The Federal Reserve just raised interest rates again. Is The Fed Actually Trying To Cause A Stock Market Crash?

submitted by magnora7 from zerohedge.com

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[–]TheWebOfSlime 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (9 children)

Yes. How do we make money on it?

[–]magnora7[S] 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (2 children)

Short the stock market, or invest in bitcoin, probably. Definitely don't buy stocks right now, probably best to be in cash instead of stocks. Maybe even gold wouldn't be a bad idea, because it typically acts as a counter-balance to the stock market. However it could take 6 months to several years to play out, so make sure not to get in a position where you're forced to sell at a low point to generate funds or anything like that.

[–]TheWebOfSlime 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

I should be looking pretty good, then, already.

[–]JasonCarswell 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Couldn't have said it better.

[–]remembermeordont 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (5 children)

If you look into crypto, look into the company Ripple. They are using the cryptocurrency XRP. You cant invest in Ripple but you can buy XRP. They have some really big names running the company that were once apart of the government and are using XRP for banks. After I did some research I bought XRP.

[–]TheWebOfSlime 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

A couple of entities are trying to make Ripple a currency that can be easily traded around the world.

[–]JasonCarswell 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

I don't trust it.

[–]JasonCarswell 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (2 children)

No way. Someone just posted something about Google and Ripple.

Google is evil.

[–]remembermeordont 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

Maybe so but money is money.

[–]JasonCarswell 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (0 children)

So true. I don't trust Bitcoin or Steemit either but I collect those. By collect I mean I have a few. Not like some billionaire with a vast collection of fine art.

" To walk in money through the night crowd, protected by money, lulled by money, dulled by money, the crowd itself a money, the breath money, no least single object anywhere that is not money, money, money everywhere and still not enough, and then no money or a little money or less money or more money, but money, always money, and if you have money or you don't have money it is the money that counts and money makes money, but what makes money make money? " ~ Henry Miller, Tropic of Capricorn (1939)