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Stonk Madness
#65
Is this even a change? Hasn't it always been this way?
Young people in general are a bit reckless. They like to gamble. They can throw away $1000 if it means there is a real chance to get $10000 out of it sooner rather than later. I don't think this is anything new. All sorts of gambling, casinos etc have been around forever. It's not much more than 10 years ago when everyone thought house flipping was an amazingly simple way to make a fortune. Now the regular dude just has access to the stock market. It's just another "location" where to gamble.

Then, after some years, these people realize that while casino stuff is fun, and may or may not have been profitable, it's maybe time to start thinking of more stable investments. The majority of my friends (in the 30-40 age bracket) are much more interested in Tesla or bitcoin than JNJ or PEP. But if we fast forward 20 years, I think those ideas have changed and it's their kids playing with whatever is the new hot thing and these guys are buying JNJ and PEP.

The media also skews this significantly. Always remember that the majority of the media is about one thing only: profit. They are businesses that generate revenue based on the amount of readers. "This is the next Tesla" will get 100x more readers than "hey, JNJ is still awesome". There is also a lot more happening with volatile things, therefore more things to report. Just look at this forum. There is a lot of posts and talk about different kind of more speculative stocks, options etc. But those are probably around 5% of our portfolio. There is just more happening there, thus more to talk about.
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Messages In This Thread
Stonk Madness - by crimsonghost747 - 01-29-2021, 05:46 AM
Stonk Madness - by dusterdude - 01-29-2021, 05:54 AM
RE: Stonk Madness - by fenders53 - 01-29-2021, 07:54 AM
RE: Stonk Madness - by Otter - 01-29-2021, 09:28 AM
RE: Stonk Madness - by fenders53 - 01-29-2021, 09:44 AM
RE: Stonk Madness - by Otter - 01-29-2021, 09:47 AM
RE: Stonk Madness - by john - 01-29-2021, 10:46 AM
RE: Stonk Madness - by Otter - 01-29-2021, 10:56 AM
RE: Stonk Madness - by fenders53 - 01-29-2021, 07:27 PM
RE: Stonk Madness - by fenders53 - 02-01-2021, 09:12 PM
RE: Stonk Madness - by ken-do-nim - 02-02-2021, 07:41 AM
RE: Stonk Madness - by fenders53 - 02-02-2021, 08:45 AM
RE: Stonk Madness - by crimsonghost747 - 02-02-2021, 10:39 AM
RE: Stonk Madness - by fenders53 - 02-02-2021, 11:25 AM
RE: Stonk Madness - by crimsonghost747 - 02-02-2021, 12:31 PM
RE: Stonk Madness - by fenders53 - 02-02-2021, 12:52 PM
Stonk Madness - by chascornell - 02-03-2021, 04:40 PM
RE: Stonk Madness - by fenders53 - 02-03-2021, 05:23 PM
RE: Stonk Madness - by crimsonghost747 - 02-03-2021, 10:27 PM
RE: Stonk Madness - by fenders53 - 02-04-2021, 04:37 AM
RE: Stonk Madness - by crimsonghost747 - 02-04-2021, 05:27 AM
RE: Stonk Madness - by fenders53 - 02-04-2021, 06:55 AM
RE: Stonk Madness - by crimsonghost747 - 02-04-2021, 09:26 AM
RE: Stonk Madness - by fenders53 - 02-04-2021, 10:07 AM
RE: Stonk Madness - by crimsonghost747 - 02-04-2021, 11:36 AM
RE: Stonk Madness - by fenders53 - 02-04-2021, 12:05 PM
Stonk Madness - by chascornell - 02-04-2021, 02:21 PM
RE: Stonk Madness - by fenders53 - 02-04-2021, 02:50 PM
RE: Stonk Madness - by crimsonghost747 - 02-05-2021, 10:05 AM
RE: Stonk Madness - by fenders53 - 02-05-2021, 10:27 AM
RE: Stonk Madness - by Otter - 02-09-2021, 09:39 AM
RE: Stonk Madness - by fenders53 - 02-09-2021, 09:52 AM
RE: Stonk Madness - by fenders53 - 02-11-2021, 12:05 PM
RE: Stonk Madness - by Otter - 02-12-2021, 10:28 AM
RE: Stonk Madness - by fenders53 - 02-12-2021, 12:41 PM
RE: Stonk Madness - by ken-do-nim - 02-13-2021, 07:50 AM
RE: Stonk Madness - by fenders53 - 02-13-2021, 10:02 AM
RE: Stonk Madness - by rayray - 02-14-2021, 08:55 AM
RE: Stonk Madness - by fenders53 - 02-14-2021, 09:50 AM
RE: Stonk Madness - by stockguru - 02-14-2021, 09:40 AM
RE: Stonk Madness - by ken-do-nim - 02-14-2021, 10:46 AM
RE: Stonk Madness - by rayray - 02-14-2021, 11:41 AM
RE: Stonk Madness - by fenders53 - 02-24-2021, 03:22 PM
RE: Stonk Madness - by crimsonghost747 - 02-24-2021, 05:09 PM
RE: Stonk Madness - by fenders53 - 02-24-2021, 05:24 PM
RE: Stonk Madness - by fenders53 - 02-25-2021, 09:23 AM
RE: Stonk Madness - by crimsonghost747 - 03-08-2021, 11:16 AM
RE: Stonk Madness - by fenders53 - 03-08-2021, 11:50 AM
RE: Stonk Madness - by ChadR - 03-08-2021, 12:42 PM
RE: Stonk Madness - by fenders53 - 03-08-2021, 12:58 PM
RE: Stonk Madness - by crimsonghost747 - 03-08-2021, 01:18 PM
RE: Stonk Madness - by fenders53 - 03-08-2021, 01:33 PM
RE: Stonk Madness - by fenders53 - 03-09-2021, 11:00 AM
RE: Stonk Madness - by crimsonghost747 - 03-09-2021, 12:24 PM
RE: Stonk Madness - by fenders53 - 03-09-2021, 12:40 PM
RE: Stonk Madness - by ken-do-nim - 03-10-2021, 11:18 AM
RE: Stonk Madness - by fenders53 - 03-10-2021, 11:27 AM
RE: Stonk Madness - by crimsonghost747 - 03-11-2021, 01:34 AM
RE: Stonk Madness - by fenders53 - 03-11-2021, 04:04 AM
RE: Stonk Madness - by crimsonghost747 - 03-14-2021, 04:42 AM
RE: Stonk Madness - by crimsonghost747 - 03-25-2021, 02:58 PM
RE: Stonk Madness - by fenders53 - 03-25-2021, 09:01 PM
RE: Stonk Madness - by jalanlong - 04-20-2021, 11:29 AM
RE: Stonk Madness - by fenders53 - 04-20-2021, 11:51 AM
RE: Stonk Madness - by crimsonghost747 - 04-20-2021, 10:06 PM
RE: Stonk Madness - by fenders53 - 04-21-2021, 12:56 AM
Stonk Madness - by jalanlong - 04-22-2021, 07:07 PM
RE: Stonk Madness - by ken-do-nim - 04-22-2021, 07:23 PM
Stonk Madness - by jalanlong - 04-22-2021, 07:35 PM
RE: Stonk Madness - by ken-do-nim - 04-22-2021, 07:58 PM
RE: Stonk Madness - by fenders53 - 04-22-2021, 08:45 PM
RE: Stonk Madness - by crimsonghost747 - 05-17-2021, 02:09 PM
RE: Stonk Madness - by crimsonghost747 - 05-26-2021, 09:04 AM
RE: Stonk Madness - by fenders53 - 05-27-2021, 06:09 AM
RE: Stonk Madness - by ken-do-nim - 06-02-2021, 01:41 PM
RE: Stonk Madness - by crimsonghost747 - 06-02-2021, 09:00 PM
RE: Stonk Madness - by ken-do-nim - 06-02-2021, 09:17 PM
RE: Stonk Madness - by crimsonghost747 - 06-03-2021, 12:40 AM
RE: Stonk Madness - by fenders53 - 06-03-2021, 06:20 AM
RE: Stonk Madness - by crimsonghost747 - 06-03-2021, 07:09 AM
RE: Stonk Madness - by ken-do-nim - 06-03-2021, 05:49 AM
RE: Stonk Madness - by crimsonghost747 - 06-03-2021, 07:19 AM
RE: Stonk Madness - by fenders53 - 06-03-2021, 07:40 AM
RE: Stonk Madness - by fenders53 - 06-03-2021, 07:29 AM
RE: Stonk Madness - by crimsonghost747 - 06-03-2021, 08:22 AM
RE: Stonk Madness - by fenders53 - 06-03-2021, 08:36 AM
RE: Stonk Madness - by crimsonghost747 - 06-03-2021, 09:17 AM
RE: Stonk Madness - by fenders53 - 06-03-2021, 07:35 PM
RE: Stonk Madness - by ken-do-nim - 06-03-2021, 07:30 AM
RE: Stonk Madness - by fenders53 - 06-04-2021, 06:20 AM
RE: Stonk Madness - by crimsonghost747 - 06-05-2021, 01:37 AM
RE: Stonk Madness - by fenders53 - 06-05-2021, 06:26 AM
RE: Stonk Madness - by NilesMike - 06-21-2021, 06:16 AM
RE: Stonk Madness - by fenders53 - 06-22-2021, 06:57 AM
RE: Stonk Madness - by ken-do-nim - 07-01-2021, 05:01 PM
RE: Stonk Madness - by fenders53 - 07-13-2021, 04:59 AM
RE: Stonk Madness - by ken-do-nim - 07-13-2021, 06:44 AM
RE: Stonk Madness - by NilesMike - 07-13-2021, 06:39 AM
RE: Stonk Madness - by fenders53 - 07-13-2021, 08:16 AM
RE: Stonk Madness - by kblake - 07-13-2021, 10:32 AM
RE: Stonk Madness - by fenders53 - 07-13-2021, 11:20 AM
RE: Stonk Madness - by kblake - 07-13-2021, 02:33 PM
RE: Stonk Madness - by fenders53 - 07-13-2021, 02:41 PM



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