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I am more curious to know how did this question is in the front page of the website with less than 10 points, in less than 5 minutes of posting, and zero commen
by guessmyname 10y ago
I am more curious to know how did this question is in the front page of the website with less than 10 points, in less than 5 minutes of posting, and zero comments (at least by the time I wrote this comment).
And just to answer the question, I am not a fan of investments, after three failures during the past years where I lost more than 50% of my money after making the bad decision to buy stock from three banks around seven years ago, then with all my patience I waited and waited to realize that the stock was going down by the hour, after five years I decided that I didn't want to lose more money and sold, and lost exactly 54% of my initial investment.
Way to start my adulthood eh? :D
- exolymph 10y agoAsk HN posts rise faster than links, I believe, but maybe dang can clarify.
- Jtsummers 10y agoAlso, other posts on the front page were stale. Most were over an hour old with, at the time I saw this one, only one other post under 1 hour.
- bryanlarsen 10y agoStories quite regularly hit the front page with 3-5 points.
- lewisl9029 10y agoMy first foray into the world of the stock market was very similar. My 10K initial investment turned into less than 5k in a matter of a few months as I tried and failed to pick earnings winners and time the market. Lesson learned. It was a costly lesson but definitely not something I could easily forget. Since then I've mostly been putting my money in cheap S&P 500 index funds and the only active trading I do is backed by cold-hard statistics through thoroughly backtested algorithms on Quantopian rather than my own ill-informed gut feelings. And with this more disciplined approach, I have long since made back those initial losses. So I guess in the end everything worked itself out.