I told my buddies to buy. They did not. I started investing in stocks at 30 march and was 6k euros deep before the crash. Went all in because 2/3rd of the time doing lump sum beats DCA. So during a crash, it’s likely to be a really good choice.
ATM I have 8,47% total profit on 22,3k euros investment in STOXX 600 etf. This thing has 0,07% TER and I do not even pay taxes on the dividends within my own country. Only at the initial source. My country has no capital gains tax and it’s an accumulating ETF.
I’m quite amused by Trump’s shenanigans causing hysteria.
Sadly we are in the minority and people think they should wait until stocks become expensive again, and then buy. I dont know, something is wrong with how people think about stocks.
Because they believe the scary news and dont realize thats how ordinary people gets convinced to sell their stocks.
They pick analysts that think the market will go down on the front covers when they want the market to dip, and analysts that think the market goes up when they want the market to go up.
Its super obvious and people dont seem to realize they are manipulated. The investment firms make money both when it goes down and up.
Best strategy in the world is to buy and hold when its very cheap, like right now, and ignore scary news. Dont sell.
Stuns wall street? They were the ones buying. Thats why stocks are up! And they bought because there are market indicators saying a lot of stocks have hit bottom. So while the scary news about recession were making the rounds last week, who was buying? Wall Street.
I told my buddies to buy. They did not. I started investing in stocks at 30 march and was 6k euros deep before the crash. Went all in because 2/3rd of the time doing lump sum beats DCA. So during a crash, it’s likely to be a really good choice.
ATM I have 8,47% total profit on 22,3k euros investment in STOXX 600 etf. This thing has 0,07% TER and I do not even pay taxes on the dividends within my own country. Only at the initial source. My country has no capital gains tax and it’s an accumulating ETF.
I’m quite amused by Trump’s shenanigans causing hysteria.
Sadly we are in the minority and people think they should wait until stocks become expensive again, and then buy. I dont know, something is wrong with how people think about stocks.
1,13% increase today. People on Lemmy seem to be a bit wrong.
Because they believe the scary news and dont realize thats how ordinary people gets convinced to sell their stocks.
They pick analysts that think the market will go down on the front covers when they want the market to dip, and analysts that think the market goes up when they want the market to go up.
Its super obvious and people dont seem to realize they are manipulated. The investment firms make money both when it goes down and up.
Best strategy in the world is to buy and hold when its very cheap, like right now, and ignore scary news. Dont sell.
For example :
https://www.marketwatch.com/story/stock-markets-rapid-rebound-from-tariff-inspired-rout-stuns-wall-street-but-there-were-signs-this-would-happen-ae9b4296?mod=home_lead
Stuns wall street? They were the ones buying. Thats why stocks are up! And they bought because there are market indicators saying a lot of stocks have hit bottom. So while the scary news about recession were making the rounds last week, who was buying? Wall Street.
Buy stocks in uncertain times and gold in certain times. Seems pretty logical to me.