• shani66@ani.social
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    5 months ago

    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
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      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.