cross-posted from: https://lemmygrad.ml/post/4765399

That time when Karl Marx got into day trading in the stock market

Source

  • infuziSporg [e/em/eir]
    ·
    22 days ago

    If the stock markets didn't outpace inflation, nobody would own stock.

    The NASDAQ is doubling consistently every 5-6 years, with an average yearly growth of 13-14%. The FTSE 100 is not as fast but still grows like a slime mold on agar.

    Owning stocks in durable companies will always pay off well in the long run.