Whatever I invest eventually tanks

Amazon
hologramxx

Go to company page Amazon

hologramxx
Dec 9, 2021 50 Comments

Invested in stock market . All the stock fell 30-50% even quality stocks.

Decided will not invest in stock market. So invested 4K in crypto like BTC and cardano

Now crypto is falling. Why can’t I swing successfully 🤣

Time to invest in google so that my bad luck comes to google stock too 🤣

My plan is to next curse these stocks:
- Google
- Tesla
- Nvidia


My core investments:

Wish
Twitter
Palantir
Facebook

Crypto
BTC
Cardano
Graph (GRT)

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TOP 50 Comments
  • GE
    n64gtfo

    Go to company page GE

    n64gtfo
    Just put it in an index and stop gambling.

    Just because your gambles didn’t pay off doesn’t mean you should avoid the market.
    Dec 9, 2021 11
  • New
    hugh jarse

    New

    hugh jarse
    dude let us know your stock picks in advance
    Dec 9, 2021 4
  • Your investment horizon should be 5 years minimum! Don’t try to time the market!
    Dec 9, 2021 3
  • Google
    VomJ66

    Go to company page Google

    VomJ66
    I once watched a presentation on why you should choose index funds vs individual stocks and then I understood why this happens to me. It is nothing about luck.

    Basically the majority of stocks fail and tank while some stocks rocket, but overall the market generally goes up. The mathematical probability of randomly selecting ~10 great picks is close to 0%. That’s why you invest in index funds.

    Another datapoint is the “next 100x stock” thread where Blinders posted their top stock picks. The average return of these was -1% while SPX was up ~25% in the same time period.

    So if we collectively can’t beat SPX then why do you think you can? Even most hedge fund managers who work full time on this with 10s of researchers and financial advisors usually can’t beat the market (see Cathy Wood ARKx in the past year). If all of these can’t and you still think you can somehow beat them then you are either an idiot or have some extraordinary superpowers
    Dec 9, 2021 1
    • PayPal
      rnUk50

      Go to company page PayPal

      rnUk50
      Yep, selecting stocks in an objective/quantitative way that will consistently outperform the market is insanely difficult. For most amateurs picking stocks because "it's the next big thing!" or "I saw some good news about x!" is not consistent/reliable and is likely already priced in since wall street analysts are looking at the same data/news but they're faster and better at using that info.
      Dec 9, 2021
  • Amazon
    hologramxx

    Go to company page Amazon

    hologramxx
    OP
    Dating is breeze if you are filthy rich 🤑

    I have rented lambo and picked up smoking hot girls in the club 😜
    Dec 9, 2021 4