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I'm most looking forward to investing in stocks.

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[-] Bonehead@kbin.social 15 points 2 years ago

When I was 22, I wanted to get into the stock market. I found a website that gave you $200,000 in fake money to "invest", and showed you how much you would make or lose over the time you "owned" the stock until you "sold" it. I lost $62,000 in the first week.

All I'm saying is do your research and invest wisely. Or just do whatever Warren Buffet does.

[-] Karcinogen@discuss.tchncs.de 2 points 2 years ago

How did you do in your second week?

[-] kmkz_ninja@lemmy.world 5 points 2 years ago
[-] Bonehead@kbin.social 1 points 2 years ago

Not quite. I stopped playing around with buying and selling so much and stayed with a few well known stocks. I didn't lose any more, but the growth was extremely slow. Hence the nature of the stock market. If you try to play it to make money fast, you really really need to know what you're doing or you'll lose a fortune.

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this post was submitted on 12 Jul 2023
48 points (72.2% liked)

Showerthoughts

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