• finitebanjo@lemmy.world
        link
        fedilink
        arrow-up
        8
        arrow-down
        3
        ·
        2 days ago

        No, it wouldn’t. 2k would have been. Buying at the all time peak is ALWAY a stupid buy, idc if it does take off after.

        Like playing the slot machines hoping for a jackpot.

        • tomi000@lemmy.world
          link
          fedilink
          arrow-up
          1
          arrow-down
          2
          ·
          19 hours ago

          ‘Tell me you know nothing about the stock market without explicitly saying so’

        • UnderpantsWeevil@lemmy.world
          link
          fedilink
          English
          arrow-up
          11
          arrow-down
          1
          ·
          edit-2
          2 days ago

          Buying at the all time peak is ALWAY a stupid buy

          If you bought NVIDIA at $43/share on September 1, 2023 you were an absolute dipshit.

          If you bought Palantir at $35/share on January 29, 2021 you were a total moron.

          Meanwhile, Bear Stearns at $60 in March of 2008? A fucking steal. Buy! Buy! Buy!

          Like playing the slot machines hoping for a jackpot.

          I always read the prospectus on a slot machine before I put money in. Strangely enough the p/e on these things is amazing, but I never make any money on my trades.