Why are some Yas Forumsacks so concerned about stocks?
For normal working class people it literally means nothing. It affects mostly banksters, kikes. And if you play that Jewish game you should know the risks and if you lost your money now it means you suck in it.
The stocks are there to give us a sense of what the future holds. If they are doing poorly over a few weeks it means that confidence in business is low.
I am a normal working class person and I lost 10 grand that's no small thing to a normal working class person.
10 grand isn't shit
Its sad to see the damage burger education has caused to my countrymen
Stocks are a representation of value for the companies that people work for. Stocks prices falling hurts the companies, which hurts the employees, and is ultimately an indicator of overall economical health. Most people are too stupid to understand this. Don't get me wrong it's a jewish scam but there is still some merit to it.
Should've sold earlier and bought puts.
your super is probably invested in stocks
I ended up buying puts and shorting boeing and made it back, just stating that normal working class people do care and are impacted by stocks
its all relative, we gatekeeping how much people are impacted by stock market crashes now?
>why isn't Yas Forums a completely featureless vision of homogeneity
evidently some people here are interested in the stock market, try and deal with that
>For normal working class people it literally means nothing.
For American working class it makes up their 401k which is their retirement...which means at current, working class Americans have already lost 30 percent of their retirement
>"Who cares about stocks and the economy? I'm just a normal working class guy!"
>gets laid off next month
Stocks reflect how the economy is doing.
You are a part of the economy, therefore it affects you.
Normal working class people depend on the stock market for their retirement. Most of them shift their allocation toward bonds as they approach retirement age, but you still need some stocks. It's also an overall indicator of confidence in the economy, of economic health.
I would sure like to retire someday. 401k got raped in 2008, now this.
The DOW going down means people aren't investing, people not investing means the economy is in trouble. The economy being in trouble means profits are going to go down. Profits going down means companies are losing money. Losing money means less jobs. Less jobs means shits fucked.
yep we are.
Play stupid games, win stupid prizes.
You're abit of a fuckwit, aye sport.
And? Stock value, like any value, isn't real money. It's just amount someone thinks something is worth.
I smell terrible butthurt.
You're a lucky son of a bitch if you have 10k to fuck around with.
and when they need to make margin calls they liquidate their businesses which means plebeians like (You) lose their jobs.
>Why are some Yas Forumsacks so concerned about stocks?
MIGA boomers are losing their 401ks
it'll just go back up
God I hope there are mass suicides.
>For normal working class people it literally means nothing. It affects mostly banksters
Not only does it mean literally nothing. It means less than literally nothing. If you're relatively young (less than 40) you benefit from falling asset prices. It means a house is more affordable, etc.
Propping up the stock market/real estate market in perpetuity, while the underlying infrastructure crumbles, only helps people who've already bought assets.
I would almost call most of the large companies parasitic on the rest of society. They're producing inferior products (Boeing 737) while demanding bailouts and using borrowed funds to engage in buybacks. People ultimately give into these bailout demands because they don't want to be unemployed.
How exactly low stock value can hurt companies? Low "value" means just no one wants to buy. If Ford's stock is low doesn't mean Ford will cease to exist. Meanwhile meme company known as Tesla is terribly overpriced because people BELIEVE in it.
red line go weeeee
I'm fine with that, just wonder why are they panicking? What about "buy low, sell high"?
Man you are stupid. You wanna sell me your wife's pussy for a can of spam while you're at it, you dumb fucking fool.
>For normal working class people it literally means nothing
business closing will not affect the common people, is this bait?
lol, back to work boomer, the new retirement age has been moved to 85.
HOPE THAT YOU DON'T DIE BEFORE YOU RETIRE! AHHAHAHAHAHAHH!!!!
>How exactly low stock value can hurt companies?
Well normally this would make sense. Here's the problem, companies are holding large parts of their own shares and have used debt to re-acquire previously issued shares (ie buybacks).
Why is this an issue? When their share price goes down their balance sheet gets destroyed. They were using the shares they'd repurchased as collateral to either engage in more buybacks or to make other acquisitions. So now they have a bunch of worthless shares sitting on their books and a whole lot of debt on top of it.
In other words, the genius CEO MBAs from Harvard/Stanford have made their companies insolvent for short term stock gains. They want to be bailed out because they scored a little higher on the GMAT test.
Thank you for comprehensive explanation!
But it confirms what I was expecting. Low share price isn't a problem. The problem is the financial system itself and all shenanigans of elites.
I lost a quarter mil.
If smart people like me won’t work then you won’t get your little toys like iPhones and Netflix.
Keep talking shit boy, I’m about to go Galt.
>wut is stocks?
Stocks might not matter but a recession defiantly does, get ready for 2 digit unemployment.
Sounds like your stupid ass made bets too big for his pants. Now you'll be sucking my cock in exchange for a beer and a few hot dogs.
what does galt mean ?
Because Yas Forums is a bunch of losers who believe they're temporarily embarrassed millionaires and that someday their ship will come in and they'll own stocks.
Not before they die from the kung flu
at the most what this means is that children are going to have to care for their elderly parents and house them if their retirement is wiped out completely by the stonk market. But most of them have pensions, social security, etc and will be completely fine.
It may be the end of lavish vacations and consumerism, but that’s not a bad thing. Yes wages will drop and jobs will be scarce but housing will be more affordable and everything will balance our. People survived many economic downturns in the past just fine.
Oh no. No more consumerism and excess. I’m so scared. I’d be fucking happy to farm my own food and have a world without an iPhone in everyone’s pocket. Boomers are the ones that are scared they won’t be able to take 15,000 dollar cruises quarterly.
The neoliberal agenda has has put private businesses in control of more and more of our lives. Especially in America. If big companies start to fail everyone will feel it. It will work out better in the end tho user don’t worry. It’ll just be 3 years of chaos before society starts to resolve itself.
NOTHING IS REAL BRO HAHAH LMFAO XD
Means cutting back on production simply to avoid paying taxes.
I don't have iPhone, I don't have Netflix.
Btw, what's the correlation between technology and stock shenanigans? Facebook became important while being a private company.
COPE Moshe
For normal working-class people it's every penny they saved to one day afford a house or something.
For jews, it's another opportunity to make free money (it's called short-selling).
>smart
>ayn rand fan
:)’’’’
I guess only brainlet may "save" by investing in stocks which by definition are just worthless papers. Value isn't material, it has more to do with faith.
Modern accounting and corporate financing is so unstable and so fictional that many large companies are suddenly insolvent if the stock price tanks. See Boeing.
You're right, it is all ephemeral bullshit, but on the books it matters.
It shouldn't and the stock market is one giant jewish scam but in the current system stock prices do matter.
>Everyone on Yas Forums us a loser, poorfag underaged nerd just like me
There's no other way to "save", your money gets eaten by inflation otherwise, not to mention you'll be working 80 years to afford a house instead of 40.
This
And I thought Yas Forums consisted of only brainlets.
Here in Norway regular people get fired when stock crash, while big stockholders get bailed with the help of regular people's taxes they just fired
Unfortunately this.
They print money every year, wiping out its value, and making your attempt to save money largely meaningless.
This forces you to play their game and invest in stocks.
It is one giant racket and this alone is enough reason for people to chimp out and lynch every kike banker in the world, but most people have no idea what the fed is or how it was created, let alone know how there is a similar institution to the fed in every nation on the world except Iran, Russia, and North Korea.
How can someone be so naive?