- cross-posted to:
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- cross-posted to:
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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
cross-posted from: https://lemmygrad.ml/post/4765399
That time when Karl Marx got into day trading in the stock market
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.