All went into some billionaire’s pocket who got a tip from the administration to short the stocks.
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A collection of some classic Lemmy memes for your enjoyment
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Was Barron. The call is coming from inside the house.
That's my secret trick: if you never earn enough money to be able to afford to invest, you lose nothing when the market crashes
People in 2020: "I'm buying at the bottom of a market, I hope I get 30% yoy returns for the next five years"
People in 2025, last week: "Omg, it happened! I've more than doubled my money in less than five years!!! Crazy!!!!"
People yesterday, after a 5% market correction: "I'm destitute"
If people are destitute after a 5% drop, they really need to reconsider their investment strategy. Index funds are the only viable way.
did I miss something?
https://www.youtube.com/watch?v=23ddxotpMZM A breakdown of what happened.
Thanks, I had no idea that anonymous accounts were created just to short the market down to the very second of the precipitating post. Insiders get rich again.
You haven't lost a cent if you don't sell
You also haven't lost a cent if you never bought.
I'd definitely start considering inflation. If your money is stagnant and not earning interest, it is shedding value. Like it or not, we're all inherently playing the game; it's in everyone's best interest to learn the rules.
wait, my investments are down between 2.5-3% from the day before. what's everybody freaking out about?
QQQ is still up 20% for the year
Now you know how the average investor thinks and/or behaves
I hope someone takes my retirement and invests it on bitcoin. I don't want to live much longer past my useful life. A good heart attack could do the trick.