the Federal Interest Rate could be moved by 0.75%. The economy here and internationally is at an challenging point. - Crypto: Not only is the Celsius, Binance and other exchanges have been halting withdraws/transactions and deepening the decline that we have been seeing before this week. Also, some shaking is being seen in Asia. Bitcoin is down 14% currently. So where I’m going with this. You know my typical insight. So, I’m going to skip it. When I worked at a certain financial institution, one of the variable annuity products that I was PM over was investment focused. Bit on asset allocation. There was a diagram within the brochure that spoke to time IN the markets vs timing the markets. I found it. I’m sharing it with you because I don’t want you to pull or purchase your holdings without researching. But for future 💸 sake — don’t stop investing AND don’t dump your holdings (especially in stock and select crypto). Look, the [stock] market drops every 8 years. The crypto market roughly 4/5. I know you might be tempted to unload, but research hard before doing so. You might can reposition for a better hand. Stay focused, Peeps. #buythedip #patience #staycalmbuythedip #betterfutureahead #focused #dontstop
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