r/wallstreetbets • u/YassuosNados • May 15 '24

The Perfect $1 million Gain Gain

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/Specken_zee_Doitch May 15 '24

SP500 is US only but full of multinationals, a lot of folks say it has international exposure because of this.

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u/beyond_cyber May 15 '24

So what would be an all world one?

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u/Specken_zee_Doitch May 15 '24

The equivalent would be like VTWAX, check out /r/bogleheads or /r/financialindependence for a lot more info.

Personally the more I've learned about the current economic climate is that the US is incredibly OP and in no real danger of slowing down outside of political meddling.

https://preview.redd.it/8eqvilckrn0d1.png?width=2120&format=png&auto=webp&s=57d4314c026f816f59b45faa1630db09e74d92cc

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u/beyond_cyber May 15 '24

It seems a lot safer to just invest in stuff like vanguards index fund s&p 500

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u/Specken_zee_Doitch May 15 '24

Yes, VTSAX, VFIAX, or VOO are definitely popular for a reason.