[edited out]
Honestly, I have no idea of the system's "state". Lots of statistical information seem to disappear from the interwebs, or so it seems.
My smallish (way below FDIC limit) cash is in an unnamed SIB, but even then I am considering to move most of it to the money market fund for now. About 55% of my fiat is in money market funds, 45% in some risky stocks (used to be 50:50 before 2022 stock market declines), no index funds or mutual funds other than money market.
5% is, of course, very little, and NOT a winning move in 2023 (so far), although it was in 2022.
In 2023, bitcoin is the clear leader, followed by both stocks and bonds, RE is underperforming for obvious reasons.
Mentally, I am almost ready to get out of money market funds before most people do the same, so will be looking at all indicators like a hawk.
Currently, and for the last year, not doing anything with bitcoin, for better or worse, just hodling.
I understand that there are some ways in which bitcoiners are not really representative of what most people do, since most people do not even have any investments outside of their house (if they own it, which not everyone does) and their 401ks (if their employer happens to offer one), and so if any normies have investments beyond those two classes of items, they are already in a largely smaller segment of the population (perhaps the elite.. or the more elite).
Bitcoin (and dare I say crypto) might well get some normies to actually start to think about "investing," but I have even run into some folks in real life who really cannot see it practical to invest into anything beyond property and stocks.. and maybe they prefer property.. but the stocks might be a way to just attempt to build up enough of a down payment, since sometimes young folks cannot even get into property until they have already accumulated a certain amount that they can "throw away" towards all of the expenses of making the down payment and various related "getting into it" costs.
The matching portion could be quite a lure... but even sometimes normies do not even take advantage of those kinds of matching type situations, and I think that part of the problem might still be the idea of wanting to stay somewhat liquid - since a 401k seems so intangible because it is a retirement fund, which is so far down the road (20-30 years for younger people), and maybe normies don't start to panic until in their late 40s.. and gosh it could be kind of late by then to really advantage from the compounding that comes from starting earlier rather than later.. same with bitcoin, start earlier rather than later and don't be tempted to cash out too early.. until the investment compounds several times.. and gosh we have seen it so many times, that people sell because they get a 50% return or even a doubling or a tripling.. and they end up getting nervous and wanting to lock in their profits.
I don't claim to know the solution, exactly.. but just to say that building an investment portfolio seems to be a bit of a minority demographic, generally speaking.
Satoshi Come back .........
April Fool's Day Someone had said something about that "satoshi" post, but I did not see the actual post or the link, and I did not do a search.. so I guess I had missed it while it was still live.. ...
About myself, I guess I am still patiently awaiting the moment when I can restart going full retard at "weeeeeeeing" all day long.
No hurry. It will come. Soon.
gembitz? Is that you?
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