4 ms·
I'm loathe to listen to the advice to invest in the market for the long term when the HFTs (who are making lots of money) have driven the average hold time down
by vampirechicken 14y ago
I'm loathe to listen to the advice to invest in the market for the long term when the HFTs (who are making lots of money) have driven the average hold time down to under 30 seconds.
It make me feel like I'm being encouraged to put by money in the market so ensure that there's money for the HFTs to steal.
- tedunangst 14y agoIf you buy and hold, the hft leeches won't have much opportunity to steal your money...
- vampirechicken 14y agoif they manipulate the market downwards my investment. is worth less. I'd buy a stock long term for dividends. But since dividends are apparently rare these days (something about the evil of double taxing), we're forced to invest in the hopes that somebody will believe it's worth more later. What used to give stocks some worth was they value of the dividend, that you'd reinvest, to compound over the long term. Without dividends, I think you should just invest in currencies. It's just as volatile, and you don't have to lie to people about the nature of the marketplace.
- tedunangst 14y agoThe obvious solution is to take a short position so then you profit when the market is manipulated downward.