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Is the Stock Market obsession and internet/xo thing or is it IRL?
| bespoke slate turdskin crotch | 08/06/24 |
| Lemon Mind-boggling Theatre Gaming Laptop | 08/06/24 |
| salmon fighting shrine queen of the night | 08/06/24 |
| duck-like plaza | 08/06/24 |
| turquoise boyish mediation | 08/06/24 |
Poast new message in this thread
Date: August 6th, 2024 11:03 AM Author: bespoke slate turdskin crotch I never understood the daily obsession with the stock market the country seems to have but can't tell if it is just a tiny percentage of 1% of online ppl or irl.
Isn't index investing common knowledge for 90% with money to invest in the market. MSM and online ppl are like 'the market is down huge today! Whose fault is it? Americans don't like this!'
But it doesn't matter if your 401k goes down if you are 40 or 50 or even 60. It usually goes back up, just give it a few years. And retirees aren't liquidating everything all at once anyway. They sell some here and sell some there over the years.
Younger people watching the market and 'going all cash.' Why would some retail investor do this? You take an immediate loss of 15% and then think you can retime entry? Few irl successfully do this. Study after study has borne this out.
Is this just a feature of the crass pursuit of money in America? Do Europeans do this? Is it even real? |
Date: August 6th, 2024 11:05 AM Author: Lemon Mind-boggling Theatre Gaming Laptop yep, no one outside of XO has $ in the stock market (http://www.autoadmit.com/thread.php?thread_id=5570796&forum_id=2#47933887) |
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Date: August 6th, 2024 11:06 AM Author: salmon fighting shrine queen of the night It's what you said at the end. America is money obsessed. But you also can't blame any anyone. Money is the only thing that can insulate you from horror in this country. (http://www.autoadmit.com/thread.php?thread_id=5570796&forum_id=2#47933893) |
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Date: August 6th, 2024 11:22 AM Author: duck-like plaza I read recently that 30% of Americans have 500k+ in stocks... I'm a doctor and I dont.. (http://www.autoadmit.com/thread.php?thread_id=5570796&forum_id=2#47933955) |
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Date: August 6th, 2024 11:23 AM Author: turquoise boyish mediation its one of the few "manly" things remaining, maybe u are just a gay or AZN (http://www.autoadmit.com/thread.php?thread_id=5570796&forum_id=2#47933958) |