Who'd have thought it, stocks and shares can go down as well as up.
Time to get your money on the down ones.
Unless this is the first time they never recover.
I read the news today oh boy! Page 2,960
Quote: Stephen Goodlad @ 7th April 2025, 5:50 PMWho'd have thought it, stocks and shares can go down as well as up.
Time to get your money on the down ones.
Unless this is the first time they never recover.
Quote: Lazzard @ 7th April 2025, 5:33 PMMe and my kind will be history once Darwinian Capitalism finally gets a grip.
On a separate note, Musk, Bezos and Zuckerberg, between them, lost the best part of $100 billion in Trump's stock market crash.
Whilst some are saying this means they suffer like the rest of us - I say, if you can afford to lose enough to raise e very American out of poverty, shouldn't you maybe be paying a bit more tax?
But surely they haven't actually "lost" anything because it's not real money in the first place and they'll make it back somehow. (Not that I sympathise)
Quote: Chappers @ 7th April 2025, 6:37 PMBut surely they haven't actually "lost" anything because it's not real money in the first place and they'll make it back somehow. (Not that I sympathise)
Well, if they hadn't lost it, that 100 billion would have made at the very least 5 billion over the year.
(Peanuts to them - but that's sort of the point.]
It's a three steps forward, two steps back sort of thing.
Especially if the market stays volatile - which it probably will with Trump in charge, as he seems to revel in causing chaos.
(See the book illustrated above)
70 million yanks rely on their 401k for retirement
They are heavily tied to the markets
Lots of these people will suffer due to numb nuts and his stupidity
And he wont give two shits
But on the positive side, any maga cultist redneck shitheads who lost most of their life savings this week.........MWAHAHAAHAHAHAHAHAAAA 👌🤞😆😎🥳🤟🤣🍿
Quote: Stephen Goodlad @ 7th April 2025, 5:50 PMWho'd have thought it, stocks and shares can go down as well as up.
Time to get your money on the down ones.
Unless this is the first time they never recover.
Unless the company goes out of business. In which case, the share value never goes up again.
Quote: Chappers @ 7th April 2025, 6:37 PMBut surely they haven't actually "lost" anything because it's not real money in the first place and they'll make it back somehow. (Not that I sympathise)
Shares do have real monetary value. Fortunes can be lost and made. Currently, they are being lost. Thanks to Trump.
You surely don't think it's based on one company.
Maybe you do, it's hard to tell.
It isn't, no. Do you need this to be explained to you? FGS.
Don't get cross. If you didn't know, you didn't know.
Strange to see "the left" so concerned about the state of the stock market and its investors.
Quote: Billy Bunter @ 8th April 2025, 4:46 PMStrange to see "the left" so concerned about the state of the stock market and its investors.
Pension holders could suffer - especially those about to draw out their savings.
And if private investors in companies see either their dividends or their stock portfolio fall (heaven forbid), they would expect to see the companies concerned do something to counter it.
This could well involve job losses, pay-cuts or price rises.
Add these to the price rises that would already occur during a global trade war - the very thing that's causing the stock market to fall in the first place - and ordinary people suffer.
It's the same the whole world over,
It's the poor what gets the blame,
It's the rich what gets the pleasure,
Isn't it a blooming shame?
Quote: Billy Bunter @ 8th April 2025, 4:46 PMStrange to see "the left" so concerned about the state of the stock market and its investors.
Strange to see "the right" not remotely concerned about the state of the stock market, especially as the "the right" were traditionally thooght of as the natural guardians of the economy.
Quote: chipolata @ 8th April 2025, 5:11 PMStrange to see "the right" not remotely concerned about the state of the stock market, especially as the "the right" were traditionally thooght of as the natural guardians of the economy.
The 'Traditional' Right usually were a safe pair of hands.
But this new lot,,,.
They worked out the opposite to " A rising tide raises all boats."
Their philosophy appears to be ' A low tide scuppers everyone. Except for those of us with a spare yacht out on the ocean"
Quote: Stephen Goodlad @ 8th April 2025, 4:12 PMDon't get cross. If you didn't know, you didn't know.
If any one company goes out of business, it obviously ceases trading. Surprised you didn't know that.
Morons, having a whose a bigger moron fight
Elon Musk has called President Donald Trump's trade adviser, Peter Navarro, a "moron" over comments he made about his electric vehicle firm, Tesla.
Musk - who is also a member of the Trump administration - also said Navarro was "dumber than a sack of bricks" in posts on his social media platform X
One silver lining to come out of trump destroying America's economy is that hopefully it will also destroy the Republican Party and make them unelectable for decades
For allowing themselves to be infested and taken over by a rapist criminal and his gormless Maga cultists- they deserve total annihilation
P.s. Navarro is just out of jail