Imagine they were able to just pull the money and put it somewhere safe. Evern if you jump back in with growth at the same rate, you will have lost the gains you would have made had there been no tarrifs.
Imagine they were able to just pull the money and put it somewhere safe. Evern if you jump back in with growth at the same rate, you will have lost the gains you would have made had there been no tarrifs.
Cryophilia@lemmy.world 1 week ago
That’s called “timing the market” and it’s impossible without insider knowledge.
9point6@lemmy.world 1 week ago
Well, impossible to do with certainty.
But people are paid to try and do it at investment banks, and with enough outsider knowledge they can often get it right
Of course that’s practically just gambling at a much greater scale
Cryophilia@lemmy.world 1 week ago
They fail to outperform a broad market index like 85% of the time, and they charge fees for it lol
9point6@lemmy.world 1 week ago
Yeah, you’re completely right, I was more going for not impossible, but it’s even more luck than I realised