Recent comments in /f/wallstreetbets

jrolumi t1_j9m02oz wrote

Got to be honest that’s not a good argument. People bought houses in 2008 because it’s “the American dream”. Then the market crashed & people lost everything. There’s risk in these things. Totally agree that there needed/needs to be way better education in what you’re getting yourself into with college debt & such.

The system is very broken. But why not solve the broken issues now? Even you’re saying let’s just throw money at it now & figure out the rest later. The issue is still going to persist

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What_Yr_Is_IT t1_j9lzj9w wrote

The next 10-15 years of students are coming Into the college conversation much later than the students of 10-15 years ago. Back then, we were told we needed it. Students today and the future students of tomorrow have much more history to look back on to make an “educated” decision on whether it’s a good idea to go or not.

$10k could halve some borrowers debt, at the bare minimum it would lower payments.

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robbinhood69 t1_j9lyvzc wrote

Burryish

We will limit down soon

In alls eriousness minutes dont matter diddly squat, market waits for these things to make its move but these shits dont matter its nothing we havent heard

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Moist_Lunch_5075 t1_j9lwdoc wrote

Likewise!

I'll try to put something together on how I think about trades. There are lots of trade structures out there, I could probably spend the rest of my life experimenting with all of them, but have done enough to have a decent understanding.

Where are you starting from? What kind of trades have you done and what were your best ones?

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Moist_Lunch_5075 t1_j9lw22o wrote

I think we've had this convo before but I feel like this one was more productive. I don't remember specifics from before, but now is what matters hehe.

Yeah, this game is hard. We can all learn from each other with an open mind.

Let me know what you come up with for an alternate plan. It can result in cognitive dissonance to plan both sides, but the stress is a LOT less when you have an exit plan.

The trick is to put enough risk on the table so that you don't get shaken out easily, but that's a process that people have to go through to find their own appetite for risk. If you just want to put everything on the table and say "down or bust," cool... but just be aware that "bust" is a real possibility. LOL

It's really about being honest about the risks that we're taking.

And my advice is to be critical and check everything. Including what I say. Don't trust ANYONE in the market. Everyone's playing their own game.

You're a good dude, and I appreciate this conversation and your honesty.

Have a great weekend!

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