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gueybana [any]@hexbear.net to chapotraphouse@hexbear.netEnglish ·
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10 months ago

Just saw a reddit post in which some trust fund kid took his 700k inheritence from grandma and invested it all in Intel lmao

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Just saw a reddit post in which some trust fund kid took his 700k inheritence from grandma and invested it all in Intel lmao

gueybana [any]@hexbear.net to chapotraphouse@hexbear.netEnglish ·
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10 months ago
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He’s down 200k in A day.

I get the US government will forever prop up this shitass boomer company but what kind of capitalist true believer do you have to be to believe in Intel?

WARNING (Wall Street Chuddery) https://old.reddit.com/r/wallstreetbets/comments/1eiktnw/ok_i_definitely_picked_the_wrong_day_to_buy_intel/

  • GrouchyGrouse [he/him]@hexbear.net
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    10 months ago

    More like bust fund

    What a fucking moron. That’s “I can buy land” money. You know. The thing that actually almost always has value.

    • hexaflexagonbear [he/him]@hexbear.net
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      10 months ago

      Or if you want stocks just go for an index fund? Diversify a tiny bit? But yeah, I’d just buy a home…

      • InevitableSwing [none/use name]@hexbear.net
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        10 months ago

        That reminds me of “Mr. Deals”…

        It’s Official: Trump Would Be Richer If He Had Just Invested His Inheritance Into The S&P 500

        As of today, Trump would be an estimated $400 million richer if he had just put his father’s money in the index.

        And - of course - that would have meant effectively zero effort for Trump. No building his brand. No failed casinos. No failed airlines. No failed universities. No failed whatever else I’m forgetting.

        • combat_brandonism [they/them]@hexbear.net
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          10 months ago

          Direct to consumer steaks

      • GrouchyGrouse [he/him]@hexbear.net
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        10 months ago

        Oh yeah you could buy a nice home outright, invest the rest in mutual funds, IRAs, and keep an emergency fund. Then work whatever job you want to maintain a comfortable lifestyle.

    • Dingus_Khan [he/him, they/them]@hexbear.net
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      10 months ago

      That’s “I can buy land” money. You know. The thing that actually almost always has value.

      This dipshit would probably just buy beachfront in Florida I bet

      • Redderthanmisty@lemmygrad.ml
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        10 months ago

        And watch it sink away too

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