Like 95% of my investing money ends up going to fairly-low-risk ETFs like VOO or VTI, not too different than from an index fund.
Still, that last five percent is more or less my gambling money. I put it into individual stocks with the hope they get huge. Sometimes it works out well, like when I bought $700 of Nvidia in 2022. Sometimes it goes badly, like when I bought a bunch of Sears stock with the hope they'd bounce back.
I think I'm still technically "up" with my gambling money, though it's in the budget of "stuff I'd be ok going to zero".
Well, if it comes out of your gambling budget and you treat it as entertainment, then there's nothing wrong with that. At least the expected average payout is way better most other forms of gambling.
Still, that last five percent is more or less my gambling money. I put it into individual stocks with the hope they get huge. Sometimes it works out well, like when I bought $700 of Nvidia in 2022. Sometimes it goes badly, like when I bought a bunch of Sears stock with the hope they'd bounce back.
I think I'm still technically "up" with my gambling money, though it's in the budget of "stuff I'd be ok going to zero".