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cross-posted from: https://lemmygrad.ml/post/4765399
That time when Karl Marx got into day trading in the stock market
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this post was submitted on 08 Jun 2024
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chapotraphouse
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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.