• originalucifer@moist.catsweat.com
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    10 months ago

    maybe you should not take such risks in the market if you cant afford the consequences.

    the point here is the entire stock market is not based in reality. its a game that is managed by the very wealthy. we need to remove/reduce the profit motive.

    between the hidden markets, self-governance and millisecond level trading, the entire thing is a casino and peoples lives should not be beholden to it. unfortunately those in charge are forcing everyone to get involved.

    cries in shitty 401k

    • HappycamperNZ@lemmy.world
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      10 months ago

      So you’re saying don’t take the risk and buy your own property to live on… just permanently pay rent to someone else?

      And you are right, the stock market can come down to milliseconds trading… but over the long term gains average. You won’t become a millionaire overnight but nothing stopping you from buying and holding.