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PaperclipPerfector  2mo ago (text post)   2638 thread views

Friday Fun Thread for February 21, 2025

Be advised: this thread is not for serious in-depth discussion of weighty topics (we have a link for that), this thread is not for anything Culture War related. This thread is for Fun. You got jokes? Share 'em. You got silly questions? Ask 'em.

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For the first time in my life, I am investing money from a trust fund given to me by my parents. I am well aware of all the pitfalls and common advice, but there are some lessons I think I can only learn through experience. The temptation to believe I can beat the market is strong. So, after allocating most of my unearned wealth sensibly, I am gambling the rest(stock picking).

How much money is worth learning the lesson? I already feel pretty uneasy about what I've done. The real danger is that I might make it big and become addicted. Otherwise, it's a win-win situation, right?

Or is this just rationalization? I really didn't feel anything until I spent $1,000 on leveraged trades, so I thought I needed to push myself to get the emotional reaction I wanted from a loss or extreme volatility.

I generally outperform the market by guessing demand trends ~6 mo out. I made good money off of LNG infrastructure companies(a separate thing from energy stocks) after the ukraine invasion, for example. If you're not good at this, I'm sorry, I don't have an algorithm, stick to index funds.

Oh, when a democrat gets elected, buy silver. Sell it before a republican gets elected.

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