Destide@feddit.uk to Economy@lemmy.worldEnglish · 8 months ago$1.15 trillion was wiped out from the US stock market today.feddit.ukimagemessage-square40linkfedilinkarrow-up1420arrow-down17
arrow-up1413arrow-down1image$1.15 trillion was wiped out from the US stock market today.feddit.ukDestide@feddit.uk to Economy@lemmy.worldEnglish · 8 months agomessage-square40linkfedilink
minus-squareJerkface (any/all)linkfedilinkEnglisharrow-up40·8 months agoNo, stocks are not zero sum like a spring storing energy. They can in fact destroy wealth. Think about it. It would be pointless as an investment if they always paid out exactly what they were paid in.
No, stocks are not zero sum like a spring storing energy. They can in fact destroy wealth. Think about it. It would be pointless as an investment if they always paid out exactly what they were paid in.
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