Comment on bro got neutered

Th4tGuyII@fedia.io ⁨3⁩ ⁨weeks⁩ ago

• funkless_eck@sh.itjust.works ⁨3⁩ ⁨weeks⁩ ago

  and recognize it for what it is: gambling on whether some dudes think this company is worth more today than yesterday.

  if you were gambling on what some dudes thought about an egg you’d take it a lot less seriously.

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  • harmbugler@piefed.social ⁨3⁩ ⁨weeks⁩ ago

    Interesting in stocks with a one day horizon, you’re right, it’s basically gambling. Over ten years though, different story.

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  • WhoIzDisIz@lemmy.today ⁨3⁩ ⁨weeks⁩ ago

    But… But… It’s a Fabergé egg!

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  • GeneralDingus@lemmy.cafe ⁨3⁩ ⁨weeks⁩ ago

    I disagree that investing in the stock market is gambling with the caveat that many people treat it like gambling.

    What I mean is that boring, defensive trading is a fairly predictable thing. Boring, stable and mature companies are typically safe investments that do grow over time and are a good way to protect yourself against inflation.

    The issue is people want to maximize returns, even if expectations are unrealistic, and make risky gambles at unwarranted expected returns. Look at a company’s profit, expenses, history and dont expect the future to be ideal for big returns.

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    • chloroken@lemmy.ml ⁨3⁩ ⁨weeks⁩ ago

      Boring, defensive poker is still gambling.

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• iocase@lemmy.zip ⁨3⁩ ⁨weeks⁩ ago

  Image

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• toynbee@piefed.social ⁨3⁩ ⁨weeks⁩ ago

  Also, after investing whatever you can afford to lose, forget about it for a long time. If stocks (at the level most of us can even think about buying) are going to pay off, it’s going to take a while.

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• RidderSport@feddit.org ⁨3⁩ ⁨weeks⁩ ago

  Espescially if you are leveraging the market and don’t have the EU protection laws.

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