/biz/ - Business & Finance

Today literally confirmed all the technicals are set up for a correction. QQQ closed under 371.53 meaning it's now primed to dump all the way to 363 at least. No potential positive catalysts in the horizon, more fed hikes are incoming, economic data won't give you anything to hold on to as you see the numbers slip across the board.
TSLA is fucked. MSFT is bleeding, APPL is bleeding. Amazon won't be able to sustain the gains for much longer when it's surrounded by a burning market, just like Google.
Hope you booked your profits when you had the chance, if not, pray for a dead cat bounce and get out ASAP.
You were warned.
You will not listen.
You never do.

>be poor 3rd worlder with 700 USD salary
>this is actually pretty high considering cost of living, can easily save half every month
>save for a couple of months until i have 1000 USD
>hear term deposit certificates are paying a lot now due to high interest rates
>see like 15% for 3 months
>be about to put the money in
>"akshully this 15% is yearly interest so you're just getting 3 month's worth of this"
>run the simulator, this is like 10 fucking bucks, barely keeping up with inflation
what do i do now? i know enough to at least acknowledge i don't know shit about finances so i just wanna invest in something relatively safe that doesn't require playing 4D chess with stocks just to earn 5%
I see trust funds may pay 20-25% or so in yearly interest which is better i guess but i find the "akshully we cannot guarantee that 20-25% return and also here's the commission" really spooky
I have a stable job and can save good money for now, I don't need to gamble the little net value I have on some Indian-shilled crypto hoping to be one of the few lucky ones to get in before the Ponzi scheme crashes.
What's /biz/'s advise on low-risk investments? I'm just asking for a few percentage points above inflation and no bullshit ways to get scammed and lose it all