GrumpyDuckling@sh.itjust.works 1 week ago
If you’re going to retire in the next ten years you shouldn’t have ao much money in the atock market. If you’re young then this is a fire sale.
Big donors who wanted this own large private businesses and have very little market exposure.
Clinicallydepressedpoochie@lemmy.world 1 week ago
Firesale?? And how are you suppose to partake, you just lost a huge bit of wealth??? The stuff you buy today will only grow as fast as the stuff you just lost.
Twinklebreeze@lemmy.world 1 week ago
You haven’t anything until you sell. Holding long-term is more profitable anyways.
SandLight@lemmy.world 1 week ago
You aren’t. It’s for people that already have tons of resources.
GrumpyDuckling@sh.itjust.works 1 week ago
Increase contributions to retirement and other savings accounts like HSA and college funds.
FeelzGoodMan420@eviltoast.org 1 week ago
Bro calm the fuck down. Welcome to the stock market. This is really fucking bad but if you were to sell now you’d be an absolute fucking idiot. Fight the urge and BUY