this post was submitted on 03 Aug 2024
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chapotraphouse

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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/

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[–] TerminalEncounter@hexbear.net 37 points 3 months ago (2 children)

It's so stupid. If they just invested it in an index fun they'd be sitting pretty in a decade. Instead, noooo, genius over here chooses Intel as his only stock the day before it loses like a third of its value and cuts the dividend

[–] makotech222@hexbear.net 20 points 3 months ago

my index fund is up 20% this year. thats 140k - ~20k for taxes, for this guy lmao

[–] TerminalEncounter@hexbear.net 16 points 3 months ago

Fuck it, could've gone through kickstarter or gofundme for people's FFS or bottom surgeries or whatever. 200K!!!!! Could've paid for a few people