It was the age of wisdom, it was the age of foolishness. (Charles Dickens)
The market rebounded. Some people said it is not sure whether the rebound will carry on or not. So there is a stock can buy no matter in recession or prosperity. That is DXYZ. It is one of the very few stocks still running above the 250-SMA.
The Destiny Tech100 (DXYZ) actually is a close end ETF on IT stocks. But for those that want to buy the SpaceX, it is not yet publicized, and can buy the DXYZ. A lot of people are in afraid of recession, but we still have to live, eat and run during the recession. The landing of Mars project still will carry on, it would not stop or slow down because of recession.
The Apollo project of Moon Landing altogether had 6 trips to the moon and suspended in 1972. Why? Because Soviet Union was defeated by US. Thus no more competitor or threats in Space Industry. Until recently, China gave up the project of Landing of the Moon, but aim at Landing of the Mars and wish they can be the first country that land on Mars. Barrack Obama told NASA to make a plan to land on Mars on or before 2030. NASA asked help from SpaceX of Elon Musk, and he said the earliest time is 2029. Actually, China is chasing after closely, but not likely to surpass US, what they can do is an accelerator and pushed NASA to change their plan and land earlier.
The writer had not purchased any stock on April 2nd, 3rd or 4th, at last purchased DXYZ on April 7th. If you hold this stock till 2029 or 2030 the landing of Mars, your capital may be double, triple, quadruple…….For individual investors, they do not have so much funds to buy all at once, the best way is to use 6 months’ time to buy in this stock no matter the market rise or fall. Do not sell it until the Landing of Mars. Thus you can change the current crisis into chances.
It was the season of light, it was the season of darkness. (Charles Dickens)