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Talking stocks, trading, and investing in general

Texasmade

Stylish Dinosaur
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Just having some fun now that I'm retired.
Unemployed changed to retirement in just a few months.
 

Piobaire

Not left of center?
Joined
Dec 5, 2006
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A fool and his money are lucky enough to get together in the first place, and we joke about this all the time here, but this post actually makes me sad. Sometimes the "democratization" of things comes with a real cost and it tends to get paid by those who cannot afford it.

1614032036440.png
 

venividivicibj

Stylish Dinosaur
Joined
Apr 9, 2013
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22,974
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A fool and his money are lucky enough to get together in the first place, and we joke about this all the time here, but this post actually makes me sad. Sometimes the "democratization" of things comes with a real cost and it tends to get paid by those who cannot afford it.

View attachment 1560528
He's complaining about getting 4% in a cash acount? Bruh
 

Piobaire

Not left of center?
Joined
Dec 5, 2006
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Right? And even if that claim is true, which I just can't see that and he must be mistaken in some manner, he thinks waiving the 4% to sink it into more GME is "putting it to work." The level of financial illiteracy and how much he's internalized all this "to the moon stonks" **** we laugh about just makes me sad.
 

venividivicibj

Stylish Dinosaur
Joined
Apr 9, 2013
Messages
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Right? And even if that claim is true, which I just can't see that and he must be mistaken in some manner, he thinks waiving the 4% to sink it into more GME is "putting it to work." The level of financial illiteracy and how much he's internalized all this "to the moon stonks" **** we laugh about just makes me sad.
It must be 0.4%, not 4%. Otherwise, tell me where to put my money!
 

RedLantern

Distinguished Member
Joined
Apr 6, 2008
Messages
5,176
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3,919
I'm concerned that his best case scenario/exit strategy is to more than double his investment in order to sell his 82 shares @70 in order to make a $120 profit? bruh.
 

lawyerdad

Lying Dog-faced Pony Soldier
Joined
Mar 10, 2006
Messages
27,006
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17,145
A fool and his money are lucky enough to get together in the first place, and we joke about this all the time here, but this post actually makes me sad. Sometimes the "democratization" of things comes with a real cost and it tends to get paid by those who cannot afford it.

View attachment 1560528
It’s OK, idfnl can afford it cuz bitcoin.
 

Piobaire

Not left of center?
Joined
Dec 5, 2006
Messages
81,937
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63,601

Omega Male

Stylish Dinosaur
Supporting Member
Joined
May 30, 2013
Messages
17,024
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39,037
Just make sure to sprinkle some leverage on top.
 

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