It's true though. I think the F.I.R.E. strategy is kinda weird, but could theoretically work. Unless we have an absolute crisis in 20 years, where droughts happen and millions have to flee their country to survive. Not looking forward to the future tbh if people can easily be manipulated to not wear masks.
I've been in share market for less than a year and know all these types of people. It's necessary to know because each one is trying to undercut/outdo the other but also help each other in some way or another.
"They figure that they are only gambling with their future - so nothing to lose anyway." This has never been more true than now with the GME short squeeze.
ammo is far easier to carry in large quantities and reloading is simple enough that a 30 minute RUclips video on it will learn you the basics easily, not to mention that guns are many times more effective than bows, bow hunting is EXTREMELY difficult compared to hunting with rifles or shotguns, as someone who's done both I've killed 4x as many deer with guns than with bows
I teach finance and investment courses at a university and I admit: You nailed it. It is exactly like that. I laughed so hard and I might make this video mandatory for my students.
your students would think you're really cool if you do that. Personally, I'd love a professor that makes me watch casually explained videos, it would seem to me that he's not actually a cranky hermit I assume all professors are.
No mention of all the DD that happens though. Super groundbreaking stuff like: Tesla had 5 letters, letters are part alphabet, alphabet is Google's parent company and that's up 20% since Jan therefore short Tesla
"I can get rich if I can just find a place to store 3 warehouses full of oil barrels for about 8 months when the price rebounds. Maybe they'll fit in my backyard and nobody will be bothered by them." -Some guy on r/Wallstreetbets
“Their trading strategy is ‘don’t fuck with the mouse’ and ‘get into a stock after it’s already gone up 20% in the last three days’” jfc didn’t realize this was a personal attack video
@@degla232 It's not a terrible idea but don't expect Delta to go back to normal for another year or so. Gold mining and bitcoin mining companies are on the rise right now so if you're looking to make a (decently) quick buck I would suggest those two industries.
Stocks extended their year-to-date rally following the CPI report, with the S&P 500 last up 0.8% in afternoon trading. but I don't know if stocks will quickly rebound, continue to pull back or move sideways for a few weeks, or if conditions will rapidly deteriorate.I am under pressure to grow my reserve of $250k.
It's really hard to beat the market as a mere investor. It's just better if you invest with the help of a professional understands the market dynamics better.
Picking stocks is a risky thing to do, particularly for non-professionals. I learnt that in 2020, when I lost almost everything. But I switched to using a financial advisor and I've been returning at least $38k every month so I’ve been sticking to investing via an Advisor.
Vivian Carol Gioia' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
very much appreciated, your response suggests a person of benevolence.. just inputted her full name on my browser, and came across her site, top-notch qualifications! she seems well-qualified
just wait until you get attacked by insurance agents from highschool, all your OVB agents will burn your house down to prove that they are the real deal
‘They don’t keep gold or silver in a vault in their basement because that’s where they live, kept warm by enough GPUs to melt Greenland.’ The delivery and script in this is just brilliant, one day my laughter will be my death
They're way less confusing than you think. They want money and just watch Jim Kramer, press the buttons their friends are pressing and make phone calls until the number in their account gets bigger. That's about the extent of their thinking. And when there are a lot of them in one room, they have the power to enslave the leaders of public corporations into making decisions that are completely meaningless to the rest of society. The only people doing the really magical work are the quants, and they aren't even investors. They're engineers who design automated Finance majors that make investment firms money and don't take vacations.
@@arianbehnami1050 "TrumpKingsly first of all no, second of all, no, third no, and fourth no." That's exactly the kind of depth of thought I'm talking about. Nice to meet an investor, here on you tube.
@@arianbehnami1050 do you happen to know how big old companies and corporations are run, since they're basically owned by lots of stockholders and its all very nebulous and big corporations kinda run the world so it seems relevant to know. who gets to be CEO. if you were a group of bajillionaries who could purchase a sizable chunk of a mega corporation, then what? you get front row seats to the internal politics stage?
“They’re absolutely loaded but never buy anything bc if they sold bitcoin for US dollars, that would imply that bitcoin isn’t a real currency” - this me 😂😂😂
That's what I said about Tesla, and people are still sending me messages saying "that comment didn't age well..." I'm having trouble sleeping from all the investors who lost money reading my advice. Just imagine if I can sleep if I reversed my position now and told people to go buy Tesla and THEN it crashes?
@@exbladex99 Ugh, Tesla. I decided to pass on it in March (at around $700) because it had literally just doubled from around $300 in December and I was thinking it might be peaking, plus coronavirus uncertainty and the factory closures. Kicked myself hard at $1200, but had the exact same though. Now over $2,000...oof.
Dude were is your medal for this? Got both bachelor and master’s degree in finance but THIS is the best explanation of the stock market I’ve ever seen. Ps: you forgot the “Dividend Genius” 😏
If you have a beachelor and master's degree in finance and still aren't at least millionaire, you are most probably an idiot. Tells you who you may ask: a drop out in history, psychology and philosophy for teachers (self made multimillionaire by investing).
"while the stock market can only go up or down, there are endless ways to lose money..." Can this not be more true haha. From leveraged etfs to options to penny stocks
Curiously one of them is a multinational scam people use where arbitrary values are assigned depending on the time they are observed at and reflecting the other arbitrary and ever evolving values and the other is the stock market
And everyone wastes their time and makes bad decisions on the BS advice of a few people who are getting rich on everyone else's ignorance. Wait we were talking about astrology?
Miles that’s irrelevant here. And I think I’ll go with no if that’s okay. Worshipping characters from a fiction book just isn’t my favourite thing to do with my spare time if I’m honest.
These people are all amateurs. I made millions in minutes by just using an amulet coin and battling the elite four a few times with lv. 100s. Get on my level scrubs
Wore two golden rings and ran back and forth through a corridor breaking all the lamps. Someone keeps stashing bags of gold in those lamps for some reason.
3:03 "Quants. These are the MIT graduates with three Ph.D.'s who work with twenty other math geniuses on a specific machine-learning algorithm in order to front-run the quartz crystal in the Chicago Mercantile Exchange's internal twenty-four-hour clock by running a fiber-optic cable that's fourteen feet shorter than the closest competitor, thereby reducing the distance that light has to travel so he can arbitrage a quarter of a cent per bushel on soybean futures." Your degree is in Engineering... right?
Ironically, these no-nothing investors historically walk away with best returns 30 years later compared to everyone else. Even the tax system is behind their back(long term cap gain)
@@usaball9190 We are still very jealous of WSB YOLO bets gone really well, or the quants. We are boring, we know it, and we are not particularly proud of it.
Honestly it's not sophisticated and it's not particularly smart. But that's the entire point. You know you don't know enough to beat the market so you take the market return and beat the vast majority of people (including 75% of hedgefunds) by doing so.
As someone interning in quant investment risk this is 100% accurate. One of the algos I’m helping with determines the portfolio return changes expected from a 0.01% change in the 30-day Treasury Bond
As someone who answers phones for a broker... every single one of these. All of them. Like this isn’t even parody, it’s just how it is. Also theta gang rise up
Aidan Anderson he called Lehman and asked if they wanted to add one too many zeroes. Lehman was one of the largest investment banks in the US (I think 4th behind Goldman, Morgan Stanley, and Merrill Lynch) and the dies during the 2008 crash. It was later found that they had been falsifying financial statements for years to look less bad than they were.
with that kind of attitude, yes you are. i'll have you know that i come from a poor immigrant family, not a single euro to my name, but now i have a 6-figure bank account. anybody can trade, it's honestly not that hard, just a little time consuming. all you need to start with is 100 usd (just work for 1 month). more is fine, but it's best to use more money when you have more experience (i started with 1k, but i realised i could've done what i did starting with less too) do your research, spend time, don't get discouraged if it doesn't work out in the beginning. that's all it takes to make money.
@@ProtoForte imo more money keeps u safe to not lose mind over losing your savings while starting. After u have learned u for sure could start with less.
I started with a little capital which have increased so much compared to what i was expecting, there's no time to decide whether or not. You can join pacesetters today it's great
It sounds like this Harry Okoli guy is trying to sell you something but you should really try to start investing for your future. Its actually quite fun when you get started. I go onto my app to look at my stocks and indexes every day because its pretty interesting. But if youre completly uninterested then you should probably look into just putting your money into the s&p500 or the nasdaq like the “investor” type
The idea of investing a significant sum of money may be both thrilling and intimidating. There seems to be potential for considerable wealth increase with the correct strategy. How can one take advantage of the present market to grow one's retirement savings over time?
Yes true, I learnt that in 2020, when I lost almost everything. But I switched to using a financial advisor and I've been returning at least $90k every one quarter of the year so I’m sticking to investing via an Adviser.
“Vivian Carol Gioia” is the advisor that oversees my portfolio. She's been able to gain some reputation and online recognition with over two decades in service, so it shouldn't be a hassle to find basic info.
this recommendation came at right time, very much appreciate it. curiously inputted her full name on my browser and found her site top search, no bs.. over 20 years of experience is certainly striking!
Just do big ass index funds. It's boring but reliable and lucrative in the long term. VTI/VXUS will serve you well. Or hell a target date fund if you want to be even lazier. If you want more in depth advice use a fiduciary (NOT a financial advisor, only fiduciaries have a legal obligation to act in your interest).
He really lives up to his name about casually explaining things. This is really enough foundation information to get you started in this specific area, it’s hilarious to boot.
I would rather be the guy with the charts and stuff making chump change since my fucking bank doesn't pay interest... okay it does... tens of thousands in savings and it pays not quite 50 cents. So.... yeah. I started scalping on crypto with chump change amount of about $2K never having more than a 75% in at any time... And I've been sharing to others at work... it's so me... not to look cool, but so that the other coworkers don't lose their money fomoing into stupid shit.... funny shit though, one who held the dogecoin (he put in $300 at about 3 to 4 cents) the longest is now up as much as I am LOL! He cashed out of $300 worth of his gains instead of 100% of it so he's now into other crazy shit. Our economy has turned into a pathetic train wreck steeped in cocaine and basted in meth over the past 40 years... and has ME and the younger z's are so fucked we just don't fucking care anymore... rents exceeding our annual pay raises... homes doubling in just a few years no way of ever buying... and student loan debts that to say bluntly with income base repayment plans and 20 year forgiveness... short of somehow making suddenly at least hundreds of thousands of dollars somehow; that student loan debt isn't gonna get paid off... it'll turn into a tax liability instead and at that point, I'm Jone Doe and skipped this fucking train wreck of a country... probably won't matter because by then most of us won't be able to afford rent and will be living in our car, tent, rv, or some make shift set of cardboard and 2b4's we call a fixer upper in some empty lot somewhere.
And by the end of the year, all investors say "this aged well" and then the others say it again and then investors do again and this keep happening over and over but in the end the investors are up 10-100x and the others still inflating so idk why people even bother
@@MrEaglenator Ah yes, you definitely should. Tsla is the most innovative company on the market. It’s going to reach a 4 trillion dollar market cap or more.
one of the dudes in the wsb discord tried to short 50,000 oats contracts in one move, The order got denied and immediately got calls from CME. All in all was an entertaining night
This isn't even parody, it's just actual observations. There's no way a person can make this video without spending some decent hours learning/investing.
"Time in the market, beats timing the market". I've never been read so hard in my life lol. If the second comment had been "The stock market is not the economy." I would've thought the video was made by literally looking into my brain lol.
And then there’s me. Buying a shit ton of stock in a company I heard of 20 minutes ago, watching the value spike, missing the target sale price because I have the attention span of a squirrel. Selling when it drops, because I panic, then making a grand total of 2%. Thats stonks baby. Lesson to the story kids. If you don’t wanna stress out about the market just buy aggressive ETF’s and let it ride. Life’s too short to have a panic attack over $200 in (buzzword-named company your parents never heard of).
Stocks are falling and bond yields are rising, but markets still don’t seem convinced the Federal Reserve will pursue plans to keep increasing interest rates until inflation is under control. I'm still at a crossroad deciding if to liquidate my $138k stock portfolio. What’s the best way to take advantage of this bear market?
Instead of liquidating your portfolio, you should try to understand personal finances and investing, because these will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I know someone who made over $350k in this recession influenced market, but to the best of my knowledge, it was through a financial advisor.
Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2019, and I return at least $21k ROI, and this does not include capital gain.
@@instinctively_awesome8283 Is there any chance you could recommend who you work with? I've wanted to make this switch for a very long time now, but I've been very hesitant about. I'll appreciate any recommendation_
@@PhilipMurray251 I really don't like making such recommendations, because everybody's situation is unique. But there are many freelance wealth managers you could check out. I have been working with MARIA ELIZABETH FILINDRAS for about four years now, and she's really, really good. If she meets your discretion, then you could go ahead with her. I endorse her
@@instinctively_awesome8283 I'll like to get through to her. And I think I have heard that name on the news before. Can't remember if it was CNBC. Any idea if she can transfer my already existing portfolio from another hedge fund?
I'M INTERESTED IN INVESTING MY CASH INTO THE STOCKS BUT VERY AFRAID OF DOING IT ON MY OWN BECAUSE I'VE LOST A LOT...BUT I SEE SO MANY INVESTORS DOING GREAT IN CRYPTO INVESTMENT, PLEASE CAN SOMEONE GIVE AN ADVICE ON WHAT TO DO.
Most newbies fail simply because they don't understand how the market works in general or in particular how the market relates to stock or currency pair they entering. If a retail trades doesn't grasp what the market makers are doing and when they are doing it, the greatest strategy in the world will fall. For new traders the markets are like entering an F1 race before you've passed your drivers license test. I am a beginner I never believe I made $30,000 in just 1 week from trading and with the market. an expert financial analysis and he made me learn to read and understand the language of price action. He guides me with the exact time frame to trade and now I just received me first withdrawals of $30k in my bank account today I'm very happy, my advice is for you to contact him he will guide you perfectly well, and thank me later, I guess this is a good way to show my heartfelt appreciation for literally breaking the chain of my financial debit when I needed it
Lack of trading discipline is the primary reason for intraday trading losses it is estimated that nearly 80-85% of intraday traders end up losing money in the stock market Experiencing loss is also part of the game but that don't mean you should give up. my advice to new beginners and busy investors who have little time to monitor their trades is to trade with professional expert on profitable platform
@@richardwilliams4288 This is a refreshing coincidence her services is amazing. My first investment with Investor Mrs Sofia Ryan gave me a profit of over $51,000 ever since then they have been managing my portfolio so well
@@ahmedmark5030 Really!!! you met her too? But we met in a trading program in England,l even thought am the only one she has helped through the fear of forex trading..I invested £11000 and had a profit of £98000 in a space of 4 weeks
The rich stay rich by spending like the poor and investing without stopping then the poor stay poor by spending like the rich yet not investing like the rich
"They figured that they're gambling with their future, so nothing to lose anyway"
Just like that he roasted the whole GenZ lmfao
Not a roast if we all know it's true.
@@DK12_ exactly
@@DK12_ found the GenZ guy
The way 2020 is going i dont think there will be future for anyone
It's true though. I think the F.I.R.E. strategy is kinda weird, but could theoretically work. Unless we have an absolute crisis in 20 years, where droughts happen and millions have to flee their country to survive. Not looking forward to the future tbh if people can easily be manipulated to not wear masks.
"They figured that they are only gambling with their future, so nothing to lose anyway."
Damn, i love this man
@James Volk thanks UN
Cring
This man has either some type of experience in almost everything imaginable or is really good at doing a shit ton of research
I manage a trade desk and I was actually extremely impressed. Some of my new guys wouldn’t even have kept up with this and they’re in the industry 😂
Both!
I've been in share market for less than a year and know all these types of people. It's necessary to know because each one is trying to undercut/outdo the other but also help each other in some way or another.
Its missing insider/professional information. Like nowadays penny stock trader #2 is a crypto scammer/shiller.
exactly!
"They figure that they are only gambling with their future - so nothing to lose anyway." This has never been more true than now with the GME short squeeze.
@Asim Malik Yo Asim, I won't read that bs
@Asim Malik lmao emojis
@Asim Malik MDMA was invented by a guy from Dow Chemical
y u guys responding to a bot?
glad am not a trader! phew!
I just wanted to say - shotgun shells are one-time use, arrows can be reclaimed. Thank You.
Kill a boomer
Take his shit
Profit
You may have to remake the arrowhead if it gets stuck, though.
If you have some machinery, you can reload shells from rifles or pistols. If you're crazy (and the right gun), you can use brass shotgun sells
ammo is far easier to carry in large quantities and reloading is simple enough that a 30 minute RUclips video on it will learn you the basics easily, not to mention that guns are many times more effective than bows, bow hunting is EXTREMELY difficult compared to hunting with rifles or shotguns, as someone who's done both I've killed 4x as many deer with guns than with bows
yall forgetting supersonic air rifles . you can fit 100+ pellets in your pocket.
I teach finance and investment courses at a university and I admit:
You nailed it.
It is exactly like that.
I laughed so hard and I might make this video mandatory for my students.
Please do, I always loved when profs were “up-to-date”
@@lukamagicc one of mine is a twitch streamer send help
your students would think you're really cool if you do that. Personally, I'd love a professor that makes me watch casually explained videos, it would seem to me that he's not actually a cranky hermit I assume all professors are.
Me 2. But to my friends. xD
You will get fired for bullying the students who invest in crypto
"FIRE is the polar opposite of wallstreetbets because anyone that does this has to have an income" *absolute destruction* 💀💀
Twas a hearty laugh
Lmao
@Windigo Jones that would be funnier because no one on wallstreetbets has had any formal education
@@manaspradhan8041 False...kinda
This is the importante of "quotes of the video"
There's a lot of clever shit we end up missing. Thanks bro
GameStop: You ain't seen nothing yet
A turtle approved not seeing anything
@@TurtleChad1 why tf are you everywhere dude
@@satan4635 what we do when we're bored due to lockdown.
Came here cause of that
Their strategy is: HOLD THE LINE! DIAMOND HANDS! APES TOGETHER STRONK!!
“Wanna write 1 too many zeroes on a piece of paper?”
And thus, every economic crisis ever was solved
It literally can’t go tits up
@@coldcobalt1159 .-.
ColdCobalt
Ah, the tragic tale of 1R0NYMAN.
> JP Morgan
> Solving economic crisis
> Bruh.png
Indeed, sounds fucking lit bro
"Hey Lehman, wanna write one too many 0's on a piece of paper?"
"Sounds fcking lit bro"
LMAO
Sorry, I must be stupid, but I don't get it. Can someone explain?
@@manzijoel5224 I'd like one too
@@manzijoel5224 money printer goes?
brrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
@@manzijoel5224 ever heard of the 2008 financial crisis?
@@twistedsector I feel stupid now
Son: Dad, can I borrow ten dollars in Bitcoin?
Dad: Eleven dollars and thirteen cents? Why do you need to borrow eight dollars and seventy-six cents?
please, im dumb explain
@Sadia Nadim The actual USD value of bitcoin fluctuates wildly and pretty quickly. They are making a joke about that.
Dual faceted and layered. Very based
Dad: I cANt HoLD a BiTCoIn
It's the USD that fluctuates. Bitcoin stays constant :P
0:18 Ohh that Blackberry joke is extra funny in January 2021 😂
Technically it’s more of a software security company than phone but their phone did die
BB to the moon
hehehe laughs in 20% gain
blackberrys value lies elsewhere
physical keywords are the superior typing experience.
The r/Wallstreetbets explanation was perfect.
No mention of all the DD that happens though. Super groundbreaking stuff like: Tesla had 5 letters, letters are part alphabet, alphabet is Google's parent company and that's up 20% since Jan therefore short Tesla
@@PatrickHerberts the DD is better than 99% of the stuff on seeking alpha and other idiotic investment news
"I can get rich if I can just find a place to store 3 warehouses full of oil barrels for about 8 months when the price rebounds. Maybe they'll fit in my backyard and nobody will be bothered by them."
-Some guy on r/Wallstreetbets
@@MrTJPAS now that's DD!
He did forget to mention daddy JPow but yes, other than that, highly accurate
He's back but I understand why he was gone he had to learn all of this
He is a Wallstreetbets degenerate, he uploaded several funny videos on his 2nd channel
he would have gone on r/wallstreetbets anyways but decided to make the video
you could learn "all this" in 1 day from reddit, yahoo finance, and cold fusion videos lmfao. 50% of the commentary is straight outta wall street bets
He found a friend during the coronavirus.
Himself.
@@TDS1108Gaming Very deep Karen
Finally he's back
Lmao
Ikr
Can't wait for the next video in 3 months
He was never gone, just doesnt upload a lot
300th like
“Their trading strategy is ‘don’t fuck with the mouse’ and ‘get into a stock after it’s already gone up 20% in the last three days’” jfc didn’t realize this was a personal attack video
More like 1600 percent 😭
TO THE MOOOOOOOOOOOOOOOOOON
It literally can’t go tits up
@@williamwade9779found the benjamin fan
3:03 I love when he makes the characters angry at him for roasting them
Hahah too good
3:02
This video aged well
Indeed.
Lmao
lmao
İt's a year old
Like fine wine
“That would imply crypto isn’t a real currency” 😆 😆 😆
>:(
@@TewbBelrog angry cause it's true
just like gold is not a real currency, i guess :P
@@GabrielPettier It's not. It's a commodity worth less than paper with "100" written on it.
@@cruzgomes5660 _laughs in silk road_
WE LIKE THE STOCK
WE JUST DO
WE LIKE THE STOCK 🚀🚀🚀🚀🚀
DIAMOND HANDS OR NOTHING
I'm not 18 so can't even participate so sad I would have bought AMC
ITS JUST A GOOD STOCK
As someone who has studied and works in finance, this is impressively accurate. It all kinda sucks.
Everything kinda sucks lmao
@@captaincannabis3321 toads don't
@@JudgeDeadMJ mine do
Do you think investing in Delta Airlines after the pandemic is a good idea? I have 0 knowladge so no roasts pls
@@degla232 It's not a terrible idea but don't expect Delta to go back to normal for another year or so. Gold mining and bitcoin mining companies are on the rise right now so if you're looking to make a (decently) quick buck I would suggest those two industries.
"And when we needed him most, he vanished."
BUT THEN HE CAME BACK
With a voice an octave lower, or is that just me?
I make about 15 cents everyday (mostly) on the stock market.
You too, could be a big baller like me.
Big movez
can relate
Teach me🙏🏽
Look at Captain Moneypants over here.
My life story ^
Stocks extended their year-to-date rally following the CPI report, with the S&P 500 last up 0.8% in afternoon trading. but I don't know if stocks will quickly rebound, continue to pull back or move sideways for a few weeks, or if conditions will rapidly deteriorate.I am under pressure to grow my reserve of $250k.
It's really hard to beat the market as a mere investor. It's just better if you invest with the help of a professional understands the market dynamics better.
Picking stocks is a risky thing to do, particularly for non-professionals. I learnt that in 2020, when I lost almost everything. But I switched to using a financial advisor and I've been returning at least $38k every month so I’ve been sticking to investing via an Advisor.
I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
Vivian Carol Gioia' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
very much appreciated, your response suggests a person of benevolence.. just inputted her full name on my browser, and came across her site, top-notch qualifications! she seems well-qualified
Do Casually Explained: Multi-level marketing.
That'll hit some nerves.
just wait until you get attacked by insurance agents from highschool, all your OVB agents will burn your house down to prove that they are the real deal
Pyramid schemes.
I market live forex pyramid schemes
Been done to death
Glad i never went through with it instead im possibly throwing my savings away in a bunch of Option contracts sounds legit
‘They don’t keep gold or silver in a vault in their basement because that’s where they live, kept warm by enough GPUs to melt Greenland.’
The delivery and script in this is just brilliant, one day my laughter will be my death
"Buy high, sell low" is my motto
Big Brain
@Viral Hogs Billions in Debt
cek0 still a billionaire tho
@@FuttBuckerByMutt *Your debt collectors wants to know your location*
stonk
This got recommended to me again. Right as this Gamestop shit is going on again. Nice work, algorithm.
I think you can do the math as to why is recommended again
Jokes on you guys, I have a relative who live in Nigeria and he’s going to send me a million dollars because I gave him my bank information😤
And you got yourself scanned congrats 👏👏💯🧠
I know it's a joke
bro, where do I send my info, I want too
@Miles is he a Nigerian prince?
@Miles sorry, i believe in satan
This guy definitely lurks WSB on the reg lol
100 agree 😂
He’s an active poster, he’s posted content there before.
Not a lurker, he posts
Ryan Mathis what’s username
What is wsb?
Theta gang is the embodiment of picking up pennies in front of a bulldozer
Not black swan optimal for sure. No money ultra safe, all money in black swan risk
Tell that to AAPL and TSLA call holders
Yeah but sometimes those pennies are made of platinum and gold
this guy trying to be smart. the guy over there put their money where their mouth is. do you?
Miles positions or ban
$BB 🚀 🚀🚀🚀🚀🚀🚀🚀🚀
Come 1/29 it’s gonna 🚀🚀🚀🚀🚀🚀🚀
SUNDIAL TO THE 🌕🌕🌕
$GME 🚀🚀🚀🚀🚀🚀🚀🚀🚀
$ _TETH_ .exe
AMC 🚀 🚀 🚀
I'm a financial advisor and the Wallstreet part is actually extremely accurate. Love it
I will write one too many zeros in your wifes total weight
@@HarshRajAlwaysfree what are you 12
@@adamzeggai5506 120
@@HarshRajAlwaysfree ok weeb
Sounds fuckin’ lit, bro!
Also known as: people who are interested in stuff that confuses me
They're way less confusing than you think. They want money and just watch Jim Kramer, press the buttons their friends are pressing and make phone calls until the number in their account gets bigger. That's about the extent of their thinking.
And when there are a lot of them in one room, they have the power to enslave the leaders of public corporations into making decisions that are completely meaningless to the rest of society.
The only people doing the really magical work are the quants, and they aren't even investors. They're engineers who design automated Finance majors that make investment firms money and don't take vacations.
Are u confused by me?
@@arianbehnami1050 "TrumpKingsly first of all no, second of all, no, third no, and fourth no."
That's exactly the kind of depth of thought I'm talking about. Nice to meet an investor, here on you tube.
@@arianbehnami1050 do you happen to know how big old companies and corporations are run, since they're basically owned by lots of stockholders and its all very nebulous and big corporations kinda run the world so it seems relevant to know. who gets to be CEO. if you were a group of bajillionaries who could purchase a sizable chunk of a mega corporation, then what? you get front row seats to the internal politics stage?
It's simple buy low, sell high
I can't wait for *Casually Explained:* *2020*
“They’re absolutely loaded but never buy anything bc if they sold bitcoin for US dollars, that would imply that bitcoin isn’t a real currency” - this me 😂😂😂
Bet you feel like shit now.
@@moe583 You can literally comment this on every cryptocurrency dip and you will forever be wrong as time goes on.
@@Discounted You are trying to start one of those classic youtube comment section arguments I see.
@@moe583 btc is like 20% from ath now all im saying
@@moe583 Bet you feel like crap now.
“And buying into a stock that’s already went up 20% in 3 days..”
LMAO
I felt attacked 😂
That's what I said about Tesla, and people are still sending me messages saying "that comment didn't age well..." I'm having trouble sleeping from all the investors who lost money reading my advice. Just imagine if I can sleep if I reversed my position now and told people to go buy Tesla and THEN it crashes?
@@exbladex99 Ugh, Tesla. I decided to pass on it in March (at around $700) because it had literally just doubled from around $300 in December and I was thinking it might be peaking, plus coronavirus uncertainty and the factory closures. Kicked myself hard at $1200, but had the exact same though. Now over $2,000...oof.
I prefer buying when something has gone up 230% in the past 45 minutes
@@exbladex99 but it grew again, so that didn't age well 😂
The god himself, all we need now is sam o’nella to upload
it's been 7 or 8 months 😭 miss him
@@deepstariaenigmatica2601 same, at least cgp grey uploaded recently. even if his american-indian series died at part 0
Maybe he got food poisoning from sam onella
@@Xophistos lmao and then he got the tekoi thing wrong
@@Xophistos The series isn't dead. It is still in production xD
Dude were is your medal for this?
Got both bachelor and master’s degree in finance but THIS is the best explanation of the stock market I’ve ever seen.
Ps: you forgot the “Dividend Genius” 😏
😂 true
Yesssss. Dividend David. Counting his dollars daily. Haaaa. My boy is a 100% dividend play guy
And going, there's nothing in this stock for long term investors, why should we stay invested?
-on not getting dividend every quarter.
If you have a beachelor and master's degree in finance and still aren't at least millionaire, you are most probably an idiot. Tells you who you may ask: a drop out in history, psychology and philosophy for teachers (self made multimillionaire by investing).
@@milan51259 ???
"while the stock market can only go up or down, there are endless ways to lose money..." Can this not be more true haha. From leveraged etfs to options to penny stocks
U can literally lose money if the stock goes up, down, or stays the same.
Ah, options... lost few k's by shortening Tesla. xD
In reality the stock market over the long run goes up. The reason 99,9% lose their money is because of their own ignorance of this plain fact 😂📈
"Aaaaaand its gone! This line is for people who have money with the bank only, please step aside!"
im gonna need about tree fiddy
From reddit's u/hypotherical: the stock market is just astrology for men
At least they can potentially get something from it, unlike astrology
Curiously one of them is a multinational scam people use where arbitrary values are assigned depending on the time they are observed at and reflecting the other arbitrary and ever evolving values and the other is the stock market
But it goes up 7-10% a year on average, so if you do nothing you make money...
And everyone wastes their time and makes bad decisions on the BS advice of a few people who are getting rich on everyone else's ignorance.
Wait we were talking about astrology?
...and this woman!
Casually Explained: _uploads video_
Everyone: *"Impossible"*
No, it's necessary.
Everyone: *stonks*
Miles that’s irrelevant here. And I think I’ll go with no if that’s okay. Worshipping characters from a fiction book just isn’t my favourite thing to do with my spare time if I’m honest.
I once read on tumblr "the stock market is just astrology for men" and idc if it's accurate bc it's funny as hell
its where men lose so much money that they find money and lose money again.
It's pretty accurate,
i mean they’re both arbitrary human creations that many humans base their lives around so
wait, but i base my investment decisions by looking at moon phases
holy shit 😂😂😂😂
"Kept warm by enough GPU's to melt Greenland." I died. Ded. I am deceased.
Returned to the soil, back with the cosmos, deconstructed on a molecular level
Gone, reduced to atoms.
not alive
Killed to death by dying
rip: jodinsan
Damn, You forgot about those who sell Stock Images and Stock Footages...
The most important category of investors
These people are all amateurs. I made millions in minutes by just using an amulet coin and battling the elite four a few times with lv. 100s.
Get on my level scrubs
Dont forget using O powers
Wore two golden rings and ran back and forth through a corridor breaking all the lamps. Someone keeps stashing bags of gold in those lamps for some reason.
VS Seeker the rich old people with 1 pokemon 👌🏻
Amazing. We all know bitcoin is the future
i made thousands in seconds by spamming hog riders. get on my level
|
V
your level
3:03 "Quants. These are the MIT graduates with three Ph.D.'s who work with twenty other math geniuses on a specific machine-learning algorithm in order to front-run the quartz crystal in the Chicago Mercantile Exchange's internal twenty-four-hour clock by running a fiber-optic cable that's fourteen feet shorter than the closest competitor, thereby reducing the distance that light has to travel so he can arbitrage a quarter of a cent per bushel on soybean futures."
Your degree is in Engineering... right?
I think it's 'applied cynicism". Extremely well applied I might add !
As an "investor" myself -- uhhh... yeah. No, pretty much. That actually does pretty much just sum it right up nicely, ngl.
“Don’t buy the needle, buy the haystack”
I'm a boring investor too except I rather lump sum
Ironically, these no-nothing investors historically walk away with best returns 30 years later compared to everyone else. Even the tax system is behind their back(long term cap gain)
@@usaball9190 We are still very jealous of WSB YOLO bets gone really well, or the quants. We are boring, we know it, and we are not particularly proud of it.
Honestly it's not sophisticated and it's not particularly smart. But that's the entire point. You know you don't know enough to beat the market so you take the market return and beat the vast majority of people (including 75% of hedgefunds) by doing so.
“They can’t bring themselves to buy Apple even though it’s outperformed their own portfolio.” Might as well @ me next time
Feels bad
Felt that 😩
I feel physically assaulted
I bought apple last week, now it tanked.
this comment didnt age well
I've never felt so personally attacked by a RUclips video.
215 likes, and you didn't even say which one you are :(
*shows blackberry as an example for a failure*
It wasn’t a failure, it just got pushed aside by technological progress. Stop over some time and we’ll watch Wrestlemania on my Betamax.
They've been switching into pure software as of late, contracting manufacturing to Foxconn
he showed the phone, which in large is a failure. BB currently is a cybersecurity company.
What the hell is a blackberry?
@@Madsovic999 you know, like a raspberry but darker
"This is the polar opposite of Wall Street bets because anyone who does this has to have an income'"
*Oof*
Did they edit that part out? I saw it yesterday, but just watched the video and didn't catch it this time.
@@MaplesonD glad I'm not losing my mind.
"Except they would never do that, because tattoos are a sin." Best joke by far. What group thinks that tattoos are a sin?
Just when you thought 2020 couldn't get any worse, Jesus Christ comes back just in time for the rapture
Jesus Christ with social anxiety
Wait that's good news.
WARNING I am the unprettiest human YTer worldwide, but somehow I have TWO HOT RUclipsR girlfriends. Thanks for being a future subscryber, dear gü
Alloou No U Yeah that sounds like a great thing honestly
AxxL- Dude... what. the. hell?
Do a Casually Explained: Dating Apps
You like dating, don't ya?
@@volvoxfraktalion5225 Creepy random
@@Basuko_Smoker nah its more that i dont respect people who date too much no matter the gender
He already did
As someone interning in quant investment risk this is 100% accurate. One of the algos I’m helping with determines the portfolio return changes expected from a 0.01% change in the 30-day Treasury Bond
As someone who answers phones for a broker... every single one of these. All of them. Like this isn’t even parody, it’s just how it is.
Also theta gang rise up
Been answering lots of phones lately i bet. With all the outages.
What does it mean when jp morgan adds an extra 0?
Aidan Anderson he called Lehman and asked if they wanted to add one too many zeroes. Lehman was one of the largest investment banks in the US (I think 4th behind Goldman, Morgan Stanley, and Merrill Lynch) and the dies during the 2008 crash. It was later found that they had been falsifying financial statements for years to look less bad than they were.
Legit didn't know I was part of a community until recently. swimming in zoomer wallstreetbets yolo cash... good times.
Casually Explained getting on the **PRINTER GOES BRRR** wave
God I didn’t understand a thing in this video except that I’m too poor to be watching it.
Same
with that kind of attitude, yes you are.
i'll have you know that i come from a poor immigrant family, not a single euro to my name, but now i have a 6-figure bank account. anybody can trade, it's honestly not that hard, just a little time consuming. all you need to start with is 100 usd (just work for 1 month). more is fine, but it's best to use more money when you have more experience (i started with 1k, but i realised i could've done what i did starting with less too)
do your research, spend time, don't get discouraged if it doesn't work out in the beginning. that's all it takes to make money.
@@ProtoForte ok
yre
Thanks I made a slick mil’ real quick and escaped poverty.
But I still don’t understand the video
@@ProtoForte imo more money keeps u safe to not lose mind over losing your savings while starting. After u have learned u for sure could start with less.
"They figure they are only gambling with their future, so theyve got nothing to lose anyway" 💀
the return of the king
For the 43rd time
Yes
Again...
"They are only gambling on their future, so nothing to lose anyways."
Is this a personal attack or something?
loser
SAME :(...
Same same 😔
True.
Me, not understanding any of this and having no interest in the stock market:
"Yes, interesting."
I started with a little capital which have increased so much compared to what i was expecting, there's no time to decide whether or not. You can join pacesetters today it's great
Same dude, I have no idea how it works
Rafael Alódio why not invest in bitcoins, don’t you know what bitcoin is?
It sounds like this Harry Okoli guy is trying to sell you something but you should really try to start investing for your future. Its actually quite fun when you get started. I go onto my app to look at my stocks and indexes every day because its pretty interesting. But if youre completly uninterested then you should probably look into just putting your money into the s&p500 or the nasdaq like the “investor” type
I invest, and this guy is super accurate.
The idea of investing a significant sum of money may be both thrilling and intimidating. There seems to be potential for considerable wealth increase with the correct strategy. How can one take advantage of the present market to grow one's retirement savings over time?
Yes true, I learnt that in 2020, when I lost almost everything. But I switched to using a financial advisor and I've been returning at least $90k every one quarter of the year so I’m sticking to investing via an Adviser.
Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?
“Vivian Carol Gioia” is the advisor that oversees my portfolio. She's been able to gain some reputation and online recognition with over two decades in service, so it shouldn't be a hassle to find basic info.
this recommendation came at right time, very much appreciate it. curiously inputted her full name on my browser and found her site top search, no bs.. over 20 years of experience is certainly striking!
Just do big ass index funds. It's boring but reliable and lucrative in the long term. VTI/VXUS will serve you well. Or hell a target date fund if you want to be even lazier. If you want more in depth advice use a fiduciary (NOT a financial advisor, only fiduciaries have a legal obligation to act in your interest).
Do a "Casually Explained: Losing Virginity"
Omg yes
yes!!
Jamie just dissed you on stream
She would still not be into you. She was Canadian.
I’ll help you out bro
r/WallStreetBets: *_"Guh."_*
as a great man once put it, wall street bets is just astrology for men.
Top comment here
He really lives up to his name about casually explaining things. This is really enough foundation information to get you started in this specific area, it’s hilarious to boot.
How on earth does this comment have so many likes
I’m asking myself that same question
This is in serious need of an update.
0:10 "Socrates Dismisses Tesla Short-Seller" made me laugh so goddamn hard.
I'm impressed by how accurate you described HFT and the competition on fiber cable length
Me, a kid with no money who doesnt understand any of this:
*Ah yes, steel chicken, gamma ray blast*
@Miles jesus can SMD
same Im 18
You don't need money, you just overleverage and gamble money you don't own, quite simple really.
@@Azagro can you explain a bit more
"this aged well"
- literally everyone
I would rather be the guy with the charts and stuff making chump change since my fucking bank doesn't pay interest... okay it does... tens of thousands in savings and it pays not quite 50 cents.
So.... yeah. I started scalping on crypto with chump change amount of about $2K never having more than a 75% in at any time...
And I've been sharing to others at work... it's so me... not to look cool, but so that the other coworkers don't lose their money fomoing into stupid shit....
funny shit though, one who held the dogecoin (he put in $300 at about 3 to 4 cents) the longest is now up as much as I am LOL! He cashed out of $300 worth of his gains instead of 100% of it so he's now into other crazy shit.
Our economy has turned into a pathetic train wreck steeped in cocaine and basted in meth over the past 40 years... and has ME and the younger z's are so fucked we just don't fucking care anymore... rents exceeding our annual pay raises... homes doubling in just a few years no way of ever buying... and student loan debts that to say bluntly with income base repayment plans and 20 year forgiveness... short of somehow making suddenly at least hundreds of thousands of dollars somehow; that student loan debt isn't gonna get paid off... it'll turn into a tax liability instead and at that point, I'm Jone Doe and skipped this fucking train wreck of a country... probably won't matter because by then most of us won't be able to afford rent and will be living in our car, tent, rv, or some make shift set of cardboard and 2b4's we call a fixer upper in some empty lot somewhere.
And by the end of the year, all investors say "this aged well" and then the others say it again and then investors do again and this keep happening over and over but in the end the investors are up 10-100x and the others still inflating so idk why people even bother
Casually explained is like that one older brother who’s already have done everything.
Shit, I'm security analyst, and it really hurt that Apple has outperformed my portfolio.
shit
Shit
Your analysis needs some work. Just put it all in Tesla and in 10 years your average ROI will beat any analyst's portfolio.
@@ycd518 yeah, I don't think so.
@@MrEaglenator Ah yes, you definitely should. Tsla is the most innovative company on the market.
It’s going to reach a 4 trillion dollar market cap or more.
wowzers, Theta Gang actually got a shoutout. That being said, I feel personally attacked
I understood nothing of what he said
...Yeah, I'm feeling really called out right now.
0:21 punish ones that fail....
r/WSB: haha no
Since I live in Northern California, I'm watching this in a fire tornado...
Same buddy 😅😭
CALIFORNIA, BABY!
CALIFORNIA DREAMIN
All of california is a fire tornado right now
Isn’t California great?
one of the dudes in the wsb discord tried to short 50,000 oats contracts in one move, The order got denied and immediately got calls from CME. All in all was an entertaining night
This isn't even parody, it's just actual observations. There's no way a person can make this video without spending some decent hours learning/investing.
Pretty sure he's blown up his RUclips profits multiple times over from OTM options.
As somebody who works in a Gold shop...the Gold bugs part was so darn accurate it’s not even funny
100%. Otherwise he must've done hours of research before making it haha
@@Keanzter hours? At least days or weeks. There is many inside joke that hard to understand in this video
Especially the theta gang explanation proves he has a lot of knowledge on this.
black berry... this didn't age well
It will age well again, give it another year
Blackberry just became overvalued this month, give it some time and it will go down.
BB is about to pump next week
1:04 ..."Zoomers looking to get rich or take physical delivery of 50,000 barrels of crude oil trying"
50 Cent would be proud man 😁
@MrTheoneandonly you were being paid to take it off their hands.
Has anyone else seen that video called something like
“the two types of people in
r/Wallstreetbets”
Money computer go beep boop
Wasn't that on his other channel?
Oh no. Airplane house is empty. But maybe soon. Airplane house will be full. I will buy one airplane ticket.
"Time in the market, beats timing the market". I've never been read so hard in my life lol. If the second comment had been "The stock market is not the economy." I would've thought the video was made by literally looking into my brain lol.
Completely clicked on this because I thought it would be a short overview for children. I'm so much happier.
Same, lol
*5 year old with an xcel spreadsheet* wot mate
And then there’s me. Buying a shit ton of stock in a company I heard of 20 minutes ago, watching the value spike, missing the target sale price because I have the attention span of a squirrel. Selling when it drops, because I panic, then making a grand total of 2%. Thats stonks baby. Lesson to the story kids. If you don’t wanna stress out about the market just buy aggressive ETF’s and let it ride. Life’s too short to have a panic attack over $200 in (buzzword-named company your parents never heard of).
Are you saying time in the market is better than timing the market?
You mean EFT right? Lets raid together bra
@@jaredthomas5637 yes, yes it is
Calls on everything, same day expiry.
My rule: listen to your own gut rather than stock market junkies.
The angry eyebrows after "That would imply crypto isn’t a real currency” insult gets me every time. 😠😂
Stocks are falling and bond yields are rising, but markets still don’t seem convinced the Federal Reserve will pursue plans to keep increasing interest rates until inflation is under control. I'm still at a crossroad deciding if to liquidate my $138k stock portfolio. What’s the best way to take advantage of this bear market?
Instead of liquidating your portfolio, you should try to understand personal finances and investing, because these will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I know someone who made over $350k in this recession influenced market, but to the best of my knowledge, it was through a financial advisor.
Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2019, and I return at least $21k ROI, and this does not include capital gain.
@@instinctively_awesome8283 Is there any chance you could recommend who you work with? I've wanted to make this switch for a very long time now, but I've been very hesitant about. I'll appreciate any recommendation_
@@PhilipMurray251 I really don't like making such recommendations, because everybody's situation is unique. But there are many freelance wealth managers you could check out. I have been working with MARIA ELIZABETH FILINDRAS for about four years now, and she's really, really good. If she meets your discretion, then you could go ahead with her. I endorse her
@@instinctively_awesome8283 I'll like to get through to her. And I think I have heard that name on the news before. Can't remember if it was CNBC. Any idea if she can transfer my already existing portfolio from another hedge fund?
I was just casually recommended this video, I can't explain it 🤔
Wow that was so hilarious ha ha ha............. I am dying right now.
I see what you did there...
There should be a second channel called casually recommended
Can we all agree that social media investors are the worst?
For reall. Annoying af
Da forex mentor 4 today
invest $1 dollar one time, “I’m an entrepreneur with dedication in financial world”
Dollar cost averaging is legit. But it's like playing on easy, wouldn't call it trading.
Bro they're always like, "Just pay me to teach you how to make money!!!" That's how they get money, scamming people
Meanwhile on Wall Street:
(Beep-beep) - He bought?
- Yes'
*DUMP IT*
Isn't that the crypto market though
@@erickrasniewski567 The Bogs' influence is felt everywhere
@@augustovasconcellos7173 I see can I get a quick rundown
We need sminem to save the markets
This one ages like fine wine.
And when the world needed him most, he returned.
Not the hero we need, but the hero we deserve
This one of your best-written ones so far. Also some gems for people who understand a lot of the stock-market-y stuff.
biggest wall street scandal in history: ETHOS LAB IS CASUALLY EXPLAINED
They’re long lost twins
could this be true?
Wait what
@@sethposey4640 Casually explained Minecraft when?
Maybe all Canadians are actually just one person with a variety of different hats
I'M INTERESTED IN INVESTING MY CASH INTO THE STOCKS BUT VERY AFRAID OF DOING IT ON MY OWN BECAUSE I'VE LOST A LOT...BUT I SEE SO MANY INVESTORS DOING GREAT IN CRYPTO INVESTMENT, PLEASE CAN SOMEONE GIVE AN ADVICE ON WHAT TO DO.
Most newbies fail simply because they don't understand how the market works in general or in particular how the market relates to stock or currency pair they entering. If a retail trades doesn't grasp what the market makers are doing and when they are doing it, the greatest strategy in the world will fall. For new traders the markets are like entering an F1 race before you've passed your drivers license test. I am a beginner I never believe I made $30,000 in just 1 week from trading and with the market. an expert financial analysis and he made me learn to read and understand the language of price action. He guides me with the exact time frame to trade and now I just received me first withdrawals of $30k in my bank account today I'm very happy, my advice is for you to contact him he will guide you perfectly well, and thank me later, I guess this is a good way to show my heartfelt appreciation for literally breaking the chain of my financial debit when I needed it
Lack of trading discipline is the primary reason for intraday trading losses it is estimated that nearly 80-85% of intraday traders end up losing money in the stock market Experiencing loss is also part of the game but that don't mean you should give up. my advice to new beginners and busy investors who have little time to monitor their trades is to trade with professional expert on profitable platform
I lost £1200 carelessly trading on a
platform then I was referred to Mrs Sofia Ryan she recovered the loss and made an extra profit of £4600
@@richardwilliams4288 This is a refreshing coincidence her services is amazing. My first investment with Investor Mrs Sofia Ryan gave me a profit of over $51,000 ever since then they have been managing my portfolio so well
@@ahmedmark5030 Really!!! you met her too? But
we met in a trading program in England,l even thought am the only one she has helped through the fear of forex trading..I invested £11000 and had a profit of £98000 in a space of 4 weeks
I appreciate the use of the age of mythology gold model.
The rich stay rich by spending like the poor and investing without stopping then the poor stay poor by spending like the rich yet not investing like the rich
You're right sir, Thanks for introducing me to Mr Bruce
People remain out of ignorance
People remain out of ignorance
People are scared of investing because of the high rate of scam in the business
2:30 [Insert quote from the video]
LMAOO 💀💀💀 love this guy
The legend's back at uploading after losing his big RUclips Money in the stock market??
That makes me wonder where he lands in these categories?
You talking about leafy? Lmao
Now he's going to bet his Twitch money on the stock market.
@Miles yo man whatchu talmbout
Anyone else have the pop up on their recommended right after the boys from r/wallstreetbets broke robinhood?
Yep
Just got it
My Econ teacher would appreciate this as a “Shut the class up” video