Gains are not worth the risk
Posted: Jan 01, 2025
- Reddit user shares personal story about losing $110k in stocks, specifically options calls after December Fed meeting
- Advises against making risky bets with hard-earned money
- Suggests investing in index funds and cash equivalents instead
- Raises possibility that current situation could be a buying opportunity
What do people on Reddit think?
🚨 Reddit sentiment: negative - Most comments emphasize the importance of risk management and describe investing, especially options, as gambling with poor odds. Summarized comments: - Risk management is important; don't risk more than you can afford to lose - Investing should not be equated to gambling; market risks should align with potential returns - Many people undervalue money, viewing it as something easily lost or gambled - Most people work hard just to pay bills; money represents the labor and value of workers - Options trading is risky, and the odds tend to favor the house
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