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Bluesky hits 20 million users (www.engadget.com)

submitted 3 days ago by simplejack@lemmy.world to c/technology@lemmy.world

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[–] benni@lemmy.world 2 points 2 days ago* (last edited 2 days ago) (1 children)

Asking as a layman, isn't it well established that the stock market is extremely efficient and that active trading underperforms (for the same risk level) passively buying the market? Or does this not apply to very local markets?

[–] Shardikprime@lemmy.world 2 points 2 days ago* (last edited 2 days ago)

Indeed. At least it does here in south America. Actually active trading is discouraged because you are always running after the price change.

As you say, performance wise, you either go random or buying ETFs for good overall performers indexes, like s&p or the DOW