RE: Copper Down 5%6 Apr 2025 06:09
" Olivetti..... all investments in the stock market are a punt. Even great companies like Rolls Royce can crash and very nearly burn and then recover.... and people SAVING for their pensions invest in stocks. Don't be an a r s e. "
Now, as you are getting personal, ( ad hominems, gotreal), I'll stop being nice to you and tell you as it is. Not so long ago, it was industry standard wisdom that those who are approaching retirement age DO NOT invest in risky assets such as stocks. We are talking about geezers ( I guess the over 60s ) now complaining that the market has gone down and they are at risk of losing their annuity or future pension pot. No sheet. Shoulda stopped being an a.s.s with your gambling approach to investment and taken professional advice on how to manage your portfolio. Too many amateurs have been lucky in catching the wave of funny money since 2010, which has pumped up the market to an unreasonable level, and made them narcissistically believe they are some Gordon Gekko genius investor ( they are not, just lucky timing to ride the wave ) and that this will go on for ever. Well, it isn't. Now your whiny a.r.s.e is begging for a row-back of US policy or a bailout, no doubt. And why are you gambling in AIM penny stocks and then getting salty when it does not go as planned ?
As Robert Reich just said ...
" The richest 0.1% own 17% of stocks,
The richest 1% own 50% of stocks ,
The bottom 50% own 0.7% of stocks,
Repeat after me .....
The stock market is not the economy ."
Trump is doing this for bigger economic reasons, which I can explain to you if you ask nicely, and the stock market is just collateral damage. Get over it.