I’m most looking forward to investing in stocks.

  • Bonehead@kbin.social
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    1 year ago

    When I was 22, I wanted to get into the stock market. I found a website that gave you $200,000 in fake money to “invest”, and showed you how much you would make or lose over the time you “owned” the stock until you “sold” it. I lost $62,000 in the first week.

    All I’m saying is do your research and invest wisely. Or just do whatever Warren Buffet does.

        • Bonehead@kbin.social
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          1 year ago

          Not quite. I stopped playing around with buying and selling so much and stayed with a few well known stocks. I didn’t lose any more, but the growth was extremely slow. Hence the nature of the stock market. If you try to play it to make money fast, you really really need to know what you’re doing or you’ll lose a fortune.

      • Bonehead@kbin.social
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        1 year ago

        This was 20 years ago. I have no idea what site it was. I just googled “stock market simulator” and went to the first one that looked legitimate. Of course it was a little easier in 2003…

    • ttk@feddit.de
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      1 year ago

      You only “lose” money if you sell low. Dont do that. Our economy somehow relies on infinite grow, so make the most of it. Most stocks recover from crashes sooner or later.