this post was submitted on 26 Jan 2024
432 points (94.3% liked)

News

22625 readers
3808 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 12 points 7 months ago (5 children)

How do 80 year olds know what stocks to buy and I don’t?

[–] [email protected] 15 points 7 months ago (1 children)

Because they get all the insider info that they are legally allowed to use for investment strategies which commoners are not.

[–] [email protected] 13 points 7 months ago

She married a man in college who would later become the owner of an investment firm. Have you tried doing that?

[–] [email protected] 3 points 7 months ago* (last edited 7 months ago)

They're in a job where they often are the first to hear significant public info that will affect the markets. This lets them make stock deals to their benefit before anyone else.

If they're being scummy, they use info that isn't public.

Progressives in the DNC are pushing for this to be reformed, so that's the best path for change.

[–] [email protected] 1 points 7 months ago

What methods have you tried? She's tried ALL of them

[–] [email protected] 1 points 7 months ago

Who says they do? Everyone holding Nvidia got the gains, it's the 6th largest company by market cap, everybody with enough money in the stock market (or any shares in an S&P 500 index fund) owns some.

And you'll never see an article about Nancy Pelosi losing money because nobody cares, so if she has a lot of money in a lot of places, you'll just see the bets that succeeded and think she's killing it.