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He literally calls the selloff ridiculous, and then people just started buying.Panic selling swept US markets on Thursday as the Dow Jones plunged a record of almost 1000 points before recouping more than half those losses.It was unclear whether the sudden sell-off, the Dow's biggest ever intra-day drop, was the result of fears over the top ways to invest money 2024 Greek debt crisis, a mistaken trade or technical error.The crash began shortly before 2.25pm local time, when in a white-knuckle 20 minutes America's top 30 firms saw their share prices dive 998.5 points, almost nine per cent, wiping out billions in market value.The drop eclipsed even the crashes seen when markets reopened after September 11, 2001 and in the wake of the Lehman Brothers collapse.The Dow later recovered, closing nearly four per cent down, but spooked traders were left wondering whether a technical glitch had caused the blue-chip index to erode three months of solid gains.Rumours swirled that a Citigroup trader had mistakenly sold 16 billion rather than 16 million stocks in Procter and Gamble shares, forcing the Dow down.Shares in the consumer goods giant lost more than seven US dollars, falling in a similar pattern to the Dow, trading at a low of 55 US dollars a share."At this point, we have no evidence that Citi was involved in any investing haven ethereum erroneous transaction," said company spokesman Stephen Cohen.A spokesperson for earn real money dota the New York Stock Exchange said the cause was still not known."We don't know, right now we're looking into it," said Christian Braakman, "it's all speculation."But after three stanbic ibtc investor relations days in which stocks have suffered triple-digit intra-day losses because of concern about Greece's debt crisis, it was clear that the sell-off was real for some investors.At the close, the Dow had recovered to 10,520.32, down 347.80 (3.20 per cent), while the Nasdaq was down 82.65 points (3.44 per cent) at 2,319.64. I promise you Andrew, and I always bring the fun. And I really think it is super basic the whole point of growing dividends we talked in the previous episode of creating that DRIP machine the drip coffee machine that accumulates shares over time. I think that Buffett tries to do the same as well.
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Remember the best monthly investment plan for 1 year $150b “overnight repo” bazooka on 3/17? So those are going to be two very different things because I have the newsletter that I do full time, right? Share Dilution on Wall Street This is part 2 of the 5 episode “Back to the Basics” series from The Investing for Beginners Podcast. So Andrew wants you to tell us your thoughts about REITs.
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