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A Reddit user recently shared a painful lesson in investing: convincing their parents to buy U.S. stocks just before the market took a sharp downturn. In a post that quickly gained traction on the r/stocks subreddit, the user admitted, âI've been telling my Asian parents to buy US stocks for about two years now. They finally caved in three weeks ago and bought 200,000 worth of SPY (NYSE:SPY) and 100,000 of Nvidia (NASDAQ:NVDA). And voila, the market collapsed.â
Feeling âlike ...
>>> Read more: 'I Feel Like A Clown Right Now'âRedditor Regrets Convincing Their Parents To Buy SPY And Nvidia Near The Peak, Just Before The Crash
Feeling âlike ...
>>> Read more: 'I Feel Like A Clown Right Now'âRedditor Regrets Convincing Their Parents To Buy SPY And Nvidia Near The Peak, Just Before The Crash