Confusion
I guess I'm still confused about how the market fluctuations are economic indicators. It seems they're simple market fluctuations of stocks owned by companies and *some* individuals.
It isn't a true reflection of the financial or economic status of the Average Joe thats for sure.
Am I happy with my retirement investments and my "just for fun" stock accounts? Yes!
That being said, I know how hard I worked, how lucky and privileged I am.
I also know not everyone owns stock. Either as an individual or as a 401k investor with a sweet company match.
While I am thrilled that my accounts are growing I must also take a moment to realize I am a lucky and privileged person to be thrilled about market performance when there are starving homeless children in this world.
This is not intended as a "downer", merely as a reality check that market fluctuations have little to no influence on the daily lives of *most* people. Obviously they have enormous impact on THIS app!!
Love and luck to you all - please be generous this Christmas and Holiday Season with charity if you have been blessed this year by the market
It isn't a true reflection of the financial or economic status of the Average Joe thats for sure.
Am I happy with my retirement investments and my "just for fun" stock accounts? Yes!
That being said, I know how hard I worked, how lucky and privileged I am.
I also know not everyone owns stock. Either as an individual or as a 401k investor with a sweet company match.
While I am thrilled that my accounts are growing I must also take a moment to realize I am a lucky and privileged person to be thrilled about market performance when there are starving homeless children in this world.
This is not intended as a "downer", merely as a reality check that market fluctuations have little to no influence on the daily lives of *most* people. Obviously they have enormous impact on THIS app!!
Love and luck to you all - please be generous this Christmas and Holiday Season with charity if you have been blessed this year by the market
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Evelynne : Market volatility will inevitably lead to emotional volatility, and investment that is not driven by emotions is a sensible investment