Winner of the Nobel Prize in economics Richard Thaler said to PBS news hour tonight that Americans should consider pulling their money out of the stock market .
Go to 8:50
“As far as the stock market goes, I’m a little worried about it
there’s no real explanation for why it keeps going up other than low interest rates and people aren’t sure where to put their money
if i were giving advice, i’d say not to spend the 10-15% of their pay and put it in the stock market and take a little of that money off the table IF You’re LIKELY TO NEED IT ANYTIME SOON”
h/t Astral Goat
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