this post was submitted on 13 Jun 2024
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[–] shani66@ani.social 1 points 5 months ago* (last edited 5 months ago) (1 children)

You aren't an investor if you are planning to resell. Day trading and real investment are totally at odds. It's far better (for retirement) to invest in a stable company and get a set return over time for it. We also don't even need to do that for retirement, the fact that we do is fucking insane.

[–] sunbeam60@lemmy.one 3 points 5 months ago

You’re arguing against the world that is. I’m just trying to explain the behaviour, not necessarily condone it.

A pension fund manager may not move in and out of stocks on a daily basis, but at some point they’re going to take a look at how their portfolio is doing and react.