joel1974@lemmy.world to Ask Lemmy@lemmy.world · 2 months agoWhy do people think the stock market is going to crash Monday because of Trump's tariffs?message-squaremessage-square22fedilinkarrow-up114arrow-down11file-text
arrow-up113arrow-down1message-squareWhy do people think the stock market is going to crash Monday because of Trump's tariffs?joel1974@lemmy.world to Ask Lemmy@lemmy.world · 2 months agomessage-square22fedilinkfile-text
I put an order in to sell my VOO shares. I just cancelled it. Hopefully nothing happens Monday. A slight drop is all.
minus-squareNighed@feddit.uklinkfedilinkEnglisharrow-up0·2 months agoYou can have a great company, but if the government decides it’s illegal or something, then that’s still a problem.
minus-squarekernelle@0d.gslinkfedilinkarrow-up1·2 months agoOfcourse, and stocks might fall over the short term, but thoroughly vetted companies have a much higher probability of bouncing back. Diversification and thorough vetting at the time of buying is what experts recommend, not panic selling.
You can have a great company, but if the government decides it’s illegal or something, then that’s still a problem.
Ofcourse, and stocks might fall over the short term, but thoroughly vetted companies have a much higher probability of bouncing back. Diversification and thorough vetting at the time of buying is what experts recommend, not panic selling.