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submitted 4 months ago by TheImpressiveX@lemmy.ml to c/asklemmy@lemmy.ml
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[-] FlashMobOfOne@lemmy.world 6 points 4 months ago* (last edited 4 months ago)

Didn't get "rich" per se, but I got in on dogecoin when it was at a penny, missed the peak, and ended up selling in the 30 cent range. I also picked up a ton of oil stocks in March 2020 when it bottomed out that I later sold for more than 15x their original value.

The irony is that I invested in dogecoin because Robbing Hood locked down investments into Gamestop. I didn't realize that would be such a lucky development at the time.

Those investments paid off my student loans and got me a down payment on a condo. I still have five-figures in my investment account that I'm growing into early retirement. My current focus is gambling stocks, in large part because every election year it seems like there's a smattering of states legalizing online sports betting. (MO and NE have it on the ballot for this year.)

Not fuck you money or 'rich', but life-changing.

[-] JusticeForPorygon@lemmy.world 3 points 4 months ago

Bro you got the "what could have been" ending

[-] FlashMobOfOne@lemmy.world 3 points 4 months ago

I didn't quite get that but I am in a way better place than I expected to be thanks to those choices.

[-] GlennicusM@beehaw.org 5 points 4 months ago

I don't know about rich, but my household would be much more well off had my biological mother not been a mentally unstable gold-digging asshole.

[-] roux@hexbear.net 4 points 4 months ago

Idk how well this would actually sell but years ago in my early 20s, I came up with the idea for a beer coozie for 40oz bottles.

40s are great if you are poor and want just enough of a buzz but unless you chug them, they get warm halfway through. Which is also why 12oz cans/bottles are probably also more appealing.

Just a big ass coozie to keep your Bud Ice cold in a Sunday afternoon of porch drinking.

[-] Coskii@lemmy.blahaj.zone 3 points 4 months ago* (last edited 4 months ago)

I played the stock market game in grade school and noticed this one stock, BRKHA that was moving thousands of dollars daily (and was occasionally dipping into the hundreds). Considering the others would only move a fraction of a dollar daily it was a goal to get one share for the game. I did and ended up winning.

I should have tried to pressure my parents into at least one share. By the time I was 18 it would have been worth 70k, and these days it's up to.. Nearly 700k per share.

I would've likely sold it on my 18th birthday and been able to languish a bit longer than I did. All in all it wouldn't have been worth doing.

[-] rbesfe@lemmy.ca 3 points 4 months ago

I bought 100 shares of Gamestop when it was $4 in November 2020 and sold at around $10

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this post was submitted on 26 Aug 2024
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