longshot prediction: the AI bubble gets popped this month by the SpaceX IPO, so get out NOW

[onenote]

60. No one should ever take investment advice from random posters on the internet

As I've stated numerous times, folks with investments should look to professionals for advice regarding those investments. Predictions on DU about the market have a very bad track record. An example: the prediction by one DUer back in early April that by the end of that month the DOW would have fallen to 10,000. What happened? The Dow closed at over 49,500 on April 30, up over 3000 points from when the prediction was made.

To be sure, I can't and won't predict what will happen to the market as a whole, to the tech sector, or to individual stocks. That's why I rely on professionals. Nor do I know whether, when, or do what degree the "AI Bubble" will crash. There were posts back in March that said it was going to happen before the end of that month, too.

Predictions on DU frequently get a lot of recs, but they often - more often than not I think - don't hold up whether they are the seemingly endless stream of predictions that Trump was going to declare martial law in a matter of days or that he was about to kick the bucket or that he would be forced to resign by the end of last year and so on.

Folks are going to continue to make predictions and that's fine. But I suggest folks take them with the grain of salt that they deserve.