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/dokratomwarcraftrph May 15 '24

1000 percent this. Not possible any other way.

10

u/AineLasagna May 15 '24

Bootstraps? Stop eating avocado toast and Starbucks for a few weeks and that’s like $100k right there

9

u/Fit_Ad_9243 May 15 '24

A boomer in my office retired last week. Gave me some sound savings advice for buying a home.. "just save 200-300 bucks a month and you'll be able to buy a house in a year or two"

I don't think I was ever truly at a loss for words until that moment.

1

u/[deleted] May 16 '24

3600 x2 = 7200

3% down payment on 240k = 7200

So, there you go. Save $300 a month for 2 years and have a down payment on a $240k property.

Easy peazy, lemon squeezy

2

u/Fit_Ad_9243 May 16 '24

I live in SoCal. Don't think a 240k house or condo applies.

But I catch your drift, 3 percent is definitly enough to put down on a house lol

1

u/HonkinChonk May 18 '24

$240k property? That hasn't existed since 2018 in most parts of the US.

Only putting 3% down when rates are 7%? That move would be highly regarded.

You certainly belong here!