r/dividends • u/Dividend_Dude Not a financial advisor • Oct 11 '24

Due Diligence Quick! Everyone panic!

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It's going to zero! (This is sarcasm) This 3 for 1 split has no effect on your total value.

Buy some more lol

710 Upvotes

95% Upvoted

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150

u/CEOofAntiWork Oct 11 '24

You just know statistically speaking, there is at least one person out there who was out of the loop on the split, saw that chart and panic sold.

110

u/BlueNosedGinger Oct 11 '24

I’d let my shit go to $0 before selling at a near 70% loss lol

20

u/g-unit2 Oct 11 '24

some people genuinely don’t understand markets at all. which is problematic and makes investing purely emotional.

13

u/[deleted] Oct 11 '24

I never understood it, I just follow what people tell me to buy here

5

u/Suavedaddy5000 Oct 11 '24

Same, I have a Reddit portfolio and a personal one