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"If your net worth is less than 500k you need to put every dollar you have into investments. What assets depends on your strategy and risk tolerance. The stock market has dropped significantly over the last couple months and it’s not a bad time to buy certain stocks that are trading at historically low P/E’s.
People are going to tell you pay off debt but you will just acquire more debt if you have bad spending habits.
People will tell you to save money but you will spend it if you have spending habits.
20k is a lot to some and nothing to some. If you think 20k is a lot now, wait until you invest every dollar you have for 5-7 years. Your perspective on money will grow as your portfolio does."
This financial advice posted on Reddit 5 days ago. Looking at the state of the market, as well as looking toward the future, do you agree or disagree with this "person"?
I got Covid... Have a fever and chills but I've always enjoyed being sick so idc. It makes me feel very calm and relaxed. Slows down my ADD addled brain.
Depends on what time frames you operate on when it comes to your capital. It isn't like we will never see all time highs ever again. The question of when though is the iffy part.
He isn't wrong about your perspective changing when your account grows. 6 figs feels no different than 5 figs. You still haven't made it.
Alexander King
I'm not sure holding my SQQQ overnight was a smart move.
So if car makers really do start following Tesla's example and make all their "bonus" features a subscription service - are we going to start seeing cracks for cars? Who the fuck is going to spend an extra $900/mo every month they own a car to get full access to features that the car ALREADY has installed??
Oh good, means even more monke cases and bigger SIGA bags.
What fucking idiots.
Bentley Diaz
>tried catching the falling knife that is SOXL >got into oil early but didn't sell when it was $120
Andrew Howard
Are the SOXL shill Pajeet scammer jannies like the crypto schizo posters? I can't tell where to rate the SOXL garbage. Are they crypto/GME tier schizo?
Ayden White
Best ROI trades, depending on timeframe, are: SIGA SQQQ NRGU UUP
Seriously the most relaxed Ive been in four years is when I had covid
Brayden Nelson
Muh debt. Just let it run off. Its not a big deal. Its just payments to america anyway.
Jonathan Jones
Used car index go brrrrrrrrrrr
Chase Green
Start mailing Social Security grandmas the equivalent treasury bond. >Here, find a buyer for this.
Caleb Lopez
I have 387 shares of SOXL at an average of 37.34. I will keep buying if it goes down. I will keep buying if it goes up. See you in ten years when all the money I've thrown into it has ballooned.
