this post was submitted on 13 Jul 2023
771 points (99.6% liked)
Memes
45546 readers
1508 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
And it is not. Sometimes your investment looses a lot of worth if the companies value falls.
Bought Amazon stocks at the wrong time and lost 40% of value 3 months later. Climbed back to 15% loss.
It definitely is not risk free. Not even the biggest, most stable companies are safe from risk.