Anyone find it scary how many people say things like, "just buy xyz stock and you can make 200%"?
Seen comments around Reddit on different posts, other social media, and even heard family and friends say things like this. People will completely seriously say that you can get a 1000% return investing in Nvidia because it's returned that much so far in a year. (not actual figures, just making a point. I don't remember how much Nvidia has gained).
How do these people see something (not just Nvidia, could be any company) gain so much in a short time and not feel even a little uneasy? It's a bit sad and concerning. Especially when you've seen some of them lose a lot of money in the stock market, then try and tell you it's a scam! $NVIDIA(NVDA.US$ $Advanced Micro Devices(AMD.US$
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howardc888 : Expect this kind of trend getting worse. In my opinion, the ease of access to stocks, game-like app to trade stocks and purely gambling behavior are stirring up the new reality you are seeing. And because of that, we will be seeing market fluctuation more than before (10 or 20 years ago). I also recommend watching the movie "Dump money" which is based off the GameStop frenzy (with cinematic effects of course). You will realize how many people are buying stocks like going to casinos and betting on roulette.