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Comment by hmmmmmmmmmmmmmm | Hacker News Reader

I didn't invest and generally avoid anything other than s&p500, ftse 100 and just letting money compound over time (because if I wanted to really gamble I would go Las Vegas) but I wonder how many 'ordinary' people are silently getting burned out there by how much hype there is now online.

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I think it will still go up. Banking regulations changed, US dollar dropping. Industrial use going through the roof.

This is a mid term investment. Probably see $70 and a slow build to $200 a once in two years.

You are probably right, but for the wrong reasons =3

https://en.wikipedia.org/wiki/Dead_cat_bounce

Huge numbers based on the forum posts on my investment app. Literally Christmas for companies offering long leverage and CFD products. A few “survivorship bias” type people managed to put in a short at the $120 top of silver and accidentally made a killing and this weekend will be believing they are prophetic genii.

The stock market is not a place most amateurs make money. In some cases Vegas would give you better odds. lol =3

Unless you are talking about owning a casino, I can't think of any interpretation of what you are saying that is true. Index funds have a long history of steady growth. Las Vegas businesses make their profits off of the reliable losses of their customers.

What people say they do, and what they actually do... are very different events. =3

https://en.wikipedia.org/wiki/Sealioning

I don't like your non-genuine engagement with this conversation. You've made outrageous claims, backed up with no data, and then seemingly pre-emptively linked to a page about trolling by asking for evidence. Well I'll ask you for evidence anyways lol. And I'll also give some that points against your outrageous claims: Retail investment in the stock market is at all time highs [1], and the percentage of investment in passive indices is also at an all time high [2]. It is _possible_ that retail investors are perversely fighting the trends and increasing their investments primarily by engaging in day-trade-esque behavior, but that would surprise me. Especially given that retirement accounts strongly encourage funds. I'd love to see some data pointing definitively either way though.

[1] https://www.jpmorganchase.com/institute/all-topics/financial...

[2] https://www.morningstar.com/funds/8-charts-us-fund-flows-202...

>You've made outrageous claims, backed up with no data

In general, over the long term most amateurs do better investing in real-estate rather than the stock market. This is a well proven fact true for over a century, and making it some sort of personal argument is bizarre behavior.

You can spend 30 seconds looking it up, or continue to shovel your BS. =3

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