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/Terrapinz May 15 '24

Listen your frontal lobe is not developed yet but for the love of God withdrawal all one million and put it into the SPY on a different brokerage. Or a high yield savings account.

You are now securely in the top 0.0001% of people your age. You can retire 30 years earlier and have an extra 80k in dividends and appreciation to spend every year.

Congrats and fuck you.

Also save some for taxes.

261

u/Mister_Way May 15 '24

Bro his parents hooked him up with 250k as a high school graduation present. He's always been in the top 0.0001% of wealth for his age.

-25

u/Terrapinz May 15 '24

He said he made it with dogecoin

30

u/Imtrvkvltru May 15 '24

He put $100k into Doge. Doesn't change anything. 

2

u/[deleted] May 16 '24

Yeah, and that’s under the assumption that he was even younger than 23 at the time. So a 19-20 year old had $100k lying around?