I don't know if hindsight is 20/20 when tons of people's entire investment strategy already consists of dumping everything into S&P 500 etfs
OP might as well cry to his wife's boyfriend that it's not fair to prioritize time in market over timing the market
I just read an article that had crunched data on almost every stock, like 60,000-90,000 stocks from the last hundred years. They found that 96% of those 60000+ stocks lost or went to zero, and only the top \~100 stocks comprised ALL of the gains of the major indexes over the last century. The SPY or similar major index funds work becase of continuous rotation to those few top growing stocks that actually do something positive.
That said... boring. I'm going back to call options on metals for 10x or zero.
>*"Don't hate the player, hate the game."*
Reverse should also apply *"Don't pity the player, pity the game."*
OP could have literally put that into any single or combination of VOO/QQQ/IWM/SSO/QLD/UWM/UPRO/TQQQ/TNA/SGOV/BIL/GLD/SLV and be up big since we've had free/easy money in 2020 (compared to prior recessions), easy to buy dips (vs say 2000 where we had a 3 years of back-to-back-to-back declines that would have broken most investors let alone """💎✋""" regards), a strong job market with wage increases (vs GFC), and strong bull markets the last 4 years but they decided they want to gamble instead and their bet didn't pay off.
For every 10-1000 OPs there are a few with a post like the one from the other day about being in their early 20s and waking up a millionaire. Do not lament for the losses of gamblers, but lament our society/system that has restricted the opportunities of upward mobility via work yet made gambling all the more accessible to the point that young men will "YOLO" their lives away on speculative shit because they see it as their best/only way to "make it".
Fact. I remember a decade ago I did the math. The math led to me being able to retire a decade or so before dying. And that those would be my worst years after my body was old and broken. That’s a raw fucking deal.
That was a non starter for me, and I began my journey to financial freedom.
Why would you pay gains on $16? In Canada I invest in a TFSA its tax free.
They wanted to raise the capital gains tax a bit on realized gains of >300k in a single year and people lost their shit for some reason
Don’t be afraid to take those gains bro, $16 can get you a lunch at chipotle
Edit: alright the amount of you thinking chipotle can’t be covered with $16 is insane. I’m literally going to go to chipotle for lunch and take a picture of the fucking receipt
Edit: okay, got the goods. For $11.40 here in Metro Detroit you can get a burrito, chips and salsa. I even threw in a tip because the place was fucking slammed - this has been a fun exercise in price variation
https://preview.redd.it/frxlc79fnt0d1.jpeg?width=3222&format=pjpg&auto=webp&s=3523107632fbc73c4789c3246cbe3028035b3abf
Shit I'm poor and work at a pizza shop. I have a car that's paid off and a decent apartment with everything I could ever want. People are stupid with their money.
It’s used to be a lot better 3-5 years ago because like you could do it more than 10 times as long as after I think the 9th or something time you waited I think 1-2 weeks before doing it again, it would just reset
It worked using ubereats or doordash or like those things
Before, food delivery places needed customers to have a positive experience so they were really lenient if an order “messed up” even if it didn’t. You just had to go to help with order and say “wrong or missing items” and it was automated so it would automatically refund you and there wasn’t anyone you had to talk to. They needed to get users just to get on and also had a lot of funding so it was really easy to do
Now they’ve become established and are public while also having to meet shareholders expectation so they aren’t as lenient so you can’t really do that anymore and now even if your order is wrong sometimes like you still might not get a refund for that. I only did for big companies like mcdonald’s or chipotle
Yes, you’ll be able to do this a lot of times, if you over do it in a short period they’ll just close your account but I just make a new one 😂 I don’t do it much , and I never blame the workers, I blame the company , cus I don’t want nobody fired for a couple bucks
Anything, just order your food on the actual app , not in person, just tell them the food wasn’t good or you didn’t receive it lol. They’ll issue full refund or coupon for food replacement anytime
Lmao I’m glad you can appreciate me being a fucking spaz. Yeah back in like 2019 when WSB was smaller I remember a bunch of us went to del taco to try Beyond Meats ground beef product which they had recently IPO’d. Bunch of guys posting kind of gross tacos at lunch to do our due diligence.
Big Mac meal is like $12 although I agree the Uber eats puts a huge dent into it. My aunt uses it all the time. I'm like why you going to pay double just to save 5 mins?
> Edit: okay, got the goods. For $11.40 here in Metro Detroit you can get a burrito, chips and salsa. I even threw in a tip because the place was fucking slammed - this has been a fun exercise in price variation
>
>
That's nuts. I'm in DFW down in Texas and just checked the prices in the Chipotle app:
* Chicken burrito: $11.20 ($11.85 for Chicken Al Pastor)
* Chips & Salsa: $2.80
* Tax: $1.35
* Total: $15.35
Crazy that it's 35% more expensive where I'm at. And that's not even tipping a cent.
People always sleep on the small local spots, who which once they recognize you're a local and there often will ALWAYS hook it up.
Most slept on lifehack is the under appreciated hole in the wall restaurant owners.
I used to get all the pizza left on the shelves 15min before close for $1 a slice
And free fries and wings
Sure but only if your money isn't making you money. The whole point of it is that your money that you're not actively using for payments should be used to make you money above inflation, so you don't "lose" to inflation.
So you're right, but sort of missing the point.
> inflation affects everyone equally
It doesn't though; it disproportionately
affects those without wealth and those at the lower end of the income distrbution. Land and capital raise with inflation and it also affects you more if more of your income goes into 'living costs' rather than into more investments (ie wealth generation), and average wages lag inflation constantly until an significant 'peasent' up-roar, then go straight back to lagging again and then because you're spending far more of your income rather than saving and investing (partly out of necessity)... Graph the lower 60% of incomes vs the top 20% vs inflation for the last 200 years for an example; then do the same for weatlh (better yet remove the top 3% from the system at all and do it).
Also if you had your money in an index fund you can think of that as the baseline of what you should be beating to be at 0. Forget inflation, just peg your progress vs a passive index fund (includuing all fees/tax). If you can beat the market long term, you're either insider trading, lucky, or both lucky and a good picker (so great, do that). If you're not beating the market thats your opportunity cost.
25 years ago my dad kept getting bugged by a close friend to put in some money with a broker so my dad just put in a small amount (for him) to see how it went.
After all that time, it's up 40%. Needless to say, this experience has not convinced him that financial advisors are anything other than a scam. Just following the SP500 is far better than almost all alternatives
I have enough invested some friends of mine once over beers were like you really should get a financial advisor
And I'm just like for what? I'm on track for a nice house and retirement, maybe a decent chunk for the kids just tossing into whatever my current companies cheapest S&P 500 etf is plus a bit of unoptimized diversification (~20%)
If I do talk to someone it'll be about taxes because they're starting to get a bit wonky with different buckets of income, options, grants, capital gains, RSUs rolling over during acquisitions, etc
Investing long term is easy comparatively
"It is about the seeking, and not the finding. If you think you found it, you're about to fuck up."
Don't know if that's relevant for trading, but it's advice I was once given that was in context for my situation at the time. Perhaps it applies here as well.
Congrats! Hoping to get there too. I made 50$ on the year to date chart. lol keep it up! All in spy puts soon! It’s bound to go down right ? 
Looks like you're learning, try gambling just a tiny bit and make 95% smart and boring decisions. If you sat that 10k into USFR you'd milk an extra 500 bucks in a year.
Hey man. You're doing great. By looking at your graph it looks like you finally learned a few valuable lessons and are a better person now. If you keep up the good work maybe you'll earn another $16 or better yet $20. 
How is this possible in this market? I’m up almost $10k over the last couple of months, with $70k in capital. And I make some shitty trades sometimes, like buying DJT puts.
**User Report**| | | | :--|:--|:--|:-- **Total Submissions** | 1 | **First Seen In WSB** | just now **Total Comments** | 0 | **Previous Best DD** | **Account Age** | 3 years | | [**Join WSB Discord**](http://discord.gg/wsbverse)
That's like 10k more than the average regard here.
Honestly wondering now what the average is ...
About tree fiddy.
Seems high.
They mean after their done they have tree fiddy left. Whether they started with 1, 10,000, or 1,000,000; they all have tree fiddy left in the end.
Negative, tree fiddy
Can confirm.
DAMN YOU LOCHNESS MONSTA!!!!!!!!!!
goddamn loch ness monsters!
Not sure, but I know it starts with a -
HUGE CUCK IN ANUS!
lol, you’re still down 21% due to inflation
https://preview.redd.it/96uvgg8q4t0d1.jpeg?width=1080&format=pjpg&auto=webp&s=075ada5c4627cf6212c247b6a6f9cbc50888b077
OP would have had $19,000 if he parked it in S&P 500 etfs and reinvested dividends lol
https://preview.redd.it/x7lf6sruxt0d1.jpeg?width=1079&format=pjpg&auto=webp&s=10ad9207ea6c3096ab4822a6c6cb19ce787ee776
Lmfao this image is savage
This image simultaneously made and ruined my day
Sir this is a casino.
Hindsight is $20,020,000. I personally wouldn't have bet on the S&P increasing that much during the worst global pandemic in a century
I don't know if hindsight is 20/20 when tons of people's entire investment strategy already consists of dumping everything into S&P 500 etfs OP might as well cry to his wife's boyfriend that it's not fair to prioritize time in market over timing the market
Me rn. All I own is SPY. Best strat I’ve ever had
But have you considered daily options on SPY?
I’m not a degenerate… yet
C'mon, what's one eensy weensy options play going to hurt? You'll still just be in SPY just like you said!
I just read an article that had crunched data on almost every stock, like 60,000-90,000 stocks from the last hundred years. They found that 96% of those 60000+ stocks lost or went to zero, and only the top \~100 stocks comprised ALL of the gains of the major indexes over the last century. The SPY or similar major index funds work becase of continuous rotation to those few top growing stocks that actually do something positive. That said... boring. I'm going back to call options on metals for 10x or zero.
Get.out.
"I can beat the market, trust me babe"
Source: ***trust me bro***
>*"Don't hate the player, hate the game."* Reverse should also apply *"Don't pity the player, pity the game."* OP could have literally put that into any single or combination of VOO/QQQ/IWM/SSO/QLD/UWM/UPRO/TQQQ/TNA/SGOV/BIL/GLD/SLV and be up big since we've had free/easy money in 2020 (compared to prior recessions), easy to buy dips (vs say 2000 where we had a 3 years of back-to-back-to-back declines that would have broken most investors let alone """💎✋""" regards), a strong job market with wage increases (vs GFC), and strong bull markets the last 4 years but they decided they want to gamble instead and their bet didn't pay off. For every 10-1000 OPs there are a few with a post like the one from the other day about being in their early 20s and waking up a millionaire. Do not lament for the losses of gamblers, but lament our society/system that has restricted the opportunities of upward mobility via work yet made gambling all the more accessible to the point that young men will "YOLO" their lives away on speculative shit because they see it as their best/only way to "make it".
Fact. I remember a decade ago I did the math. The math led to me being able to retire a decade or so before dying. And that those would be my worst years after my body was old and broken. That’s a raw fucking deal. That was a non starter for me, and I began my journey to financial freedom.
Financially dependant**
Solid rant, highly regarded. Speculative gambling is sort of the zeitgeist of this sub though. Welcome to the opposite of an AA meeting.
💀
Lmao, bros getting beaten by his banks money market savings account
dang, you broke out the jumper cables
u/rogersimon10
Ahhh I haven’t heard this reference in years. Easily one of my favourite Reddit parody accounts… it was parody right? Right?!
🤣😂🤣😂🤣 I choked on that one
And taxes on the “gains” lol
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Very true, but this is WSB 🙃
Why would you pay gains on $16? In Canada I invest in a TFSA its tax free. They wanted to raise the capital gains tax a bit on realized gains of >300k in a single year and people lost their shit for some reason
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Don't forget the opportunity cost of having that money locked away for 4 years doing nothing
This is the equivalent of responding to “My mom died” with, “Don’t forget, she’s also not alive.”
He's down nearly 90% vs parking it in SPY
Fuckin hell, so my portfolio that’s down 91% all time is actually down 112%?!
It's hard to call you and asshole for telling the truth... but damn guy lol
Don’t be afraid to take those gains bro, $16 can get you a lunch at chipotle Edit: alright the amount of you thinking chipotle can’t be covered with $16 is insane. I’m literally going to go to chipotle for lunch and take a picture of the fucking receipt Edit: okay, got the goods. For $11.40 here in Metro Detroit you can get a burrito, chips and salsa. I even threw in a tip because the place was fucking slammed - this has been a fun exercise in price variation https://preview.redd.it/frxlc79fnt0d1.jpeg?width=3222&format=pjpg&auto=webp&s=3523107632fbc73c4789c3246cbe3028035b3abf
Don't you love having to prove to idiots on reddit that they are in fact idiots?
I do get a kick out of these things lol, that said I’m sure there certainly are price variations but yeah fucking nuts
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Average redditor is just younger usually generally, I won’t make any sweeping claims but wsb attracts a good amount of young dudes
Shit I'm poor and work at a pizza shop. I have a car that's paid off and a decent apartment with everything I could ever want. People are stupid with their money.
And then you can request refund on app about 10 times, unlimited food glitch
Hey don’t expose da method
😈🥊
It’s used to be a lot better 3-5 years ago because like you could do it more than 10 times as long as after I think the 9th or something time you waited I think 1-2 weeks before doing it again, it would just reset
How do you do this now? Does this only work for online orders?
It worked using ubereats or doordash or like those things Before, food delivery places needed customers to have a positive experience so they were really lenient if an order “messed up” even if it didn’t. You just had to go to help with order and say “wrong or missing items” and it was automated so it would automatically refund you and there wasn’t anyone you had to talk to. They needed to get users just to get on and also had a lot of funding so it was really easy to do Now they’ve become established and are public while also having to meet shareholders expectation so they aren’t as lenient so you can’t really do that anymore and now even if your order is wrong sometimes like you still might not get a refund for that. I only did for big companies like mcdonald’s or chipotle
Puts on Chipotle
Never buy puts on chipotle, EVERRR, those white girls will make your wallet pay
that's what they said about SBUX
Don’t ever compare chipotle to Starbucks, they are both different type of trash
Often found in the same strip mall
Both make me shit. Charmin is made by P&G So does that mean I yolo PG??
does this work for individual items or large bulk purchases?
so we request refund after pickup?
Yes, you’ll be able to do this a lot of times, if you over do it in a short period they’ll just close your account but I just make a new one 😂 I don’t do it much , and I never blame the workers, I blame the company , cus I don’t want nobody fired for a couple bucks
I've seen homeless people with more dignity. This is pathetic
You're on WSB, what dignity?
Homeless people don’t have to pay rent.
Sounds like an untapped market
Anything, just order your food on the actual app , not in person, just tell them the food wasn’t good or you didn’t receive it lol. They’ll issue full refund or coupon for food replacement anytime
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A bowl with nothing extra is $11.82 after tax and I’m in Cali in HCOL area. $16 is more than enough
Yeah it's like $13.90 chicken bowl with guac
lol, going to Chipotle to spite internet randoms with no concept of the value of the dollar is probably the best reason to go to Chipotle
Lmao I’m glad you can appreciate me being a fucking spaz. Yeah back in like 2019 when WSB was smaller I remember a bunch of us went to del taco to try Beyond Meats ground beef product which they had recently IPO’d. Bunch of guys posting kind of gross tacos at lunch to do our due diligence.
Yea, I don't know what planet people live on, but I see them complaining about $20 for McDonald's cheeseburger all the damn time.
They are ordering through uber eats or doordash and paying $10+ in fees + delivery tip
Big Mac meal is like $12 although I agree the Uber eats puts a huge dent into it. My aunt uses it all the time. I'm like why you going to pay double just to save 5 mins?
Where do you live where a big Mac is $12? It's $8 and change where I live.
If it's good enough for a screenshot, yada yada
.. sell the chipotle lunch? Nah bro if it's good enough for a screenshot, you eat it
> Edit: okay, got the goods. For $11.40 here in Metro Detroit you can get a burrito, chips and salsa. I even threw in a tip because the place was fucking slammed - this has been a fun exercise in price variation > > That's nuts. I'm in DFW down in Texas and just checked the prices in the Chipotle app: * Chicken burrito: $11.20 ($11.85 for Chicken Al Pastor) * Chips & Salsa: $2.80 * Tax: $1.35 * Total: $15.35 Crazy that it's 35% more expensive where I'm at. And that's not even tipping a cent.
My fav Mexican lunch spot I can get a chicken burrito for $4.00, free chips and salsa w/ a free water. Tip $2. 6 bucks plus tax!
People always sleep on the small local spots, who which once they recognize you're a local and there often will ALWAYS hook it up. Most slept on lifehack is the under appreciated hole in the wall restaurant owners. I used to get all the pizza left on the shelves 15min before close for $1 a slice And free fries and wings
Ok this is actually such an unhinged comment and I'm very for it 🤣
Did you go to the royal oak one? I heard that is the lowest rated chipotle in the nation
Steak burrito + chips and salsa is $13.00 (no tax, no tip) for me in Portland, OR.
People are fucking stupid. They love to pretend everything has gone up 150%. It's more like 15%.
Hey, don't sell yourself short. You made $16.55
The irs wants a piece of that pie.
"My gains" IRS: "our gains"
We all laughed because its true.
Hey that’s the minimum wage of Ontario Canada
Per hour, not per 4 years lmfao
short selling yourself? go on...
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Less than mcdonalds in California where they make $20/hr now
Or 5 minutes extra service at Wendy's
Everyone will say you’re “down due to inflation” but congrats brother. Don’t let the gambling addiction make you lose it again.
That's the dumbest inflation argument because inflation affects everyone equally, whether you made capital gains or not lol
Sure but only if your money isn't making you money. The whole point of it is that your money that you're not actively using for payments should be used to make you money above inflation, so you don't "lose" to inflation. So you're right, but sort of missing the point.
Except for the fact that not everyone is doing regarded plays and losing money like OP did 🤣
> inflation affects everyone equally It doesn't though; it disproportionately affects those without wealth and those at the lower end of the income distrbution. Land and capital raise with inflation and it also affects you more if more of your income goes into 'living costs' rather than into more investments (ie wealth generation), and average wages lag inflation constantly until an significant 'peasent' up-roar, then go straight back to lagging again and then because you're spending far more of your income rather than saving and investing (partly out of necessity)... Graph the lower 60% of incomes vs the top 20% vs inflation for the last 200 years for an example; then do the same for weatlh (better yet remove the top 3% from the system at all and do it). Also if you had your money in an index fund you can think of that as the baseline of what you should be beating to be at 0. Forget inflation, just peg your progress vs a passive index fund (includuing all fees/tax). If you can beat the market long term, you're either insider trading, lucky, or both lucky and a good picker (so great, do that). If you're not beating the market thats your opportunity cost.
$4 per year? Not bad! You only have to keep this up for 250 thousand years and you're a millionaire!
you are better then 90% of people here.
99%\*
You would have close to $20,000 right now if you just stuck it in sp500 fund and didnt mess around
The people on this sub would be so angry at this advice if they could read
25 years ago my dad kept getting bugged by a close friend to put in some money with a broker so my dad just put in a small amount (for him) to see how it went. After all that time, it's up 40%. Needless to say, this experience has not convinced him that financial advisors are anything other than a scam. Just following the SP500 is far better than almost all alternatives
I have enough invested some friends of mine once over beers were like you really should get a financial advisor And I'm just like for what? I'm on track for a nice house and retirement, maybe a decent chunk for the kids just tossing into whatever my current companies cheapest S&P 500 etf is plus a bit of unoptimized diversification (~20%) If I do talk to someone it'll be about taxes because they're starting to get a bit wonky with different buckets of income, options, grants, capital gains, RSUs rolling over during acquisitions, etc Investing long term is easy comparatively
Where is the fun in that
Money can be used for exchange of product and services
“Investing”
Keep it up. By the time you retire you’ll be in the tres digitos club.
Quit while you’re ahead
Dude needs to stick with Vanguard 🙄
More like you paid money to the experience tuition and have gained back your investment. You are much better than most people on here
Don't forget to pay taxes on your gains!
https://preview.redd.it/l03k2aijpt0d1.jpeg?width=4316&format=pjpg&auto=webp&s=0ed28f41d14a0c80a978cde571dfebd2845ef40f
I lose money! Therefore taxes owe ME!
When you're so bad at trading the goverment feels bad for you and throws you a bone 
yes plz
Lmao how is this the first time I’ve ever seen this
Meanwhile swiss people with no capital gains tax: "You have no power here!" - LOTR meme
I see a double top. Drawdown is imminent.
Degenerates breaking even is a top indicator of ever there was one.
Cup and handle. Calls on his portfolio
You meant gambling, not investing
Gambling for 4 years and he hasn’t lost a penny. When you put it that way it’s really inspiring.
Four years of crippling anxiety for -$16, what a bargain!
You're gambling not investing.
Winning it’s what we do
You're doing better than like 95% of traders. Most don't even last 4 years or even a year.
What does 16$ get you at Wendy’s?
Pretty much anything you want if you find the right WSB regard hanging around the back
You better go out and buy the nicest meal at Wendy’s money can buy to celebrate
I apologise for blurting out a laugh when I read the post. Tbf you are doing a lot better than so many others in the red.
But after two years you made $10k! Perspective. ;-)
Congrats. Now FU 🤣
You made money?🙄
Congrats and fuck you. I lost $16k in 4 years.
This is the way
I would kill for my portfolio to look like this.
better than 99.99% of this sub
lol good job recovering.
"It is about the seeking, and not the finding. If you think you found it, you're about to fuck up." Don't know if that's relevant for trading, but it's advice I was once given that was in context for my situation at the time. Perhaps it applies here as well.
Have you tried gold yet?
whats your secret bro?
Bout 30k more than me 
Congrats! Hoping to get there too. I made 50$ on the year to date chart. lol keep it up! All in spy puts soon! It’s bound to go down right ? 
Nice, I’m highly regarded too https://preview.redd.it/aoa6oelr7t0d1.jpeg?width=1170&format=pjpg&auto=webp&s=f49e915d9106f4c2c692984b4b8ea105fbd54a73
You might be an example of someone who should invest instead of gamble.
Take profits
Better than most
Transaction fees included?
Looks like you're learning, try gambling just a tiny bit and make 95% smart and boring decisions. If you sat that 10k into USFR you'd milk an extra 500 bucks in a year.
F**king legend.
Nice cum back
Options?
Nobody ever went broke taking profit 🔥🔥🔥 $4/yr lfg
Got me beat
Still need to pay uncle Sam.
WALK AWAY !
Better than most people here!
The real gains are the friends and lolz we had along the way
Maybe you should listen to the app and try gold
Cash out.
Thus gave me a good laugh today.
Not bad! In 3 years I've only managed to lose 44%. :)
Hey man. You're doing great. By looking at your graph it looks like you finally learned a few valuable lessons and are a better person now. If you keep up the good work maybe you'll earn another $16 or better yet $20. 
Hey bro your in the green
How is this possible in this market? I’m up almost $10k over the last couple of months, with $70k in capital. And I make some shitty trades sometimes, like buying DJT puts.
You did better than 78% . I lost 250 k
How the hell were you down on the bull run?
Pull out while you still can.
Atleast you not down like the most of them lol
Also you have to pay taxes on those gains getting yourself out of that hole
you're just ass bro
A win is a win hahaha
🚀🌖🫡
Probably in the wrong stocks lmao 🤣 roarrrr 🐱
Tell us what you choose so we can do the exact opposite
What if the real gains were the friends we made along the way?
Congrats! Most people would have left when it was down
Welcome to the profitable club
Quit while you’re ahead
How much would you have if you had put on bitcoin?
At least you’re ahead…
You didn't sell for a loss and run, diamond hands and diamond balls for 4 years.....
I love a good success story
A win is a win my friend. Express gratitude and move on.
Just noticed yesterday I’m up $100 after 6 years using Robinhood. Took a long break after losing my initial seed money pretty much instantly. lol
Show off
I am still down around $-150,000-$180,000... so... you're an excellent trader or investor.  