top | item 47152837 (no title) deepsquirrelnet | 4 days ago The market reflects reality. The new reality is that the people who are invested apparently don't need liquidity, and bad news doesn't really matter. discuss order hn newest delfinom|4 days ago >that the people who are invested apparently don't need liquidityThe rich and ultra rich don't need liquidity, they have our 401k plans for that. munk-a|4 days ago The rich and ultra rich tend to borrow against their investments rather than spending their own money. As long as the number continues to go up it's basically a free money pipe for everyone over a certain level of wealth.
delfinom|4 days ago >that the people who are invested apparently don't need liquidityThe rich and ultra rich don't need liquidity, they have our 401k plans for that. munk-a|4 days ago The rich and ultra rich tend to borrow against their investments rather than spending their own money. As long as the number continues to go up it's basically a free money pipe for everyone over a certain level of wealth.
munk-a|4 days ago The rich and ultra rich tend to borrow against their investments rather than spending their own money. As long as the number continues to go up it's basically a free money pipe for everyone over a certain level of wealth.
delfinom|4 days ago
The rich and ultra rich don't need liquidity, they have our 401k plans for that.
munk-a|4 days ago