Why are there so many elite stock traders on Tik Tok?
Am I the only one who gets my feed filled with 12 year olds telling me what stocks are "good buys" during the coronavirus? Some including but not limited to: all cruise lines, gas/oil companies, and various retail companies.
Sure buy low sell high, but you can't just bet on every sector that has crashed immensely to come back. The volatility is insane right now and will continue to be for the foreseeable future. Unless your long on all of these stocks you won't see any real returns, in fact, you might see some of these stocks go to zero.
These kids are like aliens though, why should I listen to someone who has not graduated high school for stock advice? And maybe a better question why do they think anyone would take their word for it?
When I was these kids age I was using my time playing endless amounts of video games and playing sports with my friends like a normal kid. Someone tell these kids to enjoy your childhood.
Exhibit A:
Sure buy low sell high, but you can't just bet on every sector that has crashed immensely to come back. The volatility is insane right now and will continue to be for the foreseeable future. Unless your long on all of these stocks you won't see any real returns, in fact, you might see some of these stocks go to zero.
These kids are like aliens though, why should I listen to someone who has not graduated high school for stock advice? And maybe a better question why do they think anyone would take their word for it?
When I was these kids age I was using my time playing endless amounts of video games and playing sports with my friends like a normal kid. Someone tell these kids to enjoy your childhood.
Exhibit A:
Comments
Post a Comment