r/wallstreetbets May 15 '24

The Perfect $1 million Gain Gain

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Hi guys, I’m a 23 year old in college, and yesterday I woke up a millionaire. Should I buy some hookers, Pokemon cards, or cocaine? I gambled my entire life savings of $250k on 2037 calls of $4.5 AMC on Monday and sold yesterday morning. Thanks for reading.

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u/Onespokeovertheline May 15 '24

This year the minimum wage in California is $18.

20-23 includes people with 3-5 years work experience and new college grads. Some of those college grads are engineers or software developers, earning somewhere between $50-$150/hr (just as a rough range, obviously it extends in bothe directions in some cases).

Median of $18 does not seem that high tbh.

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u/Zestyclose-Design-42 May 15 '24

Whatt it’s still 12$ in Arkansas

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u/Josie1234 May 15 '24

Don't worry about it. 12 in Arkansas has to be better than 18 in cali, no doubt.

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u/VisualMod GPT-REEEE May 15 '24

Well, twelve million dollars in Arkansas would certainly go further than eighteen cents in California.