r/GrindsMyGears • u/Antique_Egg8587 • 1d ago

People complaining on reddit that they lost thousands or millions on the market.

The vast majority of us don't make more than 80k a year and don't have even a thousand bucks to play with in the market. Like, you want me, who drives a 12 year old rusty car and barely makes rent, to have sympathy for you, when you have more money to throw away than I will ever make. It really makes me wanna punch these wealthy idiots in the face.

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u/a-pair-of-2s 1d ago

i’m assuming you’re referring to something like WSB.

I agree. The loss-porn is part of the vibe there. I still struggle to believe its veracity. Either they’re playing with puts or calls or some other shit I don’t understand, or they’re lying. Or, the more probable, they’re fuckin stupid, but we already could guess that part.

What’s the fallacy the Bigger Idiot? It’s wild.

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u/Diiiiirty 23h ago

You fail to consider the perfectly normal Americans with perfectly normal salaries who are losing shit tons of money in their 401k's, which are 100% dependent on the stock market.

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u/Antique_Egg8587 7h ago

I didn't fail to consider them. My post wasn't about them in the first place. My rant was about the wealthy idiots that complain about their market losses on reddit like I should care about it.