• ImplyingImplications@lemmy.ca
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    2 days ago

    Just put your money into stocks! Buying 10 shares of Apple right now would cost $2,000 but once it bounces back to the price it was at before the dip you’d have $2,500! That’s a profit of $500 in just a few years!

    • mosiacmango@lemm.ee
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      1 day ago

      That’s actually a pretty good return, but only helps people with cash lying around, which generally are already rich fucks.

      It also assumes this is the bottom. That $2000 could become $1000 and it may take years and years and years to get to $2500 instead.

      There is no indication this is the bottom.

      • iheartneopets@lemm.ee
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        1 day ago

        Exactly. All the morons planning on buying the ‘dip’ before EU nations even announce their response to these tariffs are about to hurt themselves in confusion

      • TransplantedSconie@lemm.ee
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        1 day ago

        Ron Howard voice:

        It was not the bottom. In fact the bottom would not be discovered until the food riots of 2026.

      • ImplyingImplications@lemmy.ca
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        1 day ago

        That’s actually a pretty good return, but only helps people with cash lying around.

        Exactly. A 25% return is amazing, but turning $1 into $1.25 isn’t really that impressive. Turning $1,000,000 into $1,250,000 is. The two returns are the same but one made 25 cents and the other made 3x the yearly median income of a US citizen. “Buying the dip” only makes a difference if you’re already filthy rich.