The stock market is like a hard drive.
1. It could go at any moment.
2. There may be early warning signs, but they’re probably not recognizable as such until after the fact.
Admittedly, the analogy kinda breaks down after that. With a harddrive if you don’t want to lose your data, then you back it up. With the stock market, if you don’t want to lose your money, DON’T PUT IT IN THE MOTHER-LOVING STOCK MARKET!
That is all.
UPDATE: Oh! Oh! I found this really cool site.
Given recent events, if it’s edible and made in China, we don’t buy it[1]. So my wife was in the store the other day, looking to buy candy, and putting back anything marked “Made In China.” And then, she comes across one that says:
“Made Responsibly In China”
Seriously[2].
I tried to write something here about how China is now enjoying its own Industrial Revolution, a hundred years late, but it came off all pretentious-y.
[1] We’re actually trying to avoid anything made in China at this point, thanks to other issues that have affected us, but HOLY MOTHER OF CHRIST THAT’S DIFFICULT!!!!11
[2] Of course, somebody already posted a pic