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Good news if you’re rich as shit and knew this was coming! The rest of us, as usual, can go fuck ourselves.
I'm not rich as shit and I didn't know it was coming but it's still good news for me too because I'm invested into the stock market as are hundreds of millions of other middle class people.
Right, but you're just riding the ebbs and flows. The real money is flowing to the people with the inside track. You don't benefit from instability and chaos. They do, up or down.
Well, you can benefit from the instability if you’ve got the means to buy the dip. In my case, though, whatever’s going on in the world doesn’t really affect my investment strategy - I just keep buying the same amount every single month no matter what.
That's a smart strategy for long term success, but you're like an edible straw for the people drinking the milkshake. You're good as long as there's more milkshake.
Buying the dip works until it doesn't.
But a "safe" thing to do? Just continue what you were continuing, if you are able to. The idea is to not say "I can buy some nVidia stock!" and to instead just continue making your contributions and getting your matching from your employer.
Long term... yeah. But if there is a future, that is how you don't end up up shit creek without a paddle.
I can only think of two ways buying the dip wouldn’t work: one, you over-invest expecting a quick return, but it doesn’t happen and you’re forced to sell at a loss to cover living expenses; or two, the stock market never recovers to its previous level - which has never happened in the history of the stock market.
How did you not know, did you not consult the graph?
It’s only good news for us, though, insofar as we’ve got a 90 reprieve from the whims of said assholes.
Obviously the ultra wealthy can really abuse this.
But if you are in a position where you can put money into a 401k? You will, "benefit" from this because the investment firms using your money are taking advantage of this. Whether you come out better than the massive losses that you have had lighting up your email (because this was the BEST time to turn on all the LLMs to let us know what is happening to our investments and why all these companies are down on a given day...) is questionable but... it is also questionable whether the ultra wealthy are actually benefiting either. Since you tend to not become an 0.1%er without a LOT of investments.
Now, whether there is any form of long term stability is a very different question. Which is kind of "great" for getting across the point that: Either the market will stabilize and your 401k/pension will have value or we are all fucked.