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red sox 777
03/08/21 6:12:47 PM
#145:


ExThaNemesis posted...
I am really worried about the amount of people that are going to YOLO their stimulus checks into GME

https://www.cnbc.com/2021/03/08/how-the-young-plan-to-spend-stimulus-checks-deutsche-bank.html

According to this survey about half of the stimulus funds are going to go into the stock market. That is a great decision on the part of the people. If you spend the stimulus instead of investing it, you are guaranteed to lose 100%. If you don't absolutely need to spend it, investing it in virtually anything will produce a better return than spending it, because it's hard to do worse than negative 100%.

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