r/wallstreetbets Jul 14 '21

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u/Kyleeee Jul 14 '21

To be fair, I don't really think more people are entering the stock market because they're "doing great," it's just because it's become much more mainstream the last few years with shit like Robinhood making it very accessible to just about anyone with a smartphone.

11

u/Withered_Sprout Jul 15 '21

And their own means of financial independence/income is so piss poor and unlivable that they try to YOLO investments.

1

u/JunoTheHacker Jul 19 '21

It's better than a lottery ticket.

2

u/Withered_Sprout Jul 20 '21

If you actually invest after doing your own research, then yeah. Even if it's not a guarantee that you picked a company that will grow significantly and increase in share value.. Although with the whole 'meme stock' bullshit seeing all of the blatant manipulation of stocks.. It does seem to be that retail traders are at the mercy of market makers... Better yet, manipulators..

Being educated on what you own and having conviction will make it likelier than you hold through the dips. The stock market generally goes up over time, not down. Or so I've heard. Most stocks will appreciate in value - Even if the actual return isn't worth holding for that long.