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submitted 8 months ago by [email protected] to c/[email protected]
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[-] [email protected] 21 points 8 months ago

Not a massive expense. Turned 500 € into 250€. Learned a lesson nonetheless.

I followed the GameStop (GME) hype to late and halfed my money in 4 easy steps. Follow and don't repeat.

  • invest (feel like robin hood ... hehe)
  • panic (notice why I shouldn't daytrade and why I was in therapy
  • withdraw my money at an awesome 2:1 ratio
  • not fall for internet hype that quicky again and delete my invest account
[-] [email protected] 4 points 8 months ago

There's an old saying that "Time in the market will always beat timing the market."

You just didn't hodl long enough ;)

[-] [email protected] 3 points 8 months ago

Stock market is all gambling. You just gotta choose a bunch - some indexes, like Dow/S&P, some bonds, and then a few stocks you "like". Then hold them for decades, and check in only a couple times a year. Otherwise you'll most likely lose money.

[-] rip_art_bell 1 points 8 months ago

VTSAX and chill

this post was submitted on 15 Sep 2023
204 points (97.7% liked)

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