42% ppl saved money 💰 for headwinds, what would I do?
Do u think it's time to save money?
I don't really understand the question ...
I've been saving (investing ) all this while...
Depend on how u look at it, I may be in fact spending more (investment=buy the dip) .
Which place do u prefer to put ur money 💰?
I will put it in funds (MMF) for now & ready to buy the dip . It's either DCA or ready to buy the dip (Timing market).
Last but not least, I'm not sure about the US 🇺🇸 side, but I heard that they got great employment rate in an inflation economy, which claimed so by the FED released data. If that is true, I think the ppls there will continue to spend more in the inflation = ask for pay raise + more ppls employed = more ppls with the spending power. It's either buy now or no more cheaper goods later if the FED continue to increase the interest rate higher +.
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whqqq : May I ask why the employment rate will increase in an inflationary economy?
Milk The CowOP whqqq: Because when more ppl are employed, the total number of ppl who can spend have increased overall = spending power increased overall in the economy .
Because if u don't have a job, u are unlikely to spend extra .
However if if u got a job, u will be more willing to spend a bit more, eg. on good food or products .
So, when the FED released a 2x the increased of employment rate, it freaked analysts out.
Milk The CowOP whqqq: When ppl spend more, the price of good may not go down & may continue to increase together with the FED hiking interest rate.
whqqq Milk The CowOP: i see. Thank you for your answer
Milk The CowOP whqqq: np