[Copypasta] The real power of compounding

Remember, if you lose 10% a day over several days you’re actually losing less money as time passes. This is what people mean when they talk about the power of compounding
December 2020

WallStreetBets

What happened to this ad? :(
More WallStreetBets Copypastas

Oh my gourd, I am financially ruined (agricultural futures)

I have lost everything, and I'm not sure how to continue. This summer I invested $17,500 (six months salary and my entire life savings) into ornamental gourd futures, hoping to capitalize on this lucrative emerging industry. After watching a video about Vincent Kosuga and his monopoly on onions, I decided I'd try to do something similar with another vegetable. I did some research and found out many agricultural forecasters expected this year's gourd yield would be far smaller than the past, due to deteriorating soil conditions in central Mexico and a warmer-than-average spring. At first, demand soared around Halloween and prices skyrocketed, but the gourd bubble burst on November 12th. Unfortunately, the coronavirus caused a massive drop-off in demand due to fewer families decorating their tables for thanksgiving, and prices plummeted. I had invested early enough that I thought I would still be fine, but then on the morning of December 2nd, a new email in my inbox caused my stomach to turn into a pretzel. The massive gourd shipment from Argentina, scheduled for early March, had arrived. I was planning on selling off my futures right before this, in February, but this ruined everything. To top it off, the gourds in this shipment were absolutely gargantuan, some topping 4 pounds each, causing the price-per-pound to drop like an anchor into the range of 6 cents per pound. I am ruined.
January 2021

Classic

WallStreetBets

WSB Choose your fighter

Choose your fighter Alex Magikarp 🐟 Elon TechnoCuckLord πŸ€–+🀴 Jeff Divorcedzos πŸ’” Salmonella πŸ” Nutella 🍫 Bill "HELL Giga GUH is coming" Clownman 🀑 Chamath, "I'm abouta fuck shit up" Papaya 🍈 Ryan Cocken your butthole πŸ₯’πŸ’¦ πŸ‘‰πŸ‘ŒπŸ˜³ πŸ₯’ Z πŸ₯’ U πŸ₯’ C πŸ₯’ C πŸ₯’ Tim 🍎 Bottom πŸ…±οΈENIS Jack Ma MIA πŸ€·β€β™‚οΈ Cathie "A prayer a day keeps the 🐻s' away" or "Jesus, take my buying power" Woods πŸ™βœοΈ
March 2021

WallStreetBets

Google employees complaints

Reading Google employees complaints about workplace is like watching Becky cry on social media how her life's ruined when she only got a new Hyundai for graduation instead of the audi she asked. Bitch give me that 300k job and I will deal with "my voice not being heard" all day every day.
January 2021

WallStreetBets

GameStop vs Amazon

i’m not sure how up to date you are on the whole GameStop situation but Amazon is heading for bankruptcy and GameStop is now their biggest competitor. market cap isn’t there yet, but the company plan is on track. also Jeff Bezos is the target of every major corporation now. Amazon CANT survive the next few years with their increasing bad reputation from littering and burning unused inventory to labor rights with their workers being violated. Amazon sounds great, until you look underneath the hood and see all the parts are grinding and screaming. GameStop is targeting Amazon to be the epicenter of e-commerce/gaming. this GameStop earnings has been MASSIVELY anticipated and i believe Amazon will continue to develop a negative correlation to GameStop. so what do they have to do with each other? competitors and GameStops about to make the move with a bite to the jugular.
September 2021

WallStreetBets

Kelly Loeffler after Georgia senate election

Kelly Loeffler I know you're at home right now feeling a little sad. And now you're in bed browsing WSB looking for hot stock tips with maybe a few laughs. But just know this: I will have sex with you. DM me.
January 2021

WallStreetBets

Text-to-Speech Playing