After the sudden rise of GME, "regulations" are stepping in and forbidding trade. The "hot stock" values IMMEDIATELY DROPPED IN VALUE BY FIFTY PERCENT!
Intentional market crash is imminent.
After the sudden rise of GME, "regulations" are stepping in and forbidding trade. The "hot stock" values IMMEDIATELY DROPPED IN VALUE BY FIFTY PERCENT!
Intentional market crash is imminent.
I have a few hundred in some kind of managed mutual fund that I stick $25 a month into because I found out I could. I know not what else to do with stock markets from there.
That's something I've done too, in fact, it was a major part of my investing income. I pulled out of them solely because I'm expecting a total crash after this bullshit. I can invest in them again later.
Right now, it's just sort of a (second) place to put money aside in ... I also put another $25 into a TFSA (basically, a tax shelter for poor people, that a lot of folks seem to misunderstand and confuse with those rip-off things that punish you for taking your own money, like RRSPs and GICs.) It's fluctuating, but not so much that I'm worried about what I sunk into it. Yet.
But I only know about it because of a casual question about investing I made at my bank, and that's what they sold me. I haven't a clue how to get into stocks or how much you need. And yeah, it always sounded like gambling to me, and I've never been much for gambling, because if it weren't for bad luck, I'd have no luck at all.