joel1974@lemmy.world to Ask Lemmy@lemmy.world · 23 hours agoWhy do people think the stock market is going to crash Monday because of Trump's tariffs?message-squaremessage-square24fedilinkarrow-up144arrow-down16file-text
arrow-up138arrow-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 · 23 hours agomessage-square24fedilinkfile-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-up5·18 hours 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-up2·18 hours 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.