Dow sinks more than 700 points. Stocks are on track for their worst quarter since 2023
boonhet @ boonhet @lemm.ee Posts 4Comments 2,096Joined 2 yr. ago
boonhet @ boonhet @lemm.ee
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Lol billionaires absolutely have cash too.
It's beneficial to keep most of it in stocks, sure, but they also get dividends, which can be used to buy more assets, or kept in waiting for a market downturn to buy even more assets.