69
cross-posted from: https://lemmygrad.ml/post/4765399
That time when Karl Marx got into day trading in the stock market
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 08 Jun 2024
69 points (100.0% liked)
Chapotraphouse
14187 readers
760 users here now
Banned? DM Wmill to appeal.
No anti-nautilism posts. See: Eco-fascism Primer
Slop posts go in c/slop. Don't post low-hanging fruit here.
founded 5 years ago
MODERATORS
If the stock markets didn't outpace inflation, nobody would own stock.
The NASDAQ is doubling consistently every 5-6 years, with an average yearly growth of 13-14%. The FTSE 100 is not as fast but still grows like a slime mold on agar.
Owning stocks in durable companies will always pay off well in the long run.