return2ozma@lemmy.world to News@lemmy.world · 4 months agoDow closes nearly 500 points lower Thursday as investors’ recession fears awakenwww.cnbc.comexternal-linkmessage-square17fedilinkarrow-up171arrow-down17cross-posted to: personalfinance@lemmy.ml
arrow-up164arrow-down1external-linkDow closes nearly 500 points lower Thursday as investors’ recession fears awakenwww.cnbc.comreturn2ozma@lemmy.world to News@lemmy.world · 4 months agomessage-square17fedilinkcross-posted to: personalfinance@lemmy.ml
minus-squareBombOmOm@lemmy.worldlinkfedilinkEnglisharrow-up28·4 months 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-squareschizo@forum.uncomfortable.businesslinkfedilinkEnglisharrow-up13·edit-24 months 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-squareElectricAirship@lemmy.dbzer0.comlinkfedilinkarrow-up3·4 months 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.