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28232280 No.28232280 [Reply] [Original]

I'm the trust fund kid from yesterday who is given $5000 a month and loses a ton of it on stocks and stuff. I just lost another $10,000 yesterday because I bought a bunch of PUTS for GameStop and closed them on monday because it looked like GME wasn't moving but then it tanked today, i would have made $15,000 had I held onto it another day but. i didn't want to lose more.

I need advice i keep losing but i know in a bull market HODLing is the way. I liquidated everything in my portfolio and split it between two companies, GEVOs and MARA. Gevos is a biofuel company that i really like and Gates apparently likes and then MARA is a BTC and ETH mining company that i don't see how i can go wrong.

I plan on selling OTM options that are like 10% OTM that expire a week in advance, the premiums on these options collectively generate like 15% weekly but obviously you can still lose if volatility is too high.

Is this a good idea? I need to start gaining money like now. I'm 22 right now and for the past 3 years I've consistently halved my networth, in 2021 I lost 50% already.

>And before anyone says "fuck you im not helping you you deserve it rich people are scum" keep in mind I'm incel and have attempted suicide twice in my life. It's not all fun and games.

>> No.28232382

buy poop coin
very big profits from the poo exchange

>> No.28232610

>>28232382
No im serious im really depressed and actually can not lose any more money. I need to start making bank.

>> No.28232698

>>28232610
pay me and ill teach you how to trade like a non retard

>> No.28232880

Buy the GME dip and hodl

>> No.28233029

>>28232698
Because i feel you're lying.

I have friends who apparently make tons of money with "technical analysis" and i pay them to help me and it fucks up and goes the opposite way. They told me a stock was "headed for a breakout" with a bunch of fancy graphs and charts and it TANKED.

>>28232880
No i feel GME is going to slowly go down more and more ngl.

>> No.28233184
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28233184

>>28232280
>>28232610
you might just have low IQ, not even joking. Investing short-medium term has an IQ floor you need to reach otherwise it's the equivalent to gambling. I'm sorry but if you bled 50% of your network within 3 years and haven't been able to make ANY money on investing I don't think it's for you. Put your money into a long term ETF or all in on AT&T stock long term for 7% dividends per year and just work like most people.

I'm not saying this to be mean, I could tell you to invest in crypto or this and that but you're gonna end up losing it all.

>> No.28233201

>>28233029
Save up and buy real estate first

>> No.28233248

Keep buying GME

>> No.28233319

Why are you continuing to pretend to be retarded?? Do you jerk off to the attention you get here or something? Its sad, get a hobby

>> No.28233346

>>28233184
Except this is one of those things where I'm TOO smart to invest. Kind of like buying the lottery. You unironically need to be dumb to buy a lottery ticket, but people get rich doing it. I'm too smart to hold a falling investment, but then it springs up when i sell. I'm too smart to buy an overvalued stock like TSLA, but then it shoots up. I'm smart enough to short GME, but then it doesn't move.

>'m sorry but if you bled 50% of your network within 3 years and haven't been able to make ANY money on investing I don't think it's for you.

I lost my networth every year for three years. So i lost 50% in 2019, another 50% in 2020, and then in 2021 I lost 50% already shorting GME

>> No.28233447

>>28232280
>$5k a month?
do you pay rent?

>> No.28233454

>>28233319
Why do you troll my threads continually? You're mentally ill.

>> No.28233598

Larp

>> No.28233673

>>28233447
No my parents pay it.

>> No.28233723
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28233723

>>28233184
>>28233201
Real estate is also fairly hard to fuck up
>>28233346
Jesus christ... im shit at math but what is that like 89% or something? Look if you have a few hundred thousand left just look into real estate find a house with good ROI% and buy it then rent it out. Go for a two family home or triple decker would be the best bang for your buck. Alternatively you can buy houses in the ghetto and have the government do section 8 on them so you're guaranteed payment by the government even if the niggers won't pay up.
>I'm TOO smart to invest
Listen kid, look up the dunning kreuger effect... you claim to be too smart but you just admited to selling on red. Buy on red sell on green. You also seem to have chose to short GME at the bottom, again short at the top buy at the bottom (well with GME don't buy at all lmao)

>> No.28233837

>>28233673
what do you spend $5k a month on?

>> No.28233925

>>28232280
Thank you sir for your losses, they're my gains.

>> No.28233948

>>28233723
Exept the thing is, I'm really smart but i can't forecast the future. There's no possible way to know if you're at the top or the bottom.

I bought Geogroup after it crashed because i analyzed it with Bloomberg terminals and it was a great company, so i bought at the 'dip". It just kept crashing.

>> No.28234015

Post losses as proof and I’ll tell you how to make money

>> No.28234034

>>28233837
Investments.

>>28233925
And this is why i want to stop investing or at least make gains. I don't care about the money, i just don't want others like you to have it lol

I believe wealth should be kept in the family it was made.

>> No.28234036

>>28232280
you're a fucking retard and you should kill yourself, even though you're rich
you're a fucking failure while the neets here get rich trading shit coins
neck yourself once again

>> No.28234114

Sound like you’re unironically just a retard, OP. Just pile into ETFs.

>> No.28234135

>>28232280
Wow I'm a trust fund kid too and hearing this story makes me feel better about myself, that at least I'm not as retarded as you.
But yeah maybe you should take a step back from investing and get your emotions in check. You sound like you jump the gun too fast and hard.

>> No.28234183

>>28234036
You're a fucking moron, the neets on here are parasites and i unironically hope this GME thing ends up having daytrading banned.

>> No.28234244

>>28232610
Try getting a job you absolute retard

>> No.28234268

>>28234015
We told him to do this last thread and all he did was post a shopped and cropped photo. He thinks he's "trolling" but all he's doing is wasting his time.

>>28234114
>>28234036
>>28234135
Don't bother, he's being ironic. You can tell because he just posts bait and it gets more and more obvious as the thread goes on

>> No.28234280

>>28234135
Except you are retarded.

Are your parents both surgeons? I doubt it.

>> No.28234341
File: 119 KB, 1024x736, 1024px-Indian_Canoe_by_Albert_Bierstadt,_c._1886,_oil_on_canvas_-_Blanton_Museum_of_Art_-_Austin,_Texas_-_DSC08433.jpg [View same] [iqdb] [saucenao] [google]
28234341

>>28233346
>I'm too smart
You're not honest with yourself. The unconscious will compel you to make mistakes until your self-perception is in alignment with the truth. Your opinion of yourself is too high and so you will be brought low and humbled. You should also consider that for a person such as yourself, wealth may be a punishment and a torment, and you are being protected from it.

>> No.28234360

>>28233948
if you suck at forecasting then as i said, short term stocks or crypto isn't for you. Set up a paper trading account where you can use fake money to practice until you're good instead of burning all your money like a retard or just go the real estate route.

>> No.28234380

>>28234244
>get a job

>in an era where there are no jobs

Holy fuck you're retarded.

>> No.28234436

>>28233948
bruh
youre losing money in a historic bull market. stop acting like youre an investing secret genius. delete trading apps off your phone then buy real estate or some boring mutual funds. sit on your hands for 10 years and collect profits.

>> No.28234437

many retards here end up being millionnaires whild you squander the money of our fathers

>> No.28234496

>>28234034
Too bad you're too smart to trade correctly.
I'll keep going with my inferior intellect and my gains

>> No.28234532

>>28234268
You spent 2 hours trolling me and trying to get a reaction, this is my last reply.

>>28234341
>You should also consider that for a person such as yourself, wealth may be a punishment and a torment, and you are being protected from it.

Except your life is shit if you're not wealthy,

a middle class life is literal hell in 2021. Literal torture.

>> No.28234698

>>28234360
>suck at forecasting

Nobody can "forecast", anyone who claims they can is a liar.

>>28234436
>Buy Geogroup

>It tanks

>Buy BTC

>It tanks

>Sell bTC

>It goes back up because Elon tweets about it

>Short Gamestop

>It stops going down

Explain how those were bad decisions at the time? Hindsight is obviously manipulative.

>> No.28234745

>>28232280
Read a book, maybe two and lurk for another 2 years minimum

>> No.28234750

>>28232280
>I just lost another $10,000 yesterday because I bought a bunch of PUTS for GameStop and closed them on monday because it looked like GME wasn't moving but then it tanked today, i would have made $15,000 had I held onto it another day but. i didn't want to lose more.
Puts $46 on March 5th anon here.
Been talking with you about this since late last week.

Go to the archive and look up my posts to you. They all ultimately say your position was solid, and your failure with investing is not your buys, it’s your horrible sells. I told you numerous times to hold at least through Wed.

>> No.28234788

>>28234496
And i'll keep collecting my 5k monthly checks and eventual inheritance of an actual fortune from my parents.

>>28234745
I've read intelligent investor, security analysis, "you can be a stock market genius", etc

Maybe you should try reading a book?

>> No.28234809

>>28234280
I am in the military so probably, but at least I doubled my initial investment in a year instead of losing most of it.
So I assume your parents are both surgeons, guess you didn't inherit their intelligence. That's okay man. Like I said you seem too emotional to be investing, you should take a break.

>> No.28234829

>>28232280
Do yourself, your parents, and the world a favor and kill yourself. You have shit personality and dumb as fuck. How you can have a fat trust fund and still go broke is just natural selection finding a way to cull the weak against all odds.

>> No.28234901

>>28234750
I know but i was so scared that it was going to STAY THAT WAY and i was going to lose even more. I had no way of knowing that was going to happen.

But i remember you, would you suggest holding BTC? Or is BTC at a peak? I don't know man im terrified im going to lose more. I'm holding MARA which is directly correlated with BTC.

>> No.28234947

>>28232880
Lol. No

>> No.28234953

>"I'm really smart."
>"here are all the retarded things I've done "
Thank you for making my charts green anon.

But if you want real advice, learn how to trade with pocket change, you dumb cunt. Turn 1k into 20k and then start using big kid money. And get a job?

In fact, I hope this entire post is a larp. If you blow it all though, you can always invest in $rope.

>> No.28234984

>>28234809
>im in the military

Lol, i'm talking for a literal shit for brains who thinks he's cool because he gambles money.

>>28234829
It's because the system we live in is dysgenic and punishes the intelligent like me and rewards retarded gamblers who buy and sell digital shit. That's why.

>> No.28234998

Hmm, alright so I'm the kinda guy who has had a rough go at life but is always trying dig myself out of the whole my childhood put me into. So while I don't have any extra income, I know exactly what Id do if I did.

If you do get $5000 month (which is awesome dude. If I had that I'd finally get a car that's not a death trap) take %40 of this month's and dump into Dogecoin. I had $50 to spare and have grew it to $300 which is a damn good return.

Next, join The Motley Fool stock advisor group. Excellent group. I've made great returns with them but I had to use the monies on car repair ;-;

Next, buy silver but not a ton of it. The US government artificially keeps it's value low so gold and the US dollar doesn't decrease. Silver is always good to have in the event of a recession or depression.

Now find an ETF that you like. These are bundles of stock that are normally more stable but increase over time.

Finally invest into companies that give back dividends.

Hope I helped

>> No.28235016

>>28232280
Maybe stop gambling you cocksucking degenerate

>> No.28235024

>>28234901
Please tell me what your next plans are so I can do the opposite

>> No.28235052

>>28232280
kek, shitcoin miners

>> No.28235063

>>28234953
>get a job

Maybe if there were jobs in 2021 i'd have one, ever thought of that.

>turn 1K into 20K

Bro im just trying to make a 15% yearly return. I don't expect to make that kind of return in my life.

>> No.28235095

>>28232280
-Contribute to your 401(k) up to your employers match.

-Save 3-6 months expenses in cash

-Open a brokerage account, contribute to it via automatic payroll deductions and buy ETFs or dividend-paying bluechip stocks

-Stop being a faggot

-post pics of that sweet trust fund pussy on /biz/

>> No.28235175

>>28234998
I'm part of "Seeking Alpha" but all their advice is TOTAL SHIT. Is Motley Fool really better?

Also thank you i will follow most of your advice.

>>28235024
I just bought 20K of MARA the bitcoin mining company and I bought 20K of "GEVOs" a biofuel company.

I plan to sell OTM call options on them and collect the premium.

>> No.28235223

>>28234698
look... youre a midwit. Thats ok man, im a midwit too. the first step is admitting you have a problem. once you acknowledge that you can change your behavior. stop making hyper volatile investments and then immediately selling them when they dip. btc WILL be back it always comes back. just buy and hold like an absolute brain dead mouth breather and youll triple your money this year. fuck it, hold 4 years through the next bear market and youll 15-30x your money in that time. quit trying to outsmart yourself with hot new investments.

>> No.28235277

>>28232280
you're literally too dumb to be playing with stocks. Just buy a bunch of silver, gold, platinum and real estate to hedge against inflation and call it a day.

t. former homeless person who was given jackshit by his parents and worked himself up into the middle class

>> No.28235399

Man, a lot of y'all suck ass. Like sure OP is a trust fund kid that made some bad calls but why do we have to be assholes to them? Just be nice bitches.

>> No.28235416

>>28234984
>>28234984
holy fuck I know you are baiting but on the 0.1% chance you aren't you're such a peabrained piece of shit I have to reply

all of your trades were gambling and/or short sighted; the explanation for your shit performance is simple: you're an idiot

>> No.28235461

>>28235175
>motley fool
kek

>> No.28235604

>>28235063
Aight, I'm a retard, just learned about investing at new years, and I've already doubled my money with crypto and stonks in the last month. And that includes losing ~10k getting rugged by pajeets on /biz/ before learning my lesson. How are you having this much trouble?

>> No.28235665

Don't buy stocks, just buy fashion items underpriced that are bound to go up like a normal wealthy person, then sell in a few years.

Archive Raf Simons
Hermes Birkin
Louis Vuitton never full
Sam Hyde merchandise (kek)
Buying supreme drop items then holding on and selling
Archive Helmut Lang
Van Cleef Alhambra
Chanel 2.55 bag

Bonus:
Burgundy Wine
Curated art

>> No.28235667

Holy fuck, this ist not possible. I can’t decide between legit massive cringe or excellent bait.

But whatever, if not larp, stop fucking gambling you fucking retard.

>> No.28235690

>>28234532
Post any sort of proof that you are real and I will stop. How about that??? You won't because this is just a larp for attention. Congrats, it worked. Now you can jerk off to the fact that someone finally acknowledged your existence

>> No.28235704

>>28235223
>you're a midwit

Says the braindead pleb who's probably part of Occupy Wallstreet.

>> No.28235766
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28235766

>>28234984
Woah the projection, weren't you the one crying on a mongolian basket weaving forum cause you gambled and lost mommy and daddy's money?

>> No.28235815

>>28235416
You're a troll, no seirous reply from me.

>>28235277
>t. former homeless person who was given jackshit by his parents and worked himself up into the middle class

And you expect me to take advice from this?

What a joke

>> No.28235911

>>28235667
You have to be trolling, i know no one here makes money, everyone here loses. It just comes down to HOW MUCH you lose.

>> No.28236041

>>28234984
So your stupid and a delusional narcissist? Got it

>> No.28236174

>>28235175
I believe they are. Of course you must research each company to see what they are up to before being comfortable enough to invest.

Last year I turned I made around a %300 return in a few months. Prolly would have made more if I hadn't needed to sell. COVID hit my bank like a truck bruh lol

I like Shopify personally. They are posed to become a major marijuana distributor in Canada. Speaking of marijuana stocks, it's safer to bet on distribution rather than manufacturing and growth. There are too many options into infantile of an industry to count on any of them, but one thing you can count on is that people are going to want to buy it. That means you need to seek the company that will have the best position to be an online distributor of marijuana once its legal.

>> No.28236176

>>28235766
I don't gamble, i invest.

>>28236041
>stupid
>while driving a Tesla at 18

Ok

>> No.28236239

>>28235704
i do appreciate your continuing efforts to transfer your generational wealth as quickly as you can to as many people as possible. keep selling dips and buying tops friend

>> No.28236252

>>28233346
>I'm too smart to hold a falling investment, but then it springs up when i sell. I'm too smart to buy an
Maybe get dumber. I held BTC from $1000 to $20000 down to $3300 (bought more) then covid dip $3800 (bought more) now it’s $47000 and I have 10x more BTC. Get dumber.

>> No.28236312

>>28234901
>I know but i was so scared that it was going to STAY THAT WAY and i was going to lose even more. I had no way of knowing that was going to happen.
Options are not for you at this point. And that’s fine.
Options is complicated and equally trying in ones necessity to leverage the time value of your contracts. As I stated multiple times selling your position within ~3hrs of the bell on a Monday, on a ridiculously volatile asset, that has no business being above $25/share was the absolute worst thing you could do (following buying the options in the first place without a working knowledge to fully leverage them).

If you’re honest with yourself you’ll see unequivocally you’re trying to get rich quick. That works about 0.001% of the time for people, regardless their intelligence quotient.

Slow down and aim for making $100 a day. Then after a month go to $300 a day, then after 6 months shoot for $2500 a week. These level of gain are possible. And most importantly you’ll be training yourself, because as of now you don’t understand why you’re losing... and you need to learn this lesson first

>> No.28236424

>>28236176
Lol that you bought with daddys money

>> No.28236468

This is how old money gets phased out and new money phased in. Best of luck man.

>> No.28236518

>>28234380
>trust fund baby
>too dumb to into nepotism

>> No.28236520

>>28234034
Lol. Kid, you're a fucking loser. Smfh. Swing doge like the rest of us and lose it all. A fool and his money. If I were your mom I'd make you get a j o b

>> No.28236690

Remember this thread as a reminder who the real losers in life are.

>> No.28236772

>>28232280
Read books on value investing
And learn to relax
Buy stocks not because if fomo and don't sell because of fud
Be objective

>> No.28236791

>>28234788
and you'll fucking lose it all because you're an idiot
LMFAO

>> No.28236827

>>28236174
I spent WEEKS researching a company, reading their financial statements, etc, looking at bloomberg

I STILL LOSE

I knew every single possible tihng about Geogroup before investing, they still failed.

>>28236239
That's why I'm done with this, so plebs don't take it.

I don't even care about the money honestly, i just don't want those like you to have any. You can starve for all i care.

>>28236252
What motivated you to buy during those "dips".

I bought more Geogroup when it tanked, but it just kept going down down down down down.

How would i know that BTC will spring back up but Geogroup wouldn.t

>>28236312
Well i want to get rich quick because i want to escape being an incel. I'm sure i could just invest in Amazon and become rich when im 60 and inherit my families fortune but by then I'll be a 60 year old virign.

>>28236424
And? That shows i come from good genetics.

>> No.28236869

>>28236176
owning that tesla had nothing to do with your own intelligence, as your stock performance proves

>> No.28237000

>>28236518
>having tons of money means you have connections

You are one dumb motherfucker, no wonder your family couldn't make it.

>>28236520
>make you get a job

I would give up my entire fortune for a fucking job dumbass. Maybe if there were jobs in 2021 I'd take one.

You're just a fucking loser.

>>28236690
Yeah, it's you, and all the other haters.

>>28236772
I've read 5 books on Value investing so far, including Security Analysis and Intelligent Investor.

None of that helped ever.

>> No.28237086

>>28237000
show proof that you actually made these investments, or else you are just larping for attention

>> No.28237105

>>28236791
I'll just put in in index funds just so there's no chance of any moronic gamblers here getting it. I don't like to see the stupid rewarded.

>>28236869
Stock performance and crypto performance has nothing to do with intelligence, as proven by the fact that so many peasants here make gains from it.

>> No.28237161

>>28237000
No kid, you're the fucking loser.
Sad!

>> No.28237226

>>28236827
I used to work in finance and it's a dirty little secret that companies have different sets of books. One they use internally, one they use for taxes, and another to show investors.

Never trust the books.

>> No.28237228

>>28237161
You're actual fucking trash.

>> No.28237367

>>28237105
>has nothing to do with intelligence
then it's not possible to become good at it
keep crying, i'm 400% up this year

>> No.28237384

>>28234788
Then apply what you have read in those books

>> No.28237407

>>28236827
BTW, the only way to truly lose as if you didn't learn anything. You either win or learn.

>> No.28237414

>>28236827
Well clearly your “good genetics” had a mutation if a dumb fuck like you is the result. Your probably your families shame. Your dad crys every night wishing he had a son he could be proud of, instead he got you.....

>> No.28237579

>>28237226
i invested in it because the ceo put all his money in it so hhe believed in it

>> No.28237661

>>28232280
>i keep losing but i know in a bull market HODLing is the way
It's good you acknowledge that. I don't know what percentage of your portfolio was tanked by GME, but it looks like options is what's caused most of the losses. I assume you know how Theta and the other Greeks letters effect options. But even if you understand options, it might be better for you to stay away.
>I plan on selling OTM options that are like 10% OTM that expire a week in advance
>expire a week in advance
Can be EXTREMELY risky to SELL options. You're loss can be theoretically unlimited. Now I'm not too sure you understand how the Greeks effect options. Depending on the variables, the Theta alone can screw you over. Also, are you selling OTM options without hedging yourself by owning the underlining stock? It really depends on the company, but think this might be too risky for you anon. This sounds like a recipe for disaster and a way for you to lose a massive amount of money.

You're investments into BTC and ETH mining companies are good. GEVO looks like there's promising space for their business to grow. Also Mara looks alright from the little I read about them.
I'd suggest you research companies that look like they'll be growing. Like FSLY, BL, ABNB, SHOP, Nvidia, etc. Then invest 85% of your allowance into an array of those companies every month and most importantly hold. With the other 15% you should then split into quarters and make four separate plays on different companies you'd like to try your hand in with BUYING calls. Make sure these companies are high growth you've researched and have great reason to believe they'll be increasing in value.
You're 22, you have a lot of time. Even with losing 50% of your portfolio, don't feel too bad because you still have enough to make it and you seem to have a steady stream of income.
In summary, have 85% of you allowance go into an array of new safe investments to hedge yourself and 15% you can risk by buying calls.

>> No.28237680

>>28237367
And my net worth from my parnets (since im an only child i'll inherit 100% of it) is still far higher than yours ever

And even if you get rich, you'll never get to expeirece being young and rich.

Keep crying

>>28237384
I did, and i invested. a ton in Geogroup, and lost everything i had.

Those books are shite.

>> No.28237693

>>28232610
If this is real, you are retarded.

First of all, stop trying to be a wallstreetbets meme gambler. Stop buying puts/calls. Puts/calls are for institutions and broke fags who have nothing to lose and want to gamble. With 10k to throw around, you should just buy the actual stock and hold it with the intention of growing. That means stop trying to fucking day trade.

Second, you would be making better, more reliable gains in crypto. With 10k you can buy a stack of coins in any micro cap that would get you to 6 or 7 figures when it takes off. So what you should be doing is looking for micro caps that are significantly undervalued but have solid fundamentals. Things that you can buy at or near the floor which have potential to moon big time. If their market cap goes up by 100 for example, so would their price.

Then buy several such projects. Go in big on them, 10k here, 10k there, etc. Maybe split another 1k or 2k to some other projects.

This is how I've been making returns in this market so far. Once you secure some bags, be prepared to hold them as long as it takes for them to moon, get in the mindset of never selling until they moon. Also split some up in btc and etherium and maybe a few other top coins, again for holding. If they dip like when market crashes, buy more. Keep doing this for the next couple of years.

In time you will get to 7+ figure gains.

>> No.28237845

>>28232280
You're being retarded. Thanks for the free money. 95% of active traders lose money in the market

That being said, I'll help you fix your shit. Stop actively trading. Active trading is for computers, retards who can lose money and the biggest of big brained niggers. You know what category you're in, so don't even try.

Now lets talk about what you want to be, and how to give it to you. You want to be a trader, but 95% of active traders lose money. Do less, you dumb nigger. If you want to be successful in this game you need to sniff out good pitches and sideline everything that isn't a fucking home run. Let me give you an example. Beyond meat IPO pumped like a motherfucker, and week later institutional lock-up expired. Brain-dead homerun play. Big short positions and yours truly walked home with 20k free money. If you're not playing for a homerun you'll lose more money than you make by far. take 80% of your portfolio and put it into boring shit, and take the other 20% and wait. And wait some more. Stop batting at 110 mph curveballs. you're never gunna hit. Look into intuitional lockups, and when they expire. Look into congress and senators on where they're invested. If a whole bunch of people are making the same options play and you hear about it from mouth breathing retards, avoid it. If there's super high volatility around your plays, avoid it.

The game is about minimizing risk, not being some deep pocket rich douchebag who afford to take the hits, because no matter how rich you are it doesn't matter.

you're a fucking wannabe who doesnt get it.

>> No.28237863

>>28233346
>only smart people buy high and sell low
jesus christ

>> No.28237886

>>28237680
You're a loser who tried to off himself twice and loses 10k a month. Lol go fuck yourself loser. I bet your parents dont glow with admiration when they talk about you. :,(

>> No.28237891

OP I think you would be more at home on WSB

>> No.28237903

>>28237414
Except i am super intelligent and am going to medical school so.....

Yeah

You on the otherhands are shitposting on this forum to compensate for your trash genes.

>>28237661
>selling options loss can be unlimited

I'm selling Covered Calls so the risk is capped. So either the stock drops and i collect the premium or the stock goes up above the strike and i have to sell it for a foregone gain.

>You're investments into BTC and ETH mining companies are good. GEVO looks like there's promising space for their business to grow. Also Mara looks alright from the little I read about them.
I'd suggest you research companies that look like they'll be growing. Like FSLY, BL, ABNB, SHOP, Nvidia, etc. Then invest 85% of your allowance into an array of those companies every month and most importantly hold. With the other 15% you should then split into quarters and make four separate plays on different companies you'd like to try your hand in with BUYING calls. Make sure these companies are high growth you've researched and have great reason to believe they'll be increasing in value.
You're 22, you have a lot of time. Even with losing 50% of your portfolio, don't feel too bad because you still have enough to make it and you seem to have a steady stream of income.
In summary, have 85% of you allowance go into an array of new safe investments to hedge yourself and 15% you can risk by buying calls.

Saved and i'll be doing this. Thank you based anon. I'll be following this!

Would you recommend holding onto MARA and GEVO though? At least with what i got in them? I got 20K in each.

>> No.28238018

>>28237680
They aren't
Fundamental analysis works
You should stop trying to 2x your money and look for reasonable gains
Perhaps just buy etfs and hold

I think heaven is trying to humble you, so you stop looking down on others

>> No.28238028

>>28236176
But you just said you invested in GME which was a total gamble. You are a retard, just stop investing at the very least just go for some index funds, bonds or etfs instead.

>> No.28238047

>>28237693
He's a fucking idiot or the best bait I've ever seen. If I had 10k to put in just one coin back in dec or January I'd be set right now.

>> No.28238092
File: 115 KB, 1002x270, memes.png [View same] [iqdb] [saucenao] [google]
28238092

>>28236827

>> No.28238093

>>28237680
you have no idea how much money i have you stupid faggot
your superiority complex is likely the reason for your constant failure

>> No.28238182

>>28232280

It's very simple, Anon. You buy BTC and ADA every month, as much as you can. You sell this December. You buy back in around June 2022. You continue your DCA for 4 years and repeat the above steps. You do this for 12 years (3 halving cycles). You retire at 35. Any questions?

>> No.28238221

>>28237886
And you probably lived in an under 5m house at one point in your life.

>>28238018
Again, GEogroup had perfect fundamentals, it failed.

>>28238028
I SHORTED GME YOU DOLT

>> No.28238242

>>28237228
You are trash hahhahahhahhahahahaaa

>> No.28238324

>>28238047
>if i had 10k to buy a lottery ticket and happened to win I'd be a set right now

That's how stupid you are.


>>28238182
So should i sell the BTC mining companies I currently have and buy them back in June?

>> No.28238349

>>28238221
Shorts are still quite a gamble op.

>> No.28238357
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28238357

>>28232280
Assuming this isn’t a larp, just buy ARK etf funds, BTC, TQQQ, PLTR, and hold. You will make a great return and your rich daddy will be happy. Don’t fuck with options because you clearly don’t know what you’re doing.

>> No.28238430

>>28238357
I bought FNGU which is much like TQQQ and i lost money.

>> No.28238500

>>28238221
How mich dovidends does geogroup pay
In what way were their fundamentals perfect
What ev/ebitda did they have
What was their return on capital
And what is tve i dustrial average for those values

Even with fundamental analysis, you need a diversified portoflio so the gains and losses average out and beat the market

>> No.28238600

>>28238221
I'm from Greenwich and my mother loves me.
>She glows with pride and admiration when she speaks about me.
You on the other hand lose 10k A MONTH because you're fucking stupid
>Pathetic

>> No.28238601

>>28232280
I'm not gonna shit on you because the others have already done that plenty.

But the idea of buying shares and selling calls is a sound one, one word of advice though is to diversify, like more than 2 different stocks.

But have some sort of strategy if the market tanks, because that can wipe you out.

>> No.28238633

>>28238500
>how mch Geogroup does they pay

17% when i bought them

>In what way were their fundamentals perfect

They were bringing in tons of profit, had long term government contracts with private prisons. Were undervalued given their cash flow, and all around were a great company

I forget specifics because it was over a year ago.

>> No.28238643

buy every link dump
it's that easy

>> No.28238691

>>28238324

I'd just buy and hold your stonks. I'd invest heavily in TSLA, BEEM, PLUG, AAPL, MFST, AMZN, JMIA, LRCX and maybe RIOT/MARA.

You don't sell these, you sign up for M1, set your percentages, and set a 10k a month DRIP, and you forget this exists.

Follow these steps and you'll be rich as FUCK in 15 years.

>> No.28238764

>>28232280
This is a very real fear of mine bros... Making it only to sire a fuck up coddled trust fund kid for a son. You can only hope your kid learns from repeatedly fucking up like OP, but there are no guarantees. OP seems a special kind of retarded, taking huge risks without ever learning from the mistakes, over and over again. Halving net worth yearly for 3 years is impressive.

Godspeed OP, hope you manage to unfuck your low attention span zoomerbrain before you turn 30.
>Pro tip: As a trust fund kid all you have to do is value invest. Whether it's crypto or stocks, just make your picks and sit on them. Trading is for plebs.

>> No.28238804

>>28232280
You're a wannabe trader and you have no idea what makes a trader successful

>> No.28238870

>>28238324
If you put 10k in grt in dec after researching them like I did you would be set. But your superior intellect has you losing 10k a month.
Holy shit are you a fucking idiot life has really blown you the fuck out :,(

>> No.28238931

>>28232280
literally buy spy once a month and forget it
5k/mo not that much all things considered, you should figure out how you'll make real money instead of gambling this away

>> No.28238991

>>28234901
You are consumed by fear, you have to be emotionless and have no attachments when trading or else bad decisions are inevitable. You have to be a cold, calculating, badass motherfucker with a penchant for reading and research. If you cant do all that then stop being such a whiny faggot and just load up on ARK etfs and trust Mommy dearest Cathie motherfucking Wood

>> No.28239092

>>28232280
Why handle your money yourself? Put it into a fund with low-medium risk. Set aside a decent amount every month of those 5000. Create thus passive income.

Save up until you can afford some real estate and rent it out -) more passive income. Part of the rent goes back in the fund.

Continue this cycle for a couple of years and you'll be a multi millionaire without doing a lot of work.

Time is precious, don't waste it.

>> No.28239134

>>28232280
put 80% of your money on $SPY and the other 20% on the baccarat table

>> No.28239232

>>28238991
He doesn't understand that to be good at the game you need to be cold and calculating. That one needs to minimize risk, not just expand it mindlessly.

He'll be sucking dick for sub 1 link in less than 20 years anyway

>> No.28239251

>>28232280

Stop fucking with options, you're not chamath Palihapitiya. Unless you know how to properly construct a straddle and have 10's of millions to play with and can go directly through Barclays, you have no business fucking with options.

>> No.28239496

>>28237903

Also, you might want to work on your attitude. Being benevolent and gracious, pleasant to deal with, will get you very far in life. Being a cunt means exercising your cunt muscles and they will only get stronger over time.

>> No.28239585

>>28238691
>15 years

This is a problem

I want to be rich before im 30 so i can escape being an incel.

Also i though TSLA was in a Bubble and is going to crash soon?

>>28238764
I have a high attention span you dolt.

>> No.28239706

>>28238870
I research stocks for days and weeks, makes no difference to the outcome cdumbass.

You're a moron.

>>28238991
You're a whiny idiot.

>>28239092
Because i need to be a millionaire before im 30 so i can escape being an incel.

At this rate i won't be a millionaire.

>> No.28239755

>>28237903
If you were actually smart you would know that getting into medical school doesn't mean you're intelligent. Sure, you would probably have to be above average to get an acceptable MCAT, but a good GPA doesn't make you smart.
t. high-ish IQ that had shit GPA that intellectually mogged 4.0s in HS

Ngl I wasn't paying too much attention but I'm pretty sure you conflated puts and shorts a few times in this thread, but I could be wrong and I'm not going to check. Losing OTM puts I can understand, but you would have to be an absolute sperg to lose money shorting gme these past few days. Literal textbook dead cats bounce patterns on the daily for easy profits, or you could've played on a more macro scale and still profited.
Intelligence is pattern recognition, yeah? Recognize those patterns, use that big boy medical brain of yours.

>> No.28239797

>>28238991
There is your problem then
Invest only what you are comfortable losing or try to reduce risk (diversifying, etc.)
And learn that money is irrelevant

>> No.28239806

>>28239496
I'm a really really good person. I just don't like being bullied and discriminated againt.

>> No.28239894

>>28239755
>high grades means nothing, im smart even though i suck at school

No you're just. a dummy

And I shorted GME on Friday, i closed my shorts on Monday and lost $10,000. Yes it was a SHORT

>> No.28239963

Imagine how much shit his parents talk about him when he isn’t around lmao

>> No.28239991

>>28239755
And i thought Friday was a "deadcatbounce" so i shorted it, and then on Monday it wasn't a deadcatbounce so i closed the position.

>> No.28240022

>>28239706
Stop masturbating and be a nice person
Don't lie, be compassinate and enduring

>> No.28240028

>>28239706
all the research in the world won't fix a faulty analysis

>> No.28240096

>>28237903
Sorry to break it to you anon, but you're retarded. You aren't "too smart," or even a little smart. You flat out fuckin brain dead. All you do is lose. Medical school means literally nothing. I know plenty of doctors with sub 100 IQs

>> No.28240193

>>28239806
Most people are nice if others are nice to them
Being nice when others insult you is a sign of good charcter

>> No.28240225

>>28239706
What does it help being a millionaire by 30. Taking these high risks will rather deteriate your health. Why not just be well off and passively accumulate it. Life won't change much by having a million on a bank account, just look at some of the fuckers here on /biz/. Big portfolio, but no life.

>> No.28240240

>>28240096
The market is a tool that transfers wealth from the intelligent to the stupid and gamblers.

This if anything only significaies im one of the over eduated types.

>> No.28240342

>>28240225
Because girls don't like guys who aren't millionaires by 30.

My dad is starting to question if im gay or not, and i have to get rich so i can get a girl and prove him wrong.

That's my primary motivation.

>> No.28240354

>>28239706
I don't think being a millionare is going to stop you from bein an incel. Just go hire an escort it looks like you got the money.
And don't give me that crap about your pride or dignity cause it looks like you got none left gambling away daddy's money.

>> No.28240369

this is the weirdest troll thread ive seen in a hot minute

>> No.28240383

>Can somebody please post the "how's my little wolf of wallstreet doing"

>> No.28240483

>>28232280
have you tried doing the opposite of what you've been doing now?

>> No.28240486

>>28240354
They are super gross and ugly

>> No.28240545

>>28233948
You sound like a fucking idiot.

>> No.28240554

>>28240342
dude most people get laid, and most people aren't and will never be millionaires. connect the dots.
if your thinking is as fucked as this then you'll never have success on the markets. just dump it in a fund or something

>> No.28240650

>>28240554
A girl at my school literally said i was white trash beacuse i drive a Tesla, her boyfriend now drives a Porsche.

>> No.28240665

>>28240240
No, because it's transferring your wealth to people with a brain. I hope you're trolling because your level of self awareness is a joke

>> No.28240670

>>28240486
Yeah if you pick a some crack ridden ho off the street. Use an escort site and take your pick.

>> No.28240733

>>28239806

This is 4chan, son, the rotting asshole of the internet. If you can't handle people fucking with you here, you're not going to enjoy medicine. Trust me.

>> No.28240863

>>28232610
You really are the rare stereotype of a rich kid that is kinda dumb, arent you? Dont worry, your grandchildren will fix the family tree after your failure.

>> No.28240882

>>28240240

Ok boys, this is clearly a jebait.

>> No.28240928

>>28233346
Why do you think making money will solve your problems they won't. You already have money and you're a sad sack

>> No.28240955

>>28232280
Start putting a couple hundred a month into crypto projects that are actively setting out to accomplish something. Maybe you make serious money or maybe you lose some money you were going to lose anyway off some stock you were late to the party on. You have nothing to lose at this point so just embrace degeneracy and gamble on shitcoins like everybody else here.

>> No.28241084

>>28240665
>people with a brain

Stupid gambling addicts don't have brains

>>28240670
I looked at an escort site and they all looked like steortpyical plastic face weirdos.

Show me a single good looking one.

And i don't have high standards, i literally think H3H3's wife is good looking apparently she's not. But i couldn't find a single decent one on a site.

>>28240882
You're clearly a troll, off my thread

>> No.28241129

>>28233346
you are hopeless. you will lose all of your money. the anon you replied to is right

>> No.28241173

>>28240928
I have a Tesla, girls don't care about that.

If i could throw a party on a Yacht and drive a Porsche, that would solve my problems. I'd just put it on Tinder and put my net worth in my bio.

>> No.28241230

>>28232280
>Claims to be trust fund kid.
>Goes to 4chan to ask for free financial advice...

>> No.28241255

>>28239894
Wow, you are a little asshole aren't you.
Perhaps I didn't get good grades because I grew up with a cracked out broke single mom? Or maybe it was because I abused xanax and oxy on a daily basis to escape the crushing depression of my home situation? Or maybe it was my one year hiatus from education that I took at 16 after I got arrested. Your pick.
Since you seem to be really into grades and scores, I got 128 on the Wechsler, and the night before the first testing day I didn't sleep because I was on a coke binge. 1530 on the SAT, which of course is top 1%.
None of that matters. The only thing that matters is what you make of yourself. I'm not saying you shouldn't get good grades, you should do well in school if you've already committed to that path, but what matters is what comes after. And if you can't make it after college, then all your accolades and stickers up to that point mean absolutely nothing.
Also, there's nothing wrong with being a trust fund kid, but you should try not acting like such a faggot.

>> No.28241353

Buy 1000 dollars worth of every coin in the top 20, can’t miss with aim like that

Or, just. Put it into good crypto. Or stocks. And hold and wait.

>> No.28241651

>>28241084
You're the gambling addict. You do realize that, right? You've lost 10s of thousands and haven't made a damn cent. AND you keep doing it! You're literally retarded anon, idk what else to tell you. Hopefully you'll come to terms with it eventually. I wish I was as blissfully unaware as you

>> No.28241658

>>28241255
You're the asshole, you're the one calling me dumb for making wrong moves in the market.

>> No.28241675
File: 137 KB, 795x1207, file.png [View same] [iqdb] [saucenao] [google]
28241675

you literally couldve just put 5000 in ANY fucking top 15 crypto and you would be put 10% on avg. right now lmao

>> No.28241686

based youfarming trust fund larper

>> No.28241772

>>28241255
>put it into good crypto or stocks

Does BTC and ETH count as good crypto?

>> No.28241783

>>28241658
Because you are dumb OP. We're just trying to help open your eyes. The sooner you realize you're a brainlet the better

>> No.28241866

>>28232280
How retarded do you have to be to not just buy Bitcoin and gold and hold them?

>>28235016
This.

>> No.28241895

>>28241651
I have made money on certain trades, but overall i've lost money.

And Trump has lost a lot of money, does that make him a bad buinsessman or investor? LOL

>> No.28241911

>>28232280
dude invest in (BFCH)bit frontier capital holdings, (GBTC)gayscale bitcoin trust, and (BITW)bitwise crypto index. look at the graphs and see the moons on all three. ppl are sleeping on them while the wealthy are buying them up. hurry before its to late.

>> No.28241914

>>28232280
Stay away from options right now. Start small, pick companies you believe in. Also allocate a few hundred of your 5k into crypto. There are a few great coins that are very cheap right now.
I’ll stick around the thread if you have questions.

>> No.28241983

>>28241675
Would you still suggest buying CRYPTO? I might just buy more BTC?

>>28241783
Except you're the brainlet, you're from a peasant upbrining.

>> No.28242011

>>28239894
>Yes it was a SHORT
No it wasn’t. It was $60 puts @$14. THATS why I told you to fucking hold

>> No.28242020

>>28241658
No, I'm calling you dumb because you're telling everyone you're "super smart" because you're med school bound.
If you're going to throw around your intelligence like a dickhead, at least use an actually relevant metric. Like an IQ test, or, idk, how the entire world measures value, in money.

>> No.28242091

>>28241895
Yes. Yes, it does make him a bad business man, but you're too retarded to understand

>> No.28242098

>>28242011
Puts are a form of shorting dumbass.

>> No.28242229
File: 667 KB, 480x287, giphy.gif [View same] [iqdb] [saucenao] [google]
28242229

>>28242098

>> No.28242237

>>28242020
He's a lost cause anon. He's not smart and he knows it. He's just on here coping

>> No.28242245

>>28242020
Lots of high IQ people lose money in business..

>> No.28242272

>>28239991
>so i shorted it, and then on Monday it wasn't a deadcatbounce so i closed the position.
Shorting stocks =\= buying puts.
Again you had puts with $60 strike @14/share, expiri this Friday

>> No.28242290

>>28237903
If youre so smart, why havent you made any money?
I have a trust fund too, and with my (obviously superior) intelligence, I have realized what every other rich person knows: trying to get rich quick is a fools errand. If you had any intelligence at all you would realize that with your means a small monthly yield will eventually lead to massive gains. for example, if you can manage to generate 1% a week for 20 years, you will be able to turn 60k into 1.8 billion. Truly intelligent anons know that patience is a virtue and will always pay off. you are clearly developmentally deficient, as anyone with any real class doesnt insult commoners.

>> No.28242294
File: 158 KB, 900x1226, it's time.jpg [View same] [iqdb] [saucenao] [google]
28242294

>>28232280
Dude, buy my 7 GME for 2999. It's a bargain.

>> No.28242335

>>28242091
>I'm a genius
>PUTS ARE SHORTING

You're retarded anon and you keep proving it to us

>> No.28242348

>>28242091
Yet he's a billionaire and you're a peasant. I'm not on his level but im certainly above you, and i bet I'm above everyone on this board.

>>28242229
Buying puts is literally shorting.

>> No.28242439

>>28241983
50% btc
25% eth
25% low cap/midcap higher risk altcoin, maybe split 12.5/12.5 to spread your risks in the altcoins

then only look at your portfolio once a week until july and voila

>> No.28242441

>>28233673
>>28233454

DESU anon I'm not a pro by any means but... It sounds like you should just play with smaller amounts of money, try to pretend you are poor for a few months. Try to save money on food, shelter, live a bit frugally. Then be the same way with your investments, if you know you're fine if you lose it you don't care so hard. If it really is your ass on the line, your mind will be more sharp and you'll be more focused and things might just fall better into place... I mean I just get the sense things don't feel right for you? You think this is what you're supposed to be doing?

t. -60% on meme stocks since GME frenzy, just trying to get to break even with other stocks now, trying to think long term.

I just want some money so I can buy a god damn house without having to take out a 30 year loan n shiet.

Just some advice 4u anon, if you are smart, I don't think the problem is your investment strategy or ability to research. I think you just need to try live without dat trust fund, or at least feel like it, in order to function properly. srs

>> No.28242485

>>28235815

Oil tanker stocks.
That is where gains will be 3-7 months from now.

You’re welcome.

>> No.28242508

>>28237579
Sounds like the lesson learned is never weigh someone believing in themselves into whether or not you believe in them.a Boom. You didn't lose, you won a lesson. Them bad boys are priceless. I've been poor amd grinding my whole life so trust me when I say that lessons are the greatest asset.

It could be that the CEO poured money into it to try and keep it alive for reasons undisclosed to the public. Unless they poured it in from the start.

>> No.28242531

>>28242348
Keep telling yourself that anon, but everyone knows you're retarded. With your lack of hindsight or general logic you'll be a peasant like me in no time. Keep up the good work!

>> No.28242592
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28242592

>>28232280
what a whore

>> No.28242757

>>28242348
So what type of trades are you doing? Just covered calls and cash covered puts?
Tired the wheel or put credit spreads?

>> No.28242778

Have you tried, oh I don't know, saving it?

>> No.28242973

>>28242290
>1% a week for 20 years

That's all i've ever wanted, that's a SUPER-YIELD. 1% a yeild, compounded annually is 70% a year.

That's all i've ever wanted

>> No.28243009

>>28238047
Yeah honestly all in on avax set up a node and stake the coins

>> No.28243056

>>28235815
>And you expect me to take advice from this?
well, given that I've been doubling my networth every couple of months while you're halving yours, I'd say I'm better with money than you.
I was also fucking hot tourist girls in hostels and elsewhere all the time while being a homeless poorfag, while you're an incel loser who can't get a woman to sleep with you despite being a rich, spoiled trust fund babby, so I'm also better at life in general.
>you'll never experience what it's like to be young and rich!
And you'll never experience what it's like to be a young man who has sex, lmao

Also, I'm well on my way to my first million, will probably get there long before you get to piss away your daddy's inheritance, loser.

>> No.28243065

>>28242757
I'm trying the wheel right now

I just loaded up 20K on GEVOs and 20K on MARA, im selling OTM calls on them now. I plan to do this for a year.

>> No.28243154

>>28238691
This is the best advice. Sign up for M1, from reading all the posts you need to be hands off.

>> No.28243206

>>28243065
Selling OTM calls on MARA is such a bad play lmao wtf. Brainlet confirmed

>> No.28243219

>>28243056
You're a loser though. You come from white trash, you were HOMELESS

In my opinion people who come from middle class families of doctors and lawyers are losers

You're a super loser.

>> No.28243282
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28243282

Stack BTC and when it hits 400k you'll be even richer than you already are.

>> No.28243319

>>28243206
How is that a bad play? Explain

You're clearly a brainlet dumbass.

>> No.28243335

>>28233346
Larp or you aren’t as smart as you think you are and the sooner you realize it the sooner you can make money.

As the child of someone in the 1%, I know I am not as smart as the financial guys I pay. That’s literally their job so I can do fuckall and have an inheritance. Sure, I’ll gamble on shitcoins for fun with my $18k Christmas or whatever, and make absurd amounts of money (I’m up like 300% in shit coins), but there are guys here up 10,000 percent or more. It’s lit a gamble for me as I am a casual, and I would never gamble anymore than 1-3% of my overall wealth. (As literally every smart rich person you would have grown up around would have told you)

Thus - If you’ve lost 50% of your net worth, you are either larping or not smart.

>> No.28243443

>>28242098
Now you’re calling me a dumbass?
The only person who has legitimately tried to help you since last Friday? I have $46 outs for March 5th and demonstrated multiple times why you’d need to hold yours at least through Wednesday. Even if you sold today you’d of at least doubled your money. But I’m the dumbass, eh?

Not sure you’re overarching intellectual failure, but helping you is an exercise in futility.

>> No.28243458

>>28243335
You're a dumbass. You'll never be super rich with that attitude.

>> No.28243476

>>28242348
I'm done with you, >>28242237 is right.
>>28242348
You would think with all your medical school education you would at least be able to keep your definitions straight. Now I seriously doubt your story.
>>28242245
Yes, my point exactly. Like I said earlier, intelligence alone means nothing. What matters is success. Whether you achieve that through intelligence, charisma, work ethic, something else entirely, or any combination thereof is completely irrelevant.

As my final fuck you I'd like to point out that if you had any shred of intelligence you would have forseen the vitriolic reaction that your demeanor throughout this thread would get on this board. Both market and social cues go completely over your head. I know your reply will likely be snide and dismissive, but I do hope somewhere in that thick head of yours some of what I said has registered and stung.
Then maybe, just maybe, you'll splash some water on your face, look yourself hard and the mirror, and say:
"Anon, today is the day you stop sucking so much cock."

>> No.28243558
File: 640 KB, 487x1265, 4thproblem.jpg [View same] [iqdb] [saucenao] [google]
28243558

Put it in LTO you snob
thank me later

>> No.28243557

>>28243206
>>28243319
They're COVERED CALLS you dumbass.

>>28243443
I'm sorry actually i thought you called me a dumbass. I take back what i said to you. I'm just so used to calling people dumbass because i've been called up so much

>> No.28243630

>>28241084
>Says he doesn't have high standards rejects every girl.
I don't think an incel like you should even get the the luxury to choose.

>> No.28243703

>>28243630
They were super super ugly escorts. They looked like literal monsters.

>> No.28243768

>>28239806
This reads like you're a young child, and I'm not even kidding. I'm not trying to bully you, but keep this thread up and in a few days come back and carefully read what you've written.

>> No.28243830

>>28243768
I'm 22

>> No.28243842
File: 378 KB, 665x842, 20201119_044936523_iOS.jpg [View same] [iqdb] [saucenao] [google]
28243842

>>28233029
dude, picking stocks is not teaching someone how to trade. learning to trade is learning a mindset, not about how to analyze stock. you are so fucked.

>> No.28243937 [DELETED] 

>>28233346
I can tell by the structure of your thoughts that you are not smart enough to gain more than the market.

I'll tell you what I told my millionaire girlfriend (who became that because of my investment advice) to do after she gained a lot of wealth.

Do this: Stick to index funds primarily. You can use a small portion of your wealth for ETFs that you think are strong growth sectors for very long holds. For example the Semiconductor industry nowadays. Keep 20% or more in cash for market crash buying opportunities and oh shit situations.

Don't buy individual stocks. Don't trade options, and for God's sake never trade on margin.

You are extremely lucky to start with a lot of wealth to invest. It means you can "make it" fast in a low risk way. Don't squander it because you have a big ego and want to be a successful trader.

Even if the problem is that you are "too smart for the market", that still means you should not try to play it, because that means you will just as if you were not smart enough.

I have been in this game for 5 years and started poor. So did my gf. Now we are both rich. My gf is very smart, but she does not have the right mindset to find low risk high reward plays that Mr goldberg is yet to discover. The amount of research and thought and special knowledge necessary to consistently outperform the goldbergs is beyond your imagination. Count yourself lucky and invest spread out. Invest safe.

Leave your pride behind. If you absolutely want to prove yourself to be a good trader, play with maximum 2% of your wealth a year until you see it really working consistently for a few years. If it does, then still keep 80% of your wealth in safe stuff.

>> No.28244003

>>28243065
>I'm trying the wheel right now
>I just loaded up 20K on GEVOs and 20K on MARA, im selling OTM calls on them now. I plan to do this for a year.
NGMI

>> No.28244127

>>28243458
Uh? I already am? I would almost guarantee I am richer than you.

Thanks for cementing this as a larp though with that answer.

>> No.28244148
File: 1.37 MB, 264x264, 20201119_115412211_iOS.gif [View same] [iqdb] [saucenao] [google]
28244148

>>28243703
>listing your failures while claiming to be smart
unfortunately many people here were like you, and you, like many of us, will need to learn the hard way.

>> No.28244225

>>28244003
Expalin what's wrong with that strategy?

Holy fuck just tell me where the flaw is

>>28244127
You're not richer than me, my family are far more than just the 1%

You're trolling

>> No.28244246

>>28243830
Dude, Chad retards working at Burger King have no problem getting laid. 30 yr old boomers riding their lawn mowers get laid. High schoolers with no money at all sneak into their gfs house while her parents are asleep and get laid. Knowing this, why can’t you get laid?

>> No.28244262
File: 31 KB, 680x392, EpAAIRsWMAAlTLc.jpg [View same] [iqdb] [saucenao] [google]
28244262

>>28244127
5k a month is either
>not that rich
or
>your family doesn't trust you with the money

>> No.28244271

Buy a fat stack of rolls Royce

>> No.28244322

>>28240650
This is the funniest post in this damn thread.

>> No.28244348

>>28243219
>You're a super loser.
who of us is making money and who's losing it?

The only thing I've ever lost and you didn't is virginity.

>> No.28244472
File: 20 KB, 650x147, everest_logo_650px.min-800x800.png [View same] [iqdb] [saucenao] [google]
28244472

>>28232280
>>28209416
>>28213888
>>28221888
>>28234666
NWO COIN RELEASED
WALLETS TIED TO ON/OFF CHAIN CLOUD STORAGE
ACCESSIBLE WITH BIOMETRICS ALONE (POOR PEOPLE CHIPPED FIRST)
ESTONIA AND MALAYSIA ON BOARD
EXPEDITED PUBLIC SALE STARTED TODAY
GET THE FUCK IN HEREE
https://www.youtube.com/watch?v=ERqnYsLiYUI&app=desktop

>> No.28244505
File: 102 KB, 828x795, great white.jpg [View same] [iqdb] [saucenao] [google]
28244505

WE LIKE THIS THREAD
>inb4 poo poo pee pee

>> No.28244514

>Claims to be smart
>Incurs losses routinely, doesn't stop to evaluate why
>Unironically buys high sells low
How the fuck do you have some apparent unlimited wealth but struggled with TA? I learnt it in 4 days, reading over Investopedia, some university level financial market books and Binance Academy. I'm already 200% up from last month

>> No.28244527

>>28244246
Girls tell me im ugly

But if i had an actual Yacht there's no way they'd still all say that, especially if i put on my Tinder my networth and show my Yacht

>> No.28244564

>>28232280
>I liquidated everything in my portfolio and split it between two companies, GEVOs and MARA
>I'm 22 right now and for the past 3 years I've consistently halved my networth
Are you a disappointment to your parents?
How do you function knowing that you are medically retarded?

>> No.28244574
File: 1.02 MB, 1242x1798, 5FD043D6-9269-4B45-A97D-D1C8286FE04B.jpg [View same] [iqdb] [saucenao] [google]
28244574

>>28244225
Well anon, if not a larp, that leaves option 2...

>> No.28244601

>>28243219
Now you've just gone full pajeet-caste tier. Which is better, the man born into wealth or the man born ontop of garbage who makes wealth?

>> No.28244626

>>28244262
It's the second they could easily give me way more if they wanted.

>> No.28244658
File: 1.57 MB, 325x235, 20201102_035239440_iOS.gif [View same] [iqdb] [saucenao] [google]
28244658

>>28244564
his parents are probably dead.

>> No.28244661

>>28244527

This is a troll

girls don't give a FUCK about your net worth if you go about it the right way. Look how many girls bang these degenerate losers that are just club promoters who are a few days from being broke but have a positive, imho too positive outlook on life

>> No.28244723

>>28244574
It's a larp. Read >>28244527

Dude was way too on the nose there. That or he has some kind of issue like autism, and I'm not even trying to be funny there.

>> No.28244729

>>28244348
Who's the one who comes from a wealtheir family?

>>28244514
I studied the shit out of technical analysis, it was never right the patterns never worked.

>> No.28244773

>>28244626
i told you already earlier, learning to trade is not about learning to pick stocks, it's about learning a mindset and lifestyle.

>> No.28244919

>>28244661
>girls don't give a FUCK about your net worth

Troll confirmed.

>>28244723
I do have aspergers.

>> No.28244947

>>28244626
So, yeah mom and dad think you’re not very smart anon. Perhaps you should rethink the “I swear I’m a genius!!!!”

>> No.28245056

>>28244919
Invest your money into getting socially trained by a professional who is an expert in aspergers. You're ugly to women because you're a sperg who can't control himself socially or read the room.

>> No.28245314

>>28244527
Find an ugly girl then.

>> No.28245316

>>28232280
Just buy chainlink
CHAINLINK
BUY BUY BUY
Open an account on Coinbase and get to buying already. Invest a considerable amount of your monthly trust money into Chainlink every month.
CHAINLINK
BUY BUY
It’s pumping to $30 right now, and it’s guaranteed to reach $100 within 12 months.
That’s all you need to know. If you’re curious what it does, check out the resources on coinmarketcap.

>> No.28245501

>>28232610
Get in crypto. Get the fuck in crypto. Even if you buy now at continually booming prices you will still make out like a fucking bandit over the years, and there's new shit all the time with real value and real use cases at rock bottom prices. All money will be crypto one day. All of it. The earlier you're in on that the more of those gains you skim.

>> No.28245542

You probably have no impulse control and critical thinking ability when it comes to this shit. Put the vast majority of the shit you have left in a safe ETF or managed fund and leave it until you can actually stop pissing away your money. Maybe even set something up so you can't access it for a certain amount of time (think years). Once you've waited that time and can actually manage to stop throwing money down the toilet, then consider using a small amount of the shit coming in to try build some investment skills.

There's no harm in cutting your losses, taking a step back and just letting shit accumulate for a few years, you're 22. You'll likely get less retarded and impulsive as you get older too

>> No.28245574
File: 189 KB, 637x575, 1610315565474.png [View same] [iqdb] [saucenao] [google]
28245574

>>28232382
this

>> No.28245770

Would you sage this clown out of existence already? He is too dumb to just put the fucking $60k a year good boy salary he gets into the bank when he's pissing it all away on increasingly stupid investment decisions.
>>28232610
You are not cut out for this. Throw it in SPY forever or throw it in the bank. Or stay losing.

>> No.28245937

>>28245574
stole ur image

>> No.28245946

>>28244527
Why don't you just tell them daddy owns a laundromat or whatever shit you keep telling us

>> No.28246075

>>28244729
>Who's the one who comes from a wealtheir family?
given that you're an ugly aspie incel who's too dumb for stonks but is too insecure to admit it to himself, while I have a normal sex life and pulled myself up from literally nothing, I'd say I've inherited a lot more genetic wealth than you did.

>> No.28246143

>>28232610
buy OGN now, they just announced amazon partnership

>> No.28246216

>>28245770
helping reach bump limit because i feel dumb for taking thread seriously even for a second

>> No.28246307

After reading through this thread, I genuinely believe OP is a retarded disappointment to his family, or possibly am epic troll. OP, if you are trolling, well done man.

>> No.28246353

>>28244729
What did you study at university?

>> No.28246480

>>28245770
No don't this thread is hilarious and has some genuinely good advice for people who aren't retarded

>> No.28246722

>>28238764
You still need to be a parent. It seems like the father just tossed them cash and said fuck it that's my parenting for the year or next decade. As long as you just don't completely fuck up you should have a decent chance of not having that.

>> No.28246952

Honestly,

If you have a steady stream of income and crypto is not your job:

HOLD btc, eth, link

Trading is for poor people that want to get to a point where they can hold.

>> No.28247098

>>28237903
Glad I can help, OP. Again, you should be good and you have lots of time.
>I'm selling Covered Calls so the risk is capped
Perfect that's what I was hoping.
I think with the coming 1.9 trillion dollar Covid-19 relief coming soon, paired with all the other spending that's going to be coming soon, that the stock market will likely soar again. Although not as high as last year probably.
So after the Covid-19 relief passes, buying calls with medium expiration dates with the 15% on the right companies should do you very well!

>Would you recommend holding onto MARA and GEVO though? At least with what i got in them? I got 20K in each
Hmm, although I think Biden's administration has given more room for GEVO to expand its business—I think with the recent growth that you should take profits now.
Maybe keep $5,000 in it (25% of your current position) and put that into another company that looks like it will grow in the next year and a half—like ABNB (their IPO happened last fall). I'm just worried that since it's gone up hundreds of percent in value very fast that the air will be taken out of it, so to speak. I haven't seen any more news on Biden's EPA plan or regulation on fuel so a correction will more than likely come soon. Taking profits made in the last month or two would be the safe move for now. Then when you hear Biden start talking about EPA policy or the infrastructure bill in the future—that's when you want to look back into it and see if it makes sense to reinvest.
As for MARA, I think you can hold onto them. Halving happened not to long ago and I believe that the miners will be driving the price up as time goes on.
With the 75% you take out of GEVO, I really suggest putting it into:
>FSLY
>BL
>ABNB
>SHOP
>Nvidia
>DIS
>Lemonade
>POSH
>Appian
>Datadog
>MDB
>and maybe YEXT/AMD
And hold for awhile. All these are great for 85% of your allowance to be put into.

>> No.28247166

>>28234698
Allow me.
> buy btc and eth
>hodl
>don’t look at any charts. Just hodl
>5-10 years millionaire
You’re welcome

>> No.28247439

>>28232280
Cant tell if this is a joke or not.

Put everything into index tracking vanguard funds, mainly the SP500.

Ignore coins, ignore stock picking, ignore anything /biz/ says, firstly you're not smart and secondly you cant be trusted to manage money.

>> No.28247448

> I get $5,000/month
> I can’t live off that
Ngmi

>> No.28247508

>>28232280

This thread reminds me of the ROT telegram group. Humans ngmi.

>> No.28247658

>>28247098
>Maybe keep $5,000 in it (25% of your current position)
even this might be too much risk exposure for you after reevaluating the chart and looking at the opportunities they have. Maybe leave $3,500 in it. But the company is very likely to have a correction and may crab all the way until Biden makes more Green moves or his infrastructure plan starts getting real momentum. Even then, it's not guaranteed that it will grow a massive amount more.

>> No.28247787

>>28233346
You can absolutely be too smart. If you are, you are too far ahead of the herd and lose patience.

You need to be aware of your timing relation to the herd. It’s easier to be slightly in front of it than to be so far ahead you don’t think they’re coming. You end up thinking things are so obvious that if they are not happening now they’re never going to happen and you sell when you should hold.

>> No.28247927
File: 448 KB, 900x871, 253-2538420_pepe-fren.png [View same] [iqdb] [saucenao] [google]
28247927

>>28244505
POOPOOPEEPEE BBBBBBBBBBBBBPPFPFBPBPPFPBPB

>> No.28248036

>>28235175
>Motley Fool really better
Motley Fool is excellent. Has made me a lot of gains.
Pretty much all my picks I gave were suggested by them (except POSH and AMD) and I researched them myself and find them to be among the best of their picks.

>> No.28248127

>>28232280
buy physical silver

>> No.28248192

>>28232280

>> No.28248309

>>28232280
>I need advice i keep losing
Buy companies you actually use. Don't invest in shit.

You are getting 5k a month and trying to get even more by gambling? KYS

>> No.28248348
File: 94 KB, 471x388, 047037DF-FC8F-4259-B09D-DAE4CCE837F2.jpg [View same] [iqdb] [saucenao] [google]
28248348

>>28233346
>I'm TOO smart to invest.
>I lost my networth every year for three years. So i lost 50% in 2019, another 50% in 2020, and then in 2021 I lost 50% already shorting GME

>> No.28248359

>>28234183
lmao me too retard. Wanna know why? Because then the only place they are gonna sink their money is in crypto. You genuinely are either the best troll I have seen on here, or are genuinely retarded enough to make a multi-year lurker make their first post. You fucking, RETARD

>> No.28248593

>>28244729
idiot with too much money has to pride himself on his family's achievements because he himself has none

>> No.28248811

stop investing in the market.

get a degree and build your network/skills.

be happy. forget about all of this lol

>> No.28248880

>>28232610
You're a retard. For money Find shit coins that don't move and buy them while they're low have psych resistance and everyone thinks it's hopeless but the project is still legit etc. Ie STAKE when it was 1.30 when PRQ was 0.13 when PHA was 0.10, and now when STA has stabilized at 0.10 as well.

Also money =/= attractive. So no girls. Use your money to become attractive. Start roids and keep your hair. 750mg test e weekly 4iu gh 20iu lantus 0.5mg adex m/w/f eat high protein medium carb medium fat, learn how to lift and if you're prone to hairloss bi estrogen cream and ketaconazole cream topically on your head. Also get a full sleeve or neck peice tatt and get a fkboi haircut. Lastly offer to do Molly with females.

>> No.28248912

Also, you say you're an incel.

join a crossfit gym. invest in yourself before this the crypto market.

>> No.28248981

>>28234183
Confirmed retard

>> No.28249040
File: 19 KB, 400x400, 1593184283555.jpg [View same] [iqdb] [saucenao] [google]
28249040

>>28233346
>TOO smart

>> No.28249276

>>28232280
Buy and hold GRT for a year.

>> No.28249525
File: 287 KB, 400x414, 1599859690803.png [View same] [iqdb] [saucenao] [google]
28249525

>>28245316
Pretty much this. Newfags run this board now, but LINK is, was and always will be the one true biz coin. $1000 eoy

>> No.28249530

Tell ya what, OP. I like you. You're selling options. You clearly have motivation, I'll help you out, but it'll cost ya. You have contact deets? You can pay me in silver bullion.

>> No.28250801

>>28249530
I can't dox myself after all the shit i said.

>> No.28250967

>>28232280
You are a fucking degenerate wasting your family's money like that.

>> No.28250980

>>28249530
a way to contact you, like telegram or something, last chance

>> No.28251422
File: 70 KB, 740x683, IMG_8785.png [View same] [iqdb] [saucenao] [google]
28251422

>>28234280
> both surgeons
both parents traded their time for money, ngmi. i'm genuinely sorry you didn't have a good childhood with quality parental attention. time and where we direct our attention and attention received is so fundamental to well being. even if you were receiving 100k per month that hole you feel inside won't be filled by anything. sorry bro, roll again

>> No.28251496

>>28235063
there are plenty of jobs. you just don't have the skills that the market demands.

>> No.28251498
File: 112 KB, 1654x544, mara.png [View same] [iqdb] [saucenao] [google]
28251498

>>28250801
I will tell you for free just to cuck this guy >>28249530

Take your $5k and buy 100 shares of MARA, sell the FEB 19 $45 strike call. Instant $350 profit. Congratulations on your 1st profitable trade.

When you get assigned keep the cash and sell the 30 delta put 10 days to exp for another $235 profit.

>> No.28251569

>>28232280
Buy at the dip, sell at the high.
Stop shortselling and be prepared to hold for months or years.


Also...shills are here to pump, period.
Also also...since you don't seem to be smart enough yet, there is no point in giving you advice. Don't marry and just become a sugar baby or a stripper.


The world is full of sharks and you my dear are a sheep amongst them. Avoid anyone who constantly calls you "crazy" and accuses you of "overreacting", those are social parasites and predators gaslighting you, usually for money or favors.


Good luck, kid. -e-hugs-

>> No.28251647

>>28237105
if you consistently lose, just short the shit out of what ever you planned on longing. it's that simple. also - while i'm still here, meaning in life comes from struggle and effort. few

>> No.28251650

>>28232280
Can you invest in me with $100 to start doing the same?

>> No.28251768

>>28232280
spend 1k on:
a) bitcoin
b) ethereum
c) chainlink
for the next 5 years
retire in 6

good luck

>> No.28251903
File: 245 KB, 1626x915, gamagori.jpg [View same] [iqdb] [saucenao] [google]
28251903

>>28232280

fuck you faggot. I have a trust fund too, but I didn't beg like a spoiled cock-hole for other people to do DD for me. I read and did research and was careful with the money my family gave me because I'm extremely thankful for it. I've 4x'd it in the time I've been self-managing my port (since August).

Take fucking responsibility for your life's outcomes and stop waiting for people to give you shit for free.

>> No.28252107

>>28251647
yes, I have a seX id, something you won't get unless you get turbo ripped. how tall are you btw? are you excited to be a human version of web-md?

>> No.28252113
File: 589 KB, 875x492, Untitled.png [View same] [iqdb] [saucenao] [google]
28252113

>>28232280
Buy land and assets on the sandbox, it's still very cheap. Make money while making frens and playing vidya.

https://medium.com/sandbox-game/announcing-the-sandbox-land-presale-4-3-the-last-and-biggest-land-presale-with-smurfs-31ece7890b

>> No.28252173
File: 140 KB, 960x721, American Posting.jpg [View same] [iqdb] [saucenao] [google]
28252173

>>28232280
Literally buy ARKK and just hold.

>> No.28252258
File: 341 KB, 618x464, apu - why did it have to be this way.png [View same] [iqdb] [saucenao] [google]
28252258

>>28233029
Technical Analysis is astrology for finance bros. Buy ETFs and you will be fine. Like I said above, ARKK, ARKG, ARKF, VTI, and TQQQ - you will be just fine

>> No.28252280

>>28250801
#1 is stop swinging for the fences. Put most of your money into stuff that will work out on its own without active intervention. BTC, ETH, TQQQ, ARKW, ARKG for examples. Long and healthy track records with superb returns. Then take maybe 10% and sprinkle it on YOLOs. You can't let YOLO be your main attack formation or you will continuously get steamrolled by the hammer and anvil market makers who can squeeze anyone out of a bad position (I.e. highly leveraged positions on volatile, easily manipulated shit).

>> No.28252469
File: 98 KB, 849x1034, 1601293934860.jpg [View same] [iqdb] [saucenao] [google]
28252469

why go full retard into single companies when you can afford to buy a healthy chunk in like 20. do a bunch of stims, and do what you did with geogroup again but two dozen times over. faggot.

>> No.28252514

i hope you die

>> No.28252603
File: 1.05 MB, 1394x841, Untitled.png [View same] [iqdb] [saucenao] [google]
28252603

- Land can be rented. It's also very limited and one day it's going to be nearly impossible to buy

- Items and land are collectible NFTS, aka fancy crypro. They can be displayed in the virtual world, like a virtual coin collection you can interact with.

- They'll be in your wallet forever even if the game shut down. Art collectors will always be interested in buying certain assets, notably the ones that are limited edition.

- The game hasn't officially launched or gone mainstream yet, meaning everything is still extremely cheaper than it will be

Come on, OP. Let's get rich and make a larpy little community together.

>> No.28252701

You are a trust fund kid who already has a good amount of money. You shouldn't be going for high risk meme stocks and shitcoins. You are better off buying boomer stocks and crypto that will get you money in years instead of overnight

>> No.28252728

>>28252113
Rape my ass and call me Shirley, I posted the wrong link.
https://www.sandbox.game/en/

>> No.28252738

>>28232280
Stop saying shit like
>I feel
>I need
>I plan on
Those are very beta ways to start a sentence. That's your lesson for today.

>> No.28252804
File: 1 KB, 622x624, 57090955.png [View same] [iqdb] [saucenao] [google]
28252804

>>28232280
take a fucking trading course you retard, holy shit. you have the fucking capital, but choose to have literally no original ideas or decent strategies.
fucking hell, the amount of people on this board that could have made it within a year of being given only 20k to invest/trade, while you get 60k per year and still suck shit.
jesus fuck, how can you be so dumb while your parents, grandparents or some other person in your ancestory must've been smart enough to know how to make money?
you live a life with no hardships and no real motivation and lack the hunger to truly be successful. I pity your parents for having such a monetary waste of an offspring.

>> No.28253051

Just buy Link

>> No.28253105

.

>> No.28253176

>>28233346
You have no perception of your competition or your intelligence in relation to others. Some of the smartest people I have ever met are quant/ mathematical finance guys. They're crazy. If you really think that you are that smart you are ignorant. A personal anecdote: I have an IQ of ~140 (depends on test but that is not relevant). I have the insight to realize that while these kind of brains certainly make me a statistical anomaly, they do not put me anywhere even close to the top. By what you have already posted, you sound like a midwit. Here is the advice that I give to midwits: buy bitcoin and never sell it.

>> No.28253445

>>28233346
Did you buy GME while it was peaking? Don't jump on a bandwagon after it's already left the gate.

>> No.28253918

>>28239894
>Grades in the zog bot factory matter
>Im in medical school so i am a genius, dummy
>I cant generate gains in an economy where the government is handing out xxxx$ checks and making tools to buy corp junk bonds.
Bruv, your a moron, anyone can make profit in literally any sector.

>> No.28254103
File: 1.39 MB, 1200x675, Untitled.png [View same] [iqdb] [saucenao] [google]
28254103

Get in here if you're interested in SAND and The Sandbox: https://discord dot gg/KsP7K3MKvz

I just started getting into NFTs and it would be cool to have more 4chan autists to play with. It's kind of like minecraft + roblox but with the opportunity to truly own things and turn a real profit.

Most people currently involved are richfag investors, so it's also a decent place to be for social networking.

There's a livestream tomorrow, don't miss it if you want free NFTs to resell or collect:
https://twitter.com/TheSandboxGame/status/1359201277939511300

>> No.28254205

Go fuck yourself faggot lmao is my advice

>> No.28254736

i saw your thread last time. i see you're still up to shitting on anyone giving you advice with "muh superior family"
i literally started a profitable business with 1/5th of your monthly allowance at 18 while working night shift and moved into trading shitcoins after a while
you're fucking nothing kid, fix your attitude. no one's going to give you advice if you keep shitting on people that were born poor. the only thing that separates the majority of us from you is that we admit we at one point know nothing and learn. you just go
>m-muh familia!
and let it ride
you suck dick at making money and cry about it anonymously
just put 90% in a fucking index fund you retard you wont have to work a day again

>> No.28255133

>>28243830
First off, I think that this is a larp, but considering how many posts you have made I am starting to doubt that. This is 100% advice and I mean this in the most literal and unironic sense possible. Please for the love of god realize that you are a midwit. If you keep acting like this then you will not only alienate yourself from normal people, but also high IQ people such as myself. If you are real, I hate you with all of my guts and hope that you have a brain aneurism.

>> No.28255542

>>28238764
>aking it only to sire a fuck up coddled trust fund kid for a son. You can only hope your kid learns from repeatedly fucking up like OP, but there are no guarantees. OP seems a special kind of retarded, taking huge risks without ever learning from the mistakes, over and over again.
if or when you make it, give your kid an allowance that scales up with their age to a maximum of minimum wage earned via chores (regardless of how rich you become and if you have hired help) and from an early age teach them about how to properly invest (time frame of 6 months - 10 years) and trade short term (time frame of 1 minute to 6 months). Hire ex-hedgefund traders/investors to tutor your kid to guarantee they'll get diverse, but good info.
Hey presto! you're child could go bankrupt at 25 and still build themselves back up to "make it" status.

>> No.28255783

>>28232610
Zec and litecoin

>> No.28256476
File: 5 KB, 245x250, how did u kno im CIA.jpg [View same] [iqdb] [saucenao] [google]
28256476

>>28232280
>>28251903
Unironically this

I'm also a trust fund kiddie and had to take a shit ton of time to learn and prove I could manage money well in order to start making (inheriting) more kek

>> No.28256513

>>28233184
This. Being successful at short term trading requires an insane amount of knowledge and effort, >10% of those who do it are successful. However it’s far less effort and *far more lucrative* to do value investing. Buy a set of high-performing stocks with solid growth prospects (I’m into small to mid-cap tech stocks but do your research) and hold them for multiple years. Learn from your damn mistakes and when you understand the fundamentals/start having some success move to LEAPs.

>> No.28256556

>>28234380
>an era where there are no jobs
jesus, either you're retarded or so incredibly privileged that you are completely blind to the real world. there are millions of jobs available. fucking go on craigslist and find something for $10 an hour. A few hundred a month is more than enough to invest and then you can live off the 5 grand you are handed.
its a bull market rn bro, even my dumb ass turned 3k to 6k. being given 5k a month puts you ahead of like 80% of people in the country.