Lool

  • Asafum@lemmy.world
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    9 hours ago

    Markets are down for people meanwhile I literally just got a text from a friend: oh man I don’t know what to do, looks like I just became a millionaire overnight. Should I sell?

    …my guy. Sure I’m happy for you, but you’re literally stressing out to a guy who lives in a fucking garage and whos retirement plan is a shotgun in the mouth.

  • cannedtuna@lemmy.world
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    10 hours ago

    Alternatively, he can use insider information to manipulate his purchasing and selling before Trump says the next stupid thing.

  • village604@adultswim.fan
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    9 hours ago

    It’s not a bad question, though. There are strategies to protect your portfolio from economic downturns.

    It’s something the financial advisor should already be doing, though. Which might be where the frustration comes from.

    • partial_accumen@lemmy.world
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      8 hours ago

      It’s not a bad question, though. There are strategies to protect your portfolio from economic downturns.

      It could be a bad question (from the client). If they are invested for higher growth, that comes with risk. If they’re looking at the their portfolio, seeing a 3% drop in value, and then asking for change it tells me they don’t have the right risk tolerance for the investments they have. This may mean either the broker didn’t listen to the client when the client told them their risk tolerance, or the client lied with how much risk tolerance they had.

    • Pennomi@lemmy.world
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      8 hours ago

      I mean, we did impeach him twice, but the legal system stopped us from doing more, since there are so many who are complicit in power.

      Let’s see what midterms do, it may shift the balance to the point where the insane have a lot less power.

    • rose56@lemmy.zipOP
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      8 hours ago

      Don’t say this kind of stuff here, USA users will down vote you. They like to address the problem, but not solve it.
      Why don’t you go in the USA and jail Trump? You think you are smart? You think USA citizens can’t do a thin? Gwon, then, gwon, let’s see you.

  • Smuuthbrane@sh.itjust.works
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    9 hours ago

    Any investor that knows their stuff knows that this is the time to buy the dip. And they wouldn’t be worried about a single dip for the month, they should have a much longer-term viewpoint.

    So I guess that just means this guy’s a fool with money and is just looking for the dopamine hit from each month’s gains.

    • rainwall@piefed.social
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      5 hours ago

      Nah, any investor knows they should never try to time the market and should instead invest a set and steady amount every month to smooth out the highs and lows.

      Its fully possible this is not the “dip” at all and that is still coming. Dollar cost averging frees you entirely from gambling on time lines.