@return2ozma to News • 1 month agoDow closes nearly 500 points lower Thursday as investors’ recession fears awakenwww.cnbc.comexternal-linkmessage-square17arrow-up171arrow-down17cross-posted to: [email protected]
arrow-up164arrow-down1external-linkDow closes nearly 500 points lower Thursday as investors’ recession fears awakenwww.cnbc.com@return2ozma to News • 1 month agomessage-square17cross-posted to: [email protected]
minus-squareBombOmOmlinkEnglish28•1 month agoTiz why long-term investing is where it is at. Buy an index fund and sit on it for two, three, four decades. A 5% loss a single day 15 years ago means nothing.
minus-square@[email protected]linkfedilinkEnglish13•edit-21 month agoBut the media/people doing the trading and own the media don’t get 15 year bonuses, they get quarterly bonuses, so this is utterly catastrophic! For them, and frankly fuck them.
minus-square@[email protected]linkfedilink3•1 month agoI agree! Security is what the stock market should be about, not risk-reward.
Tiz why long-term investing is where it is at. Buy an index fund and sit on it for two, three, four decades. A 5% loss a single day 15 years ago means nothing.
But the media/people doing the trading and own the media don’t get 15 year bonuses, they get quarterly bonuses, so this is utterly catastrophic!
For them, and frankly fuck them.
I agree! Security is what the stock market should be about, not risk-reward.