alt Hacker NewsBecause the odds of you losing all your money on private tech company shares are nearly 100%, and the odds of you losing all your money in SPDR or VFINX are nearly 0%.
Because the odds of you losing all your money on private tech company shares are nearly 100%, and the odds of you losing all your money in SPDR or VFINX are nearly 0%.
Still seems silly when meme stocks exist and the establishment (like entire media and news apparatus) can and do collude to mess with things (like “Black Monday” ~2021 when all the media and news lied and said wall street bets and meme stonk people had moved on to silver) and within days all the meme stock gains across over a dozen companies were entirely wiped out.
Not saying meme stocks should be a thing but no one gets investigated or in trouble. Nothing is done. If they cared about the average person something would be done.