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re: Where would you put $500 bucks?

Posted on 2/17/24 at 8:42 pm to
Posted by lynxcat
Member since Jan 2008
24132 posts
Posted on 2/17/24 at 8:42 pm to
$500…go buy a toy you want. It isn’t enough money to worry about if you want to have fun with it.
This post was edited on 2/18/24 at 12:21 pm
Posted by tokenBoiler
Lafayette, Indiana
Member since Aug 2012
4409 posts
Posted on 2/17/24 at 9:14 pm to
quote:

This is FUN money so lets have fun
Put it in some G-strings?
Posted by go ta hell ole miss
Member since Jan 2007
13616 posts
Posted on 2/17/24 at 10:05 pm to
SNAP until the next print. I would be out of it before the print. Then move back in. It has a history of running 20-40% into earnings, falling 20-30% when it reports, and then running back up again.
This post was edited on 2/17/24 at 10:08 pm
Posted by Penn
Jax Beach
Member since Jan 2008
23448 posts
Posted on 2/18/24 at 6:54 am to
A sack of crawfish
Posted by Jag_Warrior
Virginia
Member since May 2015
4082 posts
Posted on 2/18/24 at 12:06 pm to
quote:

Just curious what the experts are doing.


Posted by La Place Mike
West Florida Republic
Member since Jan 2004
28791 posts
Posted on 2/18/24 at 12:14 pm to
In my belly by way of a really good steak house or at the poker table.
Posted by BourbonDad
Somewhere on the vol surface
Member since Sep 2016
192 posts
Posted on 2/18/24 at 12:30 pm to
SQQQ, SOXS or VIX calls, April dated, delta .60-.75

or wait for the early SMCI swing shorts to get squeezed out and grab some long dated puts for cheap(er) when they do.
Posted by UltimaParadox
Huntsville
Member since Nov 2008
40832 posts
Posted on 2/18/24 at 12:42 pm to
quote:

No this is essentially like a lottery ticket


If you want to throw 500 dollars away than buy a lottery ticket. Normally this plays out 3 ways.

1. Most likely scenario you lose 90-99% of whatever you gambled on
2. You get the 1% chance and whatever you dumped it on grows 200-300%, but greed kicks in since you are gambling, and 1500 dollars now sounds too little. The gamble goes up until it doesn't and the fomo play is over. Then you are back down below where you started again. Back to scenario 1.
3. You are on of the few where you get the 200-300% gain and you pull out your initial starting money. You are back to where you started with 500 bucks, and the remaining "house money" is lost just like in scenario 1 since you still have no plan to exit.

If you just buy a lottery ticket you win and don't have to go through the above steps. I mean you admit it yourself you are looking to gamble
Posted by deltaland
Member since Mar 2011
90508 posts
Posted on 2/18/24 at 8:03 pm to
quote:

This is FUN money so lets have fun


quote:

Where would you put $500 bucks?


8 ball, case of beer and a backpage hooker
Posted by deltaland
Member since Mar 2011
90508 posts
Posted on 2/18/24 at 8:05 pm to
He could buy like 450 shares of Standard Lithium
Posted by DoctorWorm
Member since Jul 2021
814 posts
Posted on 2/18/24 at 8:55 pm to
one share of QQQ then go get a large pizza with everything on it
Posted by SmackoverHawg
Member since Oct 2011
27318 posts
Posted on 2/18/24 at 10:10 pm to
quote:

He could buy like 450 shares of Standard Lithium


Join the party. Things are just starting to heat up. Want a not so guaranteed 20 bagger? This may or may not be it!
Posted by Twenty 49
Shreveport
Member since Jun 2014
18733 posts
Posted on 2/18/24 at 11:29 pm to
quote:

Was thinking of Nvidia long hold even though im late I know.


I had $500 build up in my cash account at Vanguard from some dividends and such a few weeks ago. NVDIA was just under $500 at the time. I figured I was too late to the party as usual, but bought one share for the hell of it.

Now it’s $726.

Join the party!
Posted by Nonetheless
Luka doncic = goat
Member since Jan 2012
33001 posts
Posted on 2/19/24 at 12:01 am to
Posted by WM88
West Monroe
Member since Aug 2004
1580 posts
Posted on 2/19/24 at 9:29 am to
100 shares RKLB
Posted by jerryc436
Franklin
Member since Jan 2014
516 posts
Posted on 2/19/24 at 10:30 am to
He could have bought 1000 shares of TELL last week. Still can get 500.
Posted by tke_swamprat
Houma, LA
Member since Aug 2004
9754 posts
Posted on 2/19/24 at 11:14 am to
After marching a few parades, probably new Sitka jacket. Seems to be the cool thing.
Posted by nobigdeal69
baton rouge
Member since Nov 2009
2172 posts
Posted on 2/19/24 at 5:33 pm to
quote:

8 ball, case of beer and a backpage hooker




Sadly, this is probably the route I would go.
This post was edited on 2/19/24 at 5:34 pm
Posted by Lake08
Member since Jun 2023
535 posts
Posted on 2/19/24 at 10:15 pm to
$500 on NVDA? Dude, put it all on red. U gonna buy 1/2 share?????? Lol
Posted by Billy Blanks
Member since Dec 2021
3784 posts
Posted on 2/19/24 at 11:32 pm to
quote:

This is just a side thing to play around with. Not any intentions of becoming a millionaire or the sorts.




This line cracked me up. That doesn't buy 2 tires today.
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