Micro.blog

cdevroe
cdevroe

In the late 90s I worked at a stock brokerage. Things I saw during that time (in the market, not at the firm) persuaded me to stay away from Wall Street as a personal investment channel. What we’re seeing with r/WallStreetBets simply solidifies that stance for me.

In reply to
agundy
agundy

@cdevroe I’m curious what you do suggest. It seems like the only real investment opportunities for the normal people is stocks or real estate which has it’s own problems.

cdevroe
cdevroe

@agundy (This is not investment advice!) The first investment is in oneself. Second is in property. Third is cash. Fourth in businesses/people. Last is in riskier things like crypto or some other crazy idea.

agundy
agundy

@cdevroe love the disclaimer :) when this plan goes belly up I'll blame "@cdevroe on the internet". But makes sense! I recently have been in the investing in myself and the people/community around me too.