>be me >21 >grad student >wanted to get into stonks because I know you're supposed to start investing early if you ever want to even dream of retiring nowadays >get trumpbux and some undergrad graduation gifts from parents and relatives >gives me the perfect excuse to invest some money >start a Robinhood account and shift about a third of my savings into it >inb4 babby's first broker >put most of it into a relatively broad spread of dividend aristocrats stocks, airlines, defense, and oil companies, some market ETFs, one long call on an oil company, and 60 bucks in bitcoin because fuck it >probably gonna cash out on the oil companies within six months >might sell the crypto too depending on what happens after the halvening >everything else I'm probably gonna bag hold for at least 3 years until I finish school >I'll sit on it and collect dividends and then cash out and use the money to move out of state >even if nothing moons I'll still probably have more money than if I just threw it in a bank and let it collect 2% interest for 3 years >provided of course the economy doesn't completely fucking collapse next week >if that does happen I have 15k rounds of ammo and a hoard of dried rice and beans so I'm set either way
What do you think, Zig Forums? Please feel free to tell me how retarded I am. Post your portfolio too and explain how you're smarter than me.
Why did you blow 1/3rd of your savings on overpriced stocks during the beginning of a global financial crisis?
Blake Davis
1. FOMO 2. Cheapies™ 3. Young, dumb, and full of cum 4. I'm a hopeful fool who actually has a crumb of faith that the system will bounce back after Corona-chan finally dies in the coming months
Evan Barnes
buy more bitcoin
Jack Foster
kek in 10 years those 60 bucks of btc will be worth more than your entire poorfolio
Gavin King
Are there actually signs it's going to bubble again or are you just memeing?
Jordan Sullivan
Your whole portfolio will do -70% in the coming months. Gn fomoing into stonks right before the Depression and missing the halving.
Christian Kelly
Mmm, I really just don't think so. I know this board embraces the "its happening!" mentality but I genuinely think things are going to bounce back mid summer. obviously not to what they were before corona, but back into a modest bullish market at the very least. You have to remember the depression was caused in part to due government apathy towards market trends and increasing economic isolationism. We don't really have that right now. I mean, look at the measures the government is taking right now. Trump, a Republican, the party of "fiscal conservatism" is literally handing out checks to people in order to prevent economic downturn. I just down think a depression will be allowed to happen. Trump would sooner go full commie and seize the means of production than let the economy collapse. His reelection depends on it.
Evan James
No one else wants to post, rate, and hate, huh?
Julian Jenkins
Kek, that delusion. Screencapped, you will be forever an example of the peak normie ignorance.
Isaac Wright
Very solid but sell the other non oil related stocks and reinvest into CPE/OAS/QEP (both will moon by next week).
Jaxson Sullivan
Also don't invest in individual airline stocks yet but target DFEN/TPOR first, much greater earning potential
Kayden Sullivan
Kek retard, what type of retarded 21 yo grad student are you? Sounds like you aren't even in grad school yet and also sounds like you're in some meme program that finishes in 3 years unless you're going to a Yuro school, which doesn't seem like it
So what are you studying retard?
Dylan Hill
How fucking stupid are you?
Obviously you did not went if for the gamble but to make some decent "risk free" interest. Buying individual stocks is just retarded in that case. Why not just get the S&P500 or the MSCI World? If you are in for the long term, stocks are really not that complicated.
It triggers me so hard when kids get free cash and don't even make their research on what to do with it.
Logan Turner
law
Jackson Barnes
OH NO NO NO
don't call yourself a grad student retard. Law isn't grad school.
Lucas James
Let me guess, you worked extra super duper hard on your masters thesis in ancient Sumerian dinnerware and want to feel extra super special when you tell people you have a post-grad degree, right?
Andrew Davis
>You have to remember the depression was caused in part to due government apathy towards market trends and increasing economic isolationism. We don't really have that right now.
This isn't true. This is the false Keynesian narrative. There is a reason why it was only Austrians who predicted the 2008 collapse. You are going to lose everything because you follow the mainstream economic model that infinite debt and zero-percent interest rates are sustainable.
There was a depression after the Spanish Flu, the little depression of 1920, but it came and went away so quickly that the government didn't have time to pass stimulus measures. It was the stimulus measures that hindered the economic recovery and _sustained_ the Great Depression. Look into this.
No, I go to med school fren. No need to be mean. Isn't a good look for a retard like your lawyer rat ass is.
Carter Gomez
this feels like ancap cope
Andrew Taylor
I mean, if we're going by Wikipedia's definition med school isn't grad school either en.wikipedia.org/wiki/Graduate_school > A distinction is typically made between graduate schools (where courses of study vary in the degree to which they provide training for a particular profession) and professional schools, which offer specialized advanced degrees in professional fields such as medicine, nursing, business, engineering, speech-language pathology, or law.
Luis Brooks
I never claimed I went to grad school retard. You did. Professional schools aren't grad schools.
You're legitimately retarded and obviously aren't going to a T14 law school, so you might as well be as worthless as a Sumerian scholar.
Blake Cook
Get your money out of the stock market and buy gold now, or buy the GDX and GDXJ gold-mining stocks. Otherwise you are going to lose everything. You've been warned. My responsibility is done.
Connor Morales
Okay, buddy. Have fun wiping asses and catching Corona.
Jonathan Walker
but gold is bearish right now
Christopher Perry
Speaking as a miserable rat ass law student at a not T14, a law degree can be useful but only if you get hired on at Biglaw or if you avoid the traditional practice of law entirely. If I had to work in a hospital every day I’d kill myself but bitches do love a doctor.
Evan Ortiz
I have no idea where you get this from. It just reached seven-year highs, and inflation hasn't even begun to set in yet, because people aren't spending the new currency into the economy. Even Bank of America is predicting $3000 gold. If you had bought the GDXJ at $22 you would have already doubled your money.
Jayden Richardson
> It just reached seven-year highs, why would I buy high?
Logan Wilson
I'll happily go do oil and gas law for some megacorp out West if it can get me out of this godforsaken hellhole that is the NYC metro area.
Jaxson Collins
I have the same thought as well, but considering how suppressed everything is, my fear is that they will never allow the price of gold to rise.
Evan Allen
Fren, you gotta get out of there. Man was not meant to live that way, flyover states are way more comfy than (((New York)))
Josiah Sanchez
I'm trying, tripsanon. Gotta get my JD first though.
Josiah Collins
Understand the fundamentals and you will perceive why. Listen to what Mike Maloney and Peter Schiff have to say. Hyperinflation is unstoppable now. As I've said, I've given you a fair warning, my responsibility to you is concluded. It isn't my duty to sell you gold.
We're already seeing negative interest-rates, and the amount of money-printing within the past month alone beggars the imagination. Mass unemployment. More of it yet to come. They can't stop gold now. The bubble is pricked, and the house of cards must collapse.
