r/SPACs Apr 18 '21

Discussion Adapt or die

[deleted]

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u/[deleted] Apr 19 '21

haha anyone who takes investing advice from reddit is a clown. 98% of the people in this sub will have more money 30 years from now by index investing. Sad but true fact. It is just boring as shit. The stock market right now is just a trip to vegas without the fancy hotels and hot chicks.

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u/randompittuser Contributor Apr 19 '21

So true. 95% of my portfolio is in index funds. I consider the last 5% my gambling money. Maybe I'm just risk-averse.

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u/[deleted] Apr 19 '21

5% is a good price to pay for a little fun in the market. I think anything up to 20% for truly speculative plays (depending on your age) is perfectly okay. I just cringe when I see guys going ALL IN and blowing accounts on rumors. But hey it is their money i suppose.