this post was submitted on 05 Apr 2025
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Leopards Ate My Face

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MAGA clown sees her retirement disappearing (more in comments) (infosec.pub)
submitted 3 months ago* (last edited 3 months ago) by jballs@sh.itjust.works to c/leopardsatemyface@lemmy.world
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[–] mosiacmango@lemm.ee 25 points 3 months ago* (last edited 3 months ago) (3 children)

That's actually a pretty good return, but only helps people with cash lying around, which generally are already rich fucks.

It also assumes this is the bottom. That $2000 could become $1000 and it may take years and years and years to get to $2500 instead.

There is no indication this is the bottom.

[–] ImplyingImplications@lemmy.ca 19 points 3 months ago

That's actually a pretty good return, but only helps people with cash lying around.

Exactly. A 25% return is amazing, but turning $1 into $1.25 isn't really that impressive. Turning $1,000,000 into $1,250,000 is. The two returns are the same but one made 25 cents and the other made 3x the yearly median income of a US citizen. "Buying the dip" only makes a difference if you're already filthy rich.

[–] iheartneopets@lemm.ee 9 points 3 months ago

Exactly. All the morons planning on buying the 'dip' before EU nations even announce their response to these tariffs are about to hurt themselves in confusion