Lesson learned: Don’t FOMO into the market.
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Well.. today is the day I finally decided to join the expert investors over at r/Wallstreetbets and I put $15k USD into GameStop.Within one hour, I was down nearly half of what I put in. It completely wiped out my past year of returns.And you know what? I’m happy that I only lost 7k (so far), and I’m willing to lose the entire 15k. It’s better to lose a small amount like that, rather than hundreds of thousands later in my life.Moral of the story: stick to ETFs and do your research before investing in these trending companies. via /r/PersonalFinanceCanada https://ift.tt/2Yg0J4A
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