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Buddy, bro, my pal, finance friend.
Nvidia went up 350% over the past year. You should have written a fake story about videogames.
My mom around 8 months back went to Micro Center, Denver.
She needed a new graphics card. The salespeople there urged her to buy the brand new Nvidia 4090 for $1500.
She used to get free AAA games with purchase, now that was withdrawn
"capitalism is a horrible system that tried to bankrupt my family though medical expenses.
But don’t fight it, support it by giving them your money anyway, and then any that you earn after that.
You are a fool of you don’t buckle to the whims of big business"
“support it via ✨️ g a m b l i n g ✨️”
Bruh, it’s not gambling if you know you’re gonna win *taps forehead meme*
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Be on the forefront of the revolution!
Which means posting snarky memes
What’s extra annoying about this is that in his story, his mom gets screwed over by the hospital so rather than thinking to complain or go elsewhere he thinks ‘yah im gonna invest in that’. Investing in bad actors like that just reinforces their shitty behavior.
Are you fucking joking that a hospital is on the stock market? I know, its the company that owns the hospital, but its still fucked up. Should not be allowed.
Inflation (when considering the rise of cost of living): 6%
Returns of investment funds my bank offers: 5%
Disposable income to use for investing: 0Yeah, the math works out just fine on this one.
Well obviously, you should have just picked a better stock. Crystal balls aren’t really that expensive you know!
And you should have picked a better disposable income.
Yeah, rookie mistake.
Don’t forget to short the stock prior to the malpractice lawsuit when mom dies
Let me just reach into thin air and pull out some gold bars so I can buy some of these stocks too, asshole
Better figure out how to turn lead into gold, and quickly!. Alchemy revival, so haaawt this year!
Yes this is a wonderful idea when you live in a magical fantasy world where the vast majority of people do not have any ability to invest in any stocks whatsoever.
These idiots truly just actually think everyone is slightly different versions of themselves.
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So this is absolutely a capitalist horror story, but investing in stocks is one of the best long-term strategies to counter inflation. Just not so much in the short term like the OOP says, due to the heightened risk.
If you can’t beat em join em!
This is what I did with my banking fees…
I bought enough stock that the dividend covers my monthly fees. I reinvest the dividend so the yield keeps increasing. It’s a Canadian bank so it’s safe AF and not going anywhere and it’s up like 18%+ since I started the other year so I’m not going backwards there either.
Weird way to cover my fees but seems to be working.
This is a weird way to say “Things cost too much? Have you tried not being poor?”
I mean yeah. I also own a house and have set my life up in such a way that I can afford to live what most people consider a normal life.
I’ll be honest if you can’t afford ~$1,000 in savings. Which is the sum that it took to cover my bank fees in dividend returns then it’s not about being rich or poor, it’s about being poor with your financial decisions. I grew up poor. Literally bankrupt poor, moving from place to place as we ran from bills. I started paying for my own clothes at age 9 and foot the bill for my entire life since age 12. Having $1,000 in the bank is not just for rich people. I’ve had that in the bank since I was 15 years old. Sometimes it wasn’t any more than that, but even when I was living on my own with zero support and bills up to my eyeballs, there was still a chunk of money earning me money along the way.
Dad of 3 here, probably similar age to you.
I am well aware of how hard we had it growing up, and how much effort it took us to get anything put aside. I remember two hours travel for an extra hour of work at my second job, 3am finishes and 6am starts, and still work weekends, public holidays and up to 26 hours in a row.
I am also unfortunately well aware this is becoming the norm, and at least we had a few years where this got you a bit ahead. Its now not enough for many and I don’t know how then next generation will manage.
Life was never easy, I don’t know when the story it was got sold to people. At the end of the day, if you can’t scrape together $1000, then shits beyond fucked up and tough decisions need to be made. I didn’t take a vacation for like 15 years other than a long weekend so I could save up. That wasn’t even tough LoL, it was just life. That was the norm around me and I expect it to continue for many if not most.
