Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

How many of you made the mistake of throwing all of your money into the stock market in 2021?

I made about 70k in my 20s by frugally saving every paycheck I got. Never learned much about stocks until Covid when Robinhood and meme stocks took over mainstream media. Immediately became terrified I was missing out and threw all my money into VTI in December of 2021 instead of a dollar cost average approach. Also threw $7k into tech meme stocks like PLTR and ARKK. Made $20k in crypto and threw it into one of the crypto banks that went under last year. FOMO is one helluva drug is all I can say.

I know I am fine and I learned valuable lessons I just wonder how many others made similar mistakes especially during all the hype. I feel like bull runs generates millions of new retail “investors” who then have to learn the lesson the hard way.

Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
3
+0
2
Translate
Report
7491 Views
Comment
Sign in to post a comment
260Followers
17Following
570Visitors
Follow