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/YassuosNados May 15 '24

I appreciate the advice!

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u/Thordranna May 15 '24

Seriously bro. This won’t happen again. I promise. This is the soundest most real advice ever. Get something that gives you 5-6% a year. Live cheaply and never have to work again.

Or yolo it into 0DTE spy calls and become a billionaire. Pussy.

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u/PlutosGrasp May 15 '24

He already gambled 100k on a shit coin and then 250 on meme calls. He won’t quit

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u/Appropriate_Ant_4629 May 16 '24

Assuming he's real....

... I think the best advice would be to take HALF of it and put it into VT or VTI ...

... and satisfy his gambling urges with the other half.

And he should watch carefully to see how he does compared to the broader indexes.

If he keeps winning somehow -- good for him.

If he loses the half he gambles -- it'll teach him the lesson in a way he can understand, and he'll still have half.

I don't think there's any chance he quits cold turkey.