Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

Johonny

(25,807 posts)

7. Rich people dont know what to do with their money

Reply to Torchlight (Reply #3)

Fri Feb 6, 2026, 04:33 PM

Feb 6

Clearly not buy crypto.

Market is inflated, but earnings aren't bad. And FED likely lowering rates, meaning rich people going to have more money they don't know where to put.

Click here to purchase valentine hearts!

Cannot edit, recommend, or reply in locked discussions

Edit history

Please sign in to view edit histories.

Recommendations

1 members have recommended this reply (displayed in chronological order):

Rebl2

9 replies

= new reply since forum marked as read

Highlight:

This message was self-deleted by its author [View all] PeaceWave Feb 6 OP

The market is behaving like a meme coin fujiyamasan Feb 6 #1

It's a staged event at this point bucolic_frolic Feb 6 #2

What do you make of it...? Torchlight Feb 6 #3

Rich people dont know what to do with their money Johonny Feb 6 #7

Movement from tech stocks to more traditional ones TheProle Feb 6 #9

It hit 50,000 at 2:30. lamp_shade Feb 6 #4

50,024 Greg_In_SF Feb 6 #5

Bitcoin down to $70 from a one time high of $123. Still dropping. multigraincracker Feb 6 #6

And now I'm making... the same amount of money as I did before!!! Scott Alan Swaggerty Feb 6 #8