return2ozma@lemmy.world to News@lemmy.world · 1 month agoDow closes nearly 500 points lower Thursday as investors’ recession fears awakenwww.cnbc.comexternal-linkmessage-square17fedilinkarrow-up139arrow-down13
arrow-up136arrow-down1external-linkDow closes nearly 500 points lower Thursday as investors’ recession fears awakenwww.cnbc.comreturn2ozma@lemmy.world to News@lemmy.world · 1 month agomessage-square17fedilink
minus-squareBombOmOm@lemmy.worldlinkfedilinkEnglisharrow-up11·1 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-squareschizo@forum.uncomfortable.businesslinkfedilinkEnglisharrow-up5·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-squareElectricAirship@lemmy.dbzer0.comlinkfedilinkarrow-up3·1 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.