Economy stonks v12, gamestonk?

[Revolver]

I have $750 to invest, you think it’s worth it or should I invest in something else?

$400 zoom calls for tomorrow. Go big or go home.

 

[Wadtucket]

Been crazy. I like how in 2019, people were saying choosing good stocks was a cakewalk. Then in 2020, it was even easier. It’s out of control. Lol

It's sour grape gay boomers being mad about yolo autists making 10x the returns they are making because they stopped caring about le epic traditional investing

 

[PaleMoonlight]

I’m buying $750 worth of GME. Reddit is saying it’ll go up to at least double, $80 by next week. We’ll see if it’s true. One guy invested $100k and now it’s worth $7 million. Good times.

If I lose money, oh well.

 

[PaleMoonlight]

It's sour grape gay boomers being mad about yolo autists making 10x the returns they are making because they stopped caring about le epic traditional investing

Boomers should ride the wave. I was hesitant at first but I couldn’t fight it any longer.

 

[brackis1]

$400 zoom calls for tomorrow. Go big or go home.

The only $400 zoom calls I have involve OnlyFans


(jokes)

 

[BIKES!]

I’m buying $750 worth of GME. Reddit is saying it’ll go up to at least double, $80 by next week. We’ll see if it’s true. One guy invested $100k and now it’s worth $7 million. Good times.

If I lose money, oh well.

 

[Hadron90]

I'm not gonna hate on anyone raking in those sweet tendies, but other than just continuing to squeeze shorts, why would anyone be long on Gamestop? It isn't like they are some high growth company and are going to be pulling in huge profits in 3 years.

 

[Hadron90]

GME shorts will continue to get wrecked tomorrow. Still holding shares here. May buy more at the open again..Convinced this shit is far from over and may get sent out of orbit.

I am very worried about my CCIV holdings. 500 shares. No news or new whispers is making me really nervous.

CCIV will eventually take something good public though. You may have to bag hold another 6 months, but eventually they will pay out.

 

[Hadron90]

Been crazy. I like how in 2019, people were saying choosing good stocks was a cakewalk. Then in 2020, it was even easier. It’s out of control. Lol

That's hyperinflation. It isn't that we all somehow suddenly became master traders. Its just the fed is making it rain so much money everywhere that all you need to do is stick your tongue out and you'll get a mouth full of cash.

 

[44nutman]

I'm not gonna hate on anyone raking in those sweet tendies, but other than just continuing to squeeze shorts, why would anyone be long on Gamestop? It isn't like they are some high growth company and are going to be pulling in huge profits in 3 years.

Lol, you are acting like fundamentals matter in this market.
I have been investing for a long time and it’s fucking crazy out there.

 

[Soul_of_Rage]

Anyone getting into HCICU?

 

[brackis1]

That's hyperinflation. It isn't that we all somehow suddenly became master traders. Its just the fed is making it rain so much money everywhere that all you need to do is stick your tongue out and you'll get a mouth full of cash.

Lol, you are acting like fundamentals matter in this market.
I have been investing for a long time and it’s fucking crazy out there.

There's something to be said about pocket-euphoria though.
Total market indexes are up like 3% in a month which isn't toooooo crazy.

 

[Bathwater]

CCIV will eventually take something good public though. You may have to bag hold another 6 months, but eventually they will pay out.

I dunno man, they were in talks with Directv earlier. In regards to growth potential it's not even on the same level as Lucid.

 

[BIKES!]

That's hyperinflation. It isn't that we all somehow suddenly became master traders. Its just the fed is making it rain so much money everywhere that all you need to do is stick your tongue out and you'll get a mouth full of cash.

Every old timer I consulted with and applying every principle of economics I pulled out my 401K in May and moved to low risk Treasury Bills.

My old funds were tech centric and are only up 35% since then. It only cost me 7-10 years of retirement and 7 figures.

But... listening to the wise words of @rob mafia stonks aren’t the economy I’ve been getting active with my play money and made an absolute shit ton on that front. Too bad it ain’t close to what I lost with my retirement.

The point, the stock market is crazy as fuck and over valued however, that was true in June, July, August, Sep, Oct, Dec and also last Dec.

Stonks only go up and have nothing to do with the economy.

 

[Hadron90]

Every old timer I consulted with and applying every principle of economics I pulled out my 401K in May and moved to low risk Treasury Bills.

My old funds were tech centric and are only up 35% since then. It only cost me 7-10 years of retirement and 7 figures.

But... listening to the wise words of @rob mafia stonks aren’t the economy I’ve been getting active with my play money and made an absolute shit ton on that front. Too bad it ain’t close to what I lost with my retirement.

The point, the stock market is crazy as fuck and over valued however, that was true in June, July, August, Sep, Oct, Dec and also last Dec.

Stonks only go up and have nothing to do with the economy.

I've only been in the work force two years, but returns for 2019 were 45% and 2020 were 37%. That's only a few thousand because I haven't built up any significant savings yet. Its entirely just been following whatever meme stocks WSB is pushing, and dumping them when no one is talking about them anymore.

 

[G-19]

It's sour grape gay boomers being mad about yolo autists making 10x the returns they are making because they stopped caring about le epic traditional investing

This is exactly what’s going on. That is a go broke strategy if it’s used long term but I can not argue against some of these insane gains. I can tell you $100k gain would be $50k going to savings, $10k towards REIT dividend stocks, $10k towards blue chip dividend stocks, $10k towards growth stocks, and $20k even distributed over ETFs. I’d happily leave this day trader shit in a second for thousands in dividends and growth each year.

 

[G-19]

I'm not gonna hate on anyone raking in those sweet tendies, but other than just continuing to squeeze shorts, why would anyone be long on Gamestop? It isn't like they are some high growth company and are going to be pulling in huge profits in 3 years.

People are in the go big or go broke mindset right now. Market fundamentals and technicals be damned.

 

[Pride23]

Every old timer I consulted with and applying every principle of economics I pulled out my 401K in May and moved to low risk Treasury Bills.

My old funds were tech centric and are only up 35% since then. It only cost me 7-10 years of retirement and 7 figures.

But... listening to the wise words of @rob mafia stonks aren’t the economy I’ve been getting active with my play money and made an absolute shit ton on that front. Too bad it ain’t close to what I lost with my retirement.

The point, the stock market is crazy as fuck and over valued however, that was true in June, July, August, Sep, Oct, Dec and also last Dec.

Stonks only go up and have nothing to do with the economy.

There are companies that are overvalued and companies that are undervalued. If you can discern which are undervalued and growing you will make alot of money. Time in the market has always been better than timing the market for the average person.

 

[Pride23]

That's hyperinflation. It isn't that we all somehow suddenly became master traders. Its just the fed is making it rain so much money everywhere that all you need to do is stick your tongue out and you'll get a mouth full of cash.

It's not hyperinflation. There is too high demand for dollars. People are chasing yield in this low interest environment and you have a much lower barrier to investing than in years past.

 

[Wadtucket]

you have a much lower barrier to investing than in years past.

This, and the present and future world looks bleaker than in a long time which makes retail investors take a lot more risk. The only way to make life changing money is to YOLO and get lucky, double bagger annual returns just don't matter