How about college kids who figured out a way to convert student loans into cash, and are bankrolling their meme crap with the student loans under the assumption that Biden will forgive all student debt and stonks only go up.
Overall this is a great time to make money for disciplined investors, but overall this is heading to a very bad place.
I still invest. IRA, 401K, rental properties, etc. Iâve never been a fan of day trading. I think of it like someone who gambles; theyâre always tell you when theyâre up but never how much they lost. Youâd also be shocked at how many people can manage your money but fail to manage their own with something as easy as a company match on a 401k.
Yea I do day trade futures but have over 10 years of staring at the same chart day in day out. I only trade two signals and if it doesnât happen that day I donât get in.
Like you I max 401k, Mine and my wifeâs Rothâs, HSA, and w/e is left over I buy ETFâs.
Honestly, for most people, index funds are the way to go or target retirement funds. They can set it and forget it. Check in on it and also have it add X% per year for increases.
I can make anyone a millionaire without a YouTube video, phony add in a small town paper. But itâs boring and takes time and itâs not as âfunâ as meme stocks, and pink sheet boiler rooms and fake cryptos lol
I donât have enough invested to be burnt by the sun. A movie is going to be made about the Moon Squeeze and I just want to say I was a part of it. Lol
This being the internet, you can say whatever you want without losing actual money. Just saying. I have a buddy who has all of one share of Tesla that he bought ages ago, and is now with a straight face saying that his investment in Tesla made gazillion percent profit. Which is true at face value, but itâs also a grand total of nothing in dollar terms.
136M shotted shares still outstanding on loan according to Ortex.
Iâll sell when I feel theyâve properly covered; itâs only just begun. In the interim playing call/puts off the volatility.
Iâm pretty sure itâs abundantly evident most arenât in AMC for the fundamentals, at least I would hope most understood that. Cracks me up at all the people upset over this