Last updated: November 9, 2024 at 06:54 PM
Investment Options Discussed on Reddit
Physical Gold
- Summary: Gold is seen as a store of value and a hedge against economic uncertainty.
- Pros:
- UnCorrelated asset to stocks and bonds
- Can add stability to a portfolio
- Cons:
- Buying Physical Gold can make rebalancing difficult
- Wide bid/ask spread and risk of holding Physical Gold
- Quotes:
- "Most people who buy Physical Gold also believe in some conspiracy theories ... However gold can be an uncorrelated asset to stocks and bonds and in portfolio construction having uncorrelated assets can add stability."
Stock Market Index Funds (e.g., VOO, SPY)
- Summary: Investing in broad market index funds is favored for long-term growth and simplicity.
- Pros:
- Low cost
- Diversification
- Cons:
- Requires patience and long-term outlook
- Quotes:
- "If you don’t have the time or inclination to research individual companies, you can invest in broad index funds like VT."
Individual Stock Picking
- Summary: Involves researching and investing in specific companies.
- Pros:
- Potential for high returns
- Ownership stake in businesses
- Cons:
- Requires ongoing monitoring and research
- Quotes:
- "Buying stock means buying an ownership stake in a business, so I treat it that way."
Other Investments
- Summary: Includes cryptocurrencies like Bitcoin, tech giants like Microsoft and Amazon, and speculative investments like DOGE.
- Pros:
- Potential for high returns
- Cons:
- Risk of significant losses
- Quotes:
Social Issues and Political Views
- Summary: Discussion on wealth inequality, politics, and social issues.
- Quotes:
- "The less money they have, the less trouble they can cause. Let them bankrupt themselves."
- "Collectivizing power from the wealthy and giving it to everyone else."
Miscellaneous
- Summary: Random discussions on marble games, Trump investments, and meme stocks.
- Quotes:
- "Black made the comeback of the century. They will talk about this for years to come."
- "If you like this, y'all should check out Jelle's marble runs on YouTube. Awesome marble racing content!"