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PaperclipPerfector  23hr ago (text post)   814 thread views

Friday Fun Thread for February 21, 2025

Be advised: this thread is not for serious in-depth discussion of weighty topics (we have a link for that), this thread is not for anything Culture War related. This thread is for Fun. You got jokes? Share 'em. You got silly questions? Ask 'em.

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I can outperform the market, but only if I am paying close attention. My full-time gig requires sometimes 100% of mind for multiple days at a time, and if you're not doing your own research and able to execute on Bloomberg alerts, you'll miss out on big swings. I did not play as long or as successfully as WhiningCoil, but after 5 years of my $10k play fund performing identically to my bigger funds attached to indices, I decided to focus on my family and job.

My minimum investment into a stock is generally going to be that same $1,000 mark. You ultimately want enough position slots to keep you interested - I.E. 10 slots would be $10k. One problem I ran into is that instead of closing a successful position and moving it to something else that excited me, I would just invest more elsewhere and divide my attention, then miss the previous win turning into a loss.

All that said, it meant I could use that fun money as a way to avoid buying some physical crap. If I had extra money in checking I would buy stock instead of some frivolous bike part. Since this is already trust fund money you can't physically touch, that's of no use to you.

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