this post was submitted on 08 Jun 2024
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That time when Karl Marx got into day trading in the stock market (lemmygrad.ml)
submitted 10 months ago* (last edited 10 months ago) by SovietReporter@lemmygrad.ml to c/chapotraphouse@hexbear.net
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cross-posted from: https://lemmygrad.ml/post/4765399

That time when Karl Marx got into day trading in the stock market

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[–] infuziSporg@hexbear.net 3 points 10 months ago

If the stock markets didn't outpace inflation, nobody would own stock.

The NASDAQ is doubling consistently every 5-6 years, with an average yearly growth of 13-14%. The FTSE 100 is not as fast but still grows like a slime mold on agar.

Owning stocks in durable companies will always pay off well in the long run.