Last updated: September 7, 2025 at 08:27 AM
Summary of Reddit Comments on Investing Advice:
General Rules for Investing:
- Rule 1: Aim for safe returns rather than high returns.
- Rule 2: Have discipline and consistency in contributing money.
- Never let a company represent more than 10% of your assets.
Personal Stories and Advice:
- Stories of IPO millionaires turning bankrupt due to company stock crashes.
- Advice to start investing early, with suggestions to start as young as possible.
- Recommendations to avoid high-risk assets like biotechs, airlines, and weed stocks.
- Emphasis on diversification, patience, and being cautious during market downturns.
- Advice on starting with mutual funds and gradually moving to more advanced investments.
- Prioritizing education before jumping into the market for long-term success.
Specific Investment Suggestions:
- Recommendations to invest in ETFs like VOO, VGT, BRK-B over individual stocks.
- Suggestions to diversify holdings into S&P 500, Bitcoin, and QQQ for better outcomes.
- Caution against over-investing in meme stocks like GME and focusing on solid investments.
- Using dollar-cost averaging (DCA) and dividend-paying assets for consistent returns.
- Avoiding speculative plays and focusing on index funds or target date funds for stability.
- Advice on starting with income real estate and building a diverse investment portfolio.
Critiques of SEC and Market Regulation:
- Criticisms of the SEC for perceived lack of action against market manipulations.
- Skepticism and frustration with regulatory bodies and their handling of market issues.
- Calls for legal actions or class-action lawsuits against perceived injustices.
Humorous and Miscellaneous Comments:
- Jokes and sarcasm about SEC actions and market dynamics.
- Cynicism towards market regulations and investment advice from authorities.
- Satirical remarks about GME, SEC commercials, and perceived inefficiencies in the market.
- Colorful language expressing frustration or defiance towards market manipulations.
Overall, the comments provide a mix of cautionary tales, personal experiences, diverse advice on investment strategies, and critiques of market regulators and institutional investors. There is a blend of serious financial advice, humor, skepticism, and personal anecdotes shared by Reddit users on the topic of investing.