“Billionaires Dumping Stocks at Record Pace”
February 3, 2022
“Billionaires are cashing out of stocks at a record pace right now. The disturbing reason behind this move could soon accelerate the market’s downturn. Tech stocks are already off to their worst start since 2008…
The wealthiest Americans have recently sold more than double the amount of stock as they did in all of 2020, a trend that could soon worsen. If you own any “brand-name” stocks, prepare now...”
https://investingoutlook.co/billionaires-dumping-stocks-at-record-pace/?cid=MKT579436&eid=MKT606936
My guess is they’re getting ready for a massive buyback just in case the market crashes. My advice to everyone is to have some reserves just in case the market crashes. That is not the time to panic. That is the time to buy stock. This is how the rich get richer. They buy during repossessions and depressions.When most people are selling they are buying for pennies on the dollar. This is one of the biggest secrets ever concerning the stock market. Don’t take this information for granted.