>invest in traditional finance stocks they're safe

[Anonymous No.54253091]

My father who is a 40 year financial advisor told me to put 50k into first republic bank rather than crypto where I wanted on March 1st since he said it is safer and regulated. My buy in was $120. Go check the share price now. This was two years of saving half my income.

[Anonymous No.54253127]

When people say “invest in safe traditional stocks” they mean index funds and hedges and shit.
Dumping your money into some single hand-picked stock is never safe.

[Anonymous No.54253181]

>>54253127
>hand picked stock
Eh, as long as you research it as much as you would a new car or house you'll most probably be find.

What kind of house would First Republic be.

[Anonymous No.54253241]

>>54253181
>as long as you research it as much as you would a new car or house you'll most probably be find.
Yeah until you aren’t. It’s hard enough to predict the market, predicting a single stock without what amounts to insider information is inherently risky. Even with super safe giants that actually play dividends you have lopsided risks due to comparatively low growth potential.

[Anonymous No.54253247]

>>54253091
>Financial advisor tells son to put his nestegg into a single common stock
Larp/10

[Anonymous No.54253337]

>>54253091
You learned a valuable lesson kid. Listen to yourself. This is worth way more than 50K

[Anonymous No.54253920]

>>54253091
You put too much at stake, and for what? Read books.