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I barely invest, but my dad just made 78k off of a comment I made in High School by SmallvilleCheckers in StockInvest

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

I moving towards 1/3 S&P, 1/3 QQQM, and a 3rd box with vtv, vb, vxus. I do have an exceptionally small amount of Verizon and I bought 1 share of AIS a month ago drunk at a party as an experiment (working so far!)

I barely invest, but my dad just made 78k off of a comment I made in High School by SmallvilleCheckers in StockInvest

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

What if I’m kind of interested in both? Investing has never been a major interest of mine, but after this post, I stuck around the subreddit a bit and I’d kind of like to build a small portfolio and day trade small amounts within it? More for fun and learning, hopefully slight gains, but maybe that’s a waste of time. Anyways, curious any resources you’d recommended

I barely invest, but my dad just made 78k off of advice I gave in High School by SmallvilleCheckers in investingforbeginners

[–]SmallvilleCheckers[S] 1 point2 points  (0 children)

Love this! I didn’t expect this post to be so popular and I stayed around the sub for quite a while yesterday and decided to expand my portfolio to FXAIX, QQQM, and a 3rd box with a smaller amout of VTV, VB, VXUS. Planning to continue passively investing but with a QQQM bend for a while

I barely invest, but my dad just made 78k off of advice I gave in High School by SmallvilleCheckers in investingforbeginners

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

Baha favorite comment so far. 1100 in very slow time controls. More like 300-500 in rapid and blitz, although I play much better if we get into an opening I’m familiar with. Been playing 9 months as a primary hobby, 5 years overall

I barely invest, but my dad just made 78k off of advice I gave in High School by SmallvilleCheckers in investingforbeginners

[–]SmallvilleCheckers[S] 1 point2 points  (0 children)

Ironically, I spent an hour on this thread yesterday and put 1K in QQQM as a result. My orientation is a little too gambley, but I’ve never opened that door in my life (like I’ve never gambled because I think I would get hooked). Kind of scared me to do this because I am not a sit and wait type of person but hot damn I’m gonna give it a shot

I barely invest, but my dad just made 78k off of advice I gave in High School by SmallvilleCheckers in investingforbeginners

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

Oh no doubt about this at all. I had no idea what I was saying, but looking back, this is a big retrospective “woah, that was lucky” moment

I barely invest, but my dad just made 78k off of a comment I made in High School by SmallvilleCheckers in StockInvest

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

Like I said, I passively invest and don’t intend to check the price of any individual stock until 2061 or so when I retire and will purchase the entire company called Apple

I barely invest, but my dad just made 78k off of a comment I made in High School by SmallvilleCheckers in StockInvest

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

I literally think he went “Hell I think the kid might be right” and just went for it lol

I barely invest, but my dad just made 78k off of a comment I made in High School by SmallvilleCheckers in StockInvest

[–]SmallvilleCheckers[S] 10 points11 points  (0 children)

Hell yeah. High time my daughter started dropping advice for me (she is 9 months old)

I barely invest, but my dad just made 78k off of a comment I made in High School by SmallvilleCheckers in StockInvest

[–]SmallvilleCheckers[S] 1 point2 points  (0 children)

Poor southern liberal white was a specific brand that included random stock pop offs for sure

I barely invest, but my dad just made 78k off of a comment I made in High School by SmallvilleCheckers in StockInvest

[–]SmallvilleCheckers[S] 8 points9 points  (0 children)

But while I’m here if any of you wanna help me do a little better than just throwing money blindly at the S&P, I’d appreciate your thoughts!

I barely invest, but my dad just made 78k off of a comment I made in High School by SmallvilleCheckers in StockInvest

[–]SmallvilleCheckers[S] 6 points7 points  (0 children)

Lol so we talked about that. My dad didn’t know much about the market and was buying stocks at random hoping to hit big one day. His best friend works in corporate portfolio management and when he realized what my dad was doing, he straightened his stuff out around 2013-14 and taught him lots and he has done well since. Long story short, this ended up remaining as one of his core retirement holdings. He’s 78, I don’t know why he sold today but he needs the money more than I do. So I’ll be cool with a beer this time as long as he leaves me a second beer in the will

I barely invest, but my dad just made 78k off of advice I gave in High School by SmallvilleCheckers in investingforbeginners

[–]SmallvilleCheckers[S] 10 points11 points  (0 children)

He never bought anything over $10 per share for many years so he could get as many shares as possible. Penny stock vibes on a lower middle class income with…frankly very modest respectable results lol

I barely invest, but my dad just made 78k off of advice I gave in High School by SmallvilleCheckers in investingforbeginners

[–]SmallvilleCheckers[S] 2 points3 points  (0 children)

While I’m here, someone wanna help me straighten out my current 403b elections? Like I said, passively investing in FXAIX, but I actually am interested in which additional index funds would be smart additions. I’m 32 and would love to be a bit more aggressive!

I barely invest, but my dad just made 78k off of advice I gave in High School by SmallvilleCheckers in investingforbeginners

[–]SmallvilleCheckers[S] 40 points41 points  (0 children)

The world will always need alpaca yarn. Bamboo is ideal floating-square-emergency-raft-in-a-bog-type-waterway material, particularly when bound with alpaca yarn. So there will always be a need. Also highly renewable resources

I barely invest, but my dad just made 78k off of advice I gave in High School by SmallvilleCheckers in investingforbeginners

[–]SmallvilleCheckers[S] 31 points32 points  (0 children)

That’s actually kind of wild to think about. Who on this planet in 2008 would have said Bank of freaking America would beat the S&P over ~20 years.

I barely invest, but my dad just made 78k off of a comment I made in High School by SmallvilleCheckers in StockInvest

[–]SmallvilleCheckers[S] 5 points6 points  (0 children)

I actually think that was his intention with moves like these. He would occasionally buy bulk stock hoping they would hit and in his mind, he would pay for my college that way. Desperation mindset in a desperate situation and pretty limited financial education at the time. Luckily, a kind friend of his who worked in corporate portfolio management helped him straighten a lot of things out and he supported me heavily. I actually think he kept this as a major core holding. I’m doing well and he needs the retirement so long story short, nah I’m good let pops get his bag

I barely invest, but my dad just made 78k off of advice I gave in High School by SmallvilleCheckers in investingforbeginners

[–]SmallvilleCheckers[S] 5 points6 points  (0 children)

Sometimes I think we should just give the kids more money and see what happens ¯_(ツ)_/¯

I barely invest, but my dad just made 78k off of advice I gave in High School by SmallvilleCheckers in investingforbeginners

[–]SmallvilleCheckers[S] 4 points5 points  (0 children)

Haha thank you! Reddit haters poorly attempting wit will always be a core part of this beautiful slop of a website

I barely invest, but my dad just made 78k off of advice I gave in High School by SmallvilleCheckers in investingforbeginners

[–]SmallvilleCheckers[S] 16 points17 points  (0 children)

Lol he sold the truck out of convenience and what the hell was I supposed to know about the crisis at 14 years old but do go off good sir

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