this post was submitted on 03 Apr 2025
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[–] cholesterol@lemmy.world 6 points 1 week ago (3 children)

Kind of seems like the lesson is to buy the dip.

[–] untorquer@lemmy.world 1 points 1 week ago (1 children)
[–] bitjunkie@lemmy.world 1 points 1 week ago (1 children)

This part I'm not on board with, because the majority volume is going to be doing that either way. Anyone who would see this advice would just be ruining themselves to make some vague statement if they followed it.

[–] untorquer@lemmy.world 2 points 1 week ago

Fair, it's too general to say. More specifically, pulling out because the market is down can just as easily lock those losses in when you'll recover them by simply waiting. Sure if you can cut your loss then do so, especially with stop loss. But if you're just using index funds there's less (or worse) of a point in reacting to the market. So it doesn't really apply to people who are more hands on.

[–] humanspiral@lemmy.ca 1 points 1 week ago

If you are an insider into the chaos, can truly make a fortune from knowing crashes are about to happen, and then when the chaos is reversed.

[–] Maggoty@lemmy.world 0 points 1 week ago (4 children)

If you have the money to do that then you are the problem.

[–] cholesterol@lemmy.world 4 points 1 week ago (1 children)

Right, anyone who has 'the money' to make any kind of investment at all is 'the problem'.

[–] Maggoty@lemmy.world 2 points 1 week ago (1 children)

Nobody is worried about your penny stocks and you know that.

[–] cholesterol@lemmy.world 2 points 1 week ago* (last edited 1 week ago) (1 children)

A percentage is a percentage, regardless of how much money you have. Your reply was that ~~investing~~having 'the money' made me 'the problem' as if only wealthy people could buy stocks. I satirized that, because it takes very little money to invest in the stock market. Whether you have other reasons to choose not to do so is a different matter.

[–] Maggoty@lemmy.world 0 points 1 week ago (1 children)

Right, so you just chose to be offended at something you knew wasn't about you.

[–] cholesterol@lemmy.world 2 points 1 week ago

I can't even make sense of what you're saying. You're the one who replied to me. Going to leave it at that.

[–] WoodScientist@sh.itjust.works 2 points 1 week ago (1 children)

Not really. In today's world, a couple having assets of up to a few million is the equivalent of someone 50 years ago having a paid off house and a pension. That's the kind of assets you need if you want to finance a basic middle class retirement.

[–] Maggoty@lemmy.world -1 points 1 week ago (1 children)

That's usually a house. But yeah if they have a million in a 401k then they're part of the problem. Those funds are sitting in investment companies like Blackrock fueling the primacy of Wall Street over everything.

[–] WoodScientist@sh.itjust.works 3 points 1 week ago

Having a million in a 401k today is like having a pension 50 years ago. If you want to actually retire in this capitalist hellscape, that's what you need to have. A million in a 401k is like $40k/year of retirement income. And it's not like pension funds don't invest their savings in Wall Street either.

[–] rabber@lemmy.ca 1 points 1 week ago (2 children)

Don't hate the player hate the game

[–] MBech@feddit.dk 3 points 1 week ago* (last edited 1 week ago) (1 children)

Except the players with the biggest headstart get to make up the rules of the game.

[–] rabber@lemmy.ca 3 points 1 week ago (1 children)

So am I supposed to give away my money or what's the play here

[–] Maggoty@lemmy.world 0 points 1 week ago

Nope, participation in a system that's forced on you isn't consent. But you can choose to do something to change the system. Get active, march, vote, organize.

[–] Maggoty@lemmy.world 0 points 1 week ago

Oh no. No. No. No. The players make the rules. Shifting focus to the game being bad is a deflection as old as time.

[–] bitjunkie@lemmy.world 0 points 1 week ago (2 children)

This would be a great argument if fractional shares didn't exist

[–] frog_brawler@lemmy.world 2 points 1 week ago

Or penny stocks, or just general stock that isn't too expensive. I have a handful of shares of MVST. It's $1.77 per share.

[–] Maggoty@lemmy.world 2 points 1 week ago

Sure because "buying the dip" in regards to a recession is totally about someone buying half a share and not corporations vacuuming assets out of the economy.