Quote:
Originally Posted by Gerbs
If you didn't expect you could lose 80% of your networth holding 1 SINGLE stock plus you chose Shopify. You deserve to lose 80% and I'd laugh at you lol.
It depends on the type of investor you are though. You can't say one is better than another without considering risk. You sound like you wanna spend $10 - 100K and bink a $1Mil + Payout over night or even over 5 years. While majority of us here are pretty happy to sack away $1 - 5k/month and have $2 - 4Mill nest eggs in 20-40 years. With some major swings of 40 - 50% along the way. Total portfolio value will never be 100% at risk.
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Shopify was an example. Case in point you can get rekt or make bank investing in anything. There's too much mumbo jumbo about what's a ponzi, what's the value of an asset blah blah. If you have an edge and can invest/trade with proper risk then do your thing.
I know few that WANT to invest for the next 40 years so they can retire at 65 and many that are FORCED to because they don't know how to get out of the game. If that's your goal, great, DCA into an index. Most are conditioned (brain washed perhaps) to view one form of investment better or safer than the other, but in the end, everything is a zero sum game.