this post was submitted on 24 Feb 2024
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Reminder that shorting is a high risk play and you should never make investment decisions out of spite.
A reminder that the stock market and any kind of high level money market of any kind including digital money .... is a rich man's game where poor are by design destined to lose.
This is a gross over simplification. Yes, rich people can have higher risk tolerance, but that doesn't mean people shouldn't be going long on index funds and otherwise safe, low risk investments for retirement with what they can afford to.
And then listen to every asshole yell 'but think of their retirements!!1!' when the stock market shits itself.
Fuck this system. It's original intent is way long gone, and we should stop pretending it's helping anyone but the rich.