[surgical_fire]

I agree.

As for the GME thing, the only reason why I sort give it a pass is because it was sort of an unprecedented thing. I am not sure if regulations have been updated to address a future similar incident.

At least it resulted in the "This Is Financial Advice" video from Folding Ideas.

Fascinating watch after following the event back in the day - and losing €1500 because I didn't reach my goal of earning €500 to buy a PS5 with the profit. If shit went up for just one more day I would have reached my goal.

Was a lesson to never try timing anything.

[IT4MD]

I happened to "find" an very old IRA I had from a prior employer that had about $1200 sitting in it. I threw it all into GME. I pulled $500 in profits, and left the initial investment to ride.

Today, I'm down about $300 on those shares (taken with the $500 in gains, I'm technically still up by $200), and that's fine. I believe in the leadership, I like the company's current state (flush with cash, little/no debt) and I'm just going to keep letting it ride.

When I retire in 10 years or so, we'll see where it's at. Worst case, I'm out $700 bucks. Best case, I get that new riding lawnmower, for free!

Otherwise, it's Index funds, have a nice day, because none of us can compete with Wall Street.