stermy4u to TechnologyEnglish · 11 days agoSpaceX Stock Plummets Below IPO Price as $1 Trillion Vanishestownflex.comexternal-linkmessage-square104linkfedilinkarrow-up1570arrow-down115
arrow-up1555arrow-down1external-linkSpaceX Stock Plummets Below IPO Price as $1 Trillion Vanishestownflex.comstermy4u to TechnologyEnglish · 11 days agomessage-square104linkfedilink
minus-squareChickenLadyLovesLifelinkfedilinkEnglisharrow-up21·10 days agoIf you’re dumb enough to have been dumb, keep being dumb.
minus-squareFlashMobOfOnelinkfedilinkEnglisharrow-up3arrow-down2·10 days agoI agree that it was dumb for people to buy SpaceX, especially with the lack of any voting power. That said, it’s dumber to sell stock when it’s down.
minus-squareBeMoreCarefullinkfedilinkEnglisharrow-up1·10 days agoIt depends if you don’t mind throwing the money away, or waiting thirty years for it to catch back up.
minus-squareFlashMobOfOnelinkfedilinkEnglisharrow-up1·10 days agoOr you can dollar cost average your way to a more workable position over time. In investing patience is a great thing.
minus-squarevandsjov@feddit.dklinkfedilinkEnglisharrow-up1·10 days agoDepends on if the stock will continue to go down… recover what can be recovered before it’s too late. It’s a risk both ways
minus-squareFlashMobOfOnelinkfedilinkEnglisharrow-up1·10 days ago Depends on if the stock will continue to go down No one can know that, though.
minus-squarevandsjov@feddit.dklinkfedilinkEnglisharrow-up3arrow-down1·10 days agoThat’s why I wrote the last sentence :-)
minus-squareFlashMobOfOnelinkfedilinkEnglisharrow-up2·10 days agoI get that, but the rest of your reply suggests that you think people should try and time the market, which is patently absurd. :)
If you’re dumb enough to have been dumb, keep being dumb.
I agree that it was dumb for people to buy SpaceX, especially with the lack of any voting power.
That said, it’s dumber to sell stock when it’s down.
It depends if you don’t mind throwing the money away, or waiting thirty years for it to catch back up.
Or you can dollar cost average your way to a more workable position over time.
In investing patience is a great thing.
That’s what I said?
Not exactly, no.
But, basically yes
Depends on if the stock will continue to go down… recover what can be recovered before it’s too late. It’s a risk both ways
No one can know that, though.
That’s why I wrote the last sentence :-)
I get that, but the rest of your reply suggests that you think people should try and time the market, which is patently absurd. :)