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 1 month ago* (last edited 1 month ago) by gueybana@hexbear.net to c/chapotraphouse@hexbear.net

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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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[-] GrouchyGrouse@hexbear.net 13 points 1 month ago

Oh yeah you could buy a nice home outright, invest the rest in mutual funds, IRAs, and keep an emergency fund. Then work whatever job you want to maintain a comfortable lifestyle.