this post was submitted on 07 Aug 2024
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I've been hearing reports that "the market is way down" (due to Kamala/Democrats/god knows what else) and family members making comments that we better sell or liquidate our stocks.

I would never do that of course, but are right-wing folks actually jumping on the "sell-low" bandwagon? It seems too crazy but their media is always telling them dumb shit that kills or hurts them so its sorta par for the course in my view.

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[–] ABCDE 39 points 3 months ago (2 children)

There was some chump who put his retirement into that odd right-wing social media thing, then it tanked and he sold... and told everyone not to invest everything they have into one stock. Like... yah?

[–] lemmylommy 11 points 3 months ago
[–] cheese_greater 8 points 3 months ago (1 children)
[–] ABCDE 5 points 3 months ago (1 children)
[–] daddy32 0 points 3 months ago (2 children)

Unfortunately, that one didn't tank (AFAIK).

[–] [email protected] 9 points 3 months ago

From about $80/share to $20/share... It kinda did, yeah.

[–] ABCDE 2 points 3 months ago

It dropped a lot, to the extent that an amateur investor lost their retirement.