The guy is right. If you want a return, the Stock Market is it.
Money in a cd earning.50% is actually losing 3.50% every year through inflation at todays rate. When hyper inflation hits fuggetaboutit.
So people are trying the market again knowing that they may be wiped out there too.
Which is worse...losing two percent this year on a money market or CD through inflation, or losing FOURTY percent when the market crashes?
That’s not true. There are tangible, income producing assets that you can purchase. That’s why rental properties are hot now. Invest in a business or some equipment or do like some smart people did and buy some rifles on spec and then sell them. There are many things you can do to earn a return on an investment other than stocks or money markets.