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    I literally work in finance and don’t invest any of my money. I’m a fucking idiot.

    Hi everyone! As you can tell by the title, I’m going to preface this by saying I’m an idiot. I’ve been a part of this sub for a while, but I’ve never posted or commented.

    I’m in my early twenties, started working recently and have been studying finance and econ for far too long but still feel like I’ve got SO much to learn. As you can tell by the title, I don’t invest ANYTHING. This is mainly because 1. Investing requires faith in yourself to a degree, which I lack 2. Working in finance, I’m iffy about the legalities of investing given my job? I know day trading is discouraged but I’ll be honest I haven’t dug into it more 3. I’m good at valuing businesses and firms but not at trading, in fact, don’t really know how to do it practically and 4. Last but not least, I’m an idiot.

    This brings me to why I’m posting this; I needed a push if that makes sense, along with ANY advice you guys have to offer!

    PS: I really want to try and be more active on here, I think there’s a lot to gain from some of these discussions tbh so this is the first official step I guess haha

    I literally work in finance and don’t invest any of my money. I’m a fucking idiot.
    byu/Murphyslaw9108 inwallstreetbets



    Posted by Murphyslaw9108

    37 Comments

    4. VisualMod on

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    5. TheRealK95 on

      You coming here for advice tells us all we need to know 😂

      Note: seriously though.. just invest in vanguard ETFs and forget about it for years.

    7. Dry_Shirt7120 on

      Bro is in finance and is asking us retards for investing advice. Recession indicator

    13. fakeguy011 on

      Start with throwing money into voo. Branch out from there when you get your “self-confidence”.

    14. calpol-dealer on

      I can solve your problem in 3 steps;

      Step 1: How much money do you have? – Deposit all of it into robinhood

      Step 2: Heads or Tails

      Step 3: Heads = 0TDE Spy puts. Tails = 0DTE Spy Calls

    16. AyDylo on

      All you really need to do is start. You learn as you go. Invest $100. Then add another $100 when you feel confident and see an opportunity. Do it again and again.

      Eventually you’ll run out of cash and start trading to get more cash for more opportunities.

      You literally just have to start. It’s that easy.

    17. arter_dev on

      Your actual investments should be boring index funds. Don’t trade securities. Just pile the coal into VOO year after year and forget it exists.

      Then make a beer money account and buy some 0DTE options for the memes.

    18. Dude_Dudovich on

      I can definitely confirm that your 4th point is spot on! Perhaps start there and build on that.

    19. sd42790 on

      Dude just buy SPY and ignore it. Almost certainly does not violate any job-related trading restrictions.

    20. WhyYouMadBro_ on

      Well for someone working in finance you still haven’t donated a dollar into the market, which makes you outperform 90% of the people out here! Keep doing what you’re doing, you’ll get there.

    22. forensicaccountaint on

      Just put it in an etf, put recurring investment on and don’t look until you retire. Or you can day trade, have fun and lose everything. Choice is yours

    26. YUHating on

      My advice is dont play with money your’e not willing to burn. Learn to read charts and well, triple check the legalities of you trading since you work finance. Stay away from options unless its gambling money. Like previously stated this is a casino.

    27. Affectionate-Sale523 on

      *”I’m in my early twenties”* lol oh my sweet, sweet summer retard. 

    28. makmanos on

      What are your firm’s compliance rules for you to be able to trade? If you work in finance the compliance departments have a bunch or rules that leave a lot of investment options out of the table for you. Start from there.

    29. fidycal on

      about question numero 2, you should talk with your HR or manager to see if you have to link your accounts to a compliance program or if you have to disclose trades. Otherwise don’t trade similar securities that you are doing for clients are you should be good g

    31. Accurate-Advice8405 on

      If you trust this over your studies my first piece of advice would be stop paying for those studies.

    34. Buntatricky46 on

      Did you pass your s7? How the fuck do you not know if it’s legal for you to trade individual stocks or not.

    37. zankky on

      I spent 10 years in finance – investment banking then PE. Made shit loads of money for other people. Give great advice to other people on keeping emotions out of stock picking and trading. But myself, since 2012 ive been thinking markets are overvalued, always end up investing at euphoric peaks when fomo is out of control, always end up losing money. On the other hand people I know, including my wife, that know nothing about valuations, PE ratios, etc but over confident due to their complete lack of knowledge, end up making money.

      So like others have said, this is a casino. Being a rational market valuation believer doesn’t work. It’s all about trends and getting on trends at the right time.

      I write all of this while down 20% on gold and silver.

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