
538d biggest money mistakes: meme stocks, airline miles, covered calls going wrong + more (campfire chat with Glen and friends)
money money money
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Do You Have a Dumb Money Mistake?
I was risking what I thought was $800. Ended up being short, $150,000 on margin for a while. All to make $38 that week. You're efficient for a 4.75% spread. If you do that every single week, yeah, 247%. So, if you do 4% a week, it makes sense. But $48 against $150 does not feel good. Do you have a dumb money mistake? Oh, we should talk about your very first stock purchase ever. Yeah. Well, did you good? You lost a lot of weight over that weekend.Yeah. Talk about a great pool party. It's a wild, wild, west.
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