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What even is a point on looking on stock charts which are detached from fundamentals of companies? Just casino. Usually numbers go up, sometimes they go down.
by general1465 4mo ago
What even is a point on looking on stock charts which are detached from fundamentals of companies? Just casino. Usually numbers go up, sometimes they go down.
It has no effect on your life.
It has no effect on companies either. When your market share value is 10USD or 1000USD does not change if you are profitable or not.
- khurs 4mo ago>It has no effect on your life. Public Pensions, private company pensions and the investments of public organisations and academic institutions are all tied up in these investments. If they get it wrong, the impact on people is enormous. In todays financial news, the pension fund of a telecoms firm lost £300m in an investment in a utility company. https://archive.ph/CmA59 https://archive.ph/CmA59
- general1465 4mo agoGambling with pensions in a casino? What could go wrong?