/biz/ - Business & Finance

>>19321082
>Where’s the profit going to come from? Checking account fees?
That's how the Japanese banks make money.
You can expect A LOT of that shit if the current interest rates keep up.

>>19321113
>ty fren, shall I just sit in cash for a while or should I be looking elsewhere? I almost went in on ETFs but...
Tech is basically at all-time highs already.
There was excitement earlier in the thread about QQQ, which on it's own seems fine and has done very well so far of course, but I think doing shit like call options on it might be stupid. I don't think it'll continue to rise at the past month's rate.
SPY still has a fair/large amount of room for recovery.
Don't play bear or VIXfag. That's stupid.
Some people want to "value invest" in the airlines and shit, but Warren Buffett pulled the fuck out, and I think it's too early as well. I'd at least wait until one of them goes bankrupt.
>What can I do tho?
SPY/QQQ. At most with 3X leverage if you're feeling degenerate. Otherwise, 2X with SSO/QLD is long-term sustainable.
You could always go all in on SPY/QQQ, then dump it for SPXL/TQQQ to "super buy" if it dips further