stermy4u@lemmy.world to Technology@lemmy.worldEnglish · 2 months agoSpaceX Stock Plummets Below IPO Price as $1 Trillion Vanishestownflex.comexternal-linkmessage-square31fedilinkarrow-up1344arrow-down19
arrow-up1335arrow-down1external-linkSpaceX Stock Plummets Below IPO Price as $1 Trillion Vanishestownflex.comstermy4u@lemmy.world to Technology@lemmy.worldEnglish · 2 months agomessage-square31fedilink
minus-squareFlashMobOfOne@lemmy.worldlinkfedilinkEnglisharrow-up3·2 months agoI agree that it was dumb for people to buy SpaceX, especially with the lack of any voting power. That said, it’s dumber to sell stock when it’s down.
minus-squareBeMoreCareful@lemmy.worldlinkfedilinkEnglisharrow-up1·2 months agoIt depends if you don’t mind throwing the money away, or waiting thirty years for it to catch back up.
minus-squareFlashMobOfOne@lemmy.worldlinkfedilinkEnglisharrow-up1·2 months agoOr you can dollar cost average your way to a more workable position over time. In investing patience is a great thing.
I agree that it was dumb for people to buy SpaceX, especially with the lack of any voting power.
That said, it’s dumber to sell stock when it’s down.
It depends if you don’t mind throwing the money away, or waiting thirty years for it to catch back up.
Or you can dollar cost average your way to a more workable position over time.
In investing patience is a great thing.
That’s what I said?
Not exactly, no.
But, basically yes