I'm sorry, I really don't know much about the stock market, but I still think the global downturn over the Coronavirus is *weird* for so many reasons:
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1. If your trades are big enough to impact the stock market, or even if you're bigger than the tiniest hobbyist investor, and you're not just cashing out a mutual fund, then you don't need the money ASAP. That's just how it works.
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Replying to @BootlegGirl
It's not about needing the money, it's that if you think the market in general is going to go down then the obvious move is to take your money out of the market Whatever the original inciting factor is, stocks going down are mostly caused by stocks going down
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Replying to @arthur_affect @BootlegGirl
You've got to remember that for all the big investors, like you say, this is theoretical money, they don't have to spend any of it on groceries tomorrow So these downturns themselves are not as big a deal as they seem
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Replying to @arthur_affect @BootlegGirl
For you and me it seems like huge amounts of money appearing from thin air and then vanishing again for no good reason but in the investing world the current value of the Dow is just a vague statement about "How good do you feel about things today"
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It'll go back up as easily as it went down when people's mood shifts, it's just a game
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