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this post was submitted on 15 Sep 2023
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Asklemmy
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Not a massive expense. Turned 500 € into 250€. Learned a lesson nonetheless.
I followed the GameStop (GME) hype to late and halfed my money in 4 easy steps. Follow and don't repeat.
There's an old saying that "Time in the market will always beat timing the market."
You just didn't hodl long enough ;)
Stock market is all gambling. You just gotta choose a bunch - some indexes, like Dow/S&P, some bonds, and then a few stocks you "like". Then hold them for decades, and check in only a couple times a year. Otherwise you'll most likely lose money.
VTSAX and chill