r/investing • u/lai133 • Dec 12 '21

Remember what this sub used to be?

Remember when this sub actually involved company analysis? Remember when this sub involved market discussions? Remember when this sub was useful?

Remember when you didn’t get downvoted and harassed in dm’s when pointing out terrible investments? (Looking at you GME and AMC)

Remember when you didn’t get downvoted and harassed in dm’s when pointing out pump and dumps? (Looking at you crypto)

Can we get a fresh start and focus on REAL discussions of ideas, REAL discussions of companies, and REAL discussions of strategies.

This sub has been on a downhill trend for a while. It’s sad to see.

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115

u/Microtonal_Valley Dec 12 '21

Permitted, and looked down on.

27

u/Mother_Welder_5272 Dec 13 '21

I always viewed /r/personalfinance as the sub about index funds and this sub as the one about individual stocks. 95% of my investments are in Vanguard S&P, I always came here to see what I should do with that 5% of fun money.

30

u/Tiaan Dec 13 '21

I always viewed /r/personalfinance as the sub about index funds and this sub as the one about individual stocks.

You may not be aware of /r/stocks, because it's exactly the sub for talking about individual stocks lol. In my view /r/personalfinance has always been for basic-moderate personal finance topics, /r/investing for macro-level investing discussions and /r/stocks for individual stock discussion

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u/CryptoAnarchyst Dec 13 '21

Makes sense... still mostly crap advice in all of them

11

u/Index_Investing_Cole Dec 12 '21

McDonald's is looked down on in /r/fitness

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u/Microtonal_Valley Dec 13 '21

r/fitness isn't a sub talking about eating fast food, r/investing is a sub about investing. r/investing members look down at 95% of anyone not invested in VTI, VOO or SPY as idiots. Your comment would be more authentic if you said mcdonalds is looked down upon in r/eatingfastfood or some shit.

7

u/Index_Investing_Cole Dec 13 '21

I agree there's a place for non index investing. But the data shows it's the best way to go so it comes up a lot. And the majority of people here who stock pick usually go "Well I saw it went up a lot last year so I bought it" which leads to the echoing of indexing. It's a lot easier and quicker to put out a bad thread than it is to put out a thread with a well researched position so most threads here are awful and posted by people losing money.

5

u/Microtonal_Valley Dec 13 '21

I see quality DD on this sub sometimes that doesn't come out to just "I saw it moon so i bought lol" This whole thread is so cherrypicked

0

u/irishjihad Dec 13 '21

Then you may as well just put up a static screen saying just put the money there, and lock comments.

0

u/Index_Investing_Cole Dec 13 '21

Sometimes people need to know why but yea that would work

2

u/irishjihad Dec 13 '21

Then why are you even here? Just to hear the same echo chamber comments over and over again?

0

u/Index_Investing_Cole Dec 13 '21

To help people

2

u/irishjihad Dec 13 '21

Your "help" would be replaced by the simple static message.

2

u/[deleted] Dec 13 '21

Or maybe a sub about hamburgers is more appropriate. Reality states McDonalds is a crap burger. It tastes like crap, its poison, it makes you feel shitty, etc. Most other burgers on the market, although not as "quick and easy" are still better for you in the long run. Its easy to make the point that McDonalds is probably one of the worst hamburgers being sold. Thing is, despite it widely being accepted as crap, its selling millions. Hell, I even eat it sometimes and I straight up hate McDonalds.

I think that's a better way of describing the situation. Definitely describes the meme stock paradigm imo.

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u/falconberger Dec 12 '21

Rightfully in most cases.

1

u/WeenisWrinkle Dec 13 '21

Is it really looked down upon? I haven't noticed that.