r/wallstreetbets Feb 23 '21

Walking into the stock market today Meme

67k Upvotes

View all comments

1k

u/kaibasean Feb 23 '21

everyone in here like "I LOVE SALES"

What the fuck how, I'm already 100% invested, the fuck ya'll doing with money just lying around

23

u/[deleted] Feb 23 '21

[deleted]

28

u/kaibasean Feb 23 '21

What if you buy when you think it's the fire sale. Then it drops another 40%

34

u/[deleted] Feb 23 '21

[deleted]

4

u/kaibasean Feb 23 '21

If I lost it all in a crash, at this point in my life I would secure that as an effective universe telling me NO

I started investing, 2 months ago. Went great, obviously, markets been awesome. Till well... I got into Weed and that went astronomical then fell, now this.

Learning each day!

6

u/Astralahara Feb 23 '21

Put a little bit of what you invest into safe index funds. Yolos are great and all (they're not, they're really not) but put SOMETHING into indices.

And remember investing your money and losing 70% of it is still better than spending it.

6

u/Illadelphian Feb 23 '21

And remember investing your money and losing 70% of it is still better than spending it.

So I could spend all of my money on vacations for my family and nice things or I could yolo it and lose 70%. Still better than spending though!

2

u/probly_right Feb 23 '21

And remember investing your money and losing 70% of it is still better than spending it.

*Once your fed and can keep your ass warm

1

u/Astralahara Feb 23 '21

Well yes, of course.

0

u/probly_right Feb 23 '21

Well yes, of course.

You say that like it's understood by all... seems to me there are far too many people "investing" like they still live at home with mom.

3

u/Astralahara Feb 23 '21

If they don't understand it they'll die soon and then it will be understood by all.

→ More replies

1

u/mchnex Feb 24 '21

Still not selling amc

1

u/Judge_Bread_UK Feb 23 '21

Then you post it on here so we can jizz