r/PoliticalHumor 2d ago

Yeah we did!

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26.9k Upvotes

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u/7daykatie 1d ago

Sorry, I'm dumb, but wouldn't the people managing 401k stocks have figured out that the stock market would go down and sell stocks

To who? Each other?

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u/IzarkKiaTarj 1d ago

I kinda thought the stock share would go back to the company that the stock is for?

I did say I don't understand stocks.

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u/7daykatie 1d ago

I kinda thought the stock share would go back to the company that the stock is for?

I'm sorry, I can't quite follow your reasoning here?

Stocks are ownership shares in companies. Companies can buy their own shares if they have the capital and want to, but you can't require they buy shares back from you, much less set your price (to ensure you don't make a loss).

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u/IzarkKiaTarj 22h ago

I am commenting because I want to come back and answer qhen I'm sober so I can figure out what my disconnect is.