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A lot of Redditors hate the Reddit IPO | Reddit warned us that its users were a risk factor, and boy do they sound excited about shorting its stock. (www.theverge.com)

submitted 8 months ago by [email protected] to c/[email protected]

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A lot of Redditors hate the Reddit IPO | Reddit warned us that its users were a risk factor, and boy do they sound excited about shorting its stock.::Reddit seems like a likely candidate for a meme stock. But the actual reaction suggests that r/WallStreetBets isn’t going to send the stock to the moon.

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[–] [email protected] 6 points 8 months ago (1 children)

Don't try to overthink the market. If you are wanting to invest with no plans to spend that money within say 3 to 5 years, just by low expense ratio S&P500 tracking ETFs. My goal isn't to beat the market, just ride with the market benchmarks as best as possible.

[–] [email protected] 2 points 8 months ago

My goal isn’t to beat the market

Yup. Nobody consistently does. If there exists some secret sauce to beating the market you're certainly not going to find it on lemmy. Buy index funds and forget about them.