this post was submitted on 03 Aug 2024
97 points (100.0% liked)

chapotraphouse

13519 readers
1316 users here now

Banned? DM Wmill to appeal.

No anti-nautilism posts. See: Eco-fascism Primer

Gossip posts go in c/gossip. Don't post low-hanging fruit here after it gets removed from c/gossip

founded 3 years ago
MODERATORS
LENINSGHOSTFACEKILLA@hexbear.net
MiraculousMM@hexbear.net
KenBonesWildRide@hexbear.net
Nakoichi@hexbear.net
itsPina@hexbear.net
corgiwithalaptop@hexbear.net
PorkrollPosadist@hexbear.net
ZoomeristLeninist@hexbear.net
EmmaGoldman@hexbear.net
InsidiousTrackers@hexbear.net
sweet_pecan@hexbear.net
a_little_red_rat@hexbear.net
97
Just saw a reddit post in which some trust fund kid took his 700k inheritence from grandma and invested it all in Intel lmao (hexbear.net)
submitted 3 months ago* (last edited 3 months ago) by gueybana@hexbear.net to c/chapotraphouse@hexbear.net
25 comments fedilink hide all child comments
 

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/

you are viewing a single comment's thread
view the rest of the comments
[–] golli@lemm.ee 3 points 3 months ago

Also investing in a troubled company directly before a quarterly report, when you can expect to see volatility, is just gambling.

Even if you'd want to do lump sum rather than DCA, with that kind of sum and a long term investment horizon you wait out the event.