[quote=XBoxBoy][quote=Coronita]
one of my officemate is this 24year old… is total WallStreetBets member. He cashed in on his Gamestop call options. $1.3million haul…. [/quote]
I’ve often felt that being in the right place at the right time is one of the keys to generating wealth. (It’s certainly been true with my success) This kid and others like them were on WallStreetBets at the right time, that’s for sure. While others might disagree, I doubt that kind of opportunity will come along again any time soon.
Unfortunately all too many of those that score from this debacle will think they’ve scored because they are so smart and good at predicting the future. Hopefully your office mate will instead follow their first intentions, pay off their loans and get a rent free condo.[/quote]
Agreed!I think the fact is some people are just born luckier, and while you can try to increases your chances of that luck, fundamentally if it’s not meant to be it’s not meant to be.
I think there’s a total of 8 times in my life that I was in the right place just on the wrong time frame that would have made me incredibly wealthy… Every single time, I was either early to the party (IE left before the company went public or sold something way too early), or arrived too late by a few months (had trading restrictions and couldn’t exit in time)…It use to bum me out…I’ve gotten use to the near hits, that I don’t bother to chase after them anymore. I’m done.
But I’m happy for my sibling. For the longest time she was screwed over by her employers….And after she came back from maternity, it was big uphill battle to find work at her level again. She only had one offer from a startup….That startup IPOed about 2-3 weeks ago….