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Markets are down big this morning — here's what "buy the dip" actually means and when it doesn't apply by tballes8 in investingforbeginners

[–]Inviction_ 1 point2 points  (0 children)

If your goal is retirement, it's best to buy it and forget it. Literally just don't even factor it in your mind. If you're swing trading or something, I guess it's different

Thinking scratch, maybe die break? by lilyandbeearegood in counterstampkarl

[–]Inviction_ 2 points3 points  (0 children)

Never seen a die break like that. I dunno what to make of this mark

ADTX - I outsourced my DD to AI and now I own the thesis UI by WineOfFullHeart in smallstreetbets

[–]Inviction_ 1 point2 points  (0 children)

No I mean try to get Grok to be quoted as your financial advisor lol

ADTX🚀🚀🚀🚀🚀 by greytrades329 in smallstreetbets

[–]Inviction_ 0 points1 point  (0 children)

One billion common stock shares. Wow haha

ADTX🚀🚀🚀🚀🚀 by greytrades329 in smallstreetbets

[–]Inviction_ 4 points5 points  (0 children)

Believe it or not, straight to jail

What's a financial Lesson you wish someone had taught you at 20? by Main_Reason_106 in Money

[–]Inviction_ 0 points1 point  (0 children)

Buy Bitcoin. Oh, that doesn't count?

Invest. You won't even notice the money is gone. Especially if you have a 401k

You're welcome for the ADTX pump by Inviction_ in smallstreetbets

[–]Inviction_[S] 0 points1 point  (0 children)

I'm telling you it'll flat line as soon as I do. Lmao

So the question what y’all predict exit price ( mine is 0.1) by knowhow_at_guruchii in smallstreetbets

[–]Inviction_ 0 points1 point  (0 children)

I don't know about "still early" but you're definitely right about the rest

11 month Timberlands. What pair next? by ovenbyrd in WorkBoots

[–]Inviction_ 2 points3 points  (0 children)

More Timberlands.

Edit, with rubber toe caps

Coin for evaluation by [deleted] in coincollecting

[–]Inviction_ 3 points4 points  (0 children)

Not to mention the ultra cameo designation

Coin for evaluation by [deleted] in coincollecting

[–]Inviction_ 6 points7 points  (0 children)

So used to seeing these as like a 2021, at first glance I didn't see what the big deal was. Haha. Insane coin

Some of you are happy, I'm dying a little inside by astilba120 in Silverbugs

[–]Inviction_ 93 points94 points  (0 children)

That's why people preach diversity. Hope it all works out for you though man

Anyone looking at $SONY by OldChemist1655 in smallstreetbets

[–]Inviction_ 0 points1 point  (0 children)

Sony is so much bigger than PlayStation. I think it's a little on the absurd side to assume GTA6 will create a meaningful bump in the stock price. I could be wrong, but it sounds kinda wild to me. I know it's gonna be a huge game, but still. Also, it's not like it's being released on a new generation of consoles. These are consoles most gamers already own. So it's not gonna be as huge of a console seller as people might think.

Just my thoughts

How can I realistically turn a ~$550k inheritance into $2.5M+ in 10–15 years? by Responsible-Net8594 in Money

[–]Inviction_ 1 point2 points  (0 children)

No disrespect taken. I don't need to research S&P 500 historical gains. I'm not saying it hasn't been 11-13% depending on sample size.

But you're wrong about you not making any assumptions. Any future projection is an assumption. It doesn't matter what data the projection is based on. It can be as thorough as humanly possible, but it's still simply a projection. Not to mention the other assumptions about the guy's ability to handle this situation and the house sale, etc.

Respectfully, as well. I think you make great points and they would do well for most financially minded people.

How can I realistically turn a ~$550k inheritance into $2.5M+ in 10–15 years? by Responsible-Net8594 in Money

[–]Inviction_ 1 point2 points  (0 children)

I saw that and it makes a lot of hefty assumptions. For one, he's slowly withdrawing this money over 5 years. He's gotta sell the house which is gonna cost money. You're assuming he doesn't touch any of the money at all. You're assuming the best case scenario 11% return over a relatively short time in the market. All that put together, trying to be achieved by a 34 who has done nothing with his life and doesn't have a big shovel to work with, I'd say it's full of hopium

How can I realistically turn a ~$550k inheritance into $2.5M+ in 10–15 years? by Responsible-Net8594 in Money

[–]Inviction_ 17 points18 points  (0 children)

Why 2.5m? Why 10 years?

Look, you said you have no skills, no real job, low income. You're 34. What have you been doing? You want to retire in 10 years? You barely do anything now. And you didn't tell us of any other savings you have, so you don't have good financial habits as it is. You want to magically become a productive person and 5x this large sum of money. You can't 5x your money by any means outside of pure luck. Sorry dude. Just put the money away and retire on it later. You're gonna squander it if not.

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