@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-down17
arrow-up164arrow-down1external-linkDow closes nearly 500 points lower Thursday as investors’ recession fears awakenwww.cnbc.com@return2ozma@lemmy.world to News@lemmy.world • 4 months agomessage-square17fedilink
minus-squareBombOmOmlinkfedilinkEnglish28•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-square@schizo@forum.uncomfortable.businesslinkfedilinkEnglish13•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-square@ElectricAirship@lemmy.dbzer0.comlinkfedilink3•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.