this post was submitted on 09 Jan 2025
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[–] SpaceNoodle@lemmy.world 4 points 1 day ago (3 children)

I'd encourage you not to make rash financial decisions based on emotions.

But your portfolio shouldn't be concentrated on NVDA anyway.

[–] x00z@lemmy.world 7 points 1 day ago (1 children)

Emotions not so much.

Morals on the other hand, definitely.

[–] hypna@lemmy.world 8 points 1 day ago (1 children)

TIL Lemmy zeitgeist says investment portfolios should be acts of passion.

[–] SpaceNoodle@lemmy.world -1 points 1 day ago

Right? Ketamine and vibes-based investment. Buttcoin and GameStop to the moon, etc.

If it were a zero-sum game, I'd be all for everyone else dumping their cash into meme stocks and panic-selling, but those sorts of activities just exacerbate the situation.

[–] FeelzGoodMan420@eviltoast.org 0 points 1 day ago (1 children)

It's kind of hard when tech makes up the bulk of the S&P 500....

[–] SpaceNoodle@lemmy.world 1 points 1 day ago (1 children)
[–] FeelzGoodMan420@eviltoast.org 2 points 1 day ago (1 children)

Not everyone has many options in their 401K. Most large cap mutual funds track the S&P500.

[–] SpaceNoodle@lemmy.world 1 points 1 day ago (1 children)

Then you probably don't have the option to omit specific symbols.