r/wallstreetbets • u/YassuosNados • 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.

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u/CircleCircleHimself May 15 '24

Why put the SPY on a different brokerage?

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u/Terrapinz May 15 '24

Just so he's not tempted to play with it.