Recent comments in /f/wallstreetbets

VisualMod t1_j6o6hbj wrote

Reply to Ken Griffin's Citadel raked in $16 billion in 2022, marking the best year for any hedge fund - What are some of his short positions? by Dazzling-Cicada-2172

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pingforhelp t1_j6o6ga5 wrote

Reply to comment by Federal-Artichoke-73 in The possible has happened to Impossible burger - Laying off 20% staff by greenskew

No lol this only holds true if an already existing animal meat consumer switches to impossible

If a fresh vegan who is not already a bk customer goes and gets an impossible whopper than it doesn't change their demand of animal meat at all and no less animals are slaughtered.

A fresh vegan should avoid bk at all costs because the only way to reduce the number of animals slaughtered is if the business disappears and by giving them any money at all you are preventing that

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VisualMod t1_j6o634b wrote

Reply to An insider preview of the current FOMC meeting by Always_Late_Lately

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VisualMod t1_j6o5wh2 wrote

Reply to I’m curious as to why no one has bought it on bed bath and beyond by Educational-Rip1920

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gaurav0792 t1_j6o599g wrote

Reply to What can you someone do with $30 by Nuclearchurch

Alright, let's get some things out of the way, $30 is not a lot.

You can invest that $30, or yolo it on options. In either case, you are unlikely to make a lot of money, and it's probably not worth your time. So, save up , get a few grand and start investing in your 401k plan or a nice safe ETF. Do not come back to this sub. In the long run, you will forget about wsb, look back at what could've been , but you WILL be financially better off.

However, should you decide to not need my 'not financial advice', start by learning the basics.
There are plenty of youtube channels, books and articles that will explain the basics.
Lookup a youtube channel like Kamikaze cash. It's more than decent.

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Simple_Carpet_49 t1_j6o5667 wrote

Reply to What can you someone do with $30 by Nuclearchurch

This is pretty much exactly what I'm doing right now. I have $40 in a wealthsimple account that I decided to fuck around with to get to learn some basics before I decide If it's something I want to do more of. I' m in Canada, dunno if that makes a difference or not.

I think the first thing I learned was that WSB is full of fucken morons, r/investing is I think the smarter place to go for just learning. I find it boring as hell though, so I like to come here and try to discern patterns from the shit stains left on the walls after these monkeys are done flinging it around.

I bought a piece of a LCID share and a bit of TQQQ cause I think they're safe. I'm brand new at this too though, so I don't know. After that I bought a bunch of penny stocks just to have a lot of moving parts in my 'portfolio' and so I can see what the mechanics of buying and selling them day to day are like.

​

At the end of the day, it's just another form of gambling. Are you any good at sports betting? Use those skills. Also, it's $30 go nuts.

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