Reply
  • Jul 14, 2021
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    1 reply
    Bo Ceephus

    I understand. This could take a minute so I wouldn't buy anymore for right now in your position

    Alot of people are doing that. And I know they'll be rewarded but I don't want anyone to put themselves in financial trouble over this because Noone knows how long it'll take.

    I put most of my savings in as well

    Yeah def not gonna overextend at this point

    Unless I get more hours at work and some throwaway money that is

  • Jul 14, 2021
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    1 reply
    Bill Ackman

    Alright man

    I'm gonna tag you when it blows up buddy. I understand your mentality. If this was a normal stock I'd agree with you 100%. But it's not and I'm gonna keep betting on it.

  • Jul 14, 2021
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    1 reply
    Bo Ceephus

    I'm gonna tag you when it blows up buddy. I understand your mentality. If this was a normal stock I'd agree with you 100%. But it's not and I'm gonna keep betting on it.

    Ur right it’s not a normal stock it’s a company who doesn’t have a legitimate business model for a modern society but GL. I hope it does blow up I sincerely mean it lol

  • Jul 14, 2021
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    1 reply
    papawheely

    Yeah def not gonna overextend at this point

    Unless I get more hours at work and some throwaway money that is

    I'd just save up for now and get your feet under you. This s*** might be on sale for a minute so I think you'll have more chances to buy at a good price.

  • Jul 14, 2021
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    1 reply

    U should hedge ur position and buy some puts lol

  • Jul 14, 2021
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    1 reply
    Bo Ceephus

    I'd just save up for now and get your feet under you. This s*** might be on sale for a minute so I think you'll have more chances to buy at a good price.

    Lol you’re a genuine guy for that advice I legitimately appreciate that bud ❤️

  • Jul 14, 2021
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    1 reply
    Bill Ackman

    Ur right it’s not a normal stock it’s a company who doesn’t have a legitimate business model for a modern society but GL. I hope it does blow up I sincerely mean it lol

    If anything I am in gme as well and they're looking good with no long term debt and restructuring to a better more modern model.

    Amc I am in for the squeeze. But it does help that they're making alot more.mpney with theaters opening and they just sold out every theater when they were showing the mcgregor fight. They're making better moves and getting better as a company tbf.

    We'll just have to see. If you're right I'll admit it. But as naive as it sounds I do believe in the little guy winning this one.

  • Jul 14, 2021
    Bill Ackman

    U should hedge ur position and buy some puts lol

  • Jul 14, 2021
    ·
    1 reply

    You didn’t sell?

  • Jul 14, 2021
    papawheely

    Lol you’re a genuine guy for that advice I legitimately appreciate that bud ❤️

    No problem man. I understand how it is fam. Good Luck to ya and hold on as long as you can

  • Jul 14, 2021
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    2 replies
    Bo Ceephus

    If anything I am in gme as well and they're looking good with no long term debt and restructuring to a better more modern model.

    Amc I am in for the squeeze. But it does help that they're making alot more.mpney with theaters opening and they just sold out every theater when they were showing the mcgregor fight. They're making better moves and getting better as a company tbf.

    We'll just have to see. If you're right I'll admit it. But as naive as it sounds I do believe in the little guy winning this one.

    If you wanna have some long term stability and safety then throw some money in MFEGX I’ve been holding it since 2003 and it has returned +700%

  • Jul 14, 2021
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    1 reply
    Bill Ackman

    If you wanna have some long term stability and safety then throw some money in MFEGX I’ve been holding it since 2003 and it has returned +700%

    You a whole fossil huh

  • Jul 14, 2021
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    1 reply
    papawheely

    You a whole fossil huh

    My grandpa bought me like $1,000 of it right before he passed away lol

    I’m only 24 but I’ve been adding to it gradually

  • Jul 14, 2021
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    1 reply
    Bill Ackman

    If you wanna have some long term stability and safety then throw some money in MFEGX I’ve been holding it since 2003 and it has returned +700%

    If anything this fiasco showed how rigged the market is. I don't trust much with the impending market crash. But I do appreciate the advice

  • Jul 14, 2021
    Bill Ackman

    My grandpa bought me like $1,000 of it right before he passed away lol

    I’m only 24 but I’ve been adding to it gradually

    God damn it lmao I wanted my joke to land

    Good looks to your gramps for getting you started tho that’s the type of s*** I wanna do for my grandkids 👍

  • Jul 14, 2021
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    3 replies

    Op down bad rn

    Hopefully you’ll shoot for the moon eventually

  • Jul 14, 2021
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    1 reply
    Bo Ceephus

    If anything this fiasco showed how rigged the market is. I don't trust much with the impending market crash. But I do appreciate the advice

    You cannot time the market and the market “crashing” really is only a temporary pricing correction. You literally cannot go wrong with investing in a well diversified mutual fund or one of the indexes. Unless you’re like 55 years old, worrying about market fluctuation is ridiculous

  • Jul 14, 2021
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    2 replies
    Wisdom

    You didn’t sell?

    Nope. I took profits at 70 but I kept quite a bit in there for the squeeze. I didn't invest for a 400% or even 700% gain which I had.

    I'm here for everything. Life changing money.

    I'm buying more on payday.

  • Jul 14, 2021
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    2 replies

    If you want life changing money max out a Roth IRA every year with index funds and hold a regular IRA with whatever xtra you can contribute

    You are almost essentially guaranteed to end up a multi millionaire

  • Jul 14, 2021
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    1 reply
    Bill Ackman

    You cannot time the market and the market “crashing” really is only a temporary pricing correction. You literally cannot go wrong with investing in a well diversified mutual fund or one of the indexes. Unless you’re like 55 years old, worrying about market fluctuation is ridiculous

    You might have a point there. More people lose money anticipating a crash than when it happens.

  • Jul 14, 2021
    GhostDeini718

    Op down bad rn

    Hopefully you’ll shoot for the moon eventually

    Buying more man. I'm not worried

  • Jul 14, 2021
    Bo Ceephus

    You might have a point there. More people lose money anticipating a crash than when it happens.

    Playing these risky meme stocks is fine as long as u have a good chunk of change invested in something safe that’ll return 8-14% annually

  • Jul 14, 2021
    GhostDeini718

    Op down bad rn

    Hopefully you’ll shoot for the moon eventually

    this is the time to enter for everyone that missed out before. Filling my bags rn

  • Jul 14, 2021
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    1 reply
    Bill Ackman

    If you want life changing money max out a Roth IRA every year with index funds and hold a regular IRA with whatever xtra you can contribute

    You are almost essentially guaranteed to end up a multi millionaire

    I'll definitely think about doing that after this plays out

  • Jul 14, 2021
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    1 reply
    Bo Ceephus

    I think you'll be okay fam. I hope you will. Hopefully they don't pull any f***ery after getting alot of hot water from theast ti.e they did s***

    Maybe try a schwab account? Something that doesn't have citadel involved in their payment for order flow

    I’ll check it out I’m praying man I just want to win for a change

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