@joel1974 to Ask Lemmy • 1 month agoWhy do people think the stock market is going to crash Monday because of Trump's tariffs?message-square30arrow-up154arrow-down19file-text
arrow-up145arrow-down1message-squareWhy do people think the stock market is going to crash Monday because of Trump's tariffs?@joel1974 to Ask Lemmy • 1 month agomessage-square30file-text
I put an order in to sell my VOO shares. I just cancelled it. Hopefully nothing happens Monday. A slight drop is all.
minus-square@[email protected]linkfedilinkEnglish5•1 month agoYou can have a great company, but if the government decides it’s illegal or something, then that’s still a problem.
minus-square@[email protected]linkfedilink2•1 month agoOfcourse, and stocks might fall over the short term, but thoroughly vetted companies have a much higher probability of bouncing back. Diversification and thorough vetting at the time of buying is what experts recommend, not panic selling.
You can have a great company, but if the government decides it’s illegal or something, then that’s still a problem.
Ofcourse, and stocks might fall over the short term, but thoroughly vetted companies have a much higher probability of bouncing back. Diversification and thorough vetting at the time of buying is what experts recommend, not panic selling.