stermy4u@lemmy.worldBanned from community to Technology@lemmy.worldEnglish · 1 month agoSpaceX Stock Plummets Below IPO Price as $1 Trillion Vanishestownflex.comexternal-linkmessage-square52linkfedilinkarrow-up1414arrow-down112
arrow-up1402arrow-down1external-linkSpaceX Stock Plummets Below IPO Price as $1 Trillion Vanishestownflex.comstermy4u@lemmy.worldBanned from community to Technology@lemmy.worldEnglish · 1 month agomessage-square52linkfedilink
minus-squareFlashMobOfOne@lemmy.worldlinkfedilinkEnglisharrow-up3·1 month agoI agree that it was dumb for people to buy SpaceX, especially with the lack of any voting power. That said, it’s dumber to sell stock when it’s down.
minus-squareBeMoreCareful@lemmy.worldlinkfedilinkEnglisharrow-up1·1 month agoIt depends if you don’t mind throwing the money away, or waiting thirty years for it to catch back up.
minus-squareFlashMobOfOne@lemmy.worldlinkfedilinkEnglisharrow-up1·1 month agoOr you can dollar cost average your way to a more workable position over time. In investing patience is a great thing.
I agree that it was dumb for people to buy SpaceX, especially with the lack of any voting power.
That said, it’s dumber to sell stock when it’s down.
It depends if you don’t mind throwing the money away, or waiting thirty years for it to catch back up.
Or you can dollar cost average your way to a more workable position over time.
In investing patience is a great thing.
That’s what I said?
Not exactly, no.
But, basically yes