/r/wsb autists taking on a wallstreet hedgefund. Elon musk involved as always / wallstreetbets / gamestop - Gamergate 2: financial boogaloo

[Mr._Blonde]

They brought Gamestop stocks and made the Hedgefunds assholes tap out? And they're doing this high risk gamble for the LOLs and memes? I love these crazy madlads already.

This is going to be an interesting year.

 

[Kulee Baba]

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This faggot is saying that redditors taking risks is a bad thing but hedge funds taking risks is good (and getting their ass handed to them as a consequence of their actions is bad)? Get fucked.

Something tells me the guys who just made fortunes are gonna be having a lot of sex.

 

[Philosophy Phil]

What did the reditors do that was illegal? They just gave each other advice about what stocks to buy using publicly available information as much as any economics talking head on tv?

Not rhetorical im actually wondering because im new to this.

If the goyim win at the expense of Jews, then it is illegal.

 

[StudMccool]

Yes, because Holocaust Remembrance Day is marked in a big red circle on every Nazi's calendar.

so your telling me every kiwi doesn't have Saturday, November the 20th circled in the brightest glowiest marker possible?

Spoiler

 

[Non-breath oblige]

Good to know, like I said just started one and know absolute jack about them. still a bit uncertain about contributing during a crash since it seems like a bit of a gamble whether or not a stock will recover or go under. Worse comes to worst I guess I can always bitch out and go with mostly bonds and stable value funds

Im not a financial advisor. This is all info I was told. I can not speak to how valid it is.

Also put money in. Doubly so if your company matches contributions. Increase the percentage of how much you put in as you get raises. Go with the risky stocks while you're young

Disclaimer: Not a financial adviser, just my own personal opinions from lurking /r/personalfinance when I was a young lad clueless on what to do with my paychecks. YMMV. Not responsible for losses, yada yada yada.

If your company's plan has a target date 2055/2060/2065/20-whatever-year-you-hit-retirement-age retirement fund and the expense ratio (ER) isn't like 0.5% or higher (basically % they take from your account for "management fees"; the ones from Vanguard/Schwab/Fidelity are usually pretty low), then you can more or less just dump it in there and forget it since the fund will rebalance stocks and bonds in its portfolio appropriately for you as you get closer to retirement age. If not, going the Boglehead 3-fund portfolio route is fine too, again making sure the funds have a low ER. There's also the (100 or 120 - age)% in stocks, rest in bonds route.

Always try to contribute enough up to the company match if they offer (it's free money), then try to max other tax-advantaged accounts like a Health Savings Account/HSA (if offered, $3600 max for this year) or ROTH IRA ($6000 max for this year) as best as you can, then try to max 401k ($19,500 max for this year).....again as best you can given your current financial situations. It's not the end of the world if you can't max it all because almost 90% of people usually don't anyway. Speaking of savings, if you don't have an emergency savings fund of around 3-6 months expenses, its best to prioritize that first.

 

[Beavis]

Countdown until Brianna Wu connects this to Gamergate in 3....2...1.

Wasn't Brianna discovered by Frank at a GameStop?

 

[Reactor]

It is nice to see a fair number of people online understanding how stupid it is to compare this to GamerGate or to any other "white supremacist" insurrection.









You gotta love journos and how they talk in the most basic of similes. So basic that you could easily substitute Harry Potter and Voldemort in or some other equally common piece of pop culture

 

[draggs]

This is going to be an interesting year.

"Have we started a stonk, brother?"

"Yes. The stonk rises."

Insurrection LARP 2021, two sabotages on telecommunications infrastructure, Gamestonk...

And January isn't over yet. 2021 is just getting started on weaponized autism let loose on the home front, worldwide.

 

[Jet Fuel Johnny]

Wasn't Brianna discovered by Frank at a GameStop?

Brianna was trading in her joystick for a WW1 Trench simulation.

 

[Ethereal Eye]

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You gotta love journos and how they talk in the most basic of similes. So basic that you could easily substitute Harry Potter and Voldemort in or some other equally common piece of pop culture

Gamergate Derangement Syndrome is such a sad thing to have. Crying and screaming your eyes out every single day because the little nazi neckbeards live in an entire village in your head free of mortgage.

 

[Andy Bandy Man]

Brianna was trading in her joystick for a WW1 Trench simulation.

That's pretty autistic

 

[Paladin Derich]

It sucks that the KFC console isn't out yet.

 

[Ita Mori]

I keep telling people - the enemy of the super-wealthy isn't the poor. The poor have little power and what they do have they're afraid to use. The enemy of the super-wealthy is the Middle Class. That's who really scares them.

I disagree partially.
The middle-class may have the means to finance a resistance, but it's the poor and the fed-up with nothing to lose who will put the blade to their throats.

 

[m4sk]

I'm too stupid for this shit. When do the McDonalds workers rise up?

 

[Full Race Replay]

I disagree partially.
The middle-class may have the means to finance a resistance, but it's the poor and the fed-up with nothing to lose who will put the blade to their throats.

This is why the banks want to pit us middle class and poor people against each other.

 

[Shakka Ahmose]

It is nice to see a fair number of people online understanding how stupid it is to compare this to GamerGate or to any other "white supremacist" insurrection.

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You gotta love journos and how they talk in the most basic of similes. So basic that you could easily substitute Harry Potter and Voldemort in or some other equally common piece of pop culture

the founders of robinhood are evil gamergate misogynists and anti-semites. shut it down

 

[Bongocat]

So what you're saying is... state mandated girlfriends to help the economy.

Maybe but 15% would be mandatory trannies so there's a good chance you'd get the long end of the stick.

 

[haha fune sex numbr]

"Have we started a stonk, brother?"

"Yes. The stonk rises."

Insurrection LARP 2021, two sabotages on telecommunications infrastructure, Gamestonk...

2021 is just getting started on weaponized autism let loose on the home front, worldwide.

Autists, 2015: "hehe, tv man become presidont"
Autists, 2021: "hehe, im buying ohio"

 

[Reactor]

We made history, motherfuckers.

Speaking of history,

 

[world of shit]

>tfw just set up a 401k through work a week ago and reddit might crash the stock market in a few days.
fuck me...

You'll be okay. Just make sure to put in as much as you can comfortably, especially if your company will match.
If you want some long-term low maintenance stocks, Index Funds consistently outperformed 98% of mutual funds. Put them 'em and forget them for a few years. It's better than your money sitting in the bank and losing value due to money printer.
But before all that, make sure to reasonably pay off your debts and build up a nest egg savings for emergencies.